Grand Canyon Education (LOPE) Operating Expenses (2010 - 2026)

Grand Canyon Education has reported Operating Expenses for 17 years, with the latest figure at $213.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 5.97% year-over-year to $213.3 million; the trailing twelve-month figure through Mar 2026 stood at $852.2 million (up 10.86% YoY), and the FY2025 full-year result was $840.2 million, up 10.9% from the prior year.
• Operating Expenses for Q1 2026 stood at $213.3 million, up from $200.0 million in the prior quarter.
• The five-year high for Operating Expenses was $243.1 million in Q3 2025, with the low at $165.9 million in Q2 2022.
• Historically, Operating Expenses has averaged $188.0 million across 5 years, with a median of $184.7 million in 2024.
• The largest YoY upside for Operating Expenses was 27.88% in 2025 against a maximum downside of 3.89% in 2025.
• Grand Canyon Education's Operating Expenses stood at $168.0 million in 2022, then advanced by 7.42% to $180.5 million in 2023, then climbed by 6.68% to $192.5 million in 2024, then gained by 3.89% to $200.0 million in 2025, then advanced by 6.63% to $213.3 million in 2026.
• The last three Operating Expenses figures came in at $213.3 million (Q1 2026), $200.0 million (Q4 2025), and $243.1 million (Q3 2025), per Business Quant data.