What is Grand Canyon Education's change in AP?

Grand Canyon Education (LOPE) reported change in AP of $4.02M in Q1 2026.

How has Grand Canyon Education's change in AP changed year-over-year?

Grand Canyon Education's change in AP increased by 298.8% year-over-year, from -$2.02M to $4.02M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Grand Canyon Education LOPE Change in AP

Change in AP at other companies

Laureate Education, Inc.LAUR

-$37.72M-104%

GHC

Graham HoldingsGHC

-$74.39M-2.2%

StrideLRN

$15.72M+45.6%

Universal Technical InstituteUTI

-$12.11M-223%

National HealthcareNHC

-$1.4M+63.7%

BrightSpring Health Services, Inc.BTSG

-$86.99M-61.5%

Other financials

Income statement

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Revenue$308.8M+6.7%

Operating income$95.5M+8.5%

Net income$75.3M+5.2%

EPS (diluted)$2.80+11.1%

Balance sheet

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Cash & equivalents$96.1M-33.5%

Total debt$104.2M-1.1%

Total equity$696.2M-10.8%

Total assets$967.9M-6.2%

Cash flow

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Operating cash flow$88.2M+30.4%

CapEx$8.1M-9.2%

Free cash flow$80.1M+36.5%

Valuation

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Market cap$3.8B—

Profitability

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Operating margin24.3%-2.3pp

Net margin19.5%-2.4pp

FCF margin25.2%—

Returns & leverage

See full

Return on equity29.8%-0.1pp

Debt / equity0.1×0.0×

Current ratio2.7×-0.7×

Where this comes from

Reported directly by Grand Canyon Education in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayableTrade.

The official record: Grand Canyon Education’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grand Canyon Education's change in AP?: Grand Canyon Education (LOPE) reported change in AP of $4.02M in Q1 2026.
How has Grand Canyon Education's change in AP changed year-over-year?: Grand Canyon Education's change in AP increased by 298.8% year-over-year, from -$2.02M to $4.02M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.