Grand Canyon Education (LOPE) Cost of Revenue (2016 - 2026)

Grand Canyon Education filings provide 17 years of Cost of Revenue readings, the most recent being $64.0 million for Q1 2026.

• Cost of Revenue hit $64.0 million in Q1 2026 for Grand Canyon Education, up from $53.7 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $64.0 million in Q1 2026 and bottomed at $44.9 million in Q4 2022.
• Average Cost of Revenue over 5 years is $53.2 million, with a median of $52.9 million recorded in 2024.
• The largest annual shift saw Cost of Revenue rose 9.44% in 2022 before it rose 2.15% in 2023.
• Grand Canyon Education's Cost of Revenue stood at $44.9 million in 2022, then grew by 2.56% to $46.0 million in 2023, then grew by 7.92% to $49.6 million in 2024, then increased by 8.15% to $53.7 million in 2025, then grew by 19.17% to $64.0 million in 2026.
• Per Business Quant, the three most recent readings for LOPE's Cost of Revenue are $64.0 million (Q1 2026), $53.7 million (Q4 2025), and $59.1 million (Q3 2025).

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