Grand Canyon Education Q2 revenue $247.5M (+8.8%), EPS $1.48 vs $1.19; enrollments +10.3%

Grand Canyon Education, Inc.

2025-Q2 EPS reported $4.00 revenue$536,809,000

Service revenue $247.5M, up 8.8% YoY; operating income $51.8M, up 21.2%.
Diluted EPS $1.48 (GAAP), adj. EPS $1.53; net income $41.5M, up 19.1%.
Total partner enrollments 117,283, up 10.3%; GCU enrollments 113,435, up 10.5%.
FY2025 revenue guidance $1,100.3M-$1,107.3M; adj. diluted EPS $8.98-$9.14.
Cash & investments $373.9M at June 30, 2025, up $49.3M from Dec 2024.

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