What is Grand Canyon Education's interest expense?

Grand Canyon Education (LOPE) reported interest expense of $2K in Q2 2024.

How has Grand Canyon Education's interest expense changed year-over-year?

Grand Canyon Education's interest expense decreased by 71.4% year-over-year, from $7K to $2K.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Grand Canyon Education LOPE Interest Expense

Discontinued — last reported Q2 '24

Interest Expense at other companies

Laureate Education, Inc.LAUR

$3.14M+32.7%

PRD

Perdoceo EducationPRDO

$1.53M-9.3%

American Public EducationAPEI

-$725K+18.3%

PXE

Phoenix Education Partners, Inc.PXED

$550K+395%

GHC

Graham HoldingsGHC

$16.23M-80.3%

StrideLRN

-$3M-7.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$88.2M+30.4%

CapEx$8.1M-9.2%

Free cash flow$80.1M+36.5%

Valuation

See full

Market cap$3.84B—

Enterprise value$3.84B—

P/E17.4×—

P/S3.4×—

Profitability

See full

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:InterestExpenseNonoperating.

The official record: Grand Canyon Education’s 10-Q, filed August 6, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grand Canyon Education's interest expense?: Grand Canyon Education (LOPE) reported interest expense of $2K in Q2 2024.
How has Grand Canyon Education's interest expense changed year-over-year?: Grand Canyon Education's interest expense decreased by 71.4% year-over-year, from $7K to $2K.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.