secwatch.observer — SEC 8-K summary
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Issuer:     Grand Canyon Education, Inc. (LOPE)
CIK:        0001434588
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001104659-25-106979
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Grand Canyon Education Q3 2025 revenue rises 9.6% but net income drops 60.8% on $35M litigation settlement
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- Q3 service revenue $261.1M (+9.6% YoY), enrollments up 7.9% to 138,073.
- GAAP net income fell 60.8% to $16.3M, hit by $35M reserve for qui tam lawsuit settlement.
- Adjusted diluted EPS rose to $1.78 from $1.48; adjusted EBITDA up 14.4% to $75.9M.
- GCU enrollments increased 7.7% to 132,486; off-campus site enrollments up 17.4%.
- Full year 2025 revenue guidance $1.103B-$1.108B, adjusted diluted EPS $9.02-$9.13.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434588/000110465925106979/0001104659-25-106979-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434588/000110465925106979/lope-20251105x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-106979

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer