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Filing Flows › Grand Canyon Education (LOPE) › Q3 2026 › vs Q2 2026

Grand Canyon Education (LOPE) Q3 2026 vs Q2 2026 (quarter over quarter)

Grand Canyon Education's revenue rose $3.3M (+1%) from $264M in Q2 2026 to $267M in Q3 2026. Operating margin 19.3% against 22.0% (-2.8 pts).

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 draws each line against Q2 2026, the increases inside each band.

Grand Canyon Education: what changed, Q3 2026 vs Q2 2026Grand Canyon Education: what changed, Q3 2026 vs Q2 2026Cash used in operations$134MOperating cash sources$131MWorking capital & other$131MCosts & expenses$10.0MPre-tax earnings−$7.1MGeneral & admin$6.8MOperating profit−$6.7MIncome tax−$4.3MOther operating costs$3.2MNet earnings−$2.8M

Margins

Q3 2026Q2 2026Change
Operating margin19.3%22.0%-2.8 pts
Net margin16.1%17.4%-1.3 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$267M$264M$3.3M+1%
Other income, net$2.3M$2.7M−$413K-15%
Operating profit$51.5M$58.2M−$6.7M-11%
Costs & expenses$216M$206M$10.0M+5%
Pre-tax earnings$53.8M$60.9M−$7.1M-12%
General & admin$16.9M$10.1M$6.8M+67%
Other operating costs$199M$196M$3.2M+2%
Net earnings$43.0M$45.9M−$2.8M-6%
Income tax$10.7M$15.0M−$4.3M-28%
Operating cash sources$71.7M−$59.3M$131M—
Share-based compensation$3.4M$3.5M−$65K-2%
Cash used in operations$25.3M−$109M$134M—
Working capital & other$71.7M−$59.3M$131M—

Questions

How much did Grand Canyon Education's revenue grow quarter over quarter in Q3 2026?

Grand Canyon Education's revenue rose $3.3M (+1%) from $264M in Q2 2026 to $267M in Q3 2026. Operating margin 19.3% against 22.0% (-2.8 pts).

Q3 2026 results → · Compare in the interactive Sankey →