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FY'25FY'24FY'23FY'22
Additions/ (Reductions) by Business
APUS$3.54M+55.0%$2.28M-15.3%$2.69M+62.5%$1.66M-2.1%
Corporate and Other-$623K-186%$728K+79.8%$405K+207%$132K
HCN$8.16M+13.2%$7.21M+26.7%$5.69M+20.9%$4.71M+9.6%
RU Segment$9.71M+16.3%$8.35M-4.0%$8.69M+0.4%$8.66M+46.7%
SEC Schedule, 12-09, Valuation Allowances and Reserves, Deduction by Business
APUS$2.37M+15.0%$2.06M+25.9%$1.64M-3.7%$1.7M-20.7%
Corporate and Other$642K$0$0$0
HCN$6.44M+29.8%$4.96M+10.3%$4.5M+13.3%$3.97M+111%
RU Segment$9.5M+24.6%$7.63M-18.2%$9.32M+23.4%$7.55M+207%
Revenue by Product
Graduation fees$3.88M+58.2%$2.45M+39.1%$1.76M+30.9%$1.35M+3.0%
Instructional services, net of grants and scholarships$591.82M+2.8%$575.69M+3.8%$554.71M0.0%$554.7M+40.6%
Other fees$5.49M+31.1%$4.19M+10.1%$3.81M-16.8%$4.57M+66.4%
Textbook and other course materials$47.67M+12.9%$42.23M+4.9%$40.26M-11.9%$45.7M+127%

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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.