American Public Education (APEI) Cost of Revenue (2009 - 2026)

American Public Education's Cost of Revenue history runs 18 years deep, the most recent figure standing at $74.6 million for Q1 2026.

• In Q1 2026, Cost of Revenue changed 0.42% year-over-year to $74.6 million; the TTM figure through Mar 2026 stood at $296.7 million (down 0.51% YoY), while the FY2025 annual figure was $297.0 million, changed 0.45% from the prior year.
• Cost of Revenue for Q1 2026 stood at $74.6 million, up from $69.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $78.4 million in Q2 2025, with the low at $69.0 million in Q4 2025.
• The 5-year median for Cost of Revenue is $73.2 million (2023), against an average of $73.5 million.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 137.18% in 2022, then decreased 3.78% in 2025.
• American Public Education's Cost of Revenue stood at $72.9 million in 2022, then fell by 2.91% to $70.7 million in 2023, then climbed by 1.29% to $71.7 million in 2024, then retreated by 3.78% to $69.0 million in 2025, then rose by 8.23% to $74.6 million in 2026.
• Business Quant data shows APEI's Cost of Revenue at $74.6 million in Q1 2026, $69.0 million in Q4 2025, and $74.7 million in Q3 2025.