Grand Canyon Education placed its Chief Financial Officer, Daniel E. Bachus, on paid administrative leave effective August 21, 2026, due to an ongoing governmental investigation involving a non-employee third party's trades in the company's stock. The filing clarifies that the leave is unrelated to the company's financial statements or accounting practices and that the company itself is not a focus of the investigation. Lori Browning, Senior Vice President & Controller, was appointed as interim Chief Financial Officer and interim principal financial officer effective the same date. Grand Canyon Education operates in the higher education sector, providing online degree programs through its subsidiary University of Phoenix.

Grand Canyon Education reported second quarter 2026 results with service revenue increasing 6.7% to $264.0 million and diluted net income per share rising 18.2% to $1.75. Operating income grew 12.3% to $58.2 million, while adjusted EBITDA increased 8.9% to $73.4 million. The company provided full-year 2026 guidance projecting service revenue between $1.165 billion and $1.172 billion and diluted EPS between $9.93 and $10.07. Grand Canyon Education operates in the education services industry, providing support services to university partners in the post-secondary sector.

Jack A. Henry resigned from the Board of Directors of Grand Canyon Education, Inc. on June 22, 2026, after serving since November 2008. Consequently, the Board implemented leadership changes for its committees effective June 23, 2026, appointing Dr. Chevy Humphrey as Chair of the Audit Committee and Kevin Warren as Chair of the Compensation Committee. Grand Canyon Education, Inc. is an education services company.

On June 10, 2026, Grand Canyon Education, Inc. held its 2026 Annual Meeting of Stockholders. Stockholders approved the adoption of the 2026 Equity Incentive Plan, ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved executive officer compensation on an advisory basis. Additionally, the company elected six directors: Brian E. Mueller, Sara Ward, Jack A. Henry, Lisa Graham Keegan, Chevy Humphrey, and Kevin F. Warren. The company operates in the education industry and provides academic services and support for its university.