---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-015499"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:56:48.181440+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grand Canyon Education Q3 rev $208.7M (+0.9%); net income falls 37% to $30.0M; $200M buyback added

## Summary
- Service revenue $208.7M (+0.9% YoY); operating income $35.5M (17.0% margin vs 21.9%).
- GAAP diluted EPS $0.96; adjusted diluted EPS $1.02; net income $30.0M (-37% YoY).
- GCU online enrollments fell 4.7% YoY; traditional ground enrollments rose 8.0%.
- Board authorized additional $200M share repurchase, bringing aggregate to $1.845B; $203.6M remains.
- Q4 2022 guidance: revenue $255.5-256.5M, diluted EPS $2.18-2.19; FY $908.1-909.1M, EPS $5.61-5.62.

## SEC filing metadata
- accession: 0001558370-22-015499
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434588/000155837022015499/0001558370-22-015499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837022015499/lope-20221027x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-015499
- JSON: https://secwatch.observer/filing/0001558370-22-015499.json
- Plain text: https://secwatch.observer/filing/0001558370-22-015499.txt

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