Grand Canyon Education Q1 revenue rises 6.7% to $308.8 million; diluted EPS $2.80
Grand Canyon Education reported first quarter 2026 results, with service revenue up 6.7% to $308.8 million and diluted earnings per share of $2.80, compared with $2.52 a year earlier. The company also issued second quarter, third quarter, fourth quarter and full-year 2026 outlook figures, including full-year service revenue of $1,169.3 million to $1,189.8 million and diluted EPS of $9.69 to $10.26.
Key points
- Q1 2026 service revenue was $308.8 million, up $19.5 million from $289.3 million; operating income rose 8.5% to $95.5 million.
- Net income was $75.3 million, up 5.2% from $71.6 million; diluted EPS was $2.80 versus $2.52.
- Q2 2026 guidance calls for service revenue of $260.0 million to $264.0 million and diluted EPS of $1.57 to $1.68.
- Cash and investments fell to $251.7 million at March 31, 2026 from $300.1 million, mainly due to share repurchases and capital expenditures.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.