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+35.6% | $3.88M+58.2% | $3.76M+48.2% | $3.33M+56.7% | $2.88M+40.2% | |
| Instructional services, net of grants and scholarships | $600.34M+2.8% | $591.82M+2.8% | $599.7M+6.0% | $592.28M+4.9% | $583.76M+4.4% | |
| Other fees | $6.72M+50.8% | $5.49M+31.1% | $5.02M+23.9% | $4.67M+17.6% | $4.46M+13.6% | |
| Textbook and other course materials | $48.08M+10.3% | $47.67M+12.9% | $46.15M+13.3% | $44.27M+9.8% | $43.59M+8.9% |
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.
