American Public Education (APEI) Operating Expenses (2009 - 2026)
American Public Education (APEI) posted quarterly Operating Expenses of $153.1 million for Q1 2026, up 0.52% year-over-year from $152.3 million in Q1 2025, and up 9.85% quarter-over-quarter from $139.4 million in Q4 2025.
American Public Education (APEI) Operating Expenses (2009 - 2026) Analysis & Trends
American Public Education's Operating Expenses history runs 18 years deep, the most recent figure standing at $153.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 0.52% year-over-year to $153.1 million; the TTM figure through Mar 2026 stood at $601.7 million (up 1.21% YoY), while the FY2025 annual figure was $600.9 million, up 1.59% from the prior year.
- Operating Expenses for Q1 2026 stood at $153.1 million, up from $139.4 million in the prior quarter.
- The five-year high for Operating Expenses was $290.9 million in Q2 2022, with the low at $136.9 million in Q4 2023.
- The 5-year median for Operating Expenses is $150.7 million (2024), against an average of $161.1 million.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 282.52% in 2022, then fell 29.09% in 2024.
- American Public Education's Operating Expenses stood at $152.7 million in 2022, then fell by 10.37% to $136.9 million in 2023, then climbed by 4.17% to $142.6 million in 2024, then dropped by 2.25% to $139.4 million in 2025, then increased by 9.85% to $153.1 million in 2026.
- Business Quant data shows APEI's Operating Expenses at $153.1 million in Q1 2026, $139.4 million in Q4 2025, and $153.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 1.44 Bn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -24.40 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 205.89 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 111.43 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 395.25 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 243.19 Mn |
| 10 | American Public Education | 838.59 Mn | 615.79 Mn | 95.09 Mn | 158.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 158.21 Mn |
| Mar 31, 2026 | 153.10 Mn |
| Dec 31, 2025 | 139.36 Mn |
| Sep 30, 2025 | 153.52 Mn |
| Jun 30, 2025 | 155.74 Mn |
| Mar 31, 2025 | 152.31 Mn |
| Dec 31, 2024 | 142.58 Mn |
| Sep 30, 2024 | 148.99 Mn |
| Jun 30, 2024 | 150.68 Mn |
| Mar 31, 2024 | 149.25 Mn |
| Dec 31, 2023 | 136.87 Mn |
| Sep 30, 2023 | 144.44 Mn |
| Jun 30, 2023 | 212.48 Mn |
| Mar 31, 2023 | 155.06 Mn |
| Dec 31, 2022 | 152.70 Mn |
| Sep 30, 2022 | 150.56 Mn |
| Jun 30, 2022 | 290.87 Mn |
| Mar 31, 2022 | 149.55 Mn |
| Dec 31, 2021 | 137.50 Mn |
| Sep 30, 2021 | 96.99 Mn |