American Public Education, Inc. (APEI)

American Public Education Revenue

American Public Education had revenue of $171.73M in the quarter ending June 30, 2026, with 5.51% growth. This brings the company's total for the last twelve months to $668.01M, up 3.64% year-over-year. In the year 2025, American Public Education had annual revenue of $648.86M with 3.89% growth. That makes American Public Education the 9,665th largest company in the world by revenue and 2,106th in the United States.

• Revenue (ttm): $668.01M
• Revenue Growth: +3.64%
• P/S Ratio: 1.02
• Revenue / Employee: $114,366
• Employees: 5,841
• Market Cap: 682.28M

Revenue Chart

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Revenue by Segment

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• Military 319.84M 49.3%
• Rasmussen University Segment 246.23M 37.9%
• Hondros College of Nursing Segment 74.98M 11.6%
• Corporate and Other 7.81M 1.2%

Fiscal year ended Dec 31, 2025 See the full American Public Education breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	648.86M	24.30M	3.89%
Dec 31, 2024	624.56M	24.01M	4.00%
Dec 31, 2023	600.55M	-5.78M	-0.95%
Dec 31, 2022	606.33M	187.53M	44.78%
Dec 31, 2021	418.80M	97.02M	30.15%
Dec 31, 2020	321.79M	35.52M	12.41%
Dec 31, 2019	286.27M	-11.42M	-3.84%
Dec 31, 2018	297.69M	-1.56M	-0.52%
Dec 31, 2017	299.25M	-13.89M	-4.44%
Dec 31, 2016	313.14M	-14.77M	-4.50%
Dec 31, 2015	327.91M	-22.11M	-6.32%
Dec 31, 2014	350.02M	20.54M	6.23%
Dec 31, 2013	329.48M	15.96M	5.09%
Dec 31, 2012	313.52M	53.14M	20.41%
Dec 31, 2011	260.38M	62.20M	31.39%
Dec 31, 2010	198.17M	49.18M	33.00%
Dec 31, 2009	149.00M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Aug 10, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 5, 2026

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