Grand Canyon Education ( (LOPE) ) has released its Q3 earnings. Here is a breakdown of the information Grand Canyon Education presented to its investors.
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Grand Canyon Education, Inc. is a publicly traded education services company that provides a comprehensive range of support services to 20 university partners, primarily in the post-secondary education sector, with a focus on technological solutions and operational processes.
In its third quarter 2025 earnings report, Grand Canyon Education, Inc. announced a 9.6% increase in service revenue to $261.1 million, driven by a 7.9% rise in partner enrollments. However, the company faced a significant decrease in operating income due to a $35 million litigation settlement and other expenses.
Key financial metrics revealed a decline in operating income by 62.6% to $18 million, with the operating margin dropping to 6.9% from 20.2% the previous year. Despite these challenges, adjusted operating income showed improvement, reaching $58.2 million, up from $50.3 million in the prior year. The company’s net income fell by 60.8% to $16.3 million, while adjusted EBITDA increased by 14.4% to $75.9 million.
Looking ahead, Grand Canyon Education, Inc. projects service revenue between $1,103.0 million and $1,108.0 million for the full year 2025, with an operating margin of 24.0% to 24.3%. The company remains focused on strategic growth and operational efficiency to enhance its financial performance.