Grand Canyon Education annual operating margin
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Grand Canyon Education Operating Margin Growth & History (LOPE)
Grand Canyon Education's operating margin was 24.04% for fiscal 2025.
View full Grand Canyon Education company overviewGrand Canyon Education annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 24.04% | −2.62 pp |
| 2024 | 2024-12-31 | 26.66% | +0.72 pp |
| 2023 | 2023-12-31 | 25.94% | −0.12 pp |
| 2022 | 2022-12-31 | 26.06% | −5.41 pp |
| 2021 | 2021-12-31 | 31.47% | −1.39 pp |
| 2020 | 2020-12-31 | 32.87% | −1.18 pp |
| 2019 | 2019-12-31 | 34.05% | +3.52 pp |
| 2018 | 2018-12-31 | 30.53% | +1.51 pp |
| 2017 | 2017-12-31 | 29.03% | +1.87 pp |
| 2016 | 2016-12-31 | 27.16% | +0.13 pp |
| 2015 | 2015-12-31 | 27.03% | +0.87 pp |
| 2014 | 2014-12-31 | 26.17% | +2.22 pp |
| 2013 | 2013-12-31 | 23.95% | +1.64 pp |
| 2012 | 2012-12-31 | 22.31% | +3.06 pp |
| 2011 | 2011-12-31 | 19.25% | +4.17 pp |
| 2010 | 2010-12-31 | 15.09% | −2.70 pp |
| 2009 | 2009-12-31 | 17.78% | — |
Grand Canyon Education quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 22.02% | +1.10 pp |
| Q1 2026 | 2026-03-31 | 30.92% | +0.49 pp |
| Q4 2025 | 2025-12-31 | 35.08% | +0.89 pp |
| Q3 2025 | 2025-09-30 | 6.90% | −13.32 pp |
| Q2 2025 | 2025-06-30 | 20.92% | +2.14 pp |
| Q1 2025 | 2025-03-31 | 30.43% | −0.33 pp |
| Q4 2024 | 2024-12-31 | 34.19% | −0.95 pp |
| Q3 2024 | 2024-09-30 | 20.22% | +1.50 pp |
| Q2 2024 | 2024-06-30 | 18.78% | +1.95 pp |
| Q1 2024 | 2024-03-31 | 30.76% | +0.98 pp |
| Q4 2023 | 2023-12-31 | 35.14% | +0.09 pp |
| Q3 2023 | 2023-09-30 | 18.72% | +1.70 pp |
| Q2 2023 | 2023-06-30 | 16.83% | −0.11 pp |
| Q1 2023 | 2023-03-31 | 29.78% | −1.95 pp |
| Q4 2022 | 2022-12-31 | 35.05% | −5.68 pp |
| Q3 2022 | 2022-09-30 | 17.01% | −4.90 pp |
| Q2 2022 | 2022-06-30 | 16.94% | −8.00 pp |
| Q1 2022 | 2022-03-31 | 31.73% | −3.82 pp |
| Q4 2021 | 2021-12-31 | 40.74% | −0.09 pp |
| Q3 2021 | 2021-09-30 | 21.92% | −3.81 pp |
| Q2 2021 | 2021-06-30 | 24.94% | −1.07 pp |
| Q1 2021 | 2021-03-31 | 35.55% | −0.90 pp |
| Q4 2020 | 2020-12-31 | 40.83% | +2.39 pp |
| Q3 2020 | 2020-09-30 | 25.73% | −5.18 pp |
| Q2 2020 | 2020-06-30 | 26.01% | −3.16 pp |
| Q1 2020 | 2020-03-31 | 36.45% | −0.26 pp |
| Q4 2019 | 2019-12-31 | 38.44% | +19.51 pp |
| Q3 2019 | 2019-09-30 | 30.90% | +6.21 pp |
| Q2 2019 | 2019-06-30 | 29.17% | +11.59 pp |
| Q1 2019 | 2019-03-31 | 36.71% | +3.06 pp |
| Q3 2018 | 2018-09-30 | 18.93% | −6.35 pp |
| Q2 2018 | 2018-06-30 | 24.70% | −0.54 pp |
| Q1 2018 | 2018-03-31 | 17.58% | −13.29 pp |
| Q4 2017 | 2017-12-31 | 33.66% | +2.31 pp |
| Q3 2017 | 2017-09-30 | 25.27% | +2.91 pp |
| Q2 2017 | 2017-06-30 | 25.23% | +1.84 pp |
| Q1 2017 | 2017-03-31 | 30.87% | +0.61 pp |
| Q4 2016 | 2016-12-31 | 31.35% | +2.11 pp |
| Q3 2016 | 2016-09-30 | 22.37% | −2.96 pp |
| Q2 2016 | 2016-06-30 | 23.39% | −0.79 pp |
| Q1 2016 | 2016-03-31 | 30.27% | +1.43 pp |
| Q4 2015 | 2015-12-31 | 29.24% | +1.05 pp |
| Q3 2015 | 2015-09-30 | 25.33% | −0.92 pp |
| Q2 2015 | 2015-06-30 | 24.18% | +0.29 pp |
| Q1 2015 | 2015-03-31 | 28.84% | +2.90 pp |
| Q4 2014 | 2014-12-31 | 28.18% | +3.02 pp |
| Q3 2014 | 2014-09-30 | 26.25% | +1.79 pp |
| Q2 2014 | 2014-06-30 | 23.89% | +1.63 pp |
| Q1 2014 | 2014-03-31 | 25.94% | +2.27 pp |
| Q4 2013 | 2013-12-31 | 25.16% | +1.63 pp |
| Q3 2013 | 2013-09-30 | 24.47% | +1.10 pp |
| Q2 2013 | 2013-06-30 | 22.26% | +0.96 pp |
| Q1 2013 | 2013-03-31 | 23.67% | +3.01 pp |
| Q4 2012 | 2012-12-31 | 23.53% | +2.90 pp |
| Q3 2012 | 2012-09-30 | 23.36% | +4.39 pp |
| Q2 2012 | 2012-06-30 | 21.30% | −0.05 pp |
| Q1 2012 | 2012-03-31 | 20.66% | +4.77 pp |
| Q4 2011 | 2011-12-31 | 20.63% | +11.57 pp |
| Q3 2011 | 2011-09-30 | 18.97% | +0.28 pp |
| Q2 2011 | 2011-06-30 | 21.35% | +10.03 pp |
| Q1 2011 | 2011-03-31 | 15.90% | −6.04 pp |
| Q4 2010 | 2010-12-31 | 9.06% | — |
| Q3 2010 | 2010-09-30 | 18.69% | — |
| Q2 2010 | 2010-06-30 | 11.33% | — |
| Q1 2010 | 2010-03-31 | 21.94% | — |
Grand Canyon Education operating margin trends
Over the last five reported fiscal years, Grand Canyon Education's operating margin decreased from 32.87% to 24.04%, a change of −8.83 percentage points. The latest reported quarter, Q2 2026, shows 22.02%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Grand Canyon Education filings at SEC.gov ↗