Grand Canyon Education (LOPE) Gross Margin (2010 - 2026)

Grand Canyon Education (LOPE) reported Gross Margin of 79.28% for Q1 2026, up 13.0% on a YoY basis from 70.16% in Q1 2025, and down 3.99% quarter-over-quarter from 82.57% in Q4 2025.

Grand Canyon Education (LOPE) Gross Margin (2010 - 2026) Analysis & Trends

Grand Canyon Education has reported Gross Margin for 17 years, with the latest figure at 79.28% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 13.0% year-over-year to 79.28%; the trailing twelve-month figure through Mar 2026 stood at 79.31% (up 6.0% YoY), and the FY2025 full-year result was 79.28%, down 16.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 79.28%, down from 82.57% in the prior quarter.
  • The five-year high for Gross Margin was 83.47% in Q4 2023, with the low at 75.1% in Q2 2022.
  • Historically, Gross Margin has averaged 78.79% across 5 years, with a median of 78.85% in 2023.
  • Annual changes were most pronounced in 2022 — Gross Margin sank 234 bps — and 2024, when it soared 104 bps.
  • Grand Canyon Education's Gross Margin stood at 82.66% in 2022, then climbed by 1 bps to 83.47% in 2023, then decreased by 1 bps to 83.03% in 2024, then dropped by 1 bps to 82.57% in 2025, then dropped by 4 bps to 79.28% in 2026.
  • The last three Gross Margin figures came in at 79.28% (Q1 2026), 82.57% (Q4 2025), and 77.35% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn 72.43%
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn -6.01%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 68.04%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 56.73%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 36.76%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 79.28%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 83.86%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 46.96%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 78.77%
10 Strategic Education 1.69 Bn 1.53 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 79.28%
Dec 31, 2025 82.57%
Sep 30, 2025 77.35%
Jun 30, 2025 77.36%
Mar 31, 2025 79.15%
Dec 31, 2024 83.03%
Sep 30, 2024 77.12%
Jun 30, 2024 76.75%
Mar 31, 2024 79.85%
Dec 31, 2023 83.47%
Sep 30, 2023 76.07%
Jun 30, 2023 75.87%
Mar 31, 2023 78.85%
Dec 31, 2022 82.66%
Sep 30, 2022 75.73%
Jun 30, 2022 75.10%
Mar 31, 2022 79.17%
Dec 31, 2021 83.07%
Sep 30, 2021 77.20%
Jun 30, 2021 77.45%