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American Public Education APEI Other fees — Revenue

Other product segments

Instructional services, net of grants and scholarships
$158.86M+5.7%
Textbook and other course materials
$12.24M+3.5%
Graduation fees
$1.11M+2.4%

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Other financials

Income statement

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Revenue$174.7M+6.2%
Gross profit$100.1M+11.7%
Operating income$21.6M+76.7%
Net income$17.7M+99.4%
EPS (diluted)$0.94+129%

Balance sheet

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Cash & equivalents$221.0M+17.9%
Total debt$153.5M-22.8%
Total equity$306.2M-1.2%
Total assets$537.9M-7.0%

Cash flow

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Operating cash flow$63.3M+71.1%
CapEx$2.5M-35.2%
Free cash flow$60.8M+83.6%

Valuation

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Market cap$956.25M+77.9%
Enterprise value$888.71M+62.0%
P/E23.7×+0.3×
P/S1.5×+0.6×

Profitability

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Gross margin55%+2.0pp
Operating margin8.7%+2.4pp
Net margin6.1%+2.5pp
FCF margin9.4%

Returns & leverage

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Return on equity13.1%+5.4pp
Debt / equity0.5×-0.1×
Current ratio-0.3×

Where this comes from

Reported directly by American Public Education in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: American Public Education’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Public Education's other fees — revenue?
American Public Education (APEI) reported other fees — revenue of $2.53M in Q1 2026.
How has American Public Education's other fees — revenue changed year-over-year?
American Public Education's other fees — revenue increased by 94.5% year-over-year, from $1.3M to $2.53M.
What is the long-term trend for American Public Education's other fees — revenue?
Over 4 years (2021 to 2025), American Public Education's other fees — revenue has grown at a 18.9% compound annual growth rate (CAGR), from $2.75M to $5.49M.
What does other fees — revenue mean?
This metric represents the total revenue generated from ancillary services, administrative charges, or supplemental academic fees outside of standard tuition. It captures income streams that support the broader educational ecosystem, reflecting the company's ability to monetize non-core service offerings. Monitoring this revenue helps investors assess the diversification of the company's income base beyond primary tuition models.