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American Public Education APEI Total Liabilities & Equity

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Other financials

Income statement

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Revenue$171.7M+5.5%
Gross profit$95.1M+12.7%
Operating income$13.5M+92.5%
Net income$9.8M+117%
EPS (diluted)$0.52+2,700%

Balance sheet

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Cash & equivalents$146.5M-17.0%
Total debt$153.5M-21.6%
Total equity$314.1M+15.4%
Total assets$537.7M+0.1%

Cash flow

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Operating cash flow$12.1M-18.0%
CapEx$4.7M+28.2%
Free cash flow$7.4M-33.4%

Valuation

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Market cap$931.48M+63.8%
Enterprise value$938.4M+59.6%
P/E20.4×-0.6×
P/S1.4×+0.5×

Profitability

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Gross margin55.9%+2.5pp
Operating margin9.6%+2.6pp
Net margin6.8%+2.6pp
FCF margin9.4%

Returns & leverage

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Return on equity15.6%+5.9pp
Debt / equity0.5×-0.2×
Current ratio3.2×+0.4×

Where this comes from

Reported directly by American Public Education in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesAndStockholdersEquity.

The source filing: American Public Education’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001201792-26-000012
ASSETSAs of June 30, 2026 / (Unaudited)As of December 31, 2025
Commitments and contingencies (Note 10)
Stockholders’ equity:
Common stock, $.01 par value; 100,000,000 shares authorized; 18,367,887 and 18,125,860; issued and outstanding in 2026 and 2025183181
Additional paid-in capital307,878311,119
Accumulated other comprehensive loss(7)(18)
Retained earnings (deficit)6,003(16,500)
Total stockholders’ equity314,057294,782
Total liabilities and stockholders’ equity$537,746$521,418

Item 1. Financial Statements

FAQ

What is American Public Education's total liabilities & equity?
American Public Education (APEI) reported total liabilities & equity of $537.75M in Q2 2026.
How has American Public Education's total liabilities & equity changed year-over-year?
American Public Education's total liabilities & equity increased by 0.1% year-over-year, from $537.37M to $537.75M.
What is the long-term trend for American Public Education's total liabilities & equity?
Over 5 years (2020 to 2025), American Public Education's total liabilities & equity has grown at a 7.0% compound annual growth rate (CAGR), from $371.02M to $521.42M.
What does total liabilities & equity mean?
Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

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