Grand Canyon Education, Inc. (LOPE) Q3 2026 Earnings Call Transcript
Grand Canyon Education, Inc. (LOPE) Q3 2026 Earnings Call November 4, 2026 4:30 PM EST
Company Participants
Sarah Collins – General Counsel
Brian Mueller – Chairman & CEO
Conference Call Participants
Jasper Bibb – Truist Securities, Inc., Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to the Q3 2026 Grand Canyon Education Earnings Conference Call. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Sarah Collins, General Counsel. Please go ahead.
Sarah Collins
General Counsel
Joining me on today’s call is our Chairman and CEO, Brian Mueller. Please note that many of our comments today will contain forward-looking statements that involve risks and uncertainties. Various factors could cause our actual results to be materially different from any future results expressed or implied by such statements. These factors are discussed in our SEC filings, including our annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. We undertake no obligation to provide updates with regard to the forward-looking statements made during this call, and we recommend that all investors review these reports thoroughly before taking a financial position in GCE.
With that, I’ll turn the call over to Brian.
Brian Mueller
Chairman & CEO
Good afternoon, and thank you for joining Grand Canyon Education’s Third Quarter 2026 Conference Call. Total new enrollments for all 3 platforms were flat for the quarter, while total enrollments were up 5.2%. Total revenue was up 2.4%. As a reminder, the difference between the total enrollment growth rate and the revenue growth rate is largely a result of $7.5 million of service revenue moving from the third quarter to the fourth quarter due to the late fall semester start date.
