Grand Canyon Education, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $46.0m $153.5m $120.3m $122.3m $245.8m $600.9m $120.4m $146.5m $324.6m $111.8m
Restricted Cash and Investments, Current $84.9m
Short-term Investments $138.2m $89.3m
Assets, Current $230.1m $374.9m $309.5m $208.3m $333.7m $681.0m $273.3m $337.5m $420.0m $400.2m
Property, Plant and Equipment, Net $855.5m $922.3m $111.0m $119.7m $128.7m $136.1m $147.5m $169.7m $176.8m $179.0m
Goodwill $2.9m $2.9m $2.9m $160.8m $160.8m $160.8m $160.8m $160.8m $160.8m $160.8m
Intangible Assets, Net (Excluding Goodwill) $202.1m $193.6m $185.2m $176.8m $168.4m $160.0m $151.5m
Operating Lease, Right-of-Use Asset $27.8m $61.0m $57.7m $72.7m $92.5m $99.5m $96.6m
Other Assets, Noncurrent $897k $723k $478k $1.7m $1.8m $1.9m $1.7m $1.6m $1.4m $4.3m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $10.0m $10.9m $46.8m $48.9m $62.2m $70.1m $77.4m $78.8m $82.9m $84.3m
Accrued Liabilities, Current $21.2m $20.8m $8.9m $16.8m $21.9m $27.6m $22.5m $26.7m $29.6m $32.3m
Assets $1.1b $1.3b $1.3b $1.7b $1.8b $1.2b $832.7m $930.5m $1.0b $992.3m
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $3.1m $7.4m $7.4m $8.6m $11.0m $12.9m $14.6m
Accounts Payable, Current $24.8m $29.1m $14.3m $14.8m $16.6m $24.3m $20.0m $17.7m $26.7m $24.3m
Operating Lease, Liability, Noncurrent $25.5m $56.6m $53.8m $68.8m $88.3m $95.6m $92.8m
Deferred Revenue, Current $40.7m $46.9m
Liabilities, Current $226.8m $238.1m $80.5m $95.2m $118.7m $97.9m $99.7m $97.0m $111.0m $109.8m
Deferred Income Tax Liabilities, Net $18.3m $20.3m $26.0m $26.2m $26.7m $26.5m $41.4m
Other Liabilities, Noncurrent $1.7m $1.2m $13k $3k $37k $436k $410k $1.4m $1.4m
Long-term Debt $140.9m $107.8m
Deferred Tax Liabilities, Net $23.7m $18.4m $6.5m $18.3m $20.3m $26.0m $26.2m $26.7m $26.5m $41.4m
Liabilities $318.8m $317.6m $110.4m $246.9m $270.2m $177.7m $195.1m $212.4m $234.6m $245.4m
Stockholders’ equity:
Common Stock, Value, Issued $515k $523k $527k $531k $533k $536k $538k $540k $541k $542k
Retained Earnings (Accumulated Deficit) $650.9m $854.2m $1.1b $1.3b $1.6b $1.9b $2.0b $2.2b $2.5b $2.7b
Accumulated Other Comprehensive Income (Loss), Net of Tax ($910k) ($724k) ($453k) ($533k) ($57k) $511k
Additional Paid in Capital, Common Stock $212.6m $232.7m $256.8m $270.9m $282.5m $296.7m $309.3m $322.5m $336.7m $350.4m
Stockholders' Equity Attributable to Parent $773.7m $986.0m $1.2b $1.4b $1.6b $1.0b $637.6m $718.0m $783.9m $746.9m
Liabilities and Equity $1.1b $1.3b $1.3b $1.7b $1.8b $1.2b $832.7m $930.5m $1.0b $992.3m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.