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American Public Education APEI Other fees — Revenue

Other product segments

Instructional services, net of grants and scholarships
$156.26M+4.3%
Textbook and other course materials
$13.05M+20.1%
Graduation fees
$1.24M+36.4%

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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$931.48M+63.8%
Enterprise value$938.4M+59.6%
P/E20.4×-0.6×
P/S1.4×+0.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemMilitary+Health+Corporate and OtherConsolidated
Instructional services, net of grants and scholarships$84,009$72,278$(23)$156,264
Graduation fees1,2411,241
Textbook and other course materials13,05013,050
Other fees2888881,176
Total Revenue$85,538$86,216$(23)$171,731

Item 1. Financial Statements

FAQ

What is American Public Education's other fees — revenue?
American Public Education (APEI) reported other fees — revenue of $1.18M in Q2 2026.
How has American Public Education's other fees — revenue changed year-over-year?
American Public Education's other fees — revenue decreased by 3.7% year-over-year, from $1.22M to $1.18M.
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.

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