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American Public Education APEI Military+ Segment — Net Interest Expense

Other segment segments

Health+
$361K

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Other financials

Income statement

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Revenue$171.7M+5.5%
Gross profit$95.1M+12.7%
Operating income$13.5M+92.5%
Net income$9.8M+117%
EPS (diluted)$0.52+2,700%

Balance sheet

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Cash & equivalents$146.5M-17.0%
Total debt$153.5M-21.6%
Total equity$314.1M+15.4%
Total assets$537.7M+0.1%

Cash flow

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Operating cash flow$12.1M-18.0%
CapEx$4.7M+28.2%
Free cash flow$7.4M-33.4%

Valuation

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Market cap$939.92M+74.5%
Enterprise value$946.84M+69.7%
P/E20.6×+0.7×
P/S1.4×+0.6×

Profitability

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Gross margin55.9%+2.5pp
Operating margin9.6%+2.6pp
Net margin6.8%+2.6pp
FCF margin9.4%

Returns & leverage

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Return on equity15.6%+5.9pp
Debt / equity0.5×-0.2×
Current ratio3.2×+0.4×

Where this comes from

Reported directly by American Public Education in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

The source filing: American Public Education’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001201792-26-000012
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Corporate and Other414420797753
Total consolidated depreciation and amortization$3,953$4,088$8,107$8,080
Interest income (expense), net
Military+ Segment$465$362$888$681
Health+ Segment361218512684
Total reportable segment interest income (expense), net$826$580$1,400$1,365
Corporate and Other(192)(1,688)(1,491)(3,360)
Total consolidated interest income (expense), net$634$(1,108)$(91)$(1,995)

Item 1. Financial Statements

FAQ

What is American Public Education's military+ segment — net interest expense?
American Public Education (APEI) reported military+ segment — net interest expense of $465K in Q2 2026.
What does military+ segment — net interest expense mean?
This reflects the net interest costs incurred by the Military+ segment, typically related to debt financing or capital leases allocated to its operations. It highlights the impact of the segment's capital structure on its bottom-line performance.

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