American Public Education (APEI)
Educates active-duty military and veterans online, and trains nurses on physical campuses.
$40.91
vs last close+0.33 (+0.81%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 151 | 153 | 154 | 153 | 153 | 164 | 165 | 163 | 163 | 158 | 175 | 172 |
| Cost of revenue | 73 | 71 | 72 | 76 | 75 | 72 | 75 | 78 | 75 | 73 | 79 | 77 |
| Gross profit | 78 | 82 | 82 | 77 | 78 | 92 | 90 | 84 | 89 | 85 | 96 | 95 |
| 71 | 66 | 77 | 74 | 74 | 71 | 77 | 77 | 79 | 66 | 74 | 82 | |
| 64 | 56 | 69 | 68 | 68 | 65 | 72 | 73 | 71 | 66 | 74 | 78 | |
| Selling & marketing | 33 | 24 | 32 | 34 | 33 | 29 | 35 | 35 | 36 | 31 | 38 | 40 |
| General & administrative | 31 | 31 | 36 | 34 | 35 | 36 | 36 | 38 | 35 | 35 | 36 | 37 |
| Other expenses | 7 | 10 | 8 | 6 | 5 | 6 | 6 | 4 | 8 | 0 | 0 | 4 |
| Operating income | 6 | 16 | 5 | 2 | 4 | 22 | 12 | 7 | 10 | 19 | 22 | 14 |
| −6 | −1 | −3 | −2 | −1 | −1 | −1 | −1 | −1 | −1 | −3 | 1 | |
| Interest expense | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Other non-operating income | 0 | −5 | 0 | −1 | 0 | −3 | −2 | 0 | −4 | 0 | 2 | −1 |
| Income before tax | 0 | 15 | 2 | 0 | 3 | 21 | 11 | 6 | 9 | 18 | 19 | 14 |
| Income tax expense | 4 | 2 | 1 | 0 | 1 | 8 | 2 | 1 | 3 | 5 | 2 | 4 |
| Net income from continuing operations | −3 | 13 | 1 | 0 | 2 | 13 | 9 | 4 | 6 | 13 | 18 | 10 |
| Net income | −3 | 13 | 1 | 0 | 2 | 13 | 9 | 4 | 6 | 13 | 18 | 10 |
| EPS, basic | −$0.27 | $0.65 | −$0.06 | −$0.07 | $0.04 | $0.65 | $0.42 | −$0.02 | $0.31 | $0.70 | $0.97 | $0.53 |
| EPS, diluted | −$0.27 | $0.64 | −$0.06 | −$0.07 | $0.04 | $0.63 | $0.41 | −$0.02 | $0.30 | $0.67 | $0.94 | $0.52 |
| Weighted average shares, basic | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Weighted average shares, diluted | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 19 | 19 | 19 | 19 |
| EBITDA | 13 | 26 | 10 | 8 | 9 | 28 | 18 | 11 | 18 | 23 | 24 | 18 |
| Depreciation & amortization | 7 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| EBIT | 6 | 21 | 5 | 3 | 4 | 24 | 14 | 7 | 14 | 19 | 20 | 14 |
