Grand Canyon Education, Inc.
For the period ended Dec 31, 2025. Filed Feb 18, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 18, 2026
LOPE$116.16-1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
INDEX
| | Page | |
|---|---|---|
| | | |
| Special Note Regarding Forward-Looking Statements | | 3 |
| | | |
| PART I | | 5 |
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| Item 1. Business | | 5 |
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| Item 1A. Risk Factors | | 28 |
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| Item 1B. Unresolved Staff Comments | | 47 |
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| Item 1C. Cybersecurity | | 47 |
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| Item 2. Properties | | 48 |
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| Item 3. Legal Proceedings | | 49 |
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| Item 4. Mine Safety Disclosures | | 49 |
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| PART II | | 49 |
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| Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | | 49 |
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| Item 6. [Reserved] | | 51 |
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| Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations | | 52 |
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| Item 7A. Quantitative and Qualitative Disclosures about Market Risk | | 59 |
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| Item 8. Consolidated Financial Statements and Supplementary Data | | 60 |
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| Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure | | 83 |
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| Item 9A. Controls and Procedures | | 83 |
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| Item 9B. Other Information | | 87 |
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| PART III | | 87 |
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| Item 10. Directors, Executive Officers and Corporate Governance | | 87 |
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| Item 11. Executive Compensation | | 87 |
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| Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | | 87 |
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| Item 13. Certain Relationships and Related Transactions, and Director Independence | | 87 |
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| Item 14. Principal Accounting Fees and Services | | 88 |
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| PART IV | | 88 |
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| Item 15. Exhibits and Consolidated Financial Statement Schedules | | 88 |
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| Exhibit Index | | 88 |
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| SIGNATURES | | 92 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.