Growth Metrics

American Public Education (APEI) Receivables - Net (2016 - 2026)

Quarterly Receivables - Net fell 7.55% to $38.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $38.7 million through Mar 2026, down 7.55% year-over-year, with the annual reading at $65.7 million for FY2025, 5.12% up from the prior year.

American Public Education's Receivables - Net history spans 18 years, with the latest figure at $38.7 million for Q1 2026.

  • Receivables - Net came in at $38.7 million for Q1 2026, down from $65.7 million in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $65.7 million in Q4 2025 to a low of $26.8 million in Q2 2022.
  • The 5-year median for Receivables - Net is $38.8 million (2024), against an average of $40.8 million.
  • Year-over-year, Receivables - Net soared 150.44% in 2022 and then dropped 7.55% in 2026.
  • American Public Education's Receivables - Net stood at $42.4 million in 2022, then grew by 20.35% to $51.0 million in 2023, then rose by 22.55% to $62.5 million in 2024, then increased by 5.12% to $65.7 million in 2025, then crashed by 41.05% to $38.7 million in 2026.
  • Per Business Quant, the three most recent readings for APEI's Receivables - Net are $38.7 million (Q1 2026), $65.7 million (Q4 2025), and $43.9 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

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DateValue
Mar 31, 2026 38.71 Mn
Mar 31, 2026 38.71 Mn
Dec 31, 2025 65.66 Mn
Dec 31, 2025 65.66 Mn
Sep 30, 2025 43.91 Mn
Sep 30, 2025 43.91 Mn
Jun 30, 2025 37.58 Mn
Jun 30, 2025 37.58 Mn
Mar 31, 2025 41.87 Mn
Mar 31, 2025 41.87 Mn
Dec 31, 2024 62.47 Mn
Dec 31, 2024 62.47 Mn
Sep 30, 2024 42.65 Mn
Sep 30, 2024 42.65 Mn
Jun 30, 2024 38.83 Mn
Jun 30, 2024 38.83 Mn
Mar 31, 2024 44.57 Mn
Mar 31, 2024 44.57 Mn
Dec 31, 2023 50.97 Mn
Dec 31, 2023 50.97 Mn
Sep 30, 2023 29.05 Mn
Sep 30, 2023 29.05 Mn
Jun 30, 2023 30.46 Mn
Jun 30, 2023 30.46 Mn
Mar 31, 2023 37.07 Mn
Mar 31, 2023 37.07 Mn
Dec 31, 2022 42.35 Mn
Dec 31, 2022 42.35 Mn
Sep 30, 2022 27.53 Mn
Sep 30, 2022 27.53 Mn
Jun 30, 2022 26.82 Mn
Jun 30, 2022 26.82 Mn
Mar 31, 2022 33.66 Mn
Mar 31, 2022 33.66 Mn
Dec 31, 2021 36.03 Mn
Dec 31, 2021 36.03 Mn
Sep 30, 2021 29.45 Mn
Sep 30, 2021 29.45 Mn
Jun 30, 2021 18.95 Mn
Jun 30, 2021 18.95 Mn
Mar 31, 2021 13.44 Mn
Mar 31, 2021 13.44 Mn
Dec 31, 2020 17.65 Mn
Dec 31, 2020 17.65 Mn
Sep 30, 2020 9.56 Mn
Sep 30, 2020 9.56 Mn
Jun 30, 2020 6.92 Mn
Jun 30, 2020 6.92 Mn
Mar 31, 2020 6.50 Mn
Mar 31, 2020 6.50 Mn
Dec 31, 2019 11.33 Mn
Dec 31, 2019 11.33 Mn
Sep 30, 2019 7.94 Mn
Sep 30, 2019 7.94 Mn
Jun 30, 2019 6.41 Mn
Jun 30, 2019 6.41 Mn
Mar 31, 2019 14.10 Mn
Mar 31, 2019 14.10 Mn
Dec 31, 2018 14.06 Mn
Dec 31, 2018 14.06 Mn
Sep 30, 2018 13.27 Mn
Sep 30, 2018 13.27 Mn
Jun 30, 2018 7.00 Mn
Jun 30, 2018 7.00 Mn
Mar 31, 2018 7.92 Mn
Mar 31, 2018 7.92 Mn
Dec 31, 2017 7.14 Mn
Dec 31, 2017 7.14 Mn
Sep 30, 2017 6.39 Mn
Sep 30, 2017 6.39 Mn
Jun 30, 2017 6.20 Mn
Jun 30, 2017 6.20 Mn
Mar 31, 2017 6.20 Mn
Mar 31, 2017 6.20 Mn
Dec 31, 2016 6.95 Mn
Dec 31, 2016 6.95 Mn
Sep 30, 2016 5.88 Mn
Sep 30, 2016 5.88 Mn
Jun 30, 2016 6.46 Mn
Jun 30, 2016 6.46 Mn