Grand Canyon Education (LOPE) Gross Margin (2016 - 2026)
Quarterly Gross Margin rose 13.0% to 79.28% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 79.31% through Mar 2026, up 6.0% year-over-year, with the annual reading at 79.28% for FY2025, 16.0% down from the prior year.
Grand Canyon Education filings provide 17 years of Gross Margin readings, the most recent being 79.28% for Q1 2026.
- Gross Margin hit 79.28% in Q1 2026 for Grand Canyon Education, down from 82.57% in the prior quarter.
- Across five years, Gross Margin topped out at 83.47% in Q4 2023 and bottomed at 75.1% in Q2 2022.
- Average Gross Margin over 5 years is 78.79%, with a median of 78.85% recorded in 2023.
- The largest annual shift saw Gross Margin tumbled -234bps in 2022 before it skyrocketed 104bps in 2024.
- Grand Canyon Education's Gross Margin stood at 82.66% in 2022, then grew by 1bps to 83.47% in 2023, then fell by -1bps to 83.03% in 2024, then decreased by -1bps to 82.57% in 2025, then decreased by -4bps to 79.28% in 2026.
- Per Business Quant, the three most recent readings for LOPE's Gross Margin are 79.28% (Q1 2026), 82.57% (Q4 2025), and 77.35% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 72.43% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 68.04% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -6.01% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 79.28% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 36.76% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 78.77% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 46.96% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 83.40% |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 57.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 79.85% |
| Dec 31, 2020 | 83.93% |
| Sep 30, 2020 | 78.71% |
| Jun 30, 2020 | 77.87% |
| Mar 31, 2020 | 80.74% |
| Dec 31, 2019 | 84.12% |
| Sep 30, 2019 | 80.68% |
| Jun 30, 2019 | 79.56% |
| Mar 31, 2019 | 81.77% |
| Dec 31, 2018 | 84.65% |
| Sep 30, 2018 | 79.71% |
| Jun 30, 2018 | 87.29% |
| Mar 31, 2018 | 89.65% |
| Dec 31, 2017 | 90.34% |
| Sep 30, 2017 | 88.09% |
| Jun 30, 2017 | 87.44% |
| Mar 31, 2017 | 89.00% |
| Dec 31, 2016 | 58.27% |
| Sep 30, 2016 | 56.40% |
| Jun 30, 2016 | 55.77% |