Grand Canyon Education (LOPE) Change in Receivables (2016 - 2026)
Quarterly Change in Receivables fell 11.53% to $29.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was -$2.4 million through Mar 2026, down 161.34% year-over-year, with the annual reading at $1.3 million for FY2025, 67.85% down from the prior year.
Grand Canyon Education filings provide 17 years of Change in Receivables readings, the most recent being $29.0 million for Q1 2026.
- Change in Receivables hit $29.0 million in Q1 2026 for Grand Canyon Education, up from -$37.8 million in the prior quarter.
- Across five years, Change in Receivables topped out at $94.3 million in Q3 2025 and bottomed at -$88.0 million in Q2 2025.
- Average Change in Receivables over 5 years is $2.5 million, with a median of $25.2 million recorded in 2023.
- Peak annual rise in Change in Receivables hit 30.77% in 2024, while the deepest fall reached 30.3% in 2024.
- Grand Canyon Education's Change in Receivables stood at -$23.8 million in 2022, then dropped by 8.03% to -$25.7 million in 2023, then crashed by 30.3% to -$33.4 million in 2024, then dropped by 12.93% to -$37.8 million in 2025, then skyrocketed by 176.72% to $29.0 million in 2026.
- Per Business Quant, the three most recent readings for LOPE's Change in Receivables are $29.0 million (Q1 2026), -$37.8 million (Q4 2025), and $94.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | - |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | -48.47 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -71.82 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 28.97 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | -11.73 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | - |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 6.94 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 8.03 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 17.95 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | -26.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.97 Mn |
| Mar 31, 2026 | 28.97 Mn |
| Dec 31, 2025 | -37.76 Mn |
| Dec 31, 2025 | -37.76 Mn |
| Sep 30, 2025 | 94.34 Mn |
| Sep 30, 2025 | 94.34 Mn |
| Jun 30, 2025 | -88.00 Mn |
| Jun 30, 2025 | -88.00 Mn |
| Mar 31, 2025 | 32.75 Mn |
| Mar 31, 2025 | 32.75 Mn |
| Dec 31, 2024 | -33.44 Mn |
| Dec 31, 2024 | -33.44 Mn |
| Sep 30, 2024 | 86.93 Mn |
| Sep 30, 2024 | 86.93 Mn |
| Jun 30, 2024 | -82.26 Mn |
| Jun 30, 2024 | -82.26 Mn |
| Mar 31, 2024 | 32.90 Mn |
| Mar 31, 2024 | 32.90 Mn |
| Dec 31, 2023 | -25.66 Mn |
| Dec 31, 2023 | -25.66 Mn |
| Sep 30, 2023 | 79.79 Mn |
| Sep 30, 2023 | 79.79 Mn |
| Jun 30, 2023 | -77.89 Mn |
| Jun 30, 2023 | -77.89 Mn |
| Mar 31, 2023 | 25.16 Mn |
| Mar 31, 2023 | 25.16 Mn |
| Dec 31, 2022 | -23.76 Mn |
| Dec 31, 2022 | -23.76 Mn |
| Sep 30, 2022 | 75.44 Mn |
| Sep 30, 2022 | 75.44 Mn |
| Jun 30, 2022 | -76.28 Mn |
| Jun 30, 2022 | -76.28 Mn |
| Mar 31, 2022 | 31.94 Mn |
| Mar 31, 2022 | 31.94 Mn |
| Dec 31, 2021 | -29.95 Mn |
| Dec 31, 2021 | -29.95 Mn |
| Sep 30, 2021 | 80.13 Mn |
| Sep 30, 2021 | 80.13 Mn |
| Jun 30, 2021 | -76.91 Mn |
| Jun 30, 2021 | -76.91 Mn |
| Mar 31, 2021 | 29.60 Mn |
| Mar 31, 2021 | 29.60 Mn |
| Dec 31, 2020 | -26.86 Mn |
| Dec 31, 2020 | -26.86 Mn |
| Sep 30, 2020 | 73.50 Mn |
| Sep 30, 2020 | 73.50 Mn |
| Jun 30, 2020 | -61.84 Mn |
| Jun 30, 2020 | -61.84 Mn |
| Mar 31, 2020 | 28.45 Mn |
| Mar 31, 2020 | 28.45 Mn |
| Dec 31, 2019 | -34.62 Mn |
| Dec 31, 2019 | -34.62 Mn |
| Sep 30, 2019 | 74.91 Mn |
| Sep 30, 2019 | 74.91 Mn |
| Jun 30, 2019 | -65.78 Mn |
| Jun 30, 2019 | -65.78 Mn |
| Mar 31, 2019 | 24.72 Mn |
| Mar 31, 2019 | 24.72 Mn |
| Dec 31, 2018 | -18.02 Mn |
| Dec 31, 2018 | -18.02 Mn |
| Sep 30, 2018 | 61.72 Mn |
| Sep 30, 2018 | 61.72 Mn |
| Jun 30, 2018 | 4.23 Mn |
| Jun 30, 2018 | 4.23 Mn |
| Mar 31, 2018 | 3.56 Mn |
| Mar 31, 2018 | 3.56 Mn |
| Dec 31, 2017 | 4.25 Mn |
| Dec 31, 2017 | 4.25 Mn |
| Sep 30, 2017 | 7.14 Mn |
| Sep 30, 2017 | 7.14 Mn |
| Jun 30, 2017 | 5.19 Mn |
| Jun 30, 2017 | 5.19 Mn |
| Mar 31, 2017 | 3.27 Mn |
| Mar 31, 2017 | 3.27 Mn |
| Dec 31, 2016 | 5.72 Mn |
| Dec 31, 2016 | 5.72 Mn |
| Sep 30, 2016 | 6.13 Mn |
| Sep 30, 2016 | 6.13 Mn |
| Jun 30, 2016 | 5.07 Mn |
| Jun 30, 2016 | 5.07 Mn |