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| 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% |