In this study, our primary focus lies in meticulously exploring the intricacies of the universe by employing a flat Friedmann–Lemaître–Robertson–Walker (FLRW) model within the framework of [Formula: see text] gravity. In our analysis, the [Formula: see text] function is delineated as the sum of two distinct components, commencing with a quadratic correction of the geometric term denoted by [Formula: see text], structured as [Formula: see text], alongside a matter term denoted by [Formula: see text], where [Formula: see text] and [Formula: see text] symbolize the Ricci scalar and Gauss–Bonnet invariant, respectively. In the pursuit of solutions to the gravitational field equations within the [Formula: see text] formalism, we embrace a specific expression for the scale factor, represented as [Formula: see text] [D. Rabha and R. R. Baruah, The dynamics of a hyperbolic solution in [Formula: see text] gravity, Astron. Comput. 45 (2023) 100761]. In this context, the parameters [Formula: see text] and [Formula: see text] intricately shape the scale factor’s behavior. The model posits the intriguing prospect of perpetual cosmic acceleration when [Formula: see text], signifying a continuous expansion of the universe. Conversely, for [Formula: see text], the model proposes a pivotal transition from an early deceleration phase to the present accelerated epoch, a transformative shift in line with our understanding of cosmic evolution. Furthermore, the model demonstrates its credibility by satisfying Jean’s instability condition during the shift from a radiation-dominated era to a matter-dominated era, substantiating the formation of cosmic structures. In our analysis, a central focus is directed toward scrutinizing the equation of state parameter [Formula: see text] within our model. We delve into a comprehensive examination of the scalar field and meticulously assess the energy conditions surrounding the derived solution. To establish the robustness of our model, we deploy an array of diagnostic tools, including the Jerk, Snap, and Lerk parameters, along with the Om diagnostic, Classical stability of the model, and statefinder diagnostic tools, Observational Constraints on the Model Parameters. The outcomes, intertwined with a detailed analysis of both the results and the inherent intricacies of the model, are diligently clarified and presented.