---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013202"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:45:07.669260+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GCE Q2 revenue $210.6M (+5.4%), EPS $0.96; guides FY23 revenue $948.7M-$955.7M

## Summary
- Q2 service revenue $210.6M (+5.4% YoY); operating income $35.4M (16.8% margin); net income $29.0M (+13.3%).
- Diluted EPS $0.96 (adjusted $1.01) vs $0.80 (adj. $0.85) in Q2 2022.
- GCU enrollments up 4.1% to 95,972; total partner enrollments 99,526 (+3.6% YoY).
- FY 2023 guidance: revenue $948.7M-$955.7M; diluted EPS $6.37-$6.55; adjusted EPS $6.59-$6.77.
- Cash and investments $233.4M at June 30, up $51.7M from Dec 31, 2022.

## SEC filing metadata
- accession: 0001558370-23-013202
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434588/000155837023013202/0001558370-23-013202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837023013202/lope-20230803x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013202
- JSON: https://secwatch.observer/filing/0001558370-23-013202.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013202.txt

## Key facts
- Earnings Releases
  Grand Canyon Education, Inc. reported second quarter ended June 30, 2023 results: revenue service revenue was $210.6 million, net income Net income increased 13.3% to $29.0 million for the second quarter of 2023, EPS Diluted net income per share was $0.96.
  - Period: second quarter ended June 30, 2023
  - Revenue: service revenue was $210.6 million
  - Net income: Net income increased 13.3% to $29.0 million for the second quarter of 2023
  - EPS: Diluted net income per share was $0.96
  - Result: reported results
  source text: 1 Grand Canyon Education, Inc. Reports Second Quarter 2023 Results ​ For the three months ended June 30, 2023: ​ ● S ervice revenue for the three months ended June 30, 2023 was $210.6 million, an increase of $10.8 million, or 5.4%, as compared to service revenue of $199.8 million for the three months ended June 30, 2022. The increase year over year in service revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434588/000155837023013202/0001558370-23-013202-index.htm

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