Quarterly ResultApr 30, 2026, 04:19 PM
LOPE Q1 Revenue $308.8M (+6.7%); Net Income $75.3M (+5.2%); EPS $2.80
AI Summary
Grand Canyon Education, Inc. (LOPE) reported strong first-quarter 2026 results with service revenue increasing 6.7% to $308.8 million and net income rising 5.2% to $75.3 million. Diluted EPS reached $2.80. The company also saw a 7.1% increase in university partner enrollments. GCE provided a positive full-year 2026 outlook, projecting service revenue between $1,169.3 million and $1,189.8 million and diluted EPS between $9.69 and $10.26.
Key Highlights
- Q1 2026 service revenue increased 6.7% to $308.8 million.
- Q1 2026 net income rose 5.2% to $75.3 million.
- Q1 2026 diluted EPS was $2.80.
- Adjusted EBITDA grew 8.5% to $110.7 million in Q1 2026.
- University partner enrollments increased 7.1% to 136,884.
- Unrestricted cash and investments were $251.7 million at March 31, 2026.
- Full-year 2026 service revenue guidance is $1,169.3M to $1,189.8M.
- Full-year 2026 diluted EPS guidance is $9.69 to $10.26.