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How Grand Canyon Education (LOPE) makes money
Grand Canyon Education (LOPE) made $267M of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Of every dollar of revenue, 19¢ was left as operating profit, 16¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $267M | 100.0% |
| Operating profit | $51.5M | 19.3% |
| Income tax | $10.7M | 4.0% |
| Net earnings | $43.0M | 16.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $267M | +2% |
| Q2 2026 | $264M | +7% |
| Q1 2026 | $309M | +7% |
| Q4 2025 | $308M | +5% |
| Q3 2025 | $261M | +10% |
| Q2 2025 | $247M | +9% |
| Q1 2025 | $289M | +5% |
From Grand Canyon Education's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Grand Canyon Education make money?
Grand Canyon Education (LOPE) made $267M of revenue in the third quarter 2026 (Q3 2026), +2% from a year earlier. Of every dollar of revenue, 19¢ was left as operating profit, 16¢ was left as net earnings.
What is Grand Canyon Education's profit margin?
Net earnings were $43.0M, 16.1% of revenue, in the third quarter 2026; the operating margin was 19.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.