Grand Canyon Education, Inc. (LOPE)
NASDAQ: LOPE · Real-Time Price · USD
148.77
-0.31 (-0.21%)
Aug 26, 2026, 4:00 PM EDT - Market closed

Grand Canyon Education Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
224.21216.17226.23204.99184.68260.34
Depreciation & Amortization
41.6739.936.5531.9731.1830.41
Stock-Based Compensation
13.5813.6414.2313.212.6411.53
Provision & Write-off of Bad Debts
------5
Other Operating Activities
16.25171.06-0.041.256.35
Change in Accounts Receivable
-6.54-1.33-4.14-1.4-7.35-2.86
Change in Accounts Payable
-8.69-3.459.66-3.11-3.897.39
Change in Unearned Revenue
0.97----0.010.01
Change in Income Taxes
-1.24-7.11-0.87-0.454.760.51
Change in Other Net Operating Assets
-1.5-1.337.22-1.51-2.434.44
Operating Cash Flow
278.71273.49289.96243.66220.82313.12
Operating Cash Flow Growth
-6.50%-5.68%19.00%10.35%-29.48%1.39%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-36.15-34.84-37.25-44.54-35.23-218.88
Sale (Purchase) of Intangibles
-0.08-0.06-0.41-0.9-0.4-0.52
Investment in Securities
78.9-187.1999.03-35.04-61.5110.46
Other Investing Activities
0.10.5---1,160
Investing Cash Flow
42.78-221.5961.37-80.47-97.14950.98

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Repaid
------107.77
Net Debt Issued (Repaid)
------107.77
Issuance of Common Stock
-----2.68
Repurchase of Common Stock
-342.71-264.76-173.18-137.12-604.21-803.83
Financing Cash Flow
-342.71-264.76-173.18-137.12-604.21-908.93

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-21.22-212.86178.1526.07-480.53355.17

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
242.56238.65252.71199.13185.5994.24
Free Cash Flow Growth
-7.13%-5.56%26.91%7.29%96.92%-53.89%
Free Cash Flow Margin
21.24%21.58%24.46%20.72%20.36%10.51%
Free Cash Flow Per Share
8.948.528.636.615.762.14
Levered Free Cash Flow
205.76200.57196.87149.03145.76.03
Unlevered Free Cash Flow
205.76200.57196.87149.03145.78.28

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
--00.0303.7
Cash Income Tax Paid
53.1553.965.2659.0348.5761.9
Change in Working Capital
-17-13.2211.88-6.46-8.939.49
SEC Filings: 10-K · 10-Q