American Public Education (APEI) Free Cash Flow (2009 - 2026)

American Public Education (APEI) recorded quarterly Free Cash Flow of $60.8 million in Q1 2026, up 489.12% quarter-over-quarter from -$15.6 million in Q4 2025, and up 83.64% on a YoY basis from $33.1 million in Q1 2025.

American Public Education (APEI) Free Cash Flow (2009 - 2026) Analysis & Trends

American Public Education's Free Cash Flow history runs 18 years deep, the most recent figure standing at $60.8 million for Q1 2026.

  • In Q1 2026, Free Cash Flow rose 83.64% year-over-year to $60.8 million; the TTM figure through Mar 2026 stood at $73.8 million (up 59.15% YoY), while the FY2025 annual figure was $46.1 million, up 65.89% from the prior year.
  • Free Cash Flow was $60.8 million for Q1 2026 at American Public Education, up from -$15.6 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $60.8 million in Q1 2026 to a low of -$28.5 million in Q4 2022.
  • Historically, Free Cash Flow has averaged $10.5 million across 5 years, with a median of $11.1 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Free Cash Flow surged 512.54% in 2022, then sank 789.97% in 2025.
  • A 5-year view of Free Cash Flow shows it stood at -$28.5 million in 2022, then soared by 73.58% to -$7.5 million in 2023, then surged by 76.7% to -$1.8 million in 2024, then tumbled by 789.97% to -$15.6 million in 2025, then surged by 489.12% to $60.8 million in 2026.
  • The last three Free Cash Flow figures came in at $60.8 million (Q1 2026), -$15.6 million (Q4 2025), and $17.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 53.60 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 48.56 Mn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 204.40 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 183.49 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 86.48 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn -169.95 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn -26.43 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 67.65 Mn
10 American Public Education 951.21 Mn 730.21 Mn 100.11 Mn 60.78 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 60.78 Mn
Mar 31, 2026 60.78 Mn
Dec 31, 2025 -15.62 Mn
Dec 31, 2025 -15.62 Mn
Sep 30, 2025 17.51 Mn
Sep 30, 2025 17.51 Mn
Jun 30, 2025 11.11 Mn
Jun 30, 2025 11.11 Mn
Mar 31, 2025 33.10 Mn
Mar 31, 2025 33.10 Mn
Dec 31, 2024 -1.76 Mn
Dec 31, 2024 -1.76 Mn
Sep 30, 2024 7.76 Mn
Sep 30, 2024 7.76 Mn
Jun 30, 2024 7.26 Mn
Jun 30, 2024 7.26 Mn
Mar 31, 2024 14.53 Mn
Mar 31, 2024 14.53 Mn
Dec 31, 2023 -7.53 Mn
Dec 31, 2023 -7.53 Mn