---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001055"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:18:28.998208+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grand Canyon Education Q4 revenue up 7.6% to $278.3M; EPS $2.71; guides FY24 rev $1.016-1.04B

## Summary
- Q4 2023 service revenue $278.3M, +7.6% YoY; operating income $97.8M (+7.8% YoY); operating margin 35.1%.
- Diluted EPS $2.71, up from $2.30; adjusted diluted EPS $2.77 vs $2.36.
- Total partner enrollments 121,250, up 7.3% YoY; GCU online enrollments rose 10% to 92,070.
- Full-year 2024 guidance: service revenue $1.016-1.040B, diluted EPS $7.17-$7.69, adjusted EPS $7.39-$7.91.
- Cash and investments $244.5M at Dec 31, 2023 vs $181.7M a year ago, up $62.8M.

## SEC filing metadata
- accession: 0001558370-24-001055
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1434588/000155837024001055/0001558370-24-001055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837024001055/lope-20240213x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001055
- JSON: https://secwatch.observer/filing/0001558370-24-001055.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001055.txt

## Key facts
- Earnings Releases
  Grand Canyon Education, Inc. reported the year ended December 31, 2023 results: revenue $960.9 million, net income $205.0 million, EPS $6.80.
  - Period: the year ended December 31, 2023
  - Revenue: $960.9 million
  - Net income: $205.0 million
  - EPS: $6.80
  - Result: reported results
  source text: quarter of 2023, compared to $102.2 million for the same period in 2022. ​ For the year ended December 31, 2023: ​ ● S ervice revenue for the year ended December 31, 2023 was $960.9 million, an increase of $49.6 million, or 5.4%, as compared to service revenue of $911.3 million for the year ended December 31, 2022. The increase year over year in service revenue was
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434588/000155837024001055/0001558370-24-001055-index.htm
- Earnings Releases
  Grand Canyon Education, Inc. reported the quarter ended December 31, 2023 results: revenue $278.3 million, net income $80.7 million, EPS $2.71.
  - Period: the quarter ended December 31, 2023
  - Revenue: $278.3 million
  - Net income: $80.7 million
  - EPS: $2.71
  - Result: reported results
  source text: Canyon Education, Inc. Reports Fourth Quarter 2023 Results ​ For the three months ended December 31, 2023: ​ ● S ervice revenue for the three months ended December 31, 2023 was $278.3 million, an increase of $19.6 million, or 7.6%, as compared to service revenue of $258.7 million for the three months ended December 31, 2022. The increase year over year in service
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434588/000155837024001055/0001558370-24-001055-index.htm

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