American Public Education (APEI) Cost of Revenue (2009 - 2026)
American Public Education (APEI) posted quarterly Cost of Revenue of $74.6 million for Q1 2026, little changed year-over-year from $74.9 million in Q1 2025, and up 8.23% quarter-over-quarter from $69.0 million in Q4 2025.
American Public Education (APEI) Cost of Revenue (2009 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 717.31 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 8.21 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 59.96 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 418.78 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 74.83 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 202.24 Mn |
| 10 | American Public Education | 838.59 Mn | 615.79 Mn | 95.09 Mn | 76.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 76.64 Mn |
| Jun 30, 2026 | 76.64 Mn |
| Mar 31, 2026 | 74.63 Mn |
| Mar 31, 2026 | 74.63 Mn |
| Dec 31, 2025 | 68.96 Mn |
| Dec 31, 2025 | 68.96 Mn |
| Sep 30, 2025 | 74.70 Mn |
| Sep 30, 2025 | 74.70 Mn |
| Jun 30, 2025 | 78.42 Mn |
| Jun 30, 2025 | 78.42 Mn |
| Mar 31, 2025 | 74.94 Mn |
| Mar 31, 2025 | 74.94 Mn |
| Dec 31, 2024 | 71.66 Mn |
| Dec 31, 2024 | 71.66 Mn |
| Sep 30, 2024 | 75.40 Mn |
| Sep 30, 2024 | 75.40 Mn |
| Jun 30, 2024 | 76.22 Mn |
| Jun 30, 2024 | 76.22 Mn |
| Mar 31, 2024 | 72.43 Mn |
| Mar 31, 2024 | 72.43 Mn |