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Grand Canyon Education LOPE Changes in unrecognized tax benefits

Changes in unrecognized tax benefits at other companies

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-$4.5M+89.8%

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

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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 us-gaap:IncomeTaxReconciliationTaxContingencies.

The official record: Grand Canyon Education’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grand Canyon Education's changes in unrecognized tax benefits?
Grand Canyon Education (LOPE) reported changes in unrecognized tax benefits of $434K in Q4 2025.
How has Grand Canyon Education's changes in unrecognized tax benefits changed year-over-year?
Grand Canyon Education's changes in unrecognized tax benefits increased by 120.9% year-over-year, from $196.5K to $434K.
What is the long-term trend for Grand Canyon Education's changes in unrecognized tax benefits?
Over 2 years (2023 to 2025), Grand Canyon Education's changes in unrecognized tax benefits has grown at a 8.2% compound annual growth rate (CAGR), from -$1.48M to $1.74M.
What does changes in unrecognized tax benefits mean?
Reflects the financial impact of uncertain tax positions, including reserves for potential tax audits or disputes with taxing authorities. It represents the estimated liability for tax positions that may not be sustained upon examination.