earnings
confidence high
sentiment positive
materiality 0.75
Grand Canyon Ed Q1 rev $308.8M (+6.7%); adj EPS $2.86; guides FY adj EPS $9.93-$10.50
Grand Canyon Education, Inc.
2026-Q1 EPS reported
$2.80
revenue$308,760,000
- Revenue $308.8M (+6.7% YoY); diluted EPS $2.80 GAAP, $2.86 adjusted; operating margin 30.9%.
- Enrollments 136,884 (+7.1% YoY); GCU online enrollments up 8.8% to 110,406.
- Adjusted EBITDA $110.7M (+8.5% YoY); net income $75.3M (+5.2%).
- FY2026 guidance: rev $1.169B-$1.190B; diluted EPS $9.69-$10.26; adj diluted EPS $9.93-$10.50.
- Opened 5 off-campus sites in 2025; plan 1-2 more in H2 2026; teach outs at 3 partner sites.