Growth Metrics

American Public Education (APEI) Accumulated Expenses (2016 - 2026)

Quarterly Accumulated Expenses rose 23.72% to $22.3 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $22.3 million through Mar 2026, up 23.72% year-over-year, with the annual reading at $22.5 million for FY2025, 9.33% up from the prior year.

American Public Education's Accumulated Expenses history spans 18 years, with the latest figure at $22.3 million for Q1 2026.

  • Accumulated Expenses came in at $22.3 million for Q1 2026, down from $22.5 million in the prior quarter.
  • In the past five years, Accumulated Expenses ranged from a high of $22.5 million in Q4 2025 to a low of $13.8 million in Q1 2022.
  • The 5-year median for Accumulated Expenses is $17.7 million (2023), against an average of $17.9 million.
  • Year-over-year, Accumulated Expenses increased 29.93% in 2022 and then fell 14.23% in 2024.
  • American Public Education's Accumulated Expenses stood at $15.0 million in 2022, then increased by 11.33% to $16.7 million in 2023, then grew by 22.95% to $20.5 million in 2024, then rose by 9.33% to $22.5 million in 2025, then decreased by 0.65% to $22.3 million in 2026.
  • Per Business Quant, the three most recent readings for APEI's Accumulated Expenses are $22.3 million (Q1 2026), $22.5 million (Q4 2025), and $18.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn
8 Strategic Education 1.71 Bn 1.55 Bn -
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn

Historic Data

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DateValue
Mar 31, 2026 22.32 Mn
Dec 31, 2025 22.46 Mn
Sep 30, 2025 18.02 Mn
Jun 30, 2025 20.32 Mn
Mar 31, 2025 18.04 Mn
Dec 31, 2024 20.55 Mn
Sep 30, 2024 15.99 Mn
Jun 30, 2024 16.61 Mn
Mar 31, 2024 15.36 Mn
Dec 31, 2023 16.71 Mn
Sep 30, 2023 18.65 Mn
Jun 30, 2023 17.72 Mn
Mar 31, 2023 16.36 Mn
Dec 31, 2022 15.01 Mn
Sep 30, 2022 18.59 Mn
Jun 30, 2022 17.66 Mn
Mar 31, 2022 13.79 Mn
Dec 31, 2021 15.13 Mn
Sep 30, 2021 17.72 Mn
Jun 30, 2021 16.56 Mn
Mar 31, 2021 10.61 Mn
Dec 31, 2020 15.66 Mn
Sep 30, 2020 10.56 Mn
Jun 30, 2020 17.11 Mn
Mar 31, 2020 7.42 Mn
Dec 31, 2019 13.75 Mn
Sep 30, 2019 7.93 Mn
Jun 30, 2019 9.49 Mn
Mar 31, 2019 8.52 Mn
Dec 31, 2018 13.10 Mn
Sep 30, 2018 14.47 Mn
Jun 30, 2018 14.90 Mn
Mar 31, 2018 15.74 Mn
Dec 31, 2017 9.80 Mn
Sep 30, 2017 13.61 Mn
Jun 30, 2017 12.49 Mn
Mar 31, 2017 11.82 Mn
Dec 31, 2016 14.12 Mn