American Public Education (APEI) Operating Margin (2009 - 2026)

American Public Education's Operating Margin history runs 18 years deep, the most recent figure standing at 12.39% for Q1 2026.

• In Q1 2026, Operating Margin rose 494.0% year-over-year to 12.39%; the TTM figure through Mar 2026 stood at 8.7% (up 238.0% YoY), while the FY2025 annual figure was 7.39%, up 209.0% from the prior year.
• Operating Margin was 12.39% for Q1 2026 at American Public Education, up from 11.98% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 13.12% in Q4 2024 to a low of 94.42% in Q2 2022.
• Historically, Operating Margin has averaged 3.68% across 5 years, with a median of 3.36% in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 9695 bps in 2022, then jumped 5008 bps in 2023.
• A 5-year view of Operating Margin shows it stood at 0.17% in 2022, then jumped by 6166 bps to 10.43% in 2023, then increased by 26 bps to 13.12% in 2024, then dropped by 9 bps to 11.98% in 2025, then increased by 3 bps to 12.39% in 2026.
• The last three Operating Margin figures came in at 12.39% (Q1 2026), 11.98% (Q4 2025), and 5.94% (Q3 2025), per Business Quant data.