Grand Canyon Education annual operating expenses
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Grand Canyon Education Operating Expenses Growth & History (LOPE)
Grand Canyon Education's operating expenses was $840.2M for fiscal 2025.
View full Grand Canyon Education company overviewGrand Canyon Education annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $840.2M | $82.6M | +10.90% |
| 2024 | 2024-12-31 | $757.6M | $46.0M | +6.46% |
| 2023 | 2023-12-31 | $711.6M | $37.8M | +5.62% |
| 2022 | 2022-12-31 | $673.8M | $59.4M | +9.67% |
| 2021 | 2021-12-31 | $614.4M | $47.7M | +8.42% |
| 2020 | 2020-12-31 | $566.7M | $53.1M | +10.35% |
| 2019 | 2019-12-31 | $513.5M | −$73.8M | −12.57% |
| 2018 | 2018-12-31 | $587.4M | −$104.0M | −15.05% |
| 2017 | 2017-12-31 | $691.4M | $55.2M | +8.68% |
| 2016 | 2016-12-31 | $636.1M | $68.3M | +12.03% |
| 2015 | 2015-12-31 | $567.8M | $57.6M | +11.29% |
| 2014 | 2014-12-31 | $510.2M | $55.2M | +12.13% |
| 2013 | 2013-12-31 | $455.1M | $57.9M | +14.57% |
| 2012 | 2012-12-31 | $397.2M | $52.6M | +15.27% |
| 2011 | 2011-12-31 | $344.6M | $17.1M | +5.23% |
| 2010 | 2010-12-31 | $327.4M | $112.1M | +52.07% |
| 2009 | 2009-12-31 | $215.3M | — | — |
Grand Canyon Education quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $205.9M | $10.2M | +5.20% |
| Q1 2026 | 2026-03-31 | $213.3M | $12.0M | +5.97% |
| Q4 2025 | 2025-12-31 | $200.0M | $7.5M | +3.89% |
| Q3 2025 | 2025-09-30 | $243.1M | $53.0M | +27.88% |
| Q2 2025 | 2025-06-30 | $195.7M | $11.0M | +5.94% |
| Q1 2025 | 2025-03-31 | $201.3M | $11.1M | +5.83% |
| Q4 2024 | 2024-12-31 | $192.5M | $12.1M | +6.68% |
| Q3 2024 | 2024-09-30 | $190.1M | $9.7M | +5.40% |
| Q2 2024 | 2024-06-30 | $184.7M | $9.6M | +5.49% |
| Q1 2024 | 2024-03-31 | $190.2M | $14.5M | +8.28% |
| Q4 2023 | 2023-12-31 | $180.5M | $12.5M | +7.42% |
| Q3 2023 | 2023-09-30 | $180.4M | $7.2M | +4.14% |
| Q2 2023 | 2023-06-30 | $175.1M | $9.2M | +5.56% |
| Q1 2023 | 2023-03-31 | $175.6M | $9.0M | +5.39% |
| Q4 2022 | 2022-12-31 | $168.0M | $19.0M | +12.78% |
| Q3 2022 | 2022-09-30 | $173.2M | $11.8M | +7.28% |
| Q2 2022 | 2022-06-30 | $165.9M | $14.7M | +9.70% |
| Q1 2022 | 2022-03-31 | $166.7M | $14.0M | +9.14% |
| Q4 2021 | 2021-12-31 | $149.0M | $8.0M | +5.66% |
| Q3 2021 | 2021-09-30 | $161.5M | $14.1M | +9.57% |
| Q2 2021 | 2021-06-30 | $151.2M | $13.8M | +10.03% |
| Q1 2021 | 2021-03-31 | $152.7M | $11.8M | +8.41% |
| Q4 2020 | 2020-12-31 | $141.0M | $9.7M | +7.41% |
| Q3 2020 | 2020-09-30 | $147.3M | $13.8M | +10.33% |
| Q2 2020 | 2020-06-30 | $137.5M | $13.6M | +11.01% |
| Q1 2020 | 2020-03-31 | $140.9M | $16.0M | +12.82% |
| Q4 2019 | 2019-12-31 | $131.3M | $33.9M | +34.78% |
| Q3 2019 | 2019-09-30 | $133.6M | $7.5M | +5.97% |
| Q2 2019 | 2019-06-30 | $123.8M | −$54.5M | −30.56% |
| Q1 2019 | 2019-03-31 | $124.9M | −$60.7M | −32.72% |
| Q4 2018 | 2018-12-31 | $97.4M | −$82.7M | −45.91% |
| Q3 2018 | 2018-09-30 | $126.0M | −$50.5M | −28.60% |
| Q2 2018 | 2018-06-30 | $178.3M | $15.1M | +9.26% |
| Q1 2018 | 2018-03-31 | $185.6M | $14.0M | +8.17% |
| Q4 2017 | 2017-12-31 | $180.1M | $12.1M | +7.21% |
| Q3 2017 | 2017-09-30 | $176.5M | $13.1M | +8.04% |
| Q2 2017 | 2017-06-30 | $163.2M | $16.7M | +11.38% |
| Q1 2017 | 2017-03-31 | $171.6M | $13.3M | +8.41% |
| Q4 2016 | 2016-12-31 | $168.0M | $15.1M | +9.91% |
| Q3 2016 | 2016-09-30 | $163.4M | $19.0M | +13.14% |
| Q2 2016 | 2016-06-30 | $146.5M | $14.1M | +10.61% |
| Q1 2016 | 2016-03-31 | $158.3M | $20.1M | +14.57% |
| Q4 2015 | 2015-12-31 | $152.8M | $16.4M | +12.01% |
| Q3 2015 | 2015-09-30 | $144.4M | $15.3M | +11.86% |
| Q2 2015 | 2015-06-30 | $132.5M | $11.8M | +9.75% |
| Q1 2015 | 2015-03-31 | $138.1M | $14.1M | +11.41% |
| Q4 2014 | 2014-12-31 | $136.4M | $14.9M | +12.23% |
| Q3 2014 | 2014-09-30 | $129.1M | $14.0M | +12.15% |
| Q2 2014 | 2014-06-30 | $120.7M | $10.7M | +9.76% |
| Q1 2014 | 2014-03-31 | $124.0M | $15.6M | +14.38% |
| Q4 2013 | 2013-12-31 | $121.6M | $13.5M | +12.51% |
| Q3 2013 | 2013-09-30 | $115.1M | $12.7M | +12.45% |
| Q2 2013 | 2013-06-30 | $110.0M | $16.1M | +17.17% |
| Q1 2013 | 2013-03-31 | $108.4M | $15.5M | +16.66% |
| Q4 2012 | 2012-12-31 | $108.1M | $18.4M | +20.47% |
| Q3 2012 | 2012-09-30 | $102.4M | $14.1M | +16.00% |
| Q2 2012 | 2012-06-30 | $93.9M | $12.8M | +15.73% |
| Q1 2012 | 2012-03-31 | $92.9M | $7.4M | +8.64% |
| Q4 2011 | 2011-12-31 | $89.7M | −$1.3M | −1.40% |
| Q3 2011 | 2011-09-30 | $88.2M | $7.8M | +9.69% |
| Q2 2011 | 2011-06-30 | $81.1M | −$5.2M | −6.02% |
| Q1 2011 | 2011-03-31 | $85.5M | $15.8M | +22.67% |
| Q4 2010 | 2010-12-31 | $91.0M | — | — |
| Q3 2010 | 2010-09-30 | $80.5M | — | — |
| Q2 2010 | 2010-06-30 | $86.3M | — | — |
| Q1 2010 | 2010-03-31 | $69.7M | — | — |
Grand Canyon Education operating expenses trends
Over the last five fiscal years, Grand Canyon Education's operating expenses increased from $566.7M to $840.2M, a change of $273.5M. The latest reported quarter, Q2 2026, shows $205.9M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Grand Canyon Education source filings ↗