American Public Education, Inc. revenue by segment APEI

American Public Education, Inc. splits its revenue into 3 lines in its filings. The largest line in Q2 of fiscal 2026, the quarter ended Jun 30, 2026 was Instructional Services Net Of Grants And Scholarships at $156.3 million, 91% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Jun 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Q3 FY2024
Sep 30, 2024
Revenue
668
172
175
158
163
163
165
164
153
Instructional Services Net Of Grants And Scholarships
607
+2.6%
share 90.9%
156
+4.3%
share 91.0%
159
+5.7%
share 90.9%
143
-5.2%
share 90.3%
149
+5.3%
share 91.2%
150
share 92.0%
150
share 91.4%
151
share 91.9%
141
share 92.3%
Textbook And Other Course Materials
51
+14.9%
share 7.6%
13
+20.1%
share 7.6%
12
+3.5%
share 7.0%
13
+13.0%
share 8.3%
12
+18.9%
share 7.2%
11
share 6.7%
12
share 7.2%
12
share 7.1%
10
share 6.5%
Graduation Fees
4
+27.2%
share 0.6%
1
+36.4%
share 0.7%
1
+2.4%
share 0.6%
1
+22.0%
share 0.4%
1
+54.3%
share 0.8%
1
share 0.6%
1
share 0.7%
1
share 0.3%
1
share 0.5%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Services-Educational Services (SIC 8200)
Listed as
APEI (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Charles Town, WV
SEC filer status
Accelerated filer
SEC CIK
1201792

Other Services-Educational Services companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.