GRAND CANYON EDUCATION, INC. REPORTS SECOND QUARTER 2026 RESULTS
Grand Canyon Education reported Q2 2026 service revenue of $264.0 million, up 6.7% year-over-year, driven by a 7.6% increase in total university partner enrollments to 126,231. Operating income grew 12.3% to $58.2 million, expanding the operating margin to 22.0% from 20.9% in the prior year, while adjusted EBITDA increased 8.9% to $73.4 million. The company issued full-year 2026 guidance projecting service revenue of $1.17 billion and diluted EPS between $9.93 and $10.07.
Key figures
- Eps
- 1.75
- Revenue
- 264045000
- Guidance
- FY2026 revenue $1,165.3M-$1,172.3M; EPS $9.93-$10.07
- Revenue Yoy
- 6.7%
- Enrollments
- 126231
- Adjusted eps
- 1.81
- Adjusted ebitda
- 73395000
- Operating income
- 58151000
- Operating margin
- 22.0%
- Share repurchases 6m
- 203186000
AI analysis
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