American Public Education (APEI) Gross Margin (2009 - 2026)
American Public Education's Gross Margin was 55.37% in Q2 2026, up 3.55 percentage points from 51.82% a year earlier but down 1.92 percentage points from the prior quarter.
American Public Education (APEI) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, American Public Education's Gross Margin was 55.85% through Jun 30, 2026, up 2.46 percentage points year-over-year; for FY2025, it was 54.22%, up 1.57 percentage points from FY2024.
- Gross Margin shows a five-year change of -7.81 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 52.65% in FY2024 (+1.42 pp), 51.23% in FY2023 (-1.19 pp), 52.42% in FY2022 (-6.36 pp) and 58.78% in FY2021 (-3.25 pp).
- Quarterly Gross Margin has moved between 49.06% (Q2 2023) and 57.29% (Q1 2026) over five years.
- Compared with a year earlier, Gross Margin has increased for seven straight quarters, with an average year-over-year change of +1.87 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q2 2026 (a gain of 3.55 percentage points); the worst was Q1 2022 (a drop of 9.83 percentage points).
- Per Business Quant data, APEI's Gross Margin in the three quarters before Q2 2026 was 57.29% (Q1 2026), 56.45% (Q4 2025) and 54.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | 24.79% |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | 0.00% |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | 57.78% |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 38.59% |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 30.10% |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 56.77% |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | 39.46% |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 24.25% |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 34.16% |
| 10 | American Public Education | 903.50 Mn | 90.06 Mn | 95.09 Mn | 55.37% |
Historic 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% |
American Public Education Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=APEI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "APEI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=APEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();