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Covista vs Grand Canyon Education: revenue, profit, margins and growth compared

Covista brought in $2B of revenue in fiscal 2026, Grand Canyon Education $1.1B in fiscal 2025. Revenue changed by +9.3% at Covista and +7.1% at Grand Canyon Education on the year before, so Covista grew faster. Covista kept 12.9% of its revenue as net profit, Grand Canyon Education 19.5%. Free cash flow was $392.7M at Covista and $238.6M at Grand Canyon Education.

Side by side, latest fiscal year

CVSALOPE
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$2B$1.1B
Revenue growth+9.3%+7.1%
Net income$251.6M$216.2M
Net margin12.9%19.5%
Free cash flow$392.7M$238.6M
Free cash flow margin20.1%21.6%
Earnings per share (diluted)$7.04$7.71
Cash$406.3M$111.8M
Debt$662.9Mn/a
Price to earnings17.119.1
Market value$4.1B$3.8B
Dividend yieldn/an/a
Rank by revenue in sector#34 of 162 · Real estate#58 of 162 · Real estate

Over the years

Revenue
CVSA FY2019: $1BCVSA FY2020: $866.4MCVSA FY2021: $899.2MCVSA FY2022: $1.4BCVSA FY2023: $1.5BCVSA FY2024: $1.6BCVSA FY2025: $1.8BCVSA FY2026: $2BLOPE FY2018: $845.5MLOPE FY2019: $778.6MLOPE FY2020: $844.1MLOPE FY2021: $896.6MLOPE FY2022: $911.3MLOPE FY2023: $960.9MLOPE FY2024: $1BLOPE FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CVSA $2BLOPE $1.1B
Net income
CVSA FY2019: $95.2MCVSA FY2020: -$85.3MCVSA FY2021: $70MCVSA FY2022: $311MCVSA FY2023: $93.4MCVSA FY2024: $136.8MCVSA FY2025: $237.1MCVSA FY2026: $251.6MLOPE FY2018: $229MLOPE FY2019: $259.2MLOPE FY2020: $257.2MLOPE FY2021: $260.3MLOPE FY2022: $184.7MLOPE FY2023: $205MLOPE FY2024: $226.2MLOPE FY2025: $216.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CVSA $251.6MLOPE $216.2M
Net margin
CVSA FY2019: 9.4%CVSA FY2020: -9.8%CVSA FY2021: 7.8%CVSA FY2022: 22.5%CVSA FY2023: 6.4%CVSA FY2024: 8.6%CVSA FY2025: 13.3%CVSA FY2026: 12.9%LOPE FY2018: 27.1%LOPE FY2019: 33.3%LOPE FY2020: 30.5%LOPE FY2021: 29.0%LOPE FY2022: 20.3%LOPE FY2023: 21.3%LOPE FY2024: 21.9%LOPE FY2025: 19.5%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CVSA 12.9%LOPE 19.5%
Revenue growth
CVSA FY2020: -14.5%CVSA FY2021: +3.8%CVSA FY2022: +53.7%CVSA FY2023: +5.0%CVSA FY2024: +9.2%CVSA FY2025: +12.9%CVSA FY2026: +9.3%LOPE FY2019: -7.9%LOPE FY2020: +8.4%LOPE FY2021: +6.2%LOPE FY2022: +1.6%LOPE FY2023: +5.4%LOPE FY2024: +7.5%LOPE FY2025: +7.1%FY19FY20FY21FY22FY23FY24FY25FY26
CVSA +9.3%LOPE +7.1%
Free cash flow
CVSA FY2019: $147.3MCVSA FY2020: $68.1MCVSA FY2021: $152.3MCVSA FY2022: -$20.5MCVSA FY2023: $165.9MCVSA FY2024: $246.9MCVSA FY2025: $287.6MCVSA FY2026: $392.7MLOPE FY2018: $104.6MLOPE FY2019: $284MLOPE FY2020: $279.4MLOPE FY2021: $284.2MLOPE FY2022: $185.6MLOPE FY2023: $199.1MLOPE FY2024: $252.7MLOPE FY2025: $238.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CVSA $392.7MLOPE $238.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Covista and Grand Canyon Education

Which is bigger by revenue, Covista or Grand Canyon Education?

Covista is bigger by revenue: $2B in fiscal 2026, against $1.1B for Grand Canyon Education in fiscal 2025.

Which keeps more of its revenue as profit, Covista or Grand Canyon Education?

Covista had a net margin of 12.9% in fiscal 2026; Grand Canyon Education had 19.5% in fiscal 2025.

Which grew revenue faster, Covista or Grand Canyon Education?

In their latest fiscal years revenue changed by +9.3% at Covista and +7.1% at Grand Canyon Education.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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