For the year ending 2025-12-31, LOPE had -$212,861K decrease in cash & cash equivalents over the period. $238,648K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 216,170 |
| Share-based compensation | 13,639 |
| Depreciation and amortization | 31,483 |
| Amortization of intangible assets | 8,419 |
| Deferred income taxes | 14,739 |
| Lease termination, impairment and other | 2,411 |
| Other, including fixed asset disposals | 154 |
| Accounts receivable from university partners | 1,330 |
| Other assets | 4,192 |
| Right-of-use assets and lease liabilities | 671 |
| Accounts payable | -3,451 |
| Accrued liabilities | 2,192 |
| Income taxes receivable/payable | -7,106 |
| Net cash provided by operating activities | 273,491 |
| Capital expenditures | 34,843 |
| Additions of amortizable content | 60 |
| Purchase of equity investment | 1,000 |
| Loss on equity investment | -500 |
| Purchases of investments | 241,723 |
| Proceeds from sale or maturity of investments | 55,532 |
| Net cash (used in) provided by investing activities | -221,594 |
| Repurchase of common shares and shares withheld in lieu of income taxes | 264,758 |
| Net cash used in financing activities | -264,758 |
| Net (decrease) increase in cash and cash equivalents and restricted cash | -212,861 |
| Cash and cash equivalents at beginning of period | 324,623 |
| Cash and cash equivalents at end of period | 111,762 |
Grand Canyon Education, Inc. (LOPE)
Grand Canyon Education, Inc. (LOPE)