LOPE Stock Balance Sheets

Grand Canyon Education Quarterly Balance Sheets Chart

Quarterly

Annual

Goodwill

Account Receivables

Cash and Cash Eq

Account Payables

Deferred Revenue

Grand Canyon Education Quarterly Balance Sheets Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-09-30	2011-06-30	2011-03-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31


assets:
current assets
cash and cash equivalents	192,278,000	144,509,000	324,623,000	263,584,000	241,317,000	196,208,000	146,475,000	56,871,000	142,925,000	105,040,000	120,409,000	39,887,000	139,401,000	201,933,000	600,941,000	61,002,000	69,448,000	225,829,000	245,769,000	166,950,000	172,532,000	132,493,000	122,272,000	119,709,000	65,801,000	88,467,000	120,346,000	44,879,000	221,632,000	242,846,000	153,474,000	180,142,000	66,282,000	88,541,000	45,976,000	75,143,000	44,554,000	48,793,000	23,036,000	78,177,000	50,710,000	86,156,000	65,238,000	56,482,000	20,214,000	39,129,000	55,824,000	106,816,000	90,801,000	127,739,000	105,111,000	69,644,000	50,760,000	56,700,000	18,999,000	14,652,000	30,243,000	50,471,000	43,420,000	97,883,000	62,571,000	73,670,000	24,742,000	68,275,000	35,152,000
investments	181,621,000	160,144,000			100,498,000	94,485,000	98,031,000	97,553,000	90,444,000	89,483,000	61,295,000	68,403,000	63,867,000	62,396,000			44,415,000	36,443,000	10,840,000	12,812,000	14,691,000	17,049,000	21,601,000	14,152,000	14,205,000	14,243,000	69,002,000	68,754,000	76,522,000	91,910,000	89,271,000	89,609,000	89,414,000	81,557,000	62,596,000	49,654,000	49,440,000	84,128,000	83,364,000	84,016,000	83,533,000	101,015,000	100,784,000	127,126,000	156,492,000	157,466,000	108,420,000	63,492,000	48,439,000	23,802,000
accounts receivable	27,699,000	115,696,000	82,948,000	116,388,000	29,454,000	111,710,000	78,811,000	104,475,000	24,682,000	102,571,000	77,413,000	101,170,000	25,727,000	102,006,000	70,063,000	95,165,000	19,888,000	91,790,000	62,189,000	89,212,000	20,553,000	77,390,000	48,939,000	83,377,000	13,660,000	74,653,000	46,830,000	65,120,000		9,469,000	10,908,000	12,243,000	10,933,000	9,026,000	9,999,000	10,362,000	9,080,000	7,454,000	8,298,000	9,500,000	8,158,000	6,689,000	7,605,000	8,289,000	8,515,000	7,384,000	7,217,000	7,986,000	8,645,000	7,651,000	7,951,000	8,875,000	8,363,000	7,843,000	16,333,000	32,120,000	32,369,000	32,722,000	42,636,000	13,890,000	13,802,000	15,577,000	10,612,000	10,509,000	9,442,000
income tax receivable	6,665,000		490,000	1,818,000	5,504,000	38,000	1,316,000	3,770,000	9,037,000	2,964,000	2,788,000	3,589,000	8,967,000		1,275,000	1,745,000	1,330,000	763,000	1,294,000	3,980,000	1,685,000	1,685,000	2,186,000	3,559,000	3,423,000	3,423,000	8,000	1,791,000	315,000	1,329,000		4,546,000	4,546,000	4,829,000		5,923,000	8,492,000	3,215,000
other current assets	14,218,000	16,087,000	11,915,000	11,585,000	13,052,000	16,512,000	12,889,000	12,069,000	12,461,000	15,828,000	11,368,000	10,184,000	11,890,000	14,020,000	8,766,000	10,635,000	11,989,000	14,484,000	8,639,000	13,953,000	13,145,000	14,696,000	8,035,000	11,255,000	11,328,000	12,337,000	6,963,000	8,607,000	8,748,000	16,994,000	24,589,000	24,702,000	22,156,000	23,627,000	21,880,000	21,713,000	17,806,000	20,026,000	20,863,000	21,152,000	18,539,000	20,240,000	19,428,000	19,511,000	17,208,000	17,879,000	19,116,000	17,913,000	14,539,000	13,847,000	12,667,000	13,302,000	12,275,000	11,990,000	9,104,000	5,619,000	4,578,000	4,802,000	4,864,000	4,269,000	3,785,000	2,623,000	2,330,000	2,660,000	2,629,000
total current assets	422,481,000	436,436,000	419,976,000	393,375,000	389,825,000	444,453,000	337,522,000	274,738,000	279,549,000	315,886,000	273,273,000	223,233,000	249,852,000	380,355,000	681,045,000	173,397,000	147,070,000	374,320,000	333,742,000	291,757,000	222,619,000	248,324,000	208,344,000	237,544,000	108,717,000	198,208,000	309,466,000	255,199,000	1,281,570,000	435,364,000	374,862,000	386,846,000	272,771,000	277,922,000	230,068,000	232,123,000	200,212,000	226,097,000	221,345,000	263,233,000	231,077,000	278,081,000	267,045,000	275,171,000	261,134,000	277,939,000	263,703,000	252,464,000	223,597,000	227,998,000	214,174,000	154,347,000	129,229,000	130,299,000	106,784,000	109,807,000	128,286,000	153,074,000	132,933,000	129,391,000	90,246,000	101,080,000	48,399,000	88,503,000	53,599,000
property and equipment	179,384,000	177,758,000	176,823,000	176,234,000	173,827,000	172,186,000	169,699,000	164,638,000	154,709,000	150,391,000	147,504,000	144,872,000	139,632,000	136,677,000	136,120,000	134,508,000	133,003,000	131,929,000	128,657,000	126,679,000	124,066,000	121,349,000	119,734,000	118,637,000	116,772,000	116,239,000	111,039,000	110,908,000	112,185,000	950,156,000	922,284,000	897,540,000	888,184,000	870,289,000	855,528,000	832,665,000	794,037,000	725,091,000	667,483,000	639,631,000	588,275,000	527,729,000	478,170,000	469,294,000	416,242,000	365,499,000	339,596,000	328,423,000	304,327,000	283,584,000	269,162,000	256,528,000	233,273,000	207,169,000	179,545,000	161,532,000	140,655,000	107,169,000	85,012,000	75,127,000	67,370,000	63,425,000	58,146,000	45,922,000	41,399,000
right-of-use assets	98,477,000	96,059,000	99,541,000	98,849,000	101,893,000	90,135,000	92,454,000	90,393,000	76,446,000	70,320,000	72,719,000	75,086,000	54,202,000	55,672,000	57,652,000	57,245,000	59,303,000	59,434,000	61,020,000	58,943,000	43,280,000	34,545,000	27,770,000	27,730,000	12,895,000	13,186,000
amortizable intangible assets	155,752,000	157,857,000	159,962,000	162,066,000	164,171,000	166,276,000	168,381,000	170,485,000	172,590,000	174,695,000	176,800,000	178,904,000	181,009,000	183,114,000	185,219,000	187,323,000	189,428,000	191,533,000	193,638,000	195,742,000	197,847,000	199,952,000	202,057,000	204,236,000	206,415,000	208,594,000
goodwill	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,766,000	160,871,000	160,871,000	151,228,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000	2,941,000
other assets	4,147,000	2,572,000	1,357,000	1,636,000	2,209,000	1,755,000	1,641,000	2,136,000	2,157,000	1,963,000	1,687,000	1,683,000	1,842,000	1,802,000	1,943,000	2,310,000	2,485,000	2,133,000	1,844,000	1,763,000	1,794,000	1,754,000	1,706,000	1,742,000	1,940,000	2,020,000	478,000	743,000	657,000	833,000	723,000	766,000	1,756,000	1,123,000	897,000	1,404,000	4,556,000	3,293,000	3,306,000	3,377,000	3,145,000	3,242,000	3,907,000	4,367,000	4,428,000	5,000,000	5,219,000	5,441,000	5,831,000	4,011,000	3,122,000	3,434,000	3,652,000	3,212,000	5,201,000	5,257,000	5,254,000	3,648,000	2,473,000	1,749,000	554,000	556,000	644,000	166,000	201,000
total assets	1,021,007,000	1,031,448,000	1,018,425,000	992,926,000	992,691,000	1,035,571,000	930,463,000	863,156,000	846,217,000	874,021,000	832,749,000	784,544,000	787,303,000	918,386,000	1,222,745,000	1,680,461,000	1,846,967,000	1,885,027,000	1,844,579,000	1,800,562,000	1,790,284,000	1,731,602,000	1,690,289,000	1,760,672,000	1,677,522,000	1,619,473,000	1,324,017,000	1,252,691,000	1,399,968,000	1,391,983,000	1,303,573,000	1,290,930,000	1,168,563,000	1,155,260,000	1,092,493,000	1,072,266,000	1,004,953,000	960,703,000	898,430,000	912,611,000	828,941,000	815,570,000	755,713,000	755,498,000	688,544,000	655,252,000	616,100,000	594,075,000	541,666,000	523,894,000	494,923,000	423,089,000	375,098,000	349,969,000	303,060,000	289,943,000	286,464,000	281,542,000	237,813,000	221,969,000	174,738,000	183,608,000	126,506,000	157,893,000	116,990,000
liabilities and stockholders’ equity:
current liabilities
accounts payable	24,353,000	24,077,000	26,721,000	28,081,000	22,466,000	29,827,000	17,676,000	23,696,000	22,842,000	21,801,000	20,006,000	18,829,000	18,139,000	29,638,000	24,306,000	40,667,000	22,452,000	17,224,000	16,583,000	15,337,000	19,901,000	19,222,000	14,835,000	20,742,000	18,273,000	13,295,000	14,274,000	16,996,000	35,444,000	36,100,000	29,139,000	27,523,000	22,489,000	24,114,000	24,824,000	28,851,000	39,284,000	38,019,000	34,149,000	41,482,000	36,410,000	34,316,000	22,715,000	32,925,000	33,290,000	27,967,000	24,231,000	22,934,000	16,326,000	20,353,000	14,174,000	25,197,000	19,784,000	24,660,000	22,277,000	27,480,000	27,072,000	21,659,000	12,053,000	9,317,000	8,762,000	10,512,000	9,753,000	7,547,000	5,770,000
accrued compensation and benefits	32,789,000	23,251,000	33,183,000	26,143,000	33,776,000	24,785,000	31,358,000	25,446,000	28,594,000	21,124,000	36,412,000	33,100,000	32,911,000	31,986,000	32,714,000	42,980,000	36,210,000	37,307,000	34,248,000	33,879,000	26,809,000	22,602,000	20,800,000	23,689,000	17,318,000	17,985,000	15,427,000	17,857,000	23,634,000	25,013,000	23,173,000	24,377,000	19,913,000	20,670,000	19,697,000	22,653,000	26,819,000	21,648,000	17,895,000	21,580,000	23,101,000	18,216,000	23,995,000	18,893,000	21,059,000	14,947,000	20,093,000	16,163,000	18,107,000	13,163,000	18,812,000	13,968,000	15,174,000	9,372,000	9,768,000	11,541,000	15,144,000	12,990,000
accrued liabilities	34,009,000	34,573,000	29,620,000	33,420,000	31,935,000	57,608,000	26,725,000	33,527,000	30,485,000	31,661,000	22,473,000	28,964,000	32,977,000	30,705,000	27,593,000	26,531,000	24,963,000	29,495,000	21,945,000	23,326,000	20,033,000	20,943,000	16,771,000	18,947,000	16,934,000	15,543,000	8,907,000	13,511,000	18,995,000	26,571,000	20,757,000	23,184,000	20,641,000	23,704,000	21,163,000	20,707,000	16,895,000	17,424,000	13,846,000	14,819,000	14,883,000	14,804,000	13,533,000	14,084,000	15,604,000	13,235,000	14,554,000	16,542,000	20,599,000	17,585,000	17,467,000	15,638,000	14,672,000	8,515,000	9,134,000	8,467,000	7,453,000	11,062,000	26,585,000	23,127,000	18,103,000	18,358,000	11,178,000	11,935,000	9,674,000
income taxes payable	112,000	24,076,000	8,559,000	129,000	94,000	26,300,000	10,250,000	91,000	75,000	26,568,000	12,167,000	37,000	32,000	20,694,000	5,895,000	50,000	54,000	21,180,000	5,405,000		38,281,000	25,249,000	6,576,000	3,396,000	45,000	23,500,000	5,442,000		46,000	30,234,000	16,182,000	10,750,000	3,636,000	19,531,000	2,734,000	19,000	50,000	17,913,000	29,000	612,000	220,000	15,544,000	4,906,000	7,799,000	6,163,000	5,037,000	7,000	989,000		9,215,000	8,704,000	11,282,000	7,636,000	6,091,000	1,068,000	425,000	1,223,000	1,608,000	4,815,000	8,253,000	2,261,000	386,000	67,000	4,123,000	172,000
deferred revenue	14,150,000	9,081,000		6,420,000	7,216,000	10,270,000		6,237,000	9,110,000	9,678,000		6,102,000	11,958,000	12,172,000	10,000	3,204,000	9,760,000	6,936,000		10,240,000	7,709,000	8,173,000	20,000	9,201,000	10,042,000	5,168,000				64,130,000	46,895,000	116,438,000	52,004,000	69,759,000	40,739,000	104,694,000	47,220,000	57,575,000	37,876,000	86,712,000	42,409,000	53,407,000	36,868,000	76,908,000	41,686,000	46,700,000	32,816,000	58,503,000	31,585,000	38,963,000	28,614,000	46,679,000	31,106,000	33,479,000	34,746,000	21,789,000	18,463,000	15,158,000
current portion of lease liability	13,577,000	13,146,000	12,883,000	12,358,000	11,980,000	11,336,000	11,024,000	10,518,000	9,339,000	8,818,000	8,648,000	8,555,000	7,699,000	7,514,000	7,426,000	7,495,000	7,423,000	7,525,000	7,393,000	6,737,000	4,709,000	3,751,000	3,084,000	2,709,000	2,232,000	2,089,000
total current liabilities	118,990,000	128,204,000	110,966,000	106,551,000	107,467,000	160,126,000	97,033,000	99,515,000	100,445,000	119,650,000	99,706,000	95,587,000	103,716,000	132,709,000	97,944,000	203,842,000	169,007,000	152,811,000	118,718,000	122,663,000	150,586,000	133,084,000	95,230,000	124,016,000	113,266,000	126,002,000	80,518,000	54,936,000	223,831,000	261,666,000	238,135,000	285,063,000	204,868,000	235,145,000	226,794,000	266,068,000	233,106,000	222,693,000	188,534,000	238,783,000	189,457,000	202,366,000	178,711,000	218,256,000	179,870,000	169,312,000	165,623,000	174,396,000	146,486,000	157,674,000	152,727,000	173,869,000	145,794,000	136,134,000	128,592,000	121,123,000	127,030,000	128,982,000	98,973,000	96,953,000	62,392,000	83,038,000	45,756,000	60,222,000	32,557,000
deferred income taxes, noncurrent	28,235,000	28,974,000	26,527,000	26,132,000	26,992,000	28,454,000	26,749,000	26,694,000	27,308,000	28,049,000	26,195,000	26,199,000	26,571,000	27,344,000	25,962,000	22,621,000	22,069,000	22,029,000	20,288,000	19,288,000	18,618,000	18,840,000	18,320,000	18,310,000	17,752,000	9,427,000	6,465,000	4,421,000	19,218,000	19,900,000		27,209,000	26,778,000	27,043,000		17,321,000	17,522,000	17,764,000		14,590,000	15,469,000	17,166,000		11,716,000	11,596,000	13,179,000		10,412,000	9,713,000	8,601,000		5,113,000	3,187,000	4,126,000
other long-term liability	1,550,000	1,398,000	1,444,000	1,492,000	1,538,000	1,583,000	410,000	416,000	423,000	429,000	436,000	442,000	24,000	30,000
lease liability, less current portion	94,256,000	92,168,000	95,635,000	94,614,000	97,499,000	85,961,000	88,257,000	86,001,000	72,616,000	66,643,000	68,793,000	70,760,000	50,354,000	51,866,000	53,755,000	53,179,000	55,101,000	55,058,000	56,611,000	54,706,000	40,483,000	32,171,000	25,519,000	25,440,000	10,809,000	11,177,000
total liabilities	243,031,000	250,744,000	234,572,000	228,789,000	233,496,000	276,124,000	212,449,000	212,626,000	200,792,000	214,771,000	195,130,000	192,988,000	180,665,000	211,949,000	177,698,000	279,685,000	304,284,000	296,349,000	270,250,000	279,579,000	300,897,000	283,594,000	246,856,000	378,842,000	349,715,000	346,600,000	110,420,000	114,333,000	299,668,000	340,971,000	317,622,000	375,209,000	296,349,000	328,737,000	318,807,000	355,477,000	324,670,000	316,498,000	288,179,000	332,974,000	285,614,000	302,381,000	279,481,000	316,008,000	281,251,000	274,357,000	271,256,000	279,758,000	253,116,000	265,430,000	260,864,000	205,861,000	176,452,000	168,099,000	156,388,000	147,284,000	151,151,000	154,437,000	124,506,000	122,833,000	88,710,000	110,119,000	72,541,000	92,267,000	63,400,000
commitments and contingencies
stockholders’ equity
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2025 and december 31, 2024
common stock	542,000	542,000	541,000	541,000	541,000	541,000	540,000	540,000	540,000	540,000	538,000	538,000	538,000	538,000	536,000	536,000	536,000	536,000	533,000	532,000	532,000	532,000	531,000	530,000	530,000	529,000	527,000	526,000	526,000	525,000	523,000	522,000	522,000	519,000	515,000	513,000	511,000	505,000	503,000	502,000	502,000	502,000	497,000	497,000	497,000	496,000	489,000	488,000	487,000	482,000	471,000	469,000	468,000	461,000	459,000	459,000	458,000	458,000	457,000	457,000	457,000	456,000	446,000	455,000	455,000
treasury stock	-2,150,693,000	-2,102,760,000	-2,024,370,000	-1,958,837,000	-1,918,810,000	-1,879,697,000	-1,849,693,000	-1,832,686,000	-1,798,619,000	-1,752,844,000	-1,711,423,000	-1,683,417,000	-1,635,223,000	-1,506,766,000	-1,107,211,000	-663,558,000	-461,052,000	-365,721,000	-303,379,000	-266,649,000	-243,382,000	-235,071,000	-169,365,000	-150,872,000	-143,919,000	-143,579,000	-125,452,000	-119,982,000	-113,757,000	-112,726,000	-100,694,000	-99,051,000	-99,051,000	-98,910,000	-89,394,000	-89,341,000	-88,559,000	-88,507,000	-69,332,000	-58,000,000	-58,000,000	-57,948,000	-53,770,000	-53,770,000	-53,770,000	-52,675,000	-48,432,000	-48,145,000	-47,627,000	-45,142,000	-39,136,000	-28,819,000	-25,872,000	-23,894,000	-23,153,000	-23,151,000	-14,993,000	-782,000
additional paid-in capital	343,852,000	340,365,000	336,736,000	333,366,000	329,990,000	325,994,000	322,512,000	319,266,000	315,930,000	312,677,000	309,310,000	306,152,000	303,029,000	299,858,000	296,670,000	293,859,000	281,103,000	281,163,000	282,467,000	279,147,000	276,330,000	273,650,000	270,923,000	268,279,000	265,396,000	261,071,000	256,806,000	251,828,000	241,169,000	237,056,000	232,670,000	228,928,000	224,735,000	218,667,000	212,559,000	203,503,000	195,316,000	186,828,000	177,167,000	173,301,000	170,194,000	165,734,000	158,549,000	154,636,000	151,528,000	146,945,000	132,904,000	128,366,000	124,578,000	111,556,000	102,133,000	95,938,000	92,914,000	89,800,000	83,821,000	81,261,000	78,962,000	75,607,000	73,880,000	71,898,000	70,100,000	68,670,000	52,469,000	69,935,000	64,808,000
accumulated other comprehensive gain	165,000																																																289,000
retained earnings	2,584,110,000	2,542,564,000	2,470,946,000	2,389,067,000	2,347,600,000	2,312,722,000	2,244,712,000	2,164,003,000	2,128,264,000	2,099,291,000	2,039,727,000	1,968,700,000	1,938,692,000	1,913,130,000	1,855,052,000	1,769,939,000	1,722,281,000	1,672,820,000	1,594,708,000	1,507,953,000	1,455,907,000	1,408,897,000	1,341,344,000	1,264,675,000	1,206,524,000	1,155,412,000	1,082,169,000	1,006,638,000	972,877,000	926,683,000	854,176,000	785,920,000	746,616,000	706,769,000	650,916,000	602,937,000	573,693,000	546,067,000	502,402,000	464,288,000	430,946,000	405,170,000	370,991,000	337,898,000	308,882,000	285,813,000	259,525,000
total stockholders’ equity	777,976,000	780,704,000	783,853,000	764,137,000	759,195,000	759,447,000	718,014,000	650,530,000	645,425,000	659,250,000	637,619,000	591,556,000	606,638,000	706,437,000	1,045,047,000	1,400,776,000	1,542,683,000	1,588,678,000	1,574,329,000	1,520,983,000	1,489,387,000	1,448,008,000	1,443,433,000	1,381,830,000	1,327,807,000	1,272,873,000	1,213,597,000	1,138,358,000	1,100,300,000	1,051,012,000	985,951,000	915,721,000	872,214,000	826,523,000	773,686,000	716,789,000	680,283,000	644,205,000	610,251,000	579,637,000	543,327,000	513,189,000	476,232,000	439,490,000	407,293,000	380,895,000	344,844,000	314,317,000	288,550,000	258,464,000	234,059,000	217,228,000	198,646,000	181,870,000	146,672,000	142,659,000	135,313,000	127,105,000	113,307,000	99,136,000	86,028,000	73,489,000	53,965,000	65,626,000
total liabilities and stockholders’ equity	1,021,007,000	1,031,448,000	1,018,425,000	992,926,000	992,691,000	1,035,571,000	930,463,000	863,156,000	846,217,000	874,021,000	832,749,000	784,544,000	787,303,000	918,386,000	1,222,745,000	1,680,461,000	1,846,967,000	1,885,027,000	1,844,579,000	1,800,562,000	1,790,284,000	1,731,602,000	1,690,289,000	1,760,672,000	1,677,522,000	1,619,473,000	1,324,017,000	1,252,691,000	1,399,968,000	1,391,983,000	1,303,573,000	1,290,930,000	1,168,563,000	1,155,260,000	1,092,493,000	1,072,266,000	1,004,953,000	960,703,000	898,430,000	912,611,000	828,941,000	815,570,000	755,713,000	755,498,000	688,544,000	655,252,000	616,100,000	594,075	541,666,000	523,894,000	494,923,000	423,089,000	375,098,000	349,969,000	303,060,000	289,943,000	286,464,000	281,542,000	237,813,000	221,969,000	174,738,000	183,608,000	126,506,000	157,893,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2025 and december 31, 2024
accumulated other comprehensive loss		-7,000			-126,000	-113,000	-57,000	-593,000	-690,000	-414,000	-533,000	-417,000	-398,000	-323,000			-185,000	-120,000						-782,000	-724,000	-560,000	-453,000	-652,000	-515,000	-526,000	-724,000	-598,000	-608,000	-522,000	-910,000	-823,000	-678,000	-688,000	-489,000	-454,000	-315,000	-269,000								-191,000	-223,000	-265,000	-298,000	-333,000	-498,000	-446,000	-392,000	-587,000	-521,000	-314,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2024 and december 31, 2023
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2024 and december 31, 2023
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2024 and december 31, 2023
insurance receivable						25,500,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2024 and december 31, 2023
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2023 and december 31, 2022
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2023 and december 31, 2022
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2023 and december 31, 2022
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2023 and december 31, 2022
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2022 and december 31, 2021
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2022 and december 31, 2021
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2022 and december 31, 2021
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2022 and december 31, 2021
interest receivable on secured note																4,850,000		5,011,000	5,011,000	4,850,000	13,000	5,011,000	5,011,000	5,192,000		4,785,000	4,650,000	4,381,000
secured note receivable																964,912,000	1,154,912,000	964,912,000	964,912,000	964,912,000	1,039,912,000	964,912,000	969,912,000	1,009,912,000	1,069,912,000	929,998,000	900,093,000
current portion of notes payable																82,915,000	68,145,000	33,144,000	33,144,000	33,144,000	33,144,000	33,144,000	33,144,000	45,332,000	48,422,000	48,422,000	36,468,000	6,572,000	6,572,000	6,670,000	6,691,000	6,680,000	6,665,000	6,651,000	31,636,000	18,633,000	31,630,000	6,628,000	6,625,000	6,723,000	6,620,000	6,618,000	6,616,000	6,613,000	6,611,000	6,609,000	6,607,000	6,605,000	6,603,000	6,601,000	6,601,000	1,760,000	1,769,000	1,739,000	1,760,000	1,841,000	1,957,000	2,104,000	2,100,000	2,121,000	2,105,000	2,101,000	2,108,000	447,000	357,000
other long term liability															37,000	43,000	50,000	107,000	3,000	6,000	8,000	11,000	13,000	16,000
notes payable, less current portion																	58,057,000	66,344,000	74,630,000	82,916,000	91,202,000	99,488,000	107,774,000	211,060,000	207,888,000	199,994,000	23,437,000	54,976,000	56,619,000	58,274,000	59,925,000	61,596,000	63,270,000	64,943,000	66,616,000	68,276,000	69,935,000	71,594,000	73,252,000	75,759,000	76,565,000	78,221,000	79,877,000	81,532,000	83,187,000	84,840,000	86,493,000	88,137,000	89,806,000	91,449,000	93,100,000	18,681,000	19,124,000	19,468,000	20,329,000	20,769,000	21,432,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2021 and december 31, 2020
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2021 and december 31, 2020
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2021 and december 31, 2020
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2021 and december 31, 2020
restricted cash and cash equivalents																							300,000	300,000	300,000	300,000	61,667,000	61,667,000		72,816,000	94,534,000	75,604,000	79,440,000	70,342,000										58,801,000	53,233,000	50,834,000	64,368,000	49,800,000	51,541,000	49,680,000	55,964,000	57,027,000	54,482,000	50,454,000	47,177,000	45,390,000	49,740,000						6,230,000	3,946,000	2,197,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2020 and december 31, 2019
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2020 and december 31, 2019
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2020 and december 31, 2019
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2020 and december 31, 2019
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2019 and december 31, 2018
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2019 and december 31, 2018
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2019 and december 31, 2018
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2019 and december 31, 2018
prepaid royalties																													2,615,000	2,689,000	2,763,000	2,837,000	2,911,000	2,985,000	3,059,000	3,133,000	3,207,000	3,281,000	3,355,000	3,429,000	3,503,000	3,577,000	3,650,000	3,725,000	3,799,000	3,873,000	4,641,000	4,806,000	4,970,000	5,135,000	5,299,000	5,464,000	5,628,000	5,793,000	6,122,000	6,287,000	6,396,000	6,762,000	6,945,000	7,128,000	7,311,000	7,494,000	7,677,000	7,860,000	8,043,000
student deposits																														72,948,000	95,298,000	76,111,000	79,520,000	70,716,000	85,881,000	70,168,000	70,865,000	63,137,000	76,742,000	65,978,000	64,895,000	58,949,000	69,584,000	60,472,000	54,867,000	54,211,000	66,772,000	52,077,000	52,721,000	51,277,000	57,745,000	58,930,000	55,248,000	51,903,000	48,483,000	46,778,000	46,882,000	52,823,000
other noncurrent liabilities																														1,131,000	1,200,000	1,341,000	1,433,000	1,606,000	1,689,000	3,512,000	3,767,000	4,066,000	4,302,000	3,689,000	3,953,000	4,245,000	4,513,000	4,075,000	6,146,000	6,551,000	6,811,000	6,293,000	6,569,000	7,141,000	7,405,000	7,589,000	7,716,000	7,719,000	6,772,000	5,392,000	2,679,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2018 and 2017
note receivable																												882,900,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2018 and december 31, 2017
assets held for sale																													974,353,000
liabilities held for sale																													139,140,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2018 and december 31, 2017
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2018 and december 31, 2017
income taxes receivable																															2,086,000				4,686,000				3,952,000				1,000	22,000			3,599,000	13,000	2,533,000			283,000		936,000	8,383,000	5,796,000	2,213,000					414,000	1,398,000	938,000	1,576,000
deferred income taxes, non-current																															18,362,000				23,708,000				21,303,000				15,974,000				11,832,000				7,045,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2017 and 2016
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2017 and december 31, 2016
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2017 and december 31, 2016
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2017 and december 31, 2016
restricted cash, cash equivalents and investments																																			84,931,000	69,328,000	70,840,000	62,481,000	75,384,000	64,737,000	63,696,000	57,875,000	67,840,000															55,875,000	30,658,000	6,203,000	3,403,000
due to related parties																																			120,000	183,000	183,000	189,000	675,000	382,000	401,000	420,000	403,000	471,000	500,000	516,000	454,000	494,000	457,000	429,000	523,000	328,000	319,000	279,000	464,000	1,573,000	1,958,000	4,758,000	2,076,000	2,574,000	1,174,000	3,110,000	1,666,000	2,429,000	1,197,000
current portion of capital lease obligations																																				160,000	160,000	160,000	697,000	495,000	518,000	92,000	91,000	91,000	90,000	90,000	89,000	89,000	88,000	88,000	87,000	87,000	86,000	96,000	892,000	1,229,000	1,638,000	1,333,000	710,000	725,000	751,000	776,000	801,000	1,746,000	1,125,000
capital lease obligations, less current portion																																				300,000	340,000	381,000	788,000	153,000	170,000	383,000	406,000	429,000	452,000	475,000	497,000	520,000	542,000	565,000	587,000	609,000	631,000	652,000	695,000		10,000	334,000	502,000	692,000	868,000	1,041,000	1,212,000	30,332,000	29,384,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2016 and 2015
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2016 and december 31, 2015
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2016 and december 31, 2015
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2016 and december 31, 2015
deferred income taxes																																							6,448,000	5,651,000	6,441,000	6,106,000	6,149,000	4,940,000	5,472,000	5,247,000	5,159,000	6,444,000	7,099,000	5,279,000	5,481,000	5,216,000	3,349,000	2,376,000	6,788,000	6,230,000	9,143,000	9,204,000	11,355,000	7,146,000	6,685,000	4,952,000	3,087,000	2,175,000	2,603,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2015 and 2014
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2015 and december 31, 2014
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2015 and december 31, 2014
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2015 and december 31, 2014
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2014 and 2013
accumulated other comprehensive income																																											-35,000	229,000	156,000	316,000	358,000	240,000													-144,000	-157,000	21,000	21,000	16,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2014 and december 31, 2013
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2014 and december 31, 2013
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2014 and december 31, 2013
note receivable secured by real estate																																																			27,000,000
restricted cash																																																		225,000	225,000	375,000	375,000	555,000	555,000	555,000	445,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2013 and 2012
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2013 and december 31, 2012
accumulated earnings																																																233,368,000	210,823,000	191,759,000	170,814,000	149,905,000	131,434,000	115,836,000	86,043,000	84,536,000	71,278,000	52,409,000	39,491,000	27,095,000	15,615,000	4,520,000	1,029,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2013 and december 31, 2012
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2013 and december 31, 2012
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at december 31, 2012 and 2011
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2012 and december 31, 2011
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2012 and december 31, 2011
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2012 and december 31, 2011
accrued litigation loss																																																									5,200,000
accrued exit costs																																																									40,000	287,000	351,000	353,000	832,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2011 and december 31, 2010
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2011 and december 31, 2010
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at march 31, 2011 and december 31, 2010
accrued estimated litigation loss																																																										5,200,000	5,200,000	5,200,000	5,200,000	5,200,000
notes payable, less current portion and other																																																										25,121,000	25,031,000	25,188,000	25,450,000	26,040,000	25,573,000	1,713,000	1,459,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at september 30, 2010 and december 31, 2009
deferred revenue and student deposits																																																											45,083,000	45,283,000	23,204,000	42,595,000	20,183,000	31,995,000	14,262,000
preferred stock, 0.01 par value, 10,000 shares authorized; 0 shares issued and outstanding at june 30, 2010 and december 31, 2009
preferred stock, 0.01 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at march 31, 2010 and december 31, 2009
restricted cash and investments																																																													360,000	360,000	483,000	483,000	3,403,000
preferred stock, 0.01 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at december 31, 2009 and 2008
restricted cash and cash equivalents and investments																																																														3,844,000
preferred stock, 0.01 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at september 30, 2009 and december 31, 2008
preferred stock, 0.01 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at june 30, 2009 and december 31, 2008
preferred stock, 0.01 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at december 31, 2008 and march 31, 2009
accumulated deficit																																																																-4,785,000	-11,689,000
due from related parties
deposit with former owner
liabilities, preferred stock and stockholders’ (deficit) equity:
royalty payable to former owner
line of credit
series a convertible preferred stock, 0.01 par value:
authorized — 9,700 and 0 shares at december 31, 2007 and 2008, respectively
issued and outstanding — 5,953 and 0 shares at december 31, 2007 and 2008, respectively
series b 12% convertible preferred stock, 0.01 par value:
authorized — 2,200 and 0 shares at december 31, 2007 and 2008, respectively
issued and outstanding — 0 shares at december 31, 2007 and 2008
series c convertible preferred stock, 0.01 par value:
authorized — 3,900 and 0 shares at december 31, 2007 and 2008, respectively
issued and outstanding — 3,829 and 0 shares at december 31, 2007 and 2008, respectively
stockholders’ (deficit) equity
preferred stock, 0.01 par value, 10,000,000 shares authorized; 0 shares issued and outstanding at december 31, 2007 and 2008
total stockholders’ (deficit) equity																																																																	53,590,000
total liabilities, preferred stock and stockholders’ (deficit) equity																																																																	116,990,000

We provide you with 20 years of balance sheets for Grand Canyon Education stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Grand Canyon Education. Explore the full financial landscape of Grand Canyon Education stock with our expertly curated balance sheets.

The information provided in this report about Grand Canyon Education stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.