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American Public Education APEI Textbook and other course materials — Revenue

Other product segments

Instructional services, net of grants and scholarships
$158.86M+5.7%
Other fees
$2.53M+94.5%
Graduation fees
$1.11M+2.4%

Similar metrics at other companies

Laureate Education, Inc. logo
LAURTuition and educational services — Revenue
$336.11M+18.5%
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MHHigher Education — Revenue
$258.25M+1.6%
John Wiley & Sons, Inc. logo
WLYBAcademic — Revenue, net
$96.19M-4.0%
Laureate Education, Inc. logo
LAURTuition — Revenue
$511.67M+10.8%
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MHTransactional Revenue — Revenue
$90.22M+4.6%
Laureate Education, Inc. logo
LAURGross revenue — Revenue
$393.59M+17.7%

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 ratio3×-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 textbook and other course materials — revenue?
American Public Education (APEI) reported textbook and other course materials — revenue of $12.24M in Q1 2026.
How has American Public Education's textbook and other course materials — revenue changed year-over-year?
American Public Education's textbook and other course materials — revenue increased by 3.5% year-over-year, from $11.82M to $12.24M.
What is the long-term trend for American Public Education's textbook and other course materials — revenue?
Over 4 years (2021 to 2025), American Public Education's textbook and other course materials — revenue has grown at a 24.0% compound annual growth rate (CAGR), from $20.16M to $47.67M.
What does textbook and other course materials — revenue mean?
This metric represents the total gross revenue generated from the sale or licensing of textbooks, digital courseware, and supplementary educational materials within a specific business segment. It reflects the demand for ancillary academic resources provided to students enrolled in degree programs. Monitoring this revenue stream helps assess the contribution of non-tuition educational products to the overall financial performance of the institution.