Grand Canyon Education (LOPE) Operating Expenses (2010 - 2026)
Grand Canyon Education's (LOPE) quarterly Operating Expenses came in at $205.9 million in Q2 2026, up 5.2% YoY from $195.7 million in Q2 2025, and down 3.47% on a QoQ basis from $213.3 million in Q1 2026.
Grand Canyon Education (LOPE) Operating Expenses (2010 - 2026) Analysis & Trends
Grand Canyon Education (LOPE) has 17 years of Operating Expenses data on file, last reported at $205.9 million in Q2 2026.
- Quarterly Operating Expenses rose 5.2% year-over-year to $205.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $862.4 million (up 10.61% YoY) and the FY2025 annual result came in at $840.2 million, up 10.9% from the prior year.
- Operating Expenses slipped to $205.9 million in Q2 2026, from $213.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $243.1 million in Q3 2025 to a low of $165.9 million in Q2 2022.
- A 5-year average of $189.0 million and a median of $187.4 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 27.88% in 2025, down 3.89% in 2025.
- Tracing LOPE's Operating Expenses over 5 years: 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 2.93% to $205.9 million in 2026.
- The last three Operating Expenses figures came in at $205.9 million (Q2 2026), $213.3 million (Q1 2026), and $200.0 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 1.44 Bn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -24.40 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 205.89 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 111.43 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 395.25 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 243.19 Mn |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | -78.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 205.89 Mn |
| Mar 31, 2026 | 213.30 Mn |
| Dec 31, 2025 | 200.04 Mn |
| Sep 30, 2025 | 243.12 Mn |
| Jun 30, 2025 | 195.71 Mn |
| Mar 31, 2025 | 201.29 Mn |
| Dec 31, 2024 | 192.55 Mn |
| Sep 30, 2024 | 190.12 Mn |
| Jun 30, 2024 | 184.74 Mn |
| Mar 31, 2024 | 190.20 Mn |
| Dec 31, 2023 | 180.49 Mn |
| Sep 30, 2023 | 180.38 Mn |
| Jun 30, 2023 | 175.14 Mn |
| Mar 31, 2023 | 175.65 Mn |
| Dec 31, 2022 | 168.02 Mn |
| Sep 30, 2022 | 173.21 Mn |
| Jun 30, 2022 | 165.91 Mn |
| Mar 31, 2022 | 166.67 Mn |
| Dec 31, 2021 | 148.98 Mn |
| Sep 30, 2021 | 161.45 Mn |