4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
American Public Education, Inc. (APEI) operates in the Education & Training Services industry and is headquartered in Charles Town, United States with about 2,360 employees. Its market capitalization is roughly $875 million. In the fiscal year ended 2025-12-31, APEI reported $649M in revenue and $32M in net income.
American Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education services in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing.
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| Income statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Total Revenue | $649M | $625M | $600M | $606M | — |
| Gross Profit | $352M | $329M | $308M | $318M | — |
| Operating Income (EBIT) | $54M | $39M | $19M | $11M | — |
| Net Income | $32M | $16M | ($47M) | ($115M) | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Total Revenue | $175M | $158M | $163M | $163M | $165M | — |
| Gross Profit | $100M | $89M | $88M | $84M | $90M | — |
| Operating Income (EBIT) | $22M | $19M | $14M | $7M | $14M | — |
| Net Income | $18M | $13M | $6M | $4M | $9M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Dividends Paid | ($3M) | ($6M) | ($6M) | $0M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Dividends Paid | $0M | $0M | $0M | ($1M) | ($1M) | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Total Assets | $521M | $570M | $557M | $615M | — |
| Total Liabilities | $227M | $266M | $265M | $265M | — |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive APEI viewer.
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