American Public Education (APEI) Gross Margin (2009 - 2026)
American Public Education (APEI) posted quarterly Gross Margin of 57.29% for Q1 2026, up 283.0% year-over-year from 14.96% in Q1 2025, and up 1.49% quarter-over-quarter from 56.45% in Q4 2025.
American Public Education (APEI) Gross Margin (2009 - 2026) Analysis & Trends
American Public Education's Gross Margin history runs 18 years deep, the most recent figure standing at 57.29% for Q1 2026.
- In Q1 2026, Gross Margin rose 283.0% year-over-year to 57.29%; the TTM figure through Mar 2026 stood at 54.98% (up 197.0% YoY), while the FY2025 annual figure was 54.22%, up 157.0% from the prior year.
- Gross Margin for Q1 2026 stood at 57.29%, up from 56.45% in the prior quarter.
- The five-year high for Gross Margin was 57.29% in Q1 2026, with the low at 49.06% in Q2 2023.
- The 5-year median for Gross Margin is 52.2% (2022), against an average of 52.89%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin slumped 983 bps in 2022, then jumped 348 bps in 2025.
- American Public Education's Gross Margin stood at 52.2% in 2022, then grew by 3 bps to 53.7% in 2023, then gained by 5 bps to 56.33% in 2024, then increased by 0 bps to 56.45% in 2025, then increased by 1 bps to 57.29% in 2026.
- Business Quant data shows APEI's Gross Margin at 57.29% in Q1 2026, 56.45% in Q4 2025, and 54.23% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 53.10% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 73.66% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 38.59% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 59.66% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 56.77% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 77.29% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 34.16% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 83.86% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 52.92% |
| 10 | American Public Education | 838.59 Mn | 615.79 Mn | 95.09 Mn | 55.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 55.37% |
| Mar 31, 2026 | 57.29% |
| Dec 31, 2025 | 56.45% |
| Sep 30, 2025 | 54.23% |
| Jun 30, 2025 | 51.82% |
| Mar 31, 2025 | 54.46% |
| Dec 31, 2024 | 56.33% |
| Sep 30, 2024 | 50.76% |
| Jun 30, 2024 | 50.15% |
| Mar 31, 2024 | 53.10% |
| Dec 31, 2023 | 53.70% |
| Sep 30, 2023 | 51.45% |
| Jun 30, 2023 | 49.06% |
| Mar 31, 2023 | 50.64% |
| Dec 31, 2022 | 52.20% |
| Sep 30, 2022 | 51.97% |
| Jun 30, 2022 | 51.81% |
| Mar 31, 2022 | 53.67% |
| Dec 31, 2021 | 56.26% |
| Sep 30, 2021 | 56.70% |