marketcaparena
Search

    APEI

    AMERICAN PUBLIC EDUCATION INC

    Company overview

    Market capitalization
    $743.41M
    Employees
    2,360
    Latest publication
    2026-09-29
    About AMERICAN PUBLIC EDUCATION INC

    American Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education services in the United States. It operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing. The company offers 181 degree programs, 110 certificate programs, and four diploma programs in various fields of study, including public service-focused fields, such as nursing, national security, military studies, intelligence, and homeland security, as well as traditional academic fields comprising business, health science, information technology, justice studies, education, and liberal arts; and career learning and leadership training in-person and online to the federal workforce. It also provides nursing-and health sciences-focused postsecondary education; and pre-licensure nursing education services focusing on a diploma in practical nursing and associate degree in nursing, as well as a bachelor of science in nursing. The company was incorporated in 1991 and is headquartered in Charles Town, West Virginia.

    Company website

    Financial statements

    Income Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Revenue171,731,000USD174,738,000USD158,330,000USD163,215,000USD162,766,000USD164,551,000USD164,110,000USD153,122,000USD
    Operating Income13,526,000USD21,797,000USD19,054,000USD9,697,000USD7,025,000USD12,246,000USD21,535,000USD4,129,000USD
    Income Before Tax14,160,000USD19,246,000USD17,801,000USD8,628,000USD5,917,000USD11,359,000USD20,950,000USD3,498,000USD
    Income Tax Expense4,387,000USD1,515,000USD5,193,000USD3,068,000USD1,421,000USD2,466,000USD7,986,000USD1,236,000USD
    Net Income9,773,000USD17,731,000USD12,608,000USD5,560,000USD4,496,000USD8,893,000USD12,964,000USD2,262,000USD
    Cost Of Revenue—78,784,000USD73,077,000USD74,698,000USD78,423,000USD74,944,000USD71,661,000USD75,401,000USD
    Gross Profit—95,954,000USD85,253,000USD88,517,000USD84,343,000USD89,607,000USD92,449,000USD77,721,000USD
    Selling General Administrative—36,290,000USD35,339,000USD34,689,000USD38,147,000USD36,407,000USD36,228,000USD35,030,000USD
    Selling And Marketing Expenses—37,867,000USD30,860,000USD36,139,000USD35,048,000USD35,205,000USD29,057,000USD33,459,000USD
    Total Operating Expenses—74,157,000USD66,199,000USD78,820,000USD77,318,000USD77,361,000USD70,914,000USD73,592,000USD
    Interest Expense—725,000USD1,166,000USD1,069,000USD1,108,000USD887,000USD585,000USD631,000USD
    Net Interest Income—-725,000USD-1,166,000USD-1,069,000USD-1,108,000USD-887,000USD-585,000USD-631,000USD
    Tax Provision—1,515,000USD5,193,000USD3,068,000USD1,421,000USD2,466,000USD7,986,000USD1,236,000USD
    Net Income From Continuing Ops—17,731,000USD12,608,000USD5,560,000USD4,496,000USD8,893,000USD12,964,000USD2,262,000USD
    Ebit—19,971,000USD18,967,000USD13,743,000USD7,060,000USD14,003,000USD24,101,000USD4,129,000USD
    Ebitda—24,125,000USD23,089,000USD17,689,000USD11,148,000USD17,995,000USD27,964,000USD9,209,000USD
    Depreciation And Amortization—4,154,000USD4,122,000USD3,946,000USD4,088,000USD3,992,000USD3,863,000USD5,080,000USD
    Reconciled Depreciation—4,154,000USD4,122,000USD3,946,000USD4,088,000USD3,992,000USD3,863,000USD5,080,000USD
    Total Other Income Expense Net—-2,551,000USD-1,253,000USD-1,069,000USD-1,108,000USD-887,000USD-585,000USD-631,000USD
    Unclassified Operating Expenses———7,992,000USD4,123,000USD5,749,000USD5,629,000USD5,103,000USD
    Source0001104659-26-093372PreliminaryLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Income Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20182018-12-31 · USDFY 20162016-12-31 · USDFY 20152015-12-31 · USDFY 20142014-12-31 · USDFY 20132013-12-31 · USD
    Total Revenue648,862,000USD418,803,000USD321,785,000USD297,687,000USD313,139,000USD327,910,000USD350,020,000USD329,479,000USD
    Cost Of Revenue313,168,000USD172,622,000USD122,161,000USD115,280,000USD117,013,000USD118,848,000USD123,765,000USD112,784,000USD
    Gross Profit335,694,000USD246,181,000USD199,624,000USD182,407,000USD196,126,000USD209,062,000USD226,255,000USD216,695,000USD
    Selling General Administrative144,582,000USD103,379,000USD88,043,000USD74,456,000USD68,666,000USD73,864,000USD75,073,000USD70,063,000USD
    Selling And Marketing Expenses137,252,000USD93,317,000USD72,989,000USD57,042,000USD59,095,000USD62,397,000USD69,229,000USD65,687,000USD
    Total Operating Expenses281,834,000USD215,810,000USD174,867,000USD148,999,000USD147,145,000USD156,781,000USD160,423,000USD149,258,000USD
    Operating Income53,860,000USD30,371,000USD24,757,000USD33,408,000USD38,276,000USD52,281,000USD65,832,000USD67,437,000USD
    Interest Expense4,230,000USD4,277,000USD617,000USD0USD0USD0USD0USD0USD
    Net Interest Income-4,230,000USD-4,277,000USD1,092,000USD2,915,000USD116,000USD———
    Income Before Tax43,705,000USD25,263,000USD25,849,000USD35,441,000USD38,392,000USD52,396,000USD66,193,000USD67,746,000USD
    Income Tax Expense12,148,000USD7,511,000USD7,020,000USD9,287,000USD14,940,000USD20,072,000USD25,150,000USD25,645,000USD
    Tax Provision12,148,000USD7,511,000USD7,020,000USD9,287,000USD14,940,000USD20,072,000USD——
    Net Income31,557,000USD17,752,000USD18,822,000USD25,639,000USD24,155,000USD32,414,000USD40,877,000USD42,034,000USD
    Net Income From Continuing Ops31,557,000USD18,583,000USD18,829,000USD25,639,000USD24,155,000USD32,324,000USD40,877,000USD42,101,000USD
    Ebit47,935,000USD29,540,000USD25,608,000USD34,290,000USD48,981,000USD53,098,000USD65,947,000USD67,437,000USD
    Ebitda64,083,000USD47,372,000USD38,592,000USD51,791,000USD68,365,000USD73,618,000USD82,068,000USD80,945,000USD
    Depreciation And Amortization16,148,000USD17,832,000USD12,984,000USD17,501,000USD19,384,000USD20,520,000USD16,121,000USD13,508,000USD
    Reconciled Depreciation16,148,000USD17,832,000USD12,984,000USD17,501,000USD————
    Total Other Income Expense Net-10,155,000USD-5,108,000USD1,092,000USD2,033,000USD116,000USD115,000USD361,000USD309,000USD
    Unclassified Operating Expenses—19,114,000USD13,835,000USD17,501,000USD19,384,000USD20,520,000USD16,121,000USD13,508,000USD
    Non Operating Income Net Other—-831,000USD-7,000USD—703,000USD90,000USD-166,000USD-67,000USD
    Net Income Applicable To Common Shares—17,752,000USD18,822,000USD25,639,000USD24,155,000USD32,414,000USD40,877,000USD42,034,000USD
    Interest Income——1,092,000USD2,915,000USD116,000USD115,000USD——
    Research Development———0USD0USD0USD0USD0USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
    Total Assets537,746,000USD537,914,000USD543,432,000USD525,296,000USD537,369,000USD578,661,000USD570,103,000USD569,588,000USD
    Total Current Assets282,520,000USD282,127,000USD259,816,000USD259,110,000USD234,958,000USD272,508,000USD260,572,000USD236,501,000USD
    Total Liabilities223,689,000USD———————
    Total Current Liabilities86,956,000USD94,536,000USD75,050,000USD91,389,000USD82,907,000USD83,431,000USD79,155,000USD89,408,000USD
    Short Long Term Debt1,672,000USD5,063,000USD——————
    Net Receivables35,512,000USD41,977,000USD65,662,000USD51,540,000USD40,071,000USD41,872,000USD63,414,000USD48,008,000USD
    Property Plant Equipment Net69,534,000USD123,725,000USD128,284,000USD132,335,000USD162,090,000USD165,687,000USD168,159,000USD190,292,000USD
    Goodwill59,593,000USD———————
    Intangible Assets—28,221,000USD28,221,000USD28,221,000USD28,221,000USD28,221,000USD28,221,000USD28,234,000USD
    Other Current Assets—19,152,000USD17,655,000USD16,225,000USD19,941,000USD69,039,000USD65,232,000USD26,244,000USD
    Total Liab—231,749,000USD248,650,000USD245,960,000USD265,129,000USD268,649,000USD266,224,000USD279,170,000USD
    Total Stockholder Equity—306,165,000USD294,782,000USD279,336,000USD272,240,000USD310,012,000USD303,879,000USD290,418,000USD
    Other Current Liab—44,960,000USD35,838,000USD48,057,000USD34,426,000USD36,829,000USD34,281,000USD38,091,000USD
    Common Stock—184,000USD181,000USD181,000USD180,000USD180,000USD177,000USD177,000USD
    Capital Stock—184,000USD181,000USD181,000USD180,000USD39,871,000USD39,868,000USD39,868,000USD
    Retained Earnings—231,000USD-16,500,000USD-29,108,000USD-34,668,000USD-34,344,000USD-41,805,000USD-53,310,000USD
    Good Will—59,593,000USD59,593,000USD59,593,000USD59,593,000USD59,593,000USD59,593,000USD59,593,000USD
    Cash—220,998,000USD176,499,000USD191,345,000USD174,946,000USD161,597,000USD131,926,000USD162,249,000USD
    Cash And Short Term Investments—220,998,000USD176,499,000USD191,345,000USD174,946,000USD161,597,000USD131,926,000USD162,249,000USD
    Current Deferred Revenue—25,193,000USD23,016,000USD23,952,000USD24,967,000USD25,087,000USD23,474,000USD27,319,000USD
    Net Debt—-150,743,000USD-13,539,000USD-25,102,000USD20,723,000USD37,110,000USD68,696,000USD41,051,000USD
    Short Term Debt—16,245,000USD11,374,000USD11,672,000USD13,447,000USD13,489,000USD13,553,000USD13,538,000USD
    Short Long Term Debt Total—70,255,000USD162,960,000USD166,243,000USD195,669,000USD198,707,000USD200,622,000USD203,300,000USD
    Long Term Debt—83,203,000USD94,665,000USD94,368,000USD94,062,000USD93,747,000USD93,424,000USD93,092,000USD
    Accounts Payable—8,138,000USD4,822,000USD7,708,000USD10,067,000USD7,849,000USD7,847,000USD10,460,000USD
    Property Plant Equipment Gross—123,725,000USD252,463,000USD132,335,000USD162,090,000USD165,687,000USD300,483,000USD190,292,000USD
    Accumulated Other Comprehensive Income—0USD-18,000USD-27,000USD-28,000USD-48,000USD-7,000USD190,000USD
    Common Stock Shares Outstanding—18,804,000shares18,660,000shares18,755,000shares18,034,000shares18,417,000shares18,366,000shares18,247,000shares
    Non Current Assets Total—255,787,000USD283,616,000USD266,186,000USD302,411,000USD306,153,000USD309,531,000USD333,087,000USD
    Non Current Liabilities Total—137,213,000USD173,600,000USD154,571,000USD182,222,000USD185,218,000USD187,069,000USD189,762,000USD
    Non Currrent Assets Other—6,001,000USD6,328,000USD5,962,000USD6,550,000USD6,586,000USD6,247,000USD3,824,000USD
    Net Working Capital—187,591,000USD184,766,000USD167,721,000USD152,051,000USD189,077,000USD181,417,000USD147,093,000USD
    Unclassified Non Current Assets—38,247,000USD61,190,000USD40,075,000USD45,957,000USD46,066,000USD47,311,000USD51,144,000USD
    Unclassified Current Liabilities—-5,063,000USD——————
    Unclassified Non Current Liabilities—54,010,000USD78,935,000USD60,203,000USD88,160,000USD91,471,000USD93,645,000USD96,670,000USD
    Unclassified Equity—305,566,000USD310,938,000USD308,109,000USD306,576,000USD304,353,000USD305,646,000USD303,493,000USD
    Inventory———————5,360,000USD
    Unclassified Current Assets———————-5,360,000USD
    Source0001104659-26-093372PreliminaryLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Balance sheet Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Total Assets543,432,000USD570,103,000USD557,386,000USD685,250,000USD725,608,000USD371,018,000USD354,897,000USD370,958,000USD
    Intangible Assets28,221,000USD28,221,000USD31,539,000USD54,734,000USD85,082,000USD3,721,000USD3,721,000USD3,721,000USD
    Other Current Assets17,655,000USD65,232,000USD49,275,000USD11,409,000USD38,681,000USD7,672,000USD10,144,000USD5,482,000USD
    Total Liab248,650,000USD266,224,000USD265,410,000USD335,523,000USD309,996,000USD64,093,000USD58,164,000USD49,692,000USD
    Total Stockholder Equity294,782,000USD303,879,000USD291,976,000USD349,727,000USD415,612,000USD306,925,000USD296,733,000USD321,266,000USD
    Other Current Liab35,838,000USD34,281,000USD28,187,000USD28,794,000USD12,245,000USD26,627,000USD39,449,000USD16,908,000USD
    Common Stock181,000USD177,000USD176,000USD189,000USD187,000USD148,000USD152,000USD164,000USD
    Capital Stock181,000USD39,868,000USD39,867,000USD39,880,000USD187,000USD148,000USD152,000USD164,000USD
    Retained Earnings-16,500,000USD-41,805,000USD-49,096,000USD13,891,000USD128,932,000USD111,180,000USD105,961,000USD133,930,000USD
    Good Will59,593,000USD59,593,000USD59,593,000USD112,593,000USD243,486,000USD26,563,000USD26,563,000USD33,899,000USD
    Cash176,499,000USD131,926,000USD116,660,000USD129,458,000USD122,627,000USD226,486,000USD201,440,000USD212,131,000USD
    Cash And Short Term Investments176,499,000USD131,926,000USD116,660,000USD129,458,000USD122,627,000USD226,486,000USD201,440,000USD212,131,000USD
    Total Current Assets259,816,000USD260,572,000USD217,382,000USD186,091,000USD202,637,000USD251,810,000USD222,909,000USD232,570,000USD
    Total Current Liabilities75,050,000USD79,155,000USD73,989,000USD70,758,000USD83,678,000USD55,058,000USD45,278,000USD44,328,000USD
    Current Deferred Revenue23,016,000USD23,474,000USD23,830,000USD23,760,000USD21,776,000USD22,104,000USD17,426,000USD18,310,000USD
    Net Debt-13,539,000USD68,696,000USD88,070,000USD79,509,000USD134,792,000USD-217,639,000USD-189,662,000USD-212,131,000USD
    Short Term Debt11,374,000USD13,553,000USD13,309,000USD14,396,000USD36,160,000USD2,392,000USD2,283,000USD—
    Short Long Term Debt Total162,960,000USD200,622,000USD204,730,000USD208,967,000USD257,419,000USD8,847,000USD11,778,000USD—
    Long Term Debt94,665,000USD93,424,000USD94,682,000USD93,151,000USD151,771,000USD———
    Net Receivables65,662,000USD63,414,000USD51,447,000USD45,224,000USD41,329,000USD17,652,000USD11,325,000USD14,957,000USD
    Accounts Payable4,822,000USD7,847,000USD8,663,000USD3,808,000USD13,497,000USD3,757,000USD3,546,000USD9,110,000USD
    Property Plant Equipment Net128,284,000USD168,159,000USD187,526,000USD209,762,000USD180,360,000USD77,177,000USD90,153,000USD86,881,000USD
    Property Plant Equipment Gross252,463,000USD300,483,000USD323,268,000USD100,892,000USD298,572,000USD77,177,000USD90,153,000USD86,881,000USD
    Accumulated Other Comprehensive Income-18,000USD-7,000USD1,644,000USD3,102,000USD108,000USD0USD0USD-114,364,000USD
    Common Stock Shares Outstanding18,660,000shares18,149,000shares18,193,000shares18,914,000shares18,255,000shares15,047,000shares16,254,999shares16,634,000shares
    Non Current Assets Total283,616,000USD309,531,000USD340,004,000USD499,159,000USD522,971,000USD119,208,000USD131,988,000USD138,388,000USD
    Non Current Liabilities Total173,600,000USD187,069,000USD191,421,000USD264,765,000USD226,318,000USD9,035,000USD12,886,000USD5,364,000USD
    Non Currrent Assets Other6,328,000USD6,247,000USD7,386,000USD12,021,000USD14,043,000USD1,252,000USD1,049,000USD278,000USD
    Net Working Capital184,766,000USD181,417,000USD143,393,000USD115,333,000USD118,959,000USD196,752,000USD177,631,000USD188,242,000USD
    Unclassified Non Current Assets61,190,000USD47,311,000USD53,960,000USD62,673,000USD-14,043,000USD-24,211,000USD——
    Unclassified Non Current Liabilities78,935,000USD93,645,000USD96,739,000USD70,194,000USD-5,059,000USD-2,580,000USD-3,391,000USD-5,364,000USD
    Unclassified Equity310,938,000USD305,646,000USD299,385,000USD292,665,000USD286,198,000USD195,449,000USD190,468,000USD301,372,000USD
    Inventory——27,208,000USD—21,697,000USD—-1,757,000USD1USD
    Unclassified Current Assets——-27,208,000USD—-21,697,000USD-10,495,000USD——
    Other Assets———47,376,000USD14,043,000USD24,211,000USD1,049,000USD1,599,000USD
    Non Current Liabilities Other———101,420,000USD69,488,000USD6,455,000USD9,495,000USD—
    Net Tangible Assets———197,443,000USD87,044,000USD280,362,000USD270,170,000USD283,324,000USD
    Deferred Long Term Liab————5,059,000USD2,580,000USD3,391,000USD5,364,000USD
    Other Liab————5,059,000USD2,580,000USD3,391,000USD5,364,000USD
    Short Long Term Debt————8,750,000USD———
    Unclassified Current Liabilities————-8,750,000USD—-17,426,000USD—
    Long Term Investments—————10,495,000USD10,502,000USD11,966,000USD
    Short Term Investments—————10,495,000USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Quarterly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
    Net Income17,731,000USD12,608,000USD5,560,000USD4,496,000USD8,893,000USD12,964,000USD2,262,000USD371,000USD
    Depreciation4,154,000USD4,122,000USD3,946,000USD4,088,000USD3,992,000USD3,863,000USD5,080,000USD5,232,000USD
    Stock Based Compensation2,327,000USD2,217,000USD1,634,000USD2,238,000USD2,263,000USD2,166,000USD1,761,000USD1,823,000USD
    Other Non Cash Items2,016,000USD195,000USD3,187,000USD375,000USD2,105,000USD2,123,000USD388,000USD1,639,000USD
    Change To Account Receivables26,952,000USD-21,754,000USD-8,460,000USD4,297,000USD20,593,000USD-19,817,000USD-3,818,000USD5,741,000USD
    Change In Working Capital36,147,000USD-31,592,000USD1,500,000USD3,503,000USD18,500,000USD-22,750,000USD4,017,000USD3,483,000USD
    Total Cash From Operating Activities63,304,000USD-11,551,000USD21,709,000USD14,809,000USD36,998,000USD1,599,000USD14,075,000USD12,454,000USD
    Capital Expenditures-2,527,000USD-4,068,000USD-4,196,000USD-3,698,000USD-3,902,000USD-3,354,000USD-6,312,000USD-5,198,000USD
    Free Cash Flow60,777,000USD-15,619,000USD17,513,000USD11,111,000USD33,096,000USD-1,755,000USD7,763,000USD7,256,000USD
    Total Cashflows From Investing Activities-2,527,000USD-5,653,000USD-4,896,000USD18,752,000USD-3,402,000USD-3,354,000USD-6,312,000USD-5,198,000USD
    Net Borrowings-6,478,000USD-53,000USD-53,000USD-54,000USD-53,000USD-81,000USD-82,000USD—
    Total Cash From Financing Activities-16,277,999USD559,000USD-248,000USD-44,484,000USD-5,035,000USD-1,553,000USD-1,705,000USD-4,262,000USD
    Dividends Paid0USD0USD0USD-1,319,000USD-1,432,000USD-1,459,000USD-1,531,000USD-1,531,000USD
    Sale Purchase Of Stock-8,710,000USD-333,000USD-302,000USD-30,000USD-3,693,000USD-13,000USD-92,000USD-25,000USD
    Change In Cash44,499,000USD-16,645,000USD16,565,000USD-10,923,000USD28,561,000USD-3,308,000USD6,058,000USD2,994,000USD
    Begin Period Cash Flow176,499,000USD193,144,000USD176,579,000USD187,502,000USD158,941,000USD162,249,000USD156,191,000USD153,197,000USD
    End Period Cash Flow220,998,000USD176,499,000USD193,144,000USD176,579,000USD187,502,000USD158,941,000USD162,249,000USD156,191,000USD
    Other Cashflows From Financing Activities-16,278,000USD559,000USD-248,000USD-43,081,000USD143,000USD—-6,312,000USD67,000USD
    Unclassified Financing Cash Flow15,188,001USD—————6,312,000USD-2,773,000USD
    Other Cashflows From Investing Activities—-24,035,000USD21,750,000USD22,450,000USD500,000USD———
    Unclassified Investing Cash Flow—22,450,000USD-17,554,000USD-18,752,000USD3,402,000USD3,354,000USD6,312,000USD5,198,000USD
    Investments——-4,896,000USD18,752,000USD-3,402,000USD-3,354,000USD-6,312,000USD-5,198,000USD
    Unclassified Operating Cash Flow——5,882,000USD—1,245,000USD3,233,000USD——
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Cash flow Yearly

    Exact reported values; units shown beside each amount. Missing values are —.
    MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USDFY 20212021-12-31 · USDFY 20202020-12-31 · USDFY 20192019-12-31 · USDFY 20182018-12-31 · USD
    Net Income31,557,000USD16,113,000USD-47,286,000USD-114,993,000USD17,752,000USD18,822,000USD10,013,000USD25,639,000USD
    Depreciation16,148,000USD19,303,000USD27,816,000USD32,127,000USD17,832,000USD12,984,000USD15,596,000USD17,501,000USD
    Stock Based Compensation8,352,000USD7,668,000USD7,740,000USD8,009,000USD7,654,000USD7,075,000USD5,960,000USD7,180,000USD
    Other Non Cash Items5,862,000USD7,888,000USD73,846,000USD150,765,000USD3,013,000USD882,000USD9,501,000USD1,699,000USD
    Change To Account Receivables-5,324,000USD-11,492,000USD-8,620,000USD-2,045,000USD-7,637,000USD-6,327,000USD2,734,000USD-6,923,000USD
    Change In Working Capital-8,089,000USD-6,149,000USD-597,000USD-4,783,000USD-35,516,000USD5,858,000USD-727,000USD-6,923,000USD
    Total Cash From Operating Activities61,965,000USD48,872,000USD45,514,000USD29,215,000USD16,265,000USD44,810,000USD38,370,000USD44,179,000USD
    Capital Expenditures-15,864,000USD-21,082,000USD-13,895,000USD-16,389,000USD-11,828,000USD-4,926,000USD-7,255,000USD-9,430,000USD
    Free Cash Flow46,101,000USD27,790,000USD31,619,000USD12,826,000USD4,437,000USD39,884,000USD31,115,000USD34,749,000USD
    Total Cashflows From Investing Activities4,801,000USD-21,082,000USD-13,772,000USD-13,673,000USD-336,665,000USD-4,159,000USD-7,255,000USD-9,430,000USD
    Net Borrowings-213,000USD-2,964,000USD-114,000USD-73,864,000USD172,812,000USD172,812,000USD172,812,000USD172,812,000USD
    Total Cash From Financing Activities-49,208,000USD-13,191,000USD-16,858,000USD-35,711,000USD242,341,000USD-15,705,000USD-40,506,000USD-1,823,000USD
    Dividends Paid-2,751,000USD-6,056,000USD-6,005,000USD0USD-175,000,000USD———
    Sale Purchase Of Stock-47,454,000USD-4,238,000USD-10,739,000USD-1,538,000USD-3,032,000USD-15,705,000USD-40,506,000USD-1,823,000USD
    Change In Cash17,558,000USD14,599,000USD14,884,000USD-20,169,000USD-78,059,000USD24,946,000USD-9,391,000USD32,926,000USD
    Begin Period Cash Flow158,941,000USD144,342,000USD129,458,000USD149,627,000USD227,686,000USD202,740,000USD212,131,000USD179,205,000USD
    End Period Cash Flow176,499,000USD158,941,000USD144,342,000USD129,458,000USD149,627,000USD227,686,000USD202,740,000USD212,131,000USD
    Other Cashflows From Investing Activities20,665,000USD—123,000USD765,000USD-324,837,000USD767,000USD——
    Other Cashflows From Financing Activities-46,457,000USD67,000USD-13,772,000USD39,691,000USD336,356,000USD-4,159,000USD-40,506,000USD-9,430,000USD
    Unclassified Operating Cash Flow8,135,000USD4,049,000USD-16,005,000USD-41,910,000USD5,530,000USD—-1,973,000USD—
    Unclassified Financing Cash Flow47,667,000USD—13,772,000USD—-88,795,000USD-168,653,000USD-132,306,000USD-163,382,000USD
    Investments—-21,082,000USD-14,866,000USD-13,673,000USD-336,665,000USD-4,159,000USD-7,255,000USD-9,430,000USD
    Issuance Of Capital Stock—0USD0USD39,691,000USD86,205,000USD0USD0USD0USD
    Unclassified Investing Cash Flow—21,082,000USD14,866,000USD15,624,000USD336,665,000USD4,159,000USD7,255,000USD9,430,000USD
    Change To Inventory——-4,193,000USD—-6,563,000USD5,702,000USD2,214,000USD-2,222,000USD
    Change To Liabilities———-4,999,000USD-15,035,000USD5,611,000USD-1,239,000USD2,729,000USD
    Cash And Cash Equivalents Changes———-20,169,000USD-78,059,000USD24,946,000USD-9,391,000USD32,926,000USD
    SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

    Operating metrics

    No operating metrics are currently published for this company.

    Revenue breakdown

    PeriodDimensionBusiness / regionRevenueCurrencySource
    Q1 2026Quarterly · 2026-03-31ProductGraduation Fees1,113,000USD0001201792-26-000008
    Q1 2026Quarterly · 2026-03-31ProductInstructional Services Net Of Grants And Scholarships158,864,000USD0001201792-26-000008
    Q1 2026Quarterly · 2026-03-31ProductOther Fees2,525,000USD0001201792-26-000008
    Q1 2026Quarterly · 2026-03-31ProductTextbook And Other Course Materials12,236,000USD0001201792-26-000008
    Q1 2026Quarterly · 2026-03-31SegmentHealth85,356,000USD0001201792-26-000008
    Q1 2026Quarterly · 2026-03-31SegmentMilitary89,443,000USD0001201792-26-000008
    Q4 2025Quarterly · 2025-12-31ProductGraduation Fees660,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductInstructional Services Net Of Grants And Scholarships142,925,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductOther Fees1,582,000USDLegacy provider
    Q4 2025Quarterly · 2025-12-31ProductTextbook And Other Course Materials13,163,000USDLegacy provider
    FY 2025Yearly · 2025-12-31ProductGraduation Fees3,882,000USD0001201792-26-000004
    FY 2025Yearly · 2025-12-31ProductInstructional Services Net Of Grants And Scholarships591,822,000USD0001201792-26-000004
    FY 2025Yearly · 2025-12-31ProductOther Fees5,491,000USD0001201792-26-000004
    FY 2025Yearly · 2025-12-31ProductTextbook And Other Course Materials47,667,000USD0001201792-26-000004
    Q3 2025Quarterly · 2025-09-30ProductGraduation Fees1,225,000USD0001201792-25-000020
    Q3 2025Quarterly · 2025-09-30ProductInstructional Services Net Of Grants And Scholarships148,785,000USD0001201792-25-000020
    Q3 2025Quarterly · 2025-09-30ProductOther Fees1,390,000USD0001201792-25-000020
    Q3 2025Quarterly · 2025-09-30ProductTextbook And Other Course Materials11,815,000USD0001201792-25-000020
    Q2 2025Quarterly · 2025-06-30ProductGraduation Fees910,000USD0001201792-25-000016
    Q2 2025Quarterly · 2025-06-30ProductInstructional Services Net Of Grants And Scholarships149,768,000USD0001201792-25-000016
    Q2 2025Quarterly · 2025-06-30ProductOther Fees1,221,000USD0001201792-25-000016
    Q2 2025Quarterly · 2025-06-30ProductTextbook And Other Course Materials10,867,000USD0001201792-25-000016
    Q1 2025Quarterly · 2025-03-31ProductGraduation Fees1,087,000USD0001201792-26-000008
    Q1 2025Quarterly · 2025-03-31ProductInstructional Services Net Of Grants And Scholarships150,344,000USD0001201792-26-000008
    Q1 2025Quarterly · 2025-03-31ProductOther Fees1,298,000USD0001201792-26-000008
    Q1 2025Quarterly · 2025-03-31ProductTextbook And Other Course Materials11,822,000USD0001201792-26-000008
    Q1 2025Quarterly · 2025-03-31SegmentHealth76,927,000USD0001201792-26-000008
    Q1 2025Quarterly · 2025-03-31SegmentMilitary83,946,000USD0001201792-26-000008
    Q4 2024Quarterly · 2024-12-31ProductGraduation Fees541,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31ProductInstructional Services Net Of Grants And Scholarships150,806,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31ProductOther Fees1,114,000USDLegacy provider
    Q4 2024Quarterly · 2024-12-31ProductTextbook And Other Course Materials11,649,000USDLegacy provider
    FY 2024Yearly · 2024-12-31ProductGraduation Fees2,454,000USD0001201792-26-000004
    FY 2024Yearly · 2024-12-31ProductInstructional Services Net Of Grants And Scholarships575,687,000USD0001201792-26-000004
    FY 2024Yearly · 2024-12-31ProductOther Fees4,190,000USD0001201792-26-000004
    FY 2024Yearly · 2024-12-31ProductTextbook And Other Course Materials42,228,000USD0001201792-26-000004
    Q3 2024Quarterly · 2024-09-30ProductGraduation Fees794,000USD0001201792-25-000020
    Q3 2024Quarterly · 2024-09-30ProductInstructional Services Net Of Grants And Scholarships141,358,000USD0001201792-25-000020
    Q3 2024Quarterly · 2024-09-30ProductOther Fees1,036,000USD0001201792-25-000020
    Q3 2024Quarterly · 2024-09-30ProductTextbook And Other Course Materials9,934,000USD0001201792-25-000020
    Q2 2024Quarterly · 2024-06-30ProductGraduation Fees459,000USD0001201792-25-000016
    Q2 2024Quarterly · 2024-06-30ProductInstructional Services Net Of Grants And Scholarships141,247,000USD0001201792-25-000016
    Q2 2024Quarterly · 2024-06-30ProductOther Fees1,008,000USD0001201792-25-000016
    Q2 2024Quarterly · 2024-06-30ProductTextbook And Other Course Materials10,181,000USD0001201792-25-000016
    FY 2023Yearly · 2023-12-31ProductGraduation Fees1,764,000USD0001201792-26-000004
    FY 2023Yearly · 2023-12-31ProductInstructional Services Net Of Grants And Scholarships554,711,000USD0001201792-26-000004
    FY 2023Yearly · 2023-12-31ProductOther Fees3,807,000USD0001201792-26-000004
    FY 2023Yearly · 2023-12-31ProductTextbook And Other Course Materials40,263,000USD0001201792-26-000004
    FY 2022Yearly · 2022-12-31ProductGraduation Fees1,348,000USD0001201792-25-000004
    FY 2022Yearly · 2022-12-31ProductInstructional Services Net Of Grants And Scholarships554,702,000USD0001201792-25-000004
    FY 2022Yearly · 2022-12-31ProductOther Fees4,574,000USD0001201792-25-000004
    FY 2022Yearly · 2022-12-31ProductTextbook And Other Course Materials45,704,000USD0001201792-25-000004
    FY 2021Yearly · 2021-12-31ProductGraduation Fees1,309,000USD0001201792-24-000005
    FY 2021Yearly · 2021-12-31ProductInstructional Services Net Of Grants And Scholarships394,590,000USD0001201792-24-000005
    FY 2021Yearly · 2021-12-31ProductOther Fees2,748,000USD0001201792-24-000005
    FY 2021Yearly · 2021-12-31ProductTextbook And Other Course Materials20,156,000USD0001201792-24-000005
    Q3 2021Quarterly · 2021-09-30SegmentAmerican Public University System65,906,000USD0001201792-21-000012
    Q3 2021Quarterly · 2021-09-30SegmentHondros College Of Nursing11,240,000USD0001201792-21-000012
    Q3 2021Quarterly · 2021-09-30SegmentRasmussen University21,132,000USD0001201792-21-000012
    Q2 2021Quarterly · 2021-06-30SegmentAmerican Public Education66,893,000USD0001201792-21-000009
    Q2 2021Quarterly · 2021-06-30SegmentHondros College Of Nursing11,134,000USD0001201792-21-000009
    Q1 2021Quarterly · 2021-03-31SegmentAmerican Public Education77,422,000USD0001201792-21-000006
    Q1 2021Quarterly · 2021-03-31SegmentHondros College Of Nursing11,132,000USD0001201792-21-000006
    FY 2020Yearly · 2020-12-31ProductGraduation Fees1,336,000USD0001201792-23-000004
    FY 2020Yearly · 2020-12-31ProductInstructional Services Net Of Grants And Scholarships313,930,000USD0001201792-23-000004
    FY 2020Yearly · 2020-12-31ProductOther Fees1,322,000USD0001201792-23-000004
    FY 2020Yearly · 2020-12-31ProductTextbook And Other Course Materials5,197,000USD0001201792-23-000004
    FY 2020Yearly · 2020-12-31SegmentAmerican Public Education Inc285,938,000USD0001201792-23-000004
    FY 2020Yearly · 2020-12-31SegmentHondros College Of Nursing36,091,000USD0001201792-23-000004
    FY 2020Yearly · 2020-12-31SegmentRasmussen University0USD0001201792-23-000004
    FY 2020Yearly · 2020-12-31SegmentRasmussen University Member0USD0001201792-23-000004
    Q3 2020Quarterly · 2020-09-30SegmentAmerican Public University System69,659,000USD0001201792-21-000012
    Q3 2020Quarterly · 2020-09-30SegmentHondros College Of Nursing9,541,000USD0001201792-21-000012
    Q3 2020Quarterly · 2020-09-30SegmentRasmussen University0USD0001201792-21-000012
    Q2 2020Quarterly · 2020-06-30SegmentAmerican Public Education73,547,000USD0001201792-21-000009
    Q2 2020Quarterly · 2020-06-30SegmentHondros College Of Nursing8,602,000USD0001201792-21-000009
    Q1 2020Quarterly · 2020-03-31SegmentAmerican Public Education67,094,000USD0001201792-21-000006
    Q1 2020Quarterly · 2020-03-31SegmentHondros College Of Nursing7,539,000USD0001201792-21-000006
    FY 2019Yearly · 2019-12-31ProductGraduation Fees1,138,000USD0001201792-22-000003
    FY 2019Yearly · 2019-12-31ProductInstructional Services Net Of Grants And Scholarships280,240,000USD0001201792-22-000003
    FY 2019Yearly · 2019-12-31ProductOther Fees1,242,000USD0001201792-22-000003
    FY 2019Yearly · 2019-12-31ProductTextbook And Other Course Materials3,650,000USD0001201792-22-000003
    FY 2019Yearly · 2019-12-31SegmentAmerican Public Education Inc257,050,000USD0001201792-22-000003
    FY 2019Yearly · 2019-12-31SegmentHondros College Of Nursing29,479,000USD0001201792-22-000003
    FY 2019Yearly · 2019-12-31SegmentRasmussen University0USD0001201792-22-000003
    FY 2019Yearly · 2019-12-31SegmentRasmussen University Member0USD0001201792-22-000003
    FY 2018Yearly · 2018-12-31ProductGraduation Fees1,069,000USD0001201792-21-000003
    FY 2018Yearly · 2018-12-31ProductInstructional Services Net Of Grants And Scholarships290,721,000USD0001201792-21-000003
    FY 2018Yearly · 2018-12-31ProductOther Fees1,219,000USD0001201792-21-000003
    FY 2018Yearly · 2018-12-31ProductTextbook And Other Course Materials4,678,000USD0001201792-21-000003
    FY 2018Yearly · 2018-12-31SegmentAmerican Public Education Inc260,062,000USD0001201792-21-000003
    FY 2018Yearly · 2018-12-31SegmentHondros College Of Nursing37,625,000USD0001201792-21-000003
    FY 2017Yearly · 2017-12-31SegmentAmerican Public Education265,246,000USD0001201792-20-000006
    FY 2017Yearly · 2017-12-31SegmentHondros College Of Nursing34,002,000USD0001201792-20-000006
    FY 2016Yearly · 2016-12-31SegmentAmerican Public Education283,941,000USD0001201792-19-000003
    FY 2016Yearly · 2016-12-31SegmentHondros College Of Nursing29,198,000USD0001201792-19-000003

    Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.