---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-017408"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:51:44.149313+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grand Canyon Education Q3 revenue $221.9M (+6.3%), EPS $1.19 vs $0.96; board adds $200M to buyback

## Summary
- Q3 service revenue $221.9M (+6.3% YoY); GCU enrollments rose 6.6% to 118,227.
- Net income $35.7M (+19.1%); diluted EPS $1.19 (vs $0.96); adjusted EPS $1.26 (vs $1.02).
- Q4 guidance: revenue $274.5-275.5M, operating margin 35.4-35.6%, diluted EPS $2.64-2.67.
- Full year 2023 guidance: revenue $957.1-958.1M, diluted EPS $6.74-6.77; adjusted $6.98-7.01.
- Board increased share repurchase authorization by $200M to $2.045B total; $272.4M remaining as of Oct 31.

## SEC filing metadata
- accession: 0001558370-23-017408
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1434588/000155837023017408/0001558370-23-017408-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837023017408/lope-20231102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-017408
- JSON: https://secwatch.observer/filing/0001558370-23-017408.json
- Plain text: https://secwatch.observer/filing/0001558370-23-017408.txt

## Key facts
- Earnings Releases
  Grand Canyon Education, Inc. reported third quarter of 2023 results: EPS Diluted net income per share was $1.19 and $0.96 for the third quarters of 2023 and 2022, respectively..
  - Period: third quarter of 2023
  - EPS: Diluted net income per share was $1.19 and $0.96 for the third quarters of 2023 and 2022, respectively.
  - Result: reported results
  source text: Net income increased 19.1% to $35.7 million for the third quarter of 2023, compared to $30.0 million for the same period in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434588/000155837023017408/0001558370-23-017408-index.htm
- Earnings Releases
  Grand Canyon Education, Inc. reported third quarter of 2023 results: EPS Diluted net income per share was $1.19 and $0.96 for the third quarters of 2023 and 2022, respectively..
  - Period: third quarter of 2023
  - EPS: Diluted net income per share was $1.19 and $0.96 for the third quarters of 2023 and 2022, respectively.
  - Result: reported results
  source text: Diluted net income per share was $1.19 and $0.96 for the third quarters of 2023 and 2022, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434588/000155837023017408/0001558370-23-017408-index.htm

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