Filing Flows › Grand Canyon Education (LOPE) › Q2 2026 › vs Q2 2025
Grand Canyon Education (LOPE) Q2 2026 vs Q2 2025 (year over year)
Grand Canyon Education's revenue rose $16.5M (+7%) from $247M in Q2 2025 to $264M in Q2 2026. Operating margin 22.0% against 20.9% (+1.1 pts).
Grand Canyon Education, Q2 2026: revenue $264M (+7% year over year), operating margin 22.0%, net earnings $45.9M, operating cash flow $109M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.0% | 20.9% | +1.1 pts |
| Net margin | 17.4% | 16.8% | +0.6 pts |
| Free cash flow margin | 37.1% | 46.6% | -9.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $264M | $247M | $16.5M | +7% |
| Other income, net | $2.7M | $3.2M | −$524K | -16% |
| Operating profit | $58.2M | $51.8M | $6.4M | +12% |
| Costs & expenses | $206M | $196M | $10.2M | +5% |
| Pre-tax earnings | $60.9M | $55.0M | $5.8M | +11% |
| General & admin | $10.1M | $11.4M | −$1.3M | -11% |
| Other operating costs | $196M | $184M | $11.5M | +6% |
| Net earnings | $45.9M | $41.5M | $4.3M | +10% |
| Income tax | $15.0M | $13.5M | $1.5M | +11% |
| Share-based compensation | $3.5M | $3.5M | −$31K | -0.9% |
| Working capital & other | $59.3M | $79.0M | −$19.6M | -25% |
| Operating cash flow | $109M | $124M | −$15.4M | -12% |
| Free cash flow (OCF − capex) | $97.9M | $115M | −$17.5M | -15% |
| Capital expenditures | $10.7M | $8.6M | $2.1M | +25% |
Questions
How much did Grand Canyon Education's revenue grow year over year in Q2 2026?
Grand Canyon Education's revenue rose $16.5M (+7%) from $247M in Q2 2025 to $264M in Q2 2026. Operating margin 22.0% against 20.9% (+1.1 pts).