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

Grand Canyon Education brought in $1.1B of revenue in fiscal 2025, TAL Education $3B in fiscal 2026. Revenue changed by +7.1% at Grand Canyon Education and +33.7% at TAL Education on the year before, so TAL Education grew faster. Grand Canyon Education kept 19.5% of its revenue as net profit, TAL Education 17.6%. Free cash flow was $238.6M at Grand Canyon Education and $508.3M at TAL Education.

Side by side, latest fiscal year

LOPETAL
Fiscal year endedFY2025 (December 31, 2025)FY2026 (February 28, 2026)
Revenue$1.1B$3B
Revenue growth+7.1%+33.7%
Net income$216.2M$530.8M
Net margin19.5%17.6%
Free cash flow$238.6M$508.3M
Free cash flow margin21.6%16.9%
Earnings per share (diluted)$7.71$2.75
Cash$111.8M$1.5B
Debtn/an/a
Price to earnings19.1n/a
Market value$3.8B$6.7B
Dividend yieldn/an/a
Rank by revenue in sector#58 of 162 · Real estate#21 of 162 · Real estate

Over the years

Revenue
LOPE FY2018: $845.5MLOPE FY2019: $778.6MLOPE FY2020: $844.1MLOPE FY2021: $896.6MLOPE FY2022: $911.3MLOPE FY2023: $960.9MLOPE FY2024: $1BLOPE FY2025: $1.1BTAL FY2019: $2.6BTAL FY2020: $3.3BTAL FY2021: $4.5BTAL FY2022: $4.4BTAL FY2023: $1BTAL FY2024: $1.5BTAL FY2025: $2.3BTAL FY2026: $3BFY18FY19FY20FY21FY22FY23FY24FY25FY26
LOPE $1.1BTAL $3B
Net income
LOPE FY2018: $229MLOPE FY2019: $259.2MLOPE FY2020: $257.2MLOPE FY2021: $260.3MLOPE FY2022: $184.7MLOPE FY2023: $205MLOPE FY2024: $226.2MLOPE FY2025: $216.2MTAL FY2019: $367.2MTAL FY2020: -$110.2MTAL FY2021: -$116MTAL FY2022: -$1.1BTAL FY2023: -$135.6MTAL FY2024: -$3.6MTAL FY2025: $84.6MTAL FY2026: $530.8MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LOPE $216.2MTAL $530.8M
Net margin
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%TAL FY2019: 14.3%TAL FY2020: -3.4%TAL FY2021: -2.6%TAL FY2022: -25.9%TAL FY2023: -13.3%TAL FY2024: -0.2%TAL FY2025: 3.8%TAL FY2026: 17.6%FY18FY19FY20FY21FY22FY23FY24FY25FY26
LOPE 19.5%TAL 17.6%
Revenue growth
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%TAL FY2020: +27.7%TAL FY2021: +37.3%TAL FY2022: -2.3%TAL FY2023: -76.8%TAL FY2024: +46.2%TAL FY2025: +51.0%TAL FY2026: +33.7%FY19FY20FY21FY22FY23FY24FY25FY26
LOPE +7.1%TAL +33.7%
Free cash flow
LOPE FY2018: $104.6MLOPE FY2019: $284MLOPE FY2020: $279.4MLOPE FY2021: $284.2MLOPE FY2022: $185.6MLOPE FY2023: $199.1MLOPE FY2024: $252.7MLOPE FY2025: $238.6MTAL FY2019: $56MTAL FY2020: $677.8MTAL FY2021: $709.7MTAL FY2022: -$1.2BTAL FY2023: -$103MTAL FY2024: $193.4MTAL FY2025: $286.2MTAL FY2026: $508.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LOPE $238.6MTAL $508.3M

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

Questions about Grand Canyon Education and TAL Education

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

TAL Education is bigger by revenue: $3B in fiscal 2026, against $1.1B for Grand Canyon Education in fiscal 2025.

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

Grand Canyon Education had a net margin of 19.5% in fiscal 2025; TAL Education had 17.6% in fiscal 2026.

Which grew revenue faster, Grand Canyon Education or TAL Education?

In their latest fiscal years revenue changed by +7.1% at Grand Canyon Education and +33.7% at TAL 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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