American Public Education (APEI) EBT (2016 - 2026)
Quarterly EBT rose 69.43% to $19.2 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $51.6 million through Mar 2026, up 38.53% year-over-year, with the annual reading at $43.7 million for FY2025, 41.26% up from the prior year.
American Public Education's EBT history spans 18 years, with the latest figure at $19.2 million for Q1 2026.
- EBT came in at $19.2 million for Q1 2026, up from $17.8 million in the prior quarter.
- In the past five years, EBT ranged from a high of $21.0 million in Q4 2024 to a low of -$145.4 million in Q2 2022.
- The 5-year median for EBT is $5.6 million (2023), against an average of -$6.5 million.
- Year-over-year, EBT plummeted 10644.19% in 2022 and then skyrocketed 312.33% in 2025.
- American Public Education's EBT stood at -$7.7 million in 2022, then surged by 297.9% to $15.1 million in 2023, then skyrocketed by 38.37% to $21.0 million in 2024, then decreased by 15.03% to $17.8 million in 2025, then increased by 8.12% to $19.2 million in 2026.
- Per Business Quant, the three most recent readings for APEI's EBT are $19.2 million (Q1 2026), $17.8 million (Q4 2025), and $8.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -5.82 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 40.65 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -27.31 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 98.48 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 120.74 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 68.13 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 383,000.00 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 42.29 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 5.60 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 19.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.25 Mn |
| Dec 31, 2025 | 17.80 Mn |
| Sep 30, 2025 | 8.63 Mn |
| Jun 30, 2025 | 5.92 Mn |
| Mar 31, 2025 | 11.36 Mn |
| Dec 31, 2024 | 20.95 Mn |
| Sep 30, 2024 | 3.50 Mn |
| Jun 30, 2024 | 1.44 Mn |
| Mar 31, 2024 | 5.06 Mn |
| Dec 31, 2023 | 15.14 Mn |
| Sep 30, 2023 | 5.61 Mn |
| Jun 30, 2023 | -66.37 Mn |
| Mar 31, 2023 | -7.15 Mn |
| Dec 31, 2022 | -7.65 Mn |
| Sep 30, 2022 | -4.62 Mn |
| Jun 30, 2022 | -145.36 Mn |
| Mar 31, 2022 | 6.38 Mn |
| Dec 31, 2021 | 13.39 Mn |
| Sep 30, 2021 | -43,000.00 |
| Jun 30, 2021 | 2.00 Mn |
| Mar 31, 2021 | 10.75 Mn |
| Dec 31, 2020 | 9.81 Mn |
| Sep 30, 2020 | 3.43 Mn |
| Jun 30, 2020 | 9.22 Mn |
| Mar 31, 2020 | 3.40 Mn |
| Dec 31, 2019 | 9.31 Mn |
| Sep 30, 2019 | -1.89 Mn |
| Jun 30, 2019 | 6.81 Mn |
| Mar 31, 2019 | 2.44 Mn |
| Dec 31, 2018 | 12.42 Mn |
| Sep 30, 2018 | 7.66 Mn |
| Jun 30, 2018 | 8.71 Mn |
| Mar 31, 2018 | 6.66 Mn |
| Dec 31, 2017 | 12.78 Mn |
| Sep 30, 2017 | 7.62 Mn |
| Jun 30, 2017 | 6.33 Mn |
| Mar 31, 2017 | 8.32 Mn |
| Dec 31, 2016 | 11.26 Mn |
| Sep 30, 2016 | 429,000.00 |
| Jun 30, 2016 | 10.70 Mn |