Q2 FY2026 · ended Jun 30, 2026 · Revenue $171.73M, +5.5% YoY · Filed Aug 10, 2026
American Public Education, Inc. (APEI) files with the SEC under industry code 8200, Services-Educational Services. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $171.7 million and net income of $9.8 million. Free cash flow was $7.4 million. As of Jun 30, 2026 it held $222.8 million in cash and investments and $153.5 million in total debt.
Revenue
$171.73M
+5.5% vs year-ago quarter
Net income
$9.77M
+117.4% vs year-ago quarter
Operating cash flow
$12.14M
-18.0% vs year-ago quarter
Free cash flow
$7.40M
-33.4% vs year-ago quarter
EPS
$0.52
+2700.0% vs year-ago quarter
Dividend per share
None
Shares outstanding
18.30M
+1.3% vs year-ago quarter
Net cash
$69.34M
Q2 FY2026
Operating margin
9.6%
TTM
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
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | 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 |
|---|---|---|---|---|---|
| Revenue | $171.7M | $174.7M | $158.3M | $163.2M | $162.8M |
| Operating income | $13.5M | $21.6M | $19.0M | $9.7M | $7.0M |
| Net income | $9.8M | $17.7M | $12.6M | $5.6M | $4.5M |
| Diluted EPS | $0.52 | $0.94 | $0.67 | $0.30 | -$0.02 |
| Operating cash flow | $12.1M | $63.3M | -$11.6M | $21.7M | $14.8M |
| Free cash flow | $7.4M | $60.8M | -$15.6M | $17.5M | $11.1M |
| Total assets | $537.7M | $537.9M | $521.4M | $525.3M | $537.4M |
| Total liabilities | $223.7M | $231.7M | $226.6M | $246.0M | $265.1M |
| Stockholders' equity | $314.1M | $306.2M | $294.8M | $279.3M | $272.2M |
| Cash and investments | $222.8M | $221.0M | $176.5M | $193.1M | $176.6M |
| Total debt | $153.5M | $153.5M | $163.0M | $166.2M | $195.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Oct 27, 2026 | Oct 22, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 10, 2026 | Aug 10, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Aug 5, 2026 | Aug 5, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 26, 2026 | May 22, 2026 |
| 10-Q | Quarterly report | May 11, 2026 | Mar 31, 2026 |
All 1000 American Public Education, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.