Grand Canyon Education (LOPE) Operating Leases (2019 - 2026)

Grand Canyon Education has reported Operating Leases for 8 years, with the latest figure at $89.1 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 3.3% year-over-year to $89.1 million; the trailing twelve-month figure through Mar 2026 stood at $89.1 million (down 3.3% YoY), and the FY2025 full-year result was $92.8 million, down 3.01% from the prior year.
• Operating Leases for Q1 2026 stood at $89.1 million, down from $92.8 million in the prior quarter.
• The five-year high for Operating Leases was $97.5 million in Q2 2024, with the low at $66.6 million in Q1 2023.
• Historically, Operating Leases has averaged $87.2 million across 5 years, with a median of $90.6 million in 2025.
• Annual changes were most pronounced in 2024 — Operating Leases surged 34.27% — and 2025, when it fell 3.33%.
• Grand Canyon Education's Operating Leases stood at $68.8 million in 2022, then advanced by 28.29% to $88.3 million in 2023, then gained by 8.36% to $95.6 million in 2024, then fell by 3.01% to $92.8 million in 2025, then decreased by 3.91% to $89.1 million in 2026.
• The last three Operating Leases figures came in at $89.1 million (Q1 2026), $92.8 million (Q4 2025), and $96.3 million (Q3 2025), per Business Quant data.