Grand Canyon Education Financials

Values in thousands	2026-09-30	2026-06-30	2026-03-31	2025-12-31
Revenue	$267,346	$264,045	$308,760	$308,119
Gross Profit	135,943	130,328	171,873	174,365
EBITDA	64,636	68,941	105,910	122,040
EBIT	53,755	58,151	95,462	111,776
Net Income	43,013	45,852	75,348	86,732
Net Change In Cash	267,346	264,045	308,760	308,119
Free Cash Flow	-36,011	97,884	80,064	122,854
Cash	58,760	171,060	96,145	111,762
Basic Shares	25,771	26,221	26,869	27,608

Values in thousands	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	$1,106,070	$1,033,002	$960,899	$911,306
Gross Profit	588,360	544,433	503,710	487,500
EBITDA	319,753	327,873	291,681	271,298
EBIT	279,851	291,319	259,708	240,121
Net Income	216,170	226,234	204,985	184,675
Net Change In Cash	1,106,070	1,033,002	960,899	911,306
Cost of Revenue				-480,532
Free Cash Flow	238,588	252,710	198,228	185,190
Cash	111,762	324,623	146,475	120,409
Basic Shares	28,024	29,271	30,147	32,237