Grand Canyon Education Guides Q1 Revenue to $333.8M, 7.9% Above Estimates
Grand Canyon Education delivered Q4 CY2025 revenue of $308.1 million, up 5.3% year-over-year, and GAAP EPS of $3.14, both in line with analysts’ estimates. Management issued Q1 CY2026 revenue guidance at $333.8 million (7.9% above consensus) and full-year EPS guidance of $9.86, 2% ahead of forecasts.
1. Q4 CY2025 Financial Results
Grand Canyon Education reported Q4 CY2025 revenue of $308.1 million, marking a 5.3% increase year-over-year, in line with consensus. GAAP EPS reached $3.14, matching estimates, while adjusted EBITDA was $123.3 million, representing a 40% margin.
2. Strong Q1 CY2026 Guidance
Management provided Q1 CY2026 revenue guidance of $333.8 million at the midpoint, 7.9% above analyst estimates of $309.3 million. Full-year FY2026 EPS guidance was set at $9.86, exceeding consensus by 2%.
3. Margins and Cash Flow Trends
Operating margin for Q4 held steady at 35.1%, unchanged from the prior year’s quarter, indicating stable cost control. Free cash flow margin fell to 39.9% from 43.1% a year ago, suggesting some pressure on cash conversion.
4. Student Enrollment Growth
Enrollment at Grand Canyon University reached 131,826 students, up 8,677 year-over-year, reflecting consistent monetization of student growth. This 7.9% increase aligns with recent revenue trends and supports top-line stability.