---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-007652"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:15:41.499495+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Grand Canyon Education Q1 rev $250.1M (+2.5%), EPS $1.94; FY2023 guide $5.94-$6.49

## Summary
- Service revenue $250.1M, up 2.5% YoY; GAAP diluted EPS $1.94 vs $1.66.
- Operating income $74.5M (29.8% margin) vs $77.5M (31.7%) last year.
- Adjusted EBITDA $86.6M, down 4.2%; adjusted diluted EPS $2.00 vs $1.72.
- GCU traditional campus enrollments up 6.6%; partner enrollments 112,588 (+2.2%).
- FY2023 guidance: revenue $940-965M; diluted EPS $5.94-$6.49.

## SEC filing metadata
- accession: 0001558370-23-007652
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434588/000155837023007652/0001558370-23-007652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837023007652/lope-20230502x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-007652
- JSON: https://secwatch.observer/filing/0001558370-23-007652.json
- Plain text: https://secwatch.observer/filing/0001558370-23-007652.txt

## Key facts
- Earnings Releases
  Grand Canyon Education, Inc. reported the quarter ended March 31, 2023 results: revenue $250.1 million, net income $59.6 million, EPS $1.94. Guidance initiated.
  - Period: the quarter ended March 31, 2023
  - Revenue: $250.1 million
  - Net income: $59.6 million
  - EPS: $1.94
  - Guidance: initiated
  - Result: reported results
  source text: ended March 31, 2023. ​ ​ (more) ​ 1 Grand Canyon Education, Inc. Reports First Quarter 2023 Results ​ For the three months ended March 31, 2023: ​ ● S ervice revenue was $250.1 million for the first quarter of 2023, an increase of $6.0 million, or 2.5%, as compared to service revenue of $244.1 million for the first quarter of 2022. The increase year over year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434588/000155837023007652/0001558370-23-007652-index.htm

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