Grand Canyon Education Q2 diluted EPS rises to $1.75 from $1.48
Grand Canyon Education reported second quarter 2026 service revenue of $264.0 million, up 6.7%, with operating income up 12.3% to $58.2 million and diluted EPS of $1.75 versus $1.48 a year earlier. The company also issued third quarter 2026 diluted EPS guidance of $1.68 to $1.72 and full-year 2026 guidance of $9.93 to $10.07, while unrestricted cash and investments fell to $274.5 million from $300.1 million at year-end 2025, largely due to share repurchases.
Key points
- Service revenue of $264.0 million, up 6.7% from $247.5 million; university partner enrollments rose 7.6% to 126,231 at June 30, 2026
- Diluted EPS of $1.75 versus $1.48; operating margin of 22.0% versus 20.9%
- Q3 2026 guidance: service revenue of $268.5 million to $270.5 million and diluted EPS of $1.68 to $1.72; full-year 2026 diluted EPS of $9.93 to $10.07
- Unrestricted cash and investments of $274.5 million at June 30, 2026, down from $300.1 million at December 31, 2025
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 July 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.