Grand Canyon Education, Inc. delivered a mixed performance in the third quarter of 2025. While service revenue grew by 9.6% to $261.1 million and adjusted EBITDA increased by 14.4% to $75.9 million, GAAP operating income and net income experienced substantial decreases of 62.6% and 60.8% respectively, primarily due to a $35.0 million litigation settlement reserve.

Grand Canyon Education, Inc. delivered a strong second quarter in 2025, with service revenue increasing by 8.8% year-over-year to $247.5 million. Net income rose by 19.1% to $41.5 million, and diluted EPS reached $1.48. The growth was primarily fueled by a 10.3% increase in partner enrollments, reaching 117,283.

Grand Canyon Education, Inc. reported a solid first quarter for 2025, with service revenue increasing by 5.3% year-over-year, driven primarily by a 5.8% rise in partner enrollments. Both net income and diluted EPS also saw increases compared to the same period last year.

Grand Canyon Education, Inc. (GCE) reported strong financial performance for Q4 2024, with service revenue increasing by 5.1% year-over-year to $292.6 million. Net income rose by 1.4% to $81.9 million, while diluted EPS improved to $2.84. Operating income grew to $100.0 million, although the operating margin slightly declined. Adjusted EPS stood at $2.95, reflecting continued enrollment growth and expansion of off-campus sites.

Grand Canyon Education reported a revenue of $238.3 million for the third quarter of 2024, a 7.4% increase compared to the same period in 2023. The increase was primarily due to higher enrollments at Grand Canyon University and off-campus sites, as well as an increase in revenue per student. Net income increased by 16.0% to $41.5 million, and diluted net income per share was $1.42.

Grand Canyon Education, Inc. reported an increase in service revenue to $227.5 million for the three months ended June 30, 2024, an 8.0% increase compared to the same period in 2023. The increase was driven by higher GCU enrollments and increased university partner enrollments at off-campus sites. Net income increased to $34.9 million, with diluted net income per share at $1.19.

Grand Canyon Education reported a strong first quarter in 2024, with service revenue increasing by 9.8% to $274.7 million and net income rising by 14.2% to $68.0 million. Partner enrollments grew to 120,788, and the company's operating margin improved to 30.8%. The diluted earnings per share increased to $2.29, reflecting solid financial performance.

Grand Canyon Education reported a 7.6% increase in service revenue, reaching $278.3 million, and a 13.6% increase in net income, totaling $80.7 million for the fourth quarter of 2023. The diluted net income per share was $2.71, and adjusted EBITDA increased by 8.5% to $110.9 million.

Grand Canyon Education reported a 6.3% increase in service revenue to $221.9 million and a 19.1% increase in net income to $35.7 million for the third quarter of 2023, driven by higher GCU enrollments and increased revenue per student.

Grand Canyon Education reported an increase in service revenue and net income for the second quarter of 2023. Service revenue increased by 5.4% year-over-year, driven by higher GCU enrollments and revenue per student. Net income also saw a significant increase of 13.3% compared to the same period in the previous year.

Grand Canyon Education, Inc. reported financial results for the quarter ended March 31, 2023. Service revenue increased by 2.5% to $250.1 million, driven by growth in GCU traditional campus enrollments. Net income rose by 2.6% to $59.6 million, while diluted net income per share was $1.94. However, operating income decreased to $74.5 million, and adjusted EBITDA fell by 4.2% to $86.6 million.

Grand Canyon Education reported a 2.9% increase in service revenue for Q4 2022, reaching $258.7 million, driven by growth in GCU traditional campus enrollments and revenue per student, which was offset by decreases in online enrollments at GCU and students in a university partner's OTA program. Operating income decreased to $90.7 million, and net income decreased to $71.0 million.

Grand Canyon Education reported a slight increase in service revenue, driven by growth in traditional campus enrollments, but experienced a decrease in net income due to lower interest income and a higher operating margin.

Grand Canyon Education, Inc. reported financial results for the quarter ended June 30, 2022. Service revenue was $199.8 million, a decrease of 0.9% compared to the second quarter of 2021. Net income decreased 48.3% to $25.6 million, compared to $49.5 million for the same period in 2021.

Grand Canyon Education, Inc. reported financial results for the quarter ended March 31, 2022, with service revenue increasing by 3.0% year-over-year to $244.1 million, driven by higher revenue per student, but offset by a 4.5% decrease in university partner enrollments. Net income decreased by 25.6% to $58.1 million, and diluted net income per share was $1.66 compared to $1.69 in the same period of 2021.

Grand Canyon Education reported an increase in service revenue and operating income for Q4 2021. Service revenue increased to $251.4 million, and operating income rose to $102.4 million. However, net income saw a slight decrease to $85.1 million compared to the same period in 2020.

Grand Canyon Education, Inc. reported financial results for the quarter ended September 30, 2021. Service revenue increased, primarily due to increases in university partner enrollments and revenue per student. However, operating income and net income decreased compared to the same period in 2020.

Grand Canyon Education, Inc. reported financial results for the quarter ended June 30, 2021, with service revenue increasing primarily due to increases in university partner enrollments and revenue per student. Net income increased 5.2% to $49.5 million, and diluted net income per share was $1.09.

Grand Canyon Education reported a strong first quarter in 2021, with service revenue increasing to $236.9 million and net income rising to $78.1 million. Partner enrollments grew by 7.2%, reflecting continued demand for GCE's services. The company is optimistic about its future prospects and has provided a positive outlook for the remainder of the year.

Grand Canyon Education, Inc. reported financial results for the quarter ended December 31, 2020, with service revenue increasing by 11.7% to $238.3 million and net income rising by 13.2% to $86.8 million compared to the same period in 2019. Partner enrollments grew by 8.5%, reaching 115,997. The company's operating income increased to $97.3 million, with an operating margin of 40.8%.

Grand Canyon Education reported a 2.6% increase in service revenue, driven by enrollment growth, but operating income decreased due to COVID-19 impacts and increased university partners.

Grand Canyon Education reported a service revenue increase of 6.3% year over year, primarily due to increased enrollments at university partners, but operating income decreased due to reduced ancillary revenues at GCU and fewer revenue-producing days.

Grand Canyon Education reported a service revenue of $221.7 million for the first quarter of 2020, compared to $197.3 million for the first quarter of 2019, representing a 12.4% increase. The company's operating income increased to $80.8 million, while net income decreased slightly to $71.4 million. Diluted net income per share was $1.49, and adjusted diluted net income per share was $1.53.

Grand Canyon Education reported a service revenue increase of 20.1% to $213.2 million for Q4 2019, driven by the Orbis Education acquisition and growth in GCU enrollments. Net income increased by 1.5% to $76.7 million, with diluted net income per share at $1.59. The company's Board of Directors also increased the stock repurchase program authorization by $75.0 million.