Grand Canyon Education annual free cash flow
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Grand Canyon Education Free Cash Flow (FCF) History (LOPE)
Grand Canyon Education reported $238.6M in free cash flow for fiscal 2025, a decrease of 5.56% from the previous fiscal year, with a free cash flow margin of 21.58%.
View full Grand Canyon Education company overviewGrand Canyon Education free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $238.6M | −$14.1M | −5.56% | +21.58% |
| 2024 | 2024-12-31 | $252.7M | $53.6M | +26.91% | +24.46% |
| 2023 | 2023-12-31 | $199.1M | $13.5M | +7.29% | +20.72% |
| 2022 | 2022-12-31 | $185.6M | −$98.7M | −34.71% | +20.36% |
| 2021 | 2021-12-31 | $284.2M | $4.8M | +1.73% | +31.70% |
| 2020 | 2020-12-31 | $279.4M | −$4.5M | −1.60% | +33.10% |
| 2019 | 2019-12-31 | $284.0M | $179.4M | +171.57% | +36.47% |
| 2018 | 2018-12-31 | $104.6M | −$86.8M | −45.35% | +12.37% |
| 2017 | 2017-12-31 | $191.3M | $131.8M | +221.70% | +19.64% |
| 2016 | 2016-12-31 | $59.5M | $79.1M | — | +6.81% |
| 2015 | 2015-12-31 | −$19.6M | −$18.0M | — | −2.52% |
| 2014 | 2014-12-31 | −$1.6M | −$41.2M | — | −0.24% |
| 2013 | 2013-12-31 | $39.5M | −$7.0M | −15.13% | +6.60% |
| 2012 | 2012-12-31 | $46.5M | $39.1M | +527.52% | +9.10% |
| 2011 | 2011-12-31 | $7.4M | $29.6M | — | +1.74% |
| 2010 | 2010-12-31 | −$22.2M | −$23.1M | — | −5.76% |
| 2009 | 2009-12-31 | $902,000 | — | — | +0.34% |
Grand Canyon Education quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $97.9M | −$17.5M | −15.15% | +37.08% |
| Q1 2026 | 2026-03-31 | $80.1M | $21.4M | +36.46% | +25.94% |
| Q4 2025 | 2025-12-31 | $122.9M | −$3.2M | −2.54% | +39.88% |
| Q3 2025 | 2025-09-30 | −$58.3M | −$19.3M | — | −22.32% |
| Q2 2025 | 2025-06-30 | $115.4M | $25.8M | +28.78% | +46.62% |
| Q1 2025 | 2025-03-31 | $58.7M | −$17.3M | −22.77% | +20.28% |
| Q4 2024 | 2024-12-31 | $126.1M | $20.0M | +18.90% | +43.09% |
| Q3 2024 | 2024-09-30 | −$39.0M | $7.5M | — | −16.35% |
| Q2 2024 | 2024-06-30 | $89.6M | $4.5M | +5.28% | +39.39% |
| Q1 2024 | 2024-03-31 | $76.0M | $21.6M | +39.65% | +27.66% |
| Q4 2023 | 2023-12-31 | $106.0M | $4.6M | +4.55% | +38.10% |
| Q3 2023 | 2023-09-30 | −$46.4M | $346,000 | — | −20.93% |
| Q2 2023 | 2023-06-30 | $85.1M | $17.6M | +26.14% | +40.42% |
| Q1 2023 | 2023-03-31 | $54.4M | −$9.1M | −14.28% | +21.75% |
| Q4 2022 | 2022-12-31 | $101.4M | $4.7M | +4.88% | +39.20% |
| Q3 2022 | 2022-09-30 | −$46.8M | −$39.8M | — | −22.41% |
| Q2 2022 | 2022-06-30 | $67.5M | −$46.2M | −40.63% | +33.78% |
| Q1 2022 | 2022-03-31 | $63.5M | −$17.4M | −21.55% | +26.00% |
| Q4 2021 | 2021-12-31 | $96.7M | −$24.8M | −20.40% | +38.47% |
| Q3 2021 | 2021-09-30 | −$7.0M | $43.9M | — | −3.40% |
| Q2 2021 | 2021-06-30 | $113.7M | −$15.5M | −12.02% | +56.41% |
| Q1 2021 | 2021-03-31 | $80.9M | $1.3M | +1.61% | +34.15% |
| Q4 2020 | 2020-12-31 | $121.5M | $17.5M | +16.81% | +50.98% |
| Q3 2020 | 2020-09-30 | −$50.9M | −$51.2M | — | −25.66% |
| Q2 2020 | 2020-06-30 | $129.2M | $21.3M | +19.70% | +69.54% |
| Q1 2020 | 2020-03-31 | $79.6M | $7.9M | +10.99% | +35.93% |
| Q4 2019 | 2019-12-31 | $104.0M | $5.5M | +5.58% | +48.77% |
| Q3 2019 | 2019-09-30 | $277,000 | $58.7M | — | +0.14% |
| Q2 2019 | 2019-06-30 | $107.9M | $127.1M | — | +61.74% |
| Q1 2019 | 2019-03-31 | $71.8M | −$11.9M | −14.24% | +36.37% |
| Q4 2018 | 2018-12-31 | $98.5M | $101.5M | — | — |
| Q3 2018 | 2018-09-30 | −$58.4M | −$169.6M | — | −37.59% |
| Q2 2018 | 2018-06-30 | −$19.2M | −$14.4M | — | −8.09% |
| Q1 2018 | 2018-03-31 | $83.7M | −$4.3M | −4.85% | +16.32% |
| Q4 2017 | 2017-12-31 | −$3.0M | −$6.8M | — | −1.11% |
| Q3 2017 | 2017-09-30 | $111.2M | $52.3M | +88.93% | +47.06% |
| Q2 2017 | 2017-06-30 | −$4.8M | $35.5M | — | −2.18% |
| Q1 2017 | 2017-03-31 | $87.9M | $50.8M | +136.81% | +35.43% |
| Q4 2016 | 2016-12-31 | $3.8M | $32.2M | — | +1.55% |
| Q3 2016 | 2016-09-30 | $58.8M | $25.4M | +75.80% | +27.96% |
| Q2 2016 | 2016-06-30 | −$40.3M | $8.4M | — | −21.06% |
| Q1 2016 | 2016-03-31 | $37.1M | $13.2M | +54.85% | +16.36% |
| Q4 2015 | 2015-12-31 | −$28.4M | −$11.3M | — | −13.16% |
| Q3 2015 | 2015-09-30 | $33.5M | $25.4M | +313.26% | +17.30% |
| Q2 2015 | 2015-06-30 | −$48.7M | −$29.6M | — | −27.85% |
| Q1 2015 | 2015-03-31 | $24.0M | −$2.5M | −9.37% | +12.35% |
| Q4 2014 | 2014-12-31 | −$17.2M | −$14.1M | — | −9.04% |
| Q3 2014 | 2014-09-30 | $8.1M | −$28.5M | −77.87% | +4.63% |
| Q2 2014 | 2014-06-30 | −$19.0M | −$8.0M | — | −12.00% |
| Q1 2014 | 2014-03-31 | $26.5M | $9.4M | +55.55% | +15.80% |
| Q4 2013 | 2013-12-31 | −$3.1M | $1.5M | — | −1.92% |
| Q3 2013 | 2013-09-30 | $36.6M | $14.6M | +66.36% | +24.01% |
| Q2 2013 | 2013-06-30 | −$11.0M | −$11.8M | — | −7.76% |
| Q1 2013 | 2013-03-31 | $17.0M | −$11.3M | −39.90% | +11.98% |
| Q4 2012 | 2012-12-31 | −$4.6M | −$8.2M | — | −3.24% |
| Q3 2012 | 2012-09-30 | $22.0M | $17.6M | +395.47% | +16.47% |
| Q2 2012 | 2012-06-30 | $818,000 | $10.2M | — | +0.69% |
| Q1 2012 | 2012-03-31 | $28.3M | $19.6M | +223.65% | +24.16% |
| Q4 2011 | 2011-12-31 | $3.6M | $66.8M | — | +3.22% |
| Q3 2011 | 2011-09-30 | $4.4M | −$28.7M | −86.62% | +4.08% |
| Q2 2011 | 2011-06-30 | −$9.4M | $20.3M | — | −9.12% |
| Q1 2011 | 2011-03-31 | $8.7M | −$28.7M | −76.67% | +8.60% |
| Q4 2010 | 2010-12-31 | −$63.2M | — | — | −63.15% |
| Q3 2010 | 2010-09-30 | $33.2M | — | — | +33.52% |
| Q2 2010 | 2010-06-30 | −$29.7M | — | — | −30.53% |
| Q1 2010 | 2010-03-31 | $37.5M | — | — | +41.97% |
Grand Canyon Education free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $279.4M to $238.6M, a compound annual decline of 3.10%. Grand Canyon Education's latest reported quarter, Q2 2026, generated $97.9M in free cash flow, a decrease of 15.15% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Grand Canyon Education filings at SEC.gov ↗