Grand Canyon Education, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Grand Canyon Education, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2013 | Dec 31, 2013 | $162.44M | Feb 20, 2014 |
| FY2013 | Sep 30, 2013 | $152.40M | Feb 20, 2014 |
| FY2013 | Jun 30, 2013 | $141.46M | Feb 20, 2014 |
| FY2013 | Mar 31, 2013 | $142.03M | Feb 20, 2014 |
| FY2012 | Dec 31, 2012 | $141.30M | Feb 19, 2013 |
| FY2012 | Sep 30, 2012 | $133.57M | Feb 19, 2013 |
| FY2012 | Jun 30, 2012 | $119.26M | Feb 19, 2013 |
| FY2012 | Mar 31, 2012 | $117.13M | Feb 19, 2013 |
| FY2011 | Dec 31, 2011 | $113.01M | Feb 21, 2012 |
| FY2011 | Sep 30, 2011 | $108.91M | Feb 21, 2012 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.11B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $1.03B | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $960.90M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $911.31M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $896.56M | Feb 13, 2024 |
| FY2022 | Dec 31, 2020 | $844.10M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $213.25M | Feb 16, 2022 |
| FY2019 | Sep 30, 2019 | $193.29M | Feb 20, 2020 |
| FY2019 | Jun 30, 2019 | $174.82M | Feb 20, 2020 |
| FY2019 | Mar 31, 2019 | $197.29M | Feb 20, 2020 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $271.42M | Feb 21, 2018 |
| FY2017 | Sep 30, 2017 | $236.21M | Feb 21, 2018 |
| FY2017 | Jun 30, 2017 | $218.30M | Feb 21, 2018 |
| FY2017 | Mar 31, 2017 | $248.21M | Feb 21, 2018 |
| FY2017 | Dec 31, 2016 | $244.66M | Feb 21, 2018 |
| FY2017 | Sep 30, 2016 | $210.44M | Feb 21, 2018 |
| FY2017 | Jun 30, 2016 | $191.28M | Feb 21, 2018 |
| FY2017 | Mar 31, 2016 | $226.96M | Feb 21, 2018 |
| FY2016 | Dec 31, 2015 | $215.95M | Feb 16, 2017 |
| FY2016 | Sep 30, 2015 | $193.39M | Feb 16, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $216.17M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $226.23M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $204.99M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $184.68M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $260.34M | Feb 13, 2024 |
| FY2020 | Dec 31, 2020 | $86.76M | Feb 17, 2021 |
| FY2020 | Sep 30, 2020 | $52.05M | Feb 17, 2021 |
| FY2020 | Jun 30, 2020 | $47.01M | Feb 17, 2021 |
| FY2020 | Mar 31, 2020 | $71.39M | Feb 17, 2021 |
| FY2021 | Dec 31, 2019 | $76.67M | Feb 16, 2022 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $265.91M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $275.40M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $249.26M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $237.50M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $282.19M | Feb 13, 2024 |
| FY2020 | Dec 31, 2020 | $97.29M | Feb 17, 2021 |
| FY2020 | Sep 30, 2020 | $51.04M | Feb 17, 2021 |
| FY2020 | Jun 30, 2020 | $48.31M | Feb 17, 2021 |
| FY2020 | Mar 31, 2020 | $80.80M | Feb 17, 2021 |
| FY2020 | Dec 31, 2019 | $81.97M | Feb 17, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $273.49M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $289.96M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $243.66M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $220.82M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $313.12M | Feb 13, 2024 |
| FY2022 | Dec 31, 2020 | $308.82M | Feb 16, 2023 |
| FY2021 | Dec 31, 2019 | $306.34M | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $199.09M | Feb 17, 2021 |
| FY2019 | Dec 31, 2017 | $304.90M | Feb 20, 2020 |
| FY2018 | Dec 31, 2016 | $237.76M | Feb 20, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2011 | Apr 30, 2009 | $35.51M | Feb 21, 2012 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $992.31M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $1.02B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $930.46M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $832.75M | Feb 13, 2024 |
| FY2022 | Dec 31, 2021 | $1.22B | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $1.84B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $1.69B | Feb 17, 2021 |
| FY2019 | Dec 31, 2018 | $1.32B | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $1.30B | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $1.09B | Feb 21, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $245.37M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $234.57M | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $212.45M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $195.13M | Feb 13, 2024 |
| FY2022 | Dec 31, 2021 | $177.70M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $270.25M | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $246.86M | Feb 17, 2021 |
| FY2019 | Dec 31, 2018 | $110.42M | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $317.62M | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $318.81M | Feb 21, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $746.93M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $783.85M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $718.01M | Feb 18, 2026 |
| FY2025 | Dec 31, 2022 | $637.62M | Feb 18, 2026 |
| FY2024 | Dec 31, 2021 | $1.05B | Feb 19, 2025 |
| FY2023 | Dec 31, 2020 | $1.57B | Feb 13, 2024 |
| FY2022 | Dec 31, 2019 | $1.44B | Feb 16, 2023 |
| FY2021 | Dec 31, 2018 | $1.21B | Feb 16, 2022 |
| FY2020 | Dec 31, 2017 | $985.95M | Feb 17, 2021 |
| FY2019 | Dec 31, 2016 | $773.69M | Feb 20, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $160.77M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $160.77M | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $160.77M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $160.77M | Feb 13, 2024 |
| FY2022 | Dec 31, 2021 | $160.77M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $160.77M | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $160.77M | Feb 17, 2021 |
| FY2019 | Dec 31, 2018 | $2.94M | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $2.94M | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $2.94M | Feb 21, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.69B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $2.47B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $2.24B | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $2.04B | Feb 13, 2024 |
| FY2022 | Dec 31, 2021 | $1.86B | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $1.59B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $1.34B | Feb 17, 2021 |
| FY2019 | Dec 31, 2018 | $1.08B | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $854.18M | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $650.92M | Feb 21, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $111.76M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $324.62M | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $146.48M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $120.41M | Feb 13, 2024 |
| FY2022 | Dec 31, 2021 | $600.94M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | $245.77M | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $122.27M | Feb 17, 2021 |
| FY2019 | Dec 31, 2018 | $120.35M | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $153.47M | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $45.98M | Feb 21, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $107.77M | Feb 17, 2021 |
| FY2019 | Dec 31, 2019 | $140.92M | Feb 20, 2020 |
| FY2013 | Dec 31, 2013 | $93.10M | Feb 20, 2014 |
| FY2012 | Dec 31, 2012 | $99.70M | Feb 19, 2013 |
| FY2011 | Dec 31, 2011 | $21.64M | Feb 21, 2012 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7 | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | 5 | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 13, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 17, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7 | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | 5 | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 13, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 17, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 17, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 27.39M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | 28.86M | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | 29.95M | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | 31.06M | Feb 13, 2024 |
| FY2022 | Dec 31, 2021 | 37.72M | Feb 16, 2023 |
| FY2021 | Dec 31, 2020 | 46.65M | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | 48.11M | Feb 17, 2021 |
| FY2019 | Dec 31, 2018 | 48.20M | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | 48.13M | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | 47.56M | Feb 21, 2018 |