American Public Education (APEI) Operating Leases (2019 - 2026)
Quarterly Operating Leases fell 40.95% to $54.0 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $54.0 million through Mar 2026, down 40.95% year-over-year, with the annual reading at $56.9 million for FY2025, 39.22% down from the prior year.
American Public Education's Operating Leases history spans 8 years, with the latest figure at $54.0 million for Q1 2026.
- Operating Leases came in at $54.0 million for Q1 2026, down from $56.9 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $117.1 million in Q2 2022 to a low of $54.0 million in Q1 2026.
- The 5-year median for Operating Leases is $96.7 million (2023), against an average of $95.3 million.
- Year-over-year, Operating Leases surged 1148.59% in 2022 and then plummeted 40.95% in 2026.
- American Public Education's Operating Leases stood at $101.4 million in 2022, then fell by 4.62% to $96.7 million in 2023, then fell by 3.2% to $93.6 million in 2024, then tumbled by 39.22% to $56.9 million in 2025, then dropped by 5.11% to $54.0 million in 2026.
- Per Business Quant, the three most recent readings for APEI's Operating Leases are $54.0 million (Q1 2026), $56.9 million (Q4 2025), and $71.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.01 Mn |
| Dec 31, 2025 | 56.92 Mn |
| Sep 30, 2025 | 71.88 Mn |
| Jun 30, 2025 | 88.16 Mn |
| Mar 31, 2025 | 91.47 Mn |
| Dec 31, 2024 | 93.65 Mn |
| Sep 30, 2024 | 96.67 Mn |
| Jun 30, 2024 | 112.63 Mn |
| Mar 31, 2024 | 95.84 Mn |
| Dec 31, 2023 | 96.74 Mn |
| Sep 30, 2023 | 111.50 Mn |
| Jun 30, 2023 | 114.83 Mn |
| Mar 31, 2023 | 102.73 Mn |
| Dec 31, 2022 | 101.42 Mn |
| Sep 30, 2022 | 116.91 Mn |
| Jun 30, 2022 | 117.07 Mn |
| Mar 31, 2022 | 96.86 Mn |
| Dec 31, 2021 | 69.49 Mn |
| Sep 30, 2021 | 87.30 Mn |
| Jun 30, 2021 | 9.38 Mn |
| Mar 31, 2021 | 7.84 Mn |
| Dec 31, 2020 | 6.46 Mn |
| Sep 30, 2020 | 7.00 Mn |
| Jun 30, 2020 | 10.66 Mn |
| Mar 31, 2020 | 11.22 Mn |
| Dec 31, 2019 | 9.50 Mn |
| Sep 30, 2019 | 10.67 Mn |
| Jun 30, 2019 | 9.18 Mn |
| Mar 31, 2019 | 9.69 Mn |