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American Public Education (APEI)
NASDAQ:APEI
US Market
APEI
American Public Education
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American Public Education (APEI) Income Statement

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American Public Education Income Statement

Last quarter (Q4 2025), American Public Education's total revenue was $158.33M, a decrease of -3.52% from the same quarter last year. In Q4, American Public Education's net income was $12.61M. See American Public Education’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 648.86M$ 624.56M$ 600.54M$ 606.33M$ 418.80M
Gross Profit
$ 335.69M$ 328.86M$ 307.68M$ 317.86M$ 246.18M
Operating Expenses
$ 281.83M$ 295.79M$ 355.99M$ 455.20M$ 215.81M
Depreciation and Amortization
$ 16.15M$ 19.30M$ 27.82M$ 32.13M$ 17.83M
EBITDA
$ 70.01M$ 52.37M$ -20.49M$ -101.39M$ 48.20M
Operating Income
$ 53.86M$ 33.07M$ -48.31M$ -137.35M$ 30.37M
Other Income/Expenses
$ -10.15M$ -2.13M$ -9.70M$ -13.92M$ -5.11M
Pretax Income
$ 43.70M$ 30.94M$ -58.00M$ -151.27M$ 25.26M
Net Income
$ 31.56M$ 16.11M$ -47.29M$ -114.99M$ 17.75M
Per Share Metrics
Basic EPS
$ 1.40$ 0.57$ -2.94$ -6.10$ 0.98
Diluted EPS
$ 1.36$ 0.55$ -2.94$ -6.08$ 0.97
Weighted Average Shares Outstanding
 18.01M 17.63M 18.11M 18.86M 18.09M
Weighted Average Shares Outstanding (Diluted)
 18.66M 18.15M 18.19M 18.91M 18.25M
Currency in USD

American Public Education Earnings and Revenue History