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American Public Education revenue APEI

Sales by quarter and over the last twelve months, from 2008.

Last 12 months, to Jun 30, 2026
$668M
Latest quarter, Q2 FY26
$171.7M
+6% on a year earlier
Fiscal year 2025
$648.9M
+4% on the year before

American Public Education's revenue was $668M over the twelve months to Jun 30, 2026, up 4% on a year earlier.

In its latest quarter, Q2 FY26, it was $171.7M, up 6% on the same quarter a year before.

Over the five fiscal years to FY2025 it grew 15% a year on average.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$648.9M+4%
FY2024$624.6M+4%
FY2023$600.5M−1%
FY2022$606.3M+45%
FY2021$418.8M+30%
FY2020$321.8M+12%
FY2019$286.3M−4%
FY2018$297.7M−1%
FY2017$299.2M−4%
FY2016$313.1M−5%
FY2015$327.9M−6%
FY2014$350M+6%
FY2013$329.5M+5%
FY2012$313.5M+20%
FY2011$260.4M+31%

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q2 FY26$171.7M+6%$668M
Q1 FY26$174.7M+6%$659M
Q4 FY25$158.3M−4%$648.9M
Q3 FY25$163.2M+7%$654.6M
Q2 FY25$162.8M+6%$644.5M
Q1 FY25$164.6M+7%$634.7M
Q4 FY24$164.1M+7%$624.6M
Q3 FY24$153.1M+2%$613.3M
Q2 FY24$152.9M+4%$611M
Q1 FY24$154.4M+3%$605.3M
Q4 FY23$152.8M+0%$600.5M
Q3 FY23$150.8M+1%$600.2M

Against its peers

Companies in Education & Training Services nearest American Public Education's size, closest first, today.

CompanyRevenue, 12 monthsGrowth
APEIAmerican Public Education$668M+4% a year
LINCLincoln Educational Services$570.8M+22% a year
UTIUniversal Technical Institute$883.6M+9% a year
STRAStrategic Education$1.3B+4% a year
PRDOPERDOCEO EDUCATION$858.6M+12% a year
LRNStride$2.5B+2% a year
LOPEGrand Canyon Education$1.1B+7% a year
CVSACovista$2B+9% a year
LAURLaureate Education$1.8B+18% a year
LGCYLegacy Education$80.1M+25% a year
Peer median$1.1B

Where American Public Education ranks

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on American Public Education

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.