Grand Canyon Education (LOPE) Gross Margin (2010 - 2026)
Grand Canyon Education's (LOPE) quarterly Gross Margin came in at 77.29% in Q2 2026, down 7.0% YoY from 83.11% in Q2 2025, and down 2.5% on a QoQ basis from 79.28% in Q1 2026.
Grand Canyon Education (LOPE) Gross Margin (2010 - 2026) Analysis & Trends
Grand Canyon Education (LOPE) has 17 years of Gross Margin data on file, last reported at 77.29% in Q2 2026.
- Quarterly Gross Margin fell 7.0% year-over-year to 77.29% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 79.27% (down 8.0% YoY) and the FY2025 annual result came in at 79.28%, down 16.0% from the prior year.
- Gross Margin fell to 77.29% in Q2 2026, from 79.28% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 83.47% in Q4 2023 to a low of 75.1% in Q2 2022.
- A 5-year average of 78.7% and a median of 78.11% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin sank 234 bps — and 2024, when it soared 104 bps.
- Tracing LOPE's Gross Margin over 5 years: 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 decreased by 6 bps to 77.29% in 2026.
- The last three Gross Margin figures came in at 77.29% (Q2 2026), 79.28% (Q1 2026), and 82.57% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 53.10% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 73.66% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 38.59% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 59.66% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 56.77% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 77.29% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 34.16% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 83.86% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 52.92% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 44.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 77.29% |
| 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% |