American Public Education, Inc.
American Public Education, Inc. (APEI) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for American Public Education, Inc. (APEI), featuring income statements, balance sheets, and cash flow data.
American Public Education, Inc. (APEI) Income Statement & Financial Overview
View the income breakdown for American Public Education, Inc. APEI across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $164.55M | $164.11M | $153.12M | $152.90M |
| Cost of Revenue | $74.94M | $71.66M | $80.48M | $81.45M |
| Gross Profit | $89.61M | $88.59M | $72.64M | $71.45M |
| Gross Profit Ratio | $0.54 | $0.54 | $0.47 | $0.47 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $71.61M | $65.28M | $68.49M | $68.26M |
| Operating Expenses | $77.36M | $70.91M | $68.49M | $68.26M |
| Total Costs & Expenses | $152.31M | $142.57M | $148.99M | $149.71M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $887000.00 | $585000.00 | $631000.00 | $785000.00 |
| Depreciation & Amortization | $3.99M | $3.86M | $5.08M | $5.23M |
| EBITDA | $16.24M | $25.40M | $9.21M | $8.41M |
| EBITDA Ratio | $0.10 | $0.15 | $0.06 | $0.06 |
| Operating Income | $12.25M | $21.54M | $4.13M | $2.22M |
| Operating Income Ratio | $0.07 | $0.13 | $0.03 | $0.01 |
| Other Income/Expenses (Net) | -$887000.00 | -$585000.00 | -$631000.00 | -$785000.00 |
| Income Before Tax | $11.36M | $20.95M | $3.50M | $1.44M |
| Income Before Tax Ratio | $0.07 | $0.13 | $0.02 | $0.009 |
| Income Tax Expense | $2.47M | $7.99M | $1.24M | -$16000.00 |
| Net Income | $8.89M | $12.96M | $2.26M | $371000.00 |
| Net Income Ratio | $0.05 | $0.08 | $0.01 | $0.002 |
| EPS | $0.42 | $0.65 | $0.04 | -$0.07 |
| Diluted EPS | $0.41 | $0.63 | $0.04 | -$0.07 |
| Weighted Avg Shares Outstanding | $17.84M | $17.69M | $17.68M | $17.63M |
| Weighted Avg Shares Outstanding (Diluted) | $18.42M | $18.37M | $18.25M | $17.63M |
Over the last four quarters, American Public Education, Inc. achieved steady financial progress, growing revenue from $152.90M in Q2 2024 to $164.55M in Q1 2025. Gross profit stayed firm with margins at 54% in Q1 2025 versus 47% in Q2 2024. Operating income totaled $12.25M in Q1 2025, maintaining a 7% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $16.24M. Net income dropped to $8.89M, with EPS at $0.42. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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