What is American Public Education's total revenue?

American Public Education (APEI) reported total revenue of $174.74M in Q1 2026.

How has American Public Education's total revenue changed year-over-year?

American Public Education's total revenue increased by 6.2% year-over-year, from $164.55M to $174.74M.

What is the long-term trend for American Public Education's total revenue?

Over 4 years (2021 to 2025), American Public Education's total revenue has grown at a 11.6% compound annual growth rate (CAGR), from $418.8M to $648.86M.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

American Public Education APEI Total Revenue

Total Revenue at other companies

Strategic Education, Inc.STRA

$305.93M+0.8%

Universal Technical InstituteUTI

$221.4M+6.7%

Grand Canyon EducationLOPE

$308.76M+6.7%

PRD

Perdoceo EducationPRDO

$221.74M+4.1%

Segments

By product

See full

Instructional services, net of grants and scholarships$158.86M+5.7%

Textbook and other course materials$12.24M+3.5%

Other fees$2.53M+94.5%

Graduation fees$1.11M+2.4%

By segment

See full

Military+ Segment$89.44M—

Health+$85.36M—

Other financials

Income statement

See full

Gross profit$100.1M+11.7%

Operating income$21.6M+76.7%

Net income$17.7M+99.4%

EPS (diluted)$0.94+129%

Balance sheet

See full

Cash & equivalents$221.0M+17.9%

Total debt$153.5M-22.8%

Total equity$306.2M-1.2%

Total assets$537.9M-7.0%

Cash flow

See full

Operating cash flow$63.3M+71.1%

CapEx$2.5M-35.2%

Free cash flow$60.8M+83.6%

Valuation

See full

Market cap$956.25M+77.9%

Enterprise value$888.71M+62.0%

P/E23.7×+0.3×

P/S1.5×+0.6×

Profitability

See full

Gross margin55%+2.0pp

Operating margin8.7%+2.4pp

Net margin6.1%+2.5pp

FCF margin9.4%—

Returns & leverage

See full

Return on equity13.1%+5.4pp

Debt / equity0.5×-0.1×

Current ratio3×-0.3×

Where this comes from

Reported directly by American Public Education in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: American Public Education’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is American Public Education's total revenue?: American Public Education (APEI) reported total revenue of $174.74M in Q1 2026.
How has American Public Education's total revenue changed year-over-year?: American Public Education's total revenue increased by 6.2% year-over-year, from $164.55M to $174.74M.
What is the long-term trend for American Public Education's total revenue?: Over 4 years (2021 to 2025), American Public Education's total revenue has grown at a 11.6% compound annual growth rate (CAGR), from $418.8M to $648.86M.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.