American Public Education, Inc.
American Public Education, Inc. (APEI) Financial Performance & Income Statement Overview
Analyze American Public Education, Inc. (APEI) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
American Public Education, Inc. (APEI) Income Statement & Financial Overview
Access detailed annual and quarterly income data for American Public Education, Inc. APEI financial performance.
| 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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