---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-007038"
form_type: "8-K"
ticker: "LOPE"
cik: "0001434588"
company_name: "Grand Canyon Education, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T17:24:07.752261+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GCE Q1 revenue $274.7M (+9.8%), diluted EPS $2.29 (+18%); FY24 EPS guidance $7.35-$7.82

## Summary
- Service revenue $274.7M, up 9.8% YoY; partner enrollments 120,788 (+7.3%).
- Net income $68.0M (+14.2%); adjusted net income $69.6M; diluted EPS $2.29, adjusted $2.35.
- Adjusted EBITDA $98.6M (+13.8%); operating margin 30.8% vs 29.8%.
- Q2 2024 guidance: revenue $222-224M, diluted EPS $1.02-$1.06; full year revenue $1,020-1,042M.
- Cash and investments $290.7M, up $46.2M from Dec 31, 2023.

## SEC filing metadata
- accession: 0001558370-24-007038
- form_type: 8-K
- ticker: LOPE
- cik: 0001434588
- company_name: Grand Canyon Education, Inc.
- filed_at: 2024-05-07T23:59:59+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/1434588/000155837024007038/0001558370-24-007038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1434588/000155837024007038/lope-20240507x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-007038
- JSON: https://secwatch.observer/filing/0001558370-24-007038.json
- Plain text: https://secwatch.observer/filing/0001558370-24-007038.txt

## Key facts
- Earnings Releases
  Grand Canyon Education, Inc. reported the quarter ended March 31, 2024 results: revenue $274.7 million, net income $68.0 million, EPS $2.29.
  - Period: the quarter ended March 31, 2024
  - Revenue: $274.7 million
  - Net income: $68.0 million
  - EPS: $2.29
  - Result: reported results
  source text: 1 Grand Canyon Education, Inc. Reports First Quarter 2024 Results ​ For the three months ended March 31, 2024: ​ ● S ervice revenue for the three months ended March 31, 2024 was $274.7 million, an increase of $24.6 million, or 9.8%, as compared to service revenue of $250.1 million for the three months ended March 31, 2023. The increase year over year in service revenue
  evidence_url: https://www.sec.gov/Archives/edgar/data/1434588/000155837024007038/0001558370-24-007038-index.htm

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