American Public Education (APEI) Operating Income (2016 - 2026)
Quarterly Operating Income rose 76.74% to $21.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $57.3 million through Mar 2026, up 42.87% year-over-year, with the annual reading at $47.9 million for FY2025, 44.97% up from the prior year.
American Public Education's Operating Income history spans 18 years, with the latest figure at $21.6 million for Q1 2026.
- Operating Income came in at $21.6 million for Q1 2026, up from $19.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $21.6 million in Q1 2026 to a low of -$141.3 million in Q2 2022.
- The 5-year median for Operating Income is $5.2 million (2022), against an average of -$4.9 million.
- Year-over-year, Operating Income crashed 7252.41% in 2022 and then skyrocketed 6180.92% in 2023.
- American Public Education's Operating Income stood at -$262000.0 in 2022, then surged by 6180.92% to $15.9 million in 2023, then surged by 35.17% to $21.5 million in 2024, then decreased by 11.92% to $19.0 million in 2025, then rose by 14.11% to $21.6 million in 2026.
- Per Business Quant, the three most recent readings for APEI's Operating Income are $21.6 million (Q1 2026), $19.0 million (Q4 2025), and $9.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -5.19 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 57.83 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -27.53 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 95.46 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 129.08 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 63.12 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 339,000.00 |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 41.09 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 6.41 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 21.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.64 Mn |
| Dec 31, 2025 | 18.97 Mn |
| Sep 30, 2025 | 9.70 Mn |
| Jun 30, 2025 | 7.03 Mn |
| Mar 31, 2025 | 12.25 Mn |
| Dec 31, 2024 | 21.54 Mn |
| Sep 30, 2024 | 4.13 Mn |
| Jun 30, 2024 | 2.22 Mn |
| Mar 31, 2024 | 5.18 Mn |
| Dec 31, 2023 | 15.93 Mn |
| Sep 30, 2023 | 6.40 Mn |
| Jun 30, 2023 | -65.27 Mn |
| Mar 31, 2023 | -5.37 Mn |
| Dec 31, 2022 | -262,000.00 |
| Sep 30, 2022 | -1.03 Mn |
| Jun 30, 2022 | -141.26 Mn |
| Mar 31, 2022 | 5.20 Mn |
| Dec 31, 2021 | 16.50 Mn |
| Sep 30, 2021 | 1.26 Mn |
| Jun 30, 2021 | 1.98 Mn |
| Mar 31, 2021 | 10.64 Mn |
| Dec 31, 2020 | 9.72 Mn |
| Sep 30, 2020 | 3.31 Mn |
| Jun 30, 2020 | 9.04 Mn |
| Mar 31, 2020 | 2.69 Mn |
| Dec 31, 2019 | 8.61 Mn |
| Sep 30, 2019 | -2.91 Mn |
| Jun 30, 2019 | 5.68 Mn |
| Mar 31, 2019 | 1.38 Mn |
| Dec 31, 2018 | 11.43 Mn |
| Sep 30, 2018 | 6.88 Mn |
| Jun 30, 2018 | 8.05 Mn |
| Mar 31, 2018 | 6.16 Mn |
| Dec 31, 2017 | 12.64 Mn |
| Sep 30, 2017 | 7.60 Mn |
| Jun 30, 2017 | 6.32 Mn |
| Mar 31, 2017 | 8.31 Mn |
| Dec 31, 2016 | 11.25 Mn |
| Sep 30, 2016 | 392,000.00 |
| Jun 30, 2016 | 10.66 Mn |