About American Public Education, Inc.
https://www.apei.comAmerican Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing.

CEO
Angela K. Selden
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 95
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

DA Davidson
Buy

Lake Street
Buy

B. Riley Securities
Buy

Barrington Research
Outperform

Northland Capital Markets
Outperform

William Blair
Outperform
Grade Summary
Showing Top 6 of 7
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:1.56M
Value:$60.58M

325 CAPITAL LLC
Shares:1.53M
Value:$59.4M

BLACKROCK INC.
Shares:1.46M
Value:$56.84M
Summary
Showing Top 3 of 199
About American Public Education, Inc.
https://www.apei.comAmerican Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education. The company operates through three segments: American Public University System, Rasmussen University, and Hondros College of Nursing.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $163.22M ▲ | $78.82M ▲ | $5.56M ▲ | 3.41% ▲ | $0.31 ▲ | $13.64M ▲ |
| Q2-2025 | $162.77M ▼ | $77.32M ▼ | $4.5M ▼ | 2.76% ▼ | $-0.02 ▼ | $11.15M ▼ |
| Q1-2025 | $164.55M ▲ | $77.36M ▲ | $8.89M ▼ | 5.4% ▼ | $0.42 ▼ | $16.24M ▼ |
| Q4-2024 | $164.11M ▲ | $70.91M ▼ | $12.96M ▲ | 7.9% ▲ | $0.65 ▲ | $25.4M ▲ |
| Q3-2024 | $153.12M | $73.59M | $2.26M | 1.48% | $0.04 | $9.21M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $191.34M ▲ | $525.3M ▼ | $245.96M ▼ | $279.34M ▲ |
| Q2-2025 | $174.95M ▲ | $537.37M ▼ | $265.13M ▼ | $272.24M ▼ |
| Q1-2025 | $161.6M ▲ | $578.66M ▲ | $268.65M ▲ | $310.01M ▲ |
| Q4-2024 | $131.93M ▼ | $570.1M ▲ | $266.22M ▼ | $303.88M ▲ |
| Q3-2024 | $162.25M | $569.59M | $279.17M | $290.42M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $5.56M ▲ | $21.71M ▲ | $-4.9M ▼ | $-248K ▲ | $16.57M ▲ | $17.51M ▲ |
| Q2-2025 | $4.5M ▼ | $14.81M ▼ | $18.75M ▲ | $-44.48M ▼ | $-10.92M ▼ | $11.11M ▼ |
| Q1-2025 | $8.89M ▼ | $37M ▲ | $-3.4M ▼ | $-5.04M ▼ | $28.56M ▲ | $33.1M ▲ |
| Q4-2024 | $12.96M ▲ | $1.6M ▼ | $-3.35M ▲ | $-1.55M ▲ | $-3.31M ▼ | $-1.75M ▼ |
| Q3-2024 | $2.26M | $14.07M | $-6.31M | $-1.71M | $6.06M | $7.76M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Graduation Fees | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Instructional Services Net Of Grants And Scholarships | $290.00M ▲ | $150.00M ▼ | $150.00M ▲ | $150.00M ▲ |
Other Fees | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Textbook And Other Course Materials | $20.00M ▲ | $10.00M ▼ | $10.00M ▲ | $10.00M ▲ |
Revenue by Geography
| Region | Q3-2024 | Q1-2025 | Q3-2025 | Q2-2025 |
|---|---|---|---|---|
American Public Education Segment | $80.00M ▲ | $80.00M ▲ | $80.00M ▲ | $80.00M ▲ |

CEO
Angela K. Selden
Compensation Summary
(Year 2024)
ETFs Holding This Stock
Summary
Showing Top 3 of 95
Ratings Snapshot
Rating : B
Most Recent Analyst Grades

DA Davidson
Buy

Lake Street
Buy

B. Riley Securities
Buy

Barrington Research
Outperform

Northland Capital Markets
Outperform

William Blair
Outperform
Grade Summary
Showing Top 6 of 7
Price Target
Institutional Ownership

BLACKROCK, INC.
Shares:1.56M
Value:$60.58M

325 CAPITAL LLC
Shares:1.53M
Value:$59.4M

BLACKROCK INC.
Shares:1.46M
Value:$56.84M
Summary
Showing Top 3 of 199




