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Grand Canyon Education LOPE Excise Tax Treasury Stock Repurchases

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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$3.88B-12.3%
Enterprise value$3.88B
P/E17.6×
P/S3.4×

Profitability

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Operating margin24.3%-2.3pp
Net margin19.5%-2.4pp
FCF margin25.2%

Returns & leverage

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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 lope:ExciseTaxTreasuryStockRepurchases.

The source filing: Grand Canyon Education’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-052898
(In thousands)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Cash and cash equivalents and restricted cash, beginning of period111,762324,623
Cash and cash equivalents and restricted cash, end of period$96,145$144,509
Supplemental disclosure of cash flow information
Cash paid for interest
Cash paid for income taxes$370$333
Supplemental disclosure of non-cash investing and financing activities
Purchases of property and equipment included in accounts payable$1,724$444
Excise tax on treasury stock repurchases$1,087$533

Item 1.Financial Statements

FAQ

What is Grand Canyon Education's excise tax treasury stock repurchases?
Grand Canyon Education (LOPE) reported excise tax treasury stock repurchases of $1.09M in Q1 2026.
How has Grand Canyon Education's excise tax treasury stock repurchases changed year-over-year?
Grand Canyon Education's excise tax treasury stock repurchases increased by 103.9% year-over-year, from $533K to $1.09M.
What is the long-term trend for Grand Canyon Education's excise tax treasury stock repurchases?
Over 2 years (2023 to 2025), Grand Canyon Education's excise tax treasury stock repurchases has grown at a 47.2% compound annual growth rate (CAGR), from $1.15M to $2.48M.
What does excise tax treasury stock repurchases mean?
This represents the specific excise tax paid by the company on the value of common stock repurchased from the open market. It is a regulatory cost associated with the company's capital return strategy to shareholders. Tracking this helps investors understand the total cost of capital allocation programs beyond the direct cash spent on share buybacks.

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