---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-007031"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:34:24.404089+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GCE Q1 revenue $244.1M (+3% YoY), net income down 25.6% to $58.1M

## Summary
- Service revenue $244.1M (+3% YoY); partner enrollments 110,217 (-4.5% YoY).
- GAAP net income $58.1M (-25.6%), diluted EPS $1.66; adjusted EPS $1.72 (flat YoY).
- Adjusted EBITDA $90.4M (-5.4%); operating margin 31.7% vs 35.5% in Q1 2021.
- FY 2022 guidance: service revenue $907.6M-$931.6M, adjusted EPS $5.53-$6.09.
- Q1 share repurchases $399.6M; cash & investments $264.3M (down from $600.9M Dec 2021).

## SEC filing metadata
- accession: 0001558370-22-007031
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434588/000155837022007031/0001558370-22-007031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837022007031/lope-20220504x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-007031
- JSON: https://secwatch.observer/filing/0001558370-22-007031.json
- Plain text: https://secwatch.observer/filing/0001558370-22-007031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.