American Public Education (APEI) Research & Development (2009 - 2026)
American Public Education (APEI) posted Research & Development of $40.1 million for Q2 2026, up 5.94% on a QoQ basis from $37.9 million in Q1 2026, and up 14.46% year-over-year from $35.0 million in Q2 2025.
American Public Education (APEI) Research & Development (2009 - 2026) Analysis & Trends
American Public Education has reported Research & Development for 18 years, with the latest figure at $40.1 million in Q2 2026.
- On a quarterly basis, Research & Development rose 14.46% year-over-year to $40.1 million in Q2 2026; TTM through Jun 2026 was $145.0 million, a 9.2% increase from a year earlier, with the FY2025 full-year figure at $137.3 million, up 6.55% from the prior year.
- Research & Development was $40.1 million for Q2 2026 at American Public Education, up from $37.9 million in the prior quarter.
- The five-year high for Research & Development was $40.9 million in Q3 2022, with the low at $26.8 million in Q4 2023.
- Average Research & Development over 5 years is $35.1 million, with a median of $35.1 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Research & Development jumped 104.95% in 2022, then slumped 30.64% in 2023.
- Over 5 years, Research & Development stood at $38.6 million in 2022, then plunged by 30.64% to $26.8 million in 2023, then rose by 8.62% to $29.1 million in 2024, then gained by 6.21% to $30.9 million in 2025, then gained by 29.99% to $40.1 million in 2026.
- The last three Research & Development figures came in at $40.1 million (Q2 2026), $37.9 million (Q1 2026), and $30.9 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | - |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 262.52 Mn |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | - |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | - |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | - |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | - |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | - |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | 172.03 Mn |
| 10 | American Public Education | 760.06 Mn | 537.26 Mn | 95.09 Mn | 40.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.12 Mn |
| Mar 31, 2026 | 37.87 Mn |
| Dec 31, 2025 | 30.86 Mn |
| Sep 30, 2025 | 36.14 Mn |
| Jun 30, 2025 | 35.05 Mn |
| Mar 31, 2025 | 35.21 Mn |
| Dec 31, 2024 | 29.06 Mn |
| Sep 30, 2024 | 33.46 Mn |
| Jun 30, 2024 | 33.84 Mn |
| Mar 31, 2024 | 32.46 Mn |
| Dec 31, 2023 | 26.75 Mn |
| Sep 30, 2023 | 33.32 Mn |
| Jun 30, 2023 | 32.97 Mn |
| Mar 31, 2023 | 39.92 Mn |
| Dec 31, 2022 | 38.57 Mn |
| Sep 30, 2022 | 40.92 Mn |
| Jun 30, 2022 | 35.85 Mn |
| Mar 31, 2022 | 39.32 Mn |
| Dec 31, 2021 | 32.97 Mn |
| Sep 30, 2021 | 23.46 Mn |
American Public Education Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=APEI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "APEI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=APEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();