Grand Canyon Education, Inc. (LOPE)
NASDAQ: LOPE · Real-Time Price · USD
164.02
-3.64 (-2.17%)
Mar 18, 2026, 4:00 PM EDT - Market closed

Grand Canyon Education Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
216.17226.23204.99184.68260.34
Depreciation & Amortization
39.936.5531.9731.1830.41
Stock-Based Compensation
13.6414.2313.212.6411.53
Other Adjustments
171.06-0.041.251.35
Change in Receivables
-1.33-4.14-1.4-7.35-2.86
Changes in Accounts Payable
-3.459.66-3.11-3.897.39
Changes in Accrued Expenses
2.194.25-1.97-1.024.15
Changes in Income Taxes Payable
-7.11-0.87-0.454.760.51
Changes in Unearned Revenue
----0.010.01
Changes in Other Operating Activities
-3.522.970.47-1.410.29
Operating Cash Flow
273.49289.96243.66220.82313.12
Operating Cash Flow Growth
-5.68%19.00%10.35%-29.48%1.39%
Capital Expenditures
-34.84-37.25-44.54-35.23-28.88
Purchases of Intangible Assets
-0.06-0.41-0.9-0.4-0.52
Purchases of Investments
-242.72-48.59-98.85-171.55-246.34
Proceeds from Sale of Investments
55.53147.6263.82110.041,227
Other Investing Activities
0.5----
Investing Cash Flow
-221.5961.37-80.47-97.14950.98
Long-Term Debt Repaid
-----107.77
Net Long-Term Debt Issued (Repaid)
-----107.77
Issuance of Common Stock
----2.68
Repurchase of Common Stock
-264.76-173.18-137.12-604.21-803.83
Net Common Stock Issued (Repurchased)
-264.76-173.18-137.12-604.21-801.15
Financing Cash Flow
-264.76-173.18-137.12-604.21-908.93
Net Cash Flow
-212.86178.1526.07-480.53355.17
Free Cash Flow
238.65252.71199.13185.59284.24
Free Cash Flow Growth
-5.56%26.91%7.29%-34.71%1.73%
FCF Margin
21.58%24.46%20.72%20.36%31.70%
Free Cash Flow Per Share
8.528.636.615.766.47
Levered Free Cash Flow
209.34241.56187.36179.04166.46
Unlevered Free Cash Flow
198.57229.2179.13177.03235.65
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q