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American Public Education APEI RU — Total Revenue

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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+82.7%
Enterprise value$888.71M+66.7%
P/E23.7×+0.9×
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-K, filed March 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Public Education's RU — total revenue?
American Public Education (APEI) reported RU — total revenue of $66.63M in Q4 2025.
How has American Public Education's RU — total revenue changed year-over-year?
American Public Education's RU — total revenue increased by 15.9% year-over-year, from $57.49M to $66.63M.
What is the long-term trend for American Public Education's RU — total revenue?
Over 4 years (2021 to 2025), American Public Education's RU — total revenue has grown at a 28.8% compound annual growth rate (CAGR), from $89.48M to $246.23M.
What does RU — total revenue mean?
This metric represents the total gross income generated by the Rasmussen University segment through its educational service offerings. It serves as a primary indicator of the segment's market scale and its contribution to the parent company's consolidated top-line performance.