American Public Education (APEI) Shares Outstanding (Diluted Average) (2016 - 2026)
Quarterly Shares Outstanding (Diluted Average) rose 2.1% to $18.8 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $18.8 million through Mar 2026, up 2.1% year-over-year, with the annual reading at $18.7 million for FY2025, 2.82% up from the prior year.
American Public Education's Shares Outstanding (Diluted Average) history spans 18 years, with the latest figure at $18.8 million for Q1 2026.
- Shares Outstanding (Diluted Average) came in at $18.8 million for Q1 2026, up from $18.7 million in the prior quarter.
- In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $19.1 million in Q1 2023 to a low of $17.8 million in Q1 2024.
- The 5-year median for Shares Outstanding (Diluted Average) is $18.5 million (2025), against an average of $18.5 million.
- Year-over-year, Shares Outstanding (Diluted Average) rose 14.96% in 2022 and then dropped 6.61% in 2024.
- American Public Education's Shares Outstanding (Diluted Average) stood at $18.9 million in 2022, then dropped by 3.81% to $18.2 million in 2023, then fell by 0.24% to $18.1 million in 2024, then increased by 2.82% to $18.7 million in 2025, then grew by 0.77% to $18.8 million in 2026.
- Per Business Quant, the three most recent readings for APEI's Shares Outstanding (Diluted Average) are $18.8 million (Q1 2026), $18.7 million (Q4 2025), and $18.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 355.00 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 4.38 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 | 55.74 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 22.17 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 31.33 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 18.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.80 Mn |
| Dec 31, 2025 | 18.66 Mn |
| Sep 30, 2025 | 18.76 Mn |
| Jun 30, 2025 | 18.50 Mn |
| Mar 31, 2025 | 18.42 Mn |
| Dec 31, 2024 | 18.15 Mn |
| Sep 30, 2024 | 18.08 Mn |
| Jun 30, 2024 | 17.99 Mn |
| Mar 31, 2024 | 17.81 Mn |
| Dec 31, 2023 | 18.19 Mn |
| Sep 30, 2023 | 17.82 Mn |
| Jun 30, 2023 | 17.99 Mn |
| Mar 31, 2023 | 19.07 Mn |
| Dec 31, 2022 | 18.91 Mn |
| Sep 30, 2022 | 18.91 Mn |
| Jun 30, 2022 | 18.89 Mn |
| Mar 31, 2022 | 18.88 Mn |
| Dec 31, 2021 | 18.26 Mn |
| Sep 30, 2021 | 18.05 Mn |
| Jun 30, 2021 | 17.65 Mn |
| Mar 31, 2021 | 16.42 Mn |
| Dec 31, 2020 | 15.05 Mn |
| Sep 30, 2020 | 15.02 Mn |
| Jun 30, 2020 | 14.95 Mn |
| Mar 31, 2020 | 15.12 Mn |
| Dec 31, 2019 | 16.26 Mn |
| Sep 30, 2019 | 16.49 Mn |
| Jun 30, 2019 | 16.65 Mn |
| Mar 31, 2019 | 16.66 Mn |
| Dec 31, 2018 | 16.63 Mn |
| Sep 30, 2018 | 16.63 Mn |
| Jun 30, 2018 | 16.61 Mn |
| Mar 31, 2018 | 16.53 Mn |
| Dec 31, 2017 | 16.38 Mn |
| Sep 30, 2017 | 16.38 Mn |
| Jun 30, 2017 | 16.34 Mn |
| Mar 31, 2017 | 16.32 Mn |
| Dec 31, 2016 | 16.21 Mn |
| Sep 30, 2016 | 16.23 Mn |
| Jun 30, 2016 | 16.20 Mn |