NASDAQ:APEI
American Public Education Inc.
American Public Education Inc.'s revenue grew 3.9% in fiscal 2025 to $648.9M while operating margin rose to 7.4%. Free cash flow was $46.1M, 7.1% of revenue, and the diluted share count rose 2.8%.Summary generated from American Public Education Inc.'s SEC filings. Latest annual report filed Mar 12, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$648.9M
Revenue growth+3.9%
Revenue, 5-yr CAGR+15.1%
Gross margin54.2%
Operating margin7.4%
Net margin4.9%
ROIC14.4%
Return on equity10.5%
Debt / equity0.32
Free cash flow$46.1M
FCF margin7.1%
Share count change+2.8%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 419 | 606 | 601 | 625 | 649 |
| Operating income | 30 | −137 | −48 | 33 | 48 |
| Net income | 18 | −115 | −47 | 16 | 32 |
| Free cash flow | 4 | 13 | 32 | 28 | 46 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 4Insider transaction report
Aug 13, 2026 - 8-KResults of operations and financial condition
Aug 10, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 10, 2026 - 8-KRegulation FD disclosure
Aug 5, 2026 - 8-KResults of a shareholder vote
May 26, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 11, 2026 - 8-KResults of operations and financial condition
May 11, 2026