Grand Canyon Education (LOPE) Cost of Revenue (2010 - 2026)
Grand Canyon Education's (LOPE) quarterly Cost of Revenue came in at $60.0 million in Q2 2026, up 7.01% YoY from $56.0 million in Q2 2025, and down 6.29% on a QoQ basis from $64.0 million in Q1 2026.
Grand Canyon Education (LOPE) Cost of Revenue (2010 - 2026) Analysis & Trends
Grand Canyon Education (LOPE) has 17 years of Cost of Revenue data on file, last reported at $60.0 million in Q2 2026.
- Quarterly Cost of Revenue rose 7.01% year-over-year to $60.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $236.8 million (up 7.37% YoY) and the FY2025 annual result came in at $229.2 million, up 7.9% from the prior year.
- Cost of Revenue slipped to $60.0 million in Q2 2026, from $64.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $64.0 million in Q1 2026 to a low of $44.9 million in Q4 2022.
- A 5-year average of $53.6 million and a median of $53.0 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue advanced 9.44% — and 2023, when it advanced 2.15%.
- Tracing LOPE's Cost of Revenue over 5 years: stood at $44.9 million in 2022, then climbed by 2.56% to $46.0 million in 2023, then rose by 7.92% to $49.6 million in 2024, then grew by 8.15% to $53.7 million in 2025, then rose by 11.68% to $60.0 million in 2026.
- The last three Cost of Revenue figures came in at $60.0 million (Q2 2026), $64.0 million (Q1 2026), and $53.7 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 717.31 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 8.21 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 59.96 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 418.78 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 74.83 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 202.24 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 108.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.96 Mn |
| Jun 30, 2026 | 59.96 Mn |
| Mar 31, 2026 | 63.99 Mn |
| Mar 31, 2026 | 63.99 Mn |
| Dec 31, 2025 | 53.69 Mn |
| Dec 31, 2025 | 53.69 Mn |
| Sep 30, 2025 | 59.15 Mn |
| Sep 30, 2025 | 59.15 Mn |
| Jun 30, 2025 | 56.04 Mn |
| Jun 30, 2025 | 56.04 Mn |
| Mar 31, 2025 | 60.33 Mn |
| Mar 31, 2025 | 60.33 Mn |
| Dec 31, 2024 | 49.65 Mn |
| Dec 31, 2024 | 49.65 Mn |
| Sep 30, 2024 | 54.53 Mn |
| Sep 30, 2024 | 54.53 Mn |
| Jun 30, 2024 | 52.90 Mn |
| Jun 30, 2024 | 52.90 Mn |
| Mar 31, 2024 | 55.35 Mn |
| Mar 31, 2024 | 55.35 Mn |