Online Enrollment Growth
Grand Canyon Education reported online enrollment growth of 9.6% for the third quarter of 2025, exceeding long-term objectives. New starts were up in the mid-single digits.
Hybrid Campus Enrollment Surge
Hybrid campus enrollment increased by 17.4% year-over-year, and 19.3% excluding closed sites, surpassing expectations.
Service Revenue Increase
Service revenue for the third quarter was $261.1 million, a 9.6% increase compared to the same period in 2024, driven by a 7.9% increase in partner enrollments.
Adjusted Operating Income Growth
Adjusted operating income for the quarter was $58.2 million, up from $50.3 million in the same period last year, with an adjusted operating margin of 22.3%.
Significant Program Expansion
GCE expanded its programmatic offerings with new graduate nursing programs and occupational therapy programs at various locations.