American Public Education APEI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Health+ | $85.36M+11.0% | —— | —— | —— | $76.93M— | |
| Military+ Segment | $89.44M+6.5% | —— | —— | —— | $83.95M— | |
| Revenue by Product | ||||||
| Graduation fees | $1.11M+2.4% | $660K+22.0% | $1.23M+54.3% | $910K+98.3% | $1.09M+64.7% | |
| Instructional services, net of grants and scholarships | $158.86M+5.7% | $142.93M-5.2% | $148.79M+5.3% | $149.77M+6.0% | $150.34M+5.7% | |
| Other fees | $2.53M+94.5% | $1.58M+42.0% | $1.39M+34.2% | $1.22M+21.1% | $1.3M+25.8% | |
| Textbook and other course materials | $12.24M+3.5% | $13.16M+13.0% | $11.82M+18.9% | $10.87M+6.7% | $11.82M+13.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does American Public Education break its business down?
- American Public Education (APEI) reports revenue by business across 2 parts — Health+ and Military+ Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does American Public Education's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in American Public Education's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
