Filing Flows › Grand Canyon Education (LOPE) › Guidance history
Grand Canyon Education (LOPE) guidance history: what it guided and what it reported
Grand Canyon Education gave guidance in 12 earnings releases on file since Feb 13, 2024. Of 9 guided periods since reported, it met or beat its own guidance 8 times (89%). Tax rate: 8 of 9, on average +0.2 pts against the guided midpoint.
Operating margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 27.5%–28.8% (Feb 18, 2026) → raised 27.8%–29.0% (Apr 30, 2026) → lowered 28.0%–28.2% (Jul 30, 2026) | — | to be reported | — |
| Q4 2026 | 36.4%–38.2% (Feb 18, 2026) → reaffirmed 36.4%–38.2% (Apr 30, 2026) → lowered 36.9%–37.4% (Jul 30, 2026) | — | to be reported | — |
| Q3 2026 | 21.0%–23.0% (Feb 18, 2026) → reaffirmed 21.0%–23.0% (Apr 30, 2026) → lowered 19.5%–20.0% (Jul 30, 2026) | — | — | — |
| Q2 2026 | 20.1%–21.3% (Feb 18, 2026) → reaffirmed 20.1%–21.3% (Apr 30, 2026) | — | — | — |
| Q1 2026 | 30.0%–30.3% (Feb 18, 2026) | — | — | — |
| FY2025 | 27.1%–27.9% (Feb 19, 2025) → raised 27.3%–28.0% (May 6, 2025) → reaffirmed 27.5%–27.9% (Aug 6, 2025) → lowered 24.0%–24.3% (Nov 5, 2025) | — | — | — |
| Q4 2025 | 35.5%–36.3% (Feb 19, 2025) → reaffirmed 35.5%–36.3% (May 6, 2025) → lowered 35.1%–35.8% (Aug 6, 2025) → reaffirmed 35.1%–35.8% (Nov 5, 2025) | — | — | — |
| Q3 2025 | 22.0%–23.2% (Feb 19, 2025) → reaffirmed 22.0%–23.2% (May 6, 2025) → lowered 21.8%–22.2% (Aug 6, 2025) | — | — | — |
| Q2 2025 | 18.1%–19.0% (Feb 19, 2025) → raised 18.8%–19.4% (May 6, 2025) | — | — | — |
| Q1 2025 | 30.0%–30.2% (Feb 19, 2025) | — | — | — |
Tax rate
Met or beat 8 of 9 periods (1 above, 4 within, 4 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | 24.9% (Feb 18, 2026) → reaffirmed 24.9% (Apr 30, 2026) → lowered 20.8% (Jul 30, 2026) | 20.0% | below the range | -0.8 pts |
| Q2 2026 | 24.9% (Feb 18, 2026) → reaffirmed 24.9% (Apr 30, 2026) | 24.7% | within the range | -0.2 pts |
| Q1 2026 | 23.4% (Feb 18, 2026) | 23.5% | within the range | +0.1 pts |
| FY2026 | 24.3% (Feb 18, 2026) → reaffirmed 24.3% (Apr 30, 2026) → lowered 23.2% (Jul 30, 2026) | — | to be reported | — |
| Q4 2026 | 24.3% (Feb 18, 2026) → reaffirmed 24.3% (Apr 30, 2026) → lowered 23.2% (Jul 30, 2026) | — | to be reported | — |
| FY2025 | 23.8% (Feb 19, 2025) → lowered 23.7% (May 6, 2025) → lowered 22.3% (Aug 6, 2025) → raised 22.9% (Nov 5, 2025) | 22.8% | within the range | -0.1 pts |
| Q4 2025 | 24.1% (Feb 19, 2025) → reaffirmed 24.1% (May 6, 2025) → lowered 22.8% (Aug 6, 2025) → reaffirmed 22.8% (Nov 5, 2025) | 22.4% | below the range | -0.4 pts |
| Q3 2025 | 24.9% (Feb 19, 2025) → reaffirmed 24.9% (May 6, 2025) → lowered 20.6% (Aug 6, 2025) | 24.9% | above the range | +4.2 pts |
| Q2 2025 | 24.9% (Feb 19, 2025) → reaffirmed 24.9% (May 6, 2025) | 24.5% | below the range | -0.4 pts |
| Q1 2025 | 22.2% (Feb 19, 2025) | 21.6% | below the range | -0.6 pts |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $9.79–$10.40 (Feb 18, 2026) → raised $9.93–$10.50 (Apr 30, 2026) → raised $10.18–$10.32 (Jul 30, 2026) | — | to be reported | — |
| Q4 2026 | $3.63–$3.91 (Feb 18, 2026) → raised $3.65–$3.93 (Apr 30, 2026) → raised $3.75–$3.85 (Jul 30, 2026) | — | to be reported | — |
| Q3 2026 | $1.78–$1.97 (Feb 18, 2026) → reaffirmed $1.78–$1.97 (Apr 30, 2026) → lowered $1.74–$1.78 (Jul 30, 2026) | — | — | — |
| Q2 2026 | $1.62–$1.74 (Feb 18, 2026) → raised $1.63–$1.74 (Apr 30, 2026) | — | — | — |
| Q1 2026 | $2.76–$2.79 (Feb 18, 2026) | — | — | — |
| FY2025 | $8.43–$8.82 (Feb 19, 2025) → raised $8.59–$8.93 (May 6, 2025) → raised $8.98–$9.14 (Aug 6, 2025) → reaffirmed $9.02–$9.13 (Nov 5, 2025) | — | — | — |
| Q4 2025 | $3.05–$3.22 (Feb 19, 2025) → raised $3.06–$3.23 (May 6, 2025) → raised $3.13–$3.24 (Aug 6, 2025) → reaffirmed $3.13–$3.24 (Nov 5, 2025) | — | — | — |
| Q3 2025 | $1.61–$1.74 (Feb 19, 2025) → raised $1.62–$1.74 (May 6, 2025) → raised $1.75–$1.80 (Aug 6, 2025) | — | — | — |
| Q2 2025 | $1.28–$1.36 (Feb 19, 2025) → raised $1.34–$1.39 (May 6, 2025) | — | — | — |
| Q1 2025 | $2.50–$2.52 (Feb 19, 2025) | — | — | — |
The latest quarter
Grand Canyon Education, Q3 2026: revenue $267M (+2% year over year), operating margin 19.3%, net earnings $43.0M, operating cash flow −$25.3M. The chart follows the revenue to costs, profit and cash.
Questions
Does Grand Canyon Education beat its guidance?
Grand Canyon Education gave guidance in 12 earnings releases on file since Feb 13, 2024. Of 9 guided periods since reported, it met or beat its own guidance 8 times (89%). Tax rate: 8 of 9, on average +0.2 pts against the guided midpoint.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.