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Grand Canyon Education (LOPE) Operating Expenses (2016 - 2025)

Grand Canyon Education's Operating Expenses history spans 16 years, with the latest figure at $200.0 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 3.89% year-over-year to $200.0 million; the TTM value through Dec 2025 reached $840.2 million, up 10.9%, while the annual FY2025 figure was $840.2 million, 10.9% up from the prior year.
  • Operating Expenses reached $200.0 million in Q4 2025 per LOPE's latest filing, down from $243.1 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 $149.0 million in Q4 2021.
  • Average Operating Expenses over 5 years is $179.9 million, with a median of $178.0 million recorded in 2023.
  • The largest YoY upside for Operating Expenses was 27.88% in 2025 against a maximum downside of 3.89% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $149.0 million in 2021, then increased by 12.78% to $168.0 million in 2022, then grew by 7.42% to $180.5 million in 2023, then increased by 6.68% to $192.5 million in 2024, then rose by 3.89% to $200.0 million in 2025.
  • Per Business Quant, the three most recent readings for LOPE's Operating Expenses are $200.0 million (Q4 2025), $243.1 million (Q3 2025), and $195.7 million (Q2 2025).