American Public Education APEI Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Graduation fees | $3.91M+0.7% | $3.88M+3.2% | $3.76M+12.9% | $3.33M+15.7% | $2.88M+17.4% | |
| Instructional services, net of grants and scholarships | $600.34M+1.4% | $591.82M-1.3% | $599.7M+1.3% | $592.28M+1.5% | $583.76M+1.4% | |
| Other fees | $6.72M+22.3% | $5.49M+9.3% | $5.02M+7.6% | $4.67M+4.8% | $4.46M+6.3% | |
| Textbook and other course materials | $48.08M+0.9% | $47.67M+3.3% | $46.15M+4.2% | $44.27M+1.6% | $43.59M+3.2% |
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.
