APEI Q2 2025 Earnings — American Public Education, Inc. Revenue & Financial Results | Market Cap Arena

APEIAmerican Public Education, Inc.

$830M

Q2 2025 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$163M+6.5% YoY

Gross Profit

$84M51.8% margin

Operating Income

$7M4.3% margin

Net Income

$4M2.8% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$11M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$537M

Total Liabilities

$265M

Stockholders' Equity

$272M

Cash & Equivalents

$175M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$163M	$153M	+6.5%
Gross Profit	$84M	$77M	+10.0%
Operating Income	$7M	$2M	+216.4%
Net Income	$4M	$371,000	+1111.9%

Revenue Segments

Instructional Services, Net Of Grants And Scholarships

$150M92%

Textbook And Other Course Materials

$11M7%

Other Fees

$1M1%

Graduation Fees

$910,0001%

Geographic Segments

American Public Education Segment

$82M100%