NASDAQ:APEI | Income Statement | AMERICAN PUBLIC EDUCATION INC

Complete source-backed income-statement history.

Available history
2007-12-31 to 2026-06-30
Data captured

Historical Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2026-06-30$171.73M$76.64M$13.53M$14.16M$4.39M$9.77M$0.53$0.5218,362,00018,810,000
2026-03-31$174.74M$74.63M$21.64M$19.25M$1.52M$17.73M$0.97$0.9418,282,00018,804,000
2025-12-31$158.33M$68.96M$18.97M$17.8M$5.19M$12.61M$0.69$0.6829,00064,000
2025-09-30$163.22M$74.7M$9.7M$8.63M$3.07M$5.56M$0.31$0.3018,070,00018,755,000
2025-06-30$162.77M$78.42M$7.03M$5.92M$1.42M$4.5M-$0.02-$0.0218,034,00018,597,000
2025-03-31$164.55M$74.94M$12.25M$11.36M$2.47M$8.89M$0.42$0.4117,840,00018,417,000
2024-12-31$164.11M$71.66M$21.54M$20.95M$7.99M$12.96M$0.65$0.6321,00073,000
2024-09-30$153.12M$75.4M$4.13M$3.5M$1.24M$2.26M$0.04$0.0417,679,00018,247,000
2024-06-30$152.9M$76.22M$2.22M$1.44M-$16,000.00$371,000.00-$0.07-$0.0617,627,00018,134,000
2024-03-31$154.43M$72.43M$5.18M$5.06M$1.21M$516,000.00-$0.06-$0.0617,510,00017,811,000
2023-12-31$152.8M$70.75M$15.93M$15.14M$2.12M$13.01M$0.61$0.61-118,000-101,000
2023-09-30$150.84M$73.23M$6.4M$5.61M$3.71M-$3.33M-$0.27-$0.2717,778,00017,820,000
2023-06-30$147.21M$75M-$65.27M-$66.37M-$15.14M-$51.23M-$2.94-$2.9317,932,00017,991,000
2023-03-31$149.69M$73.89M-$5.37M-$7.15M-$1.41M-$5.74M-$0.38-$0.3818,982,00019,072,000
2022-12-31$152.44M$72.87M-$262,000.00-$7.65M-$1.12M-$6.54M-$0.35-$0.345,0008,000
2022-09-30$149.54M$71.82M-$1.03M-$4.62M-$860,000.00-$3.76M-$0.20-$0.2018,885,00018,927,000
2022-06-30$149.61M$72.09M-$141.26M-$145.36M-$35.33M-$110.03M-$5.83-$5.8218,865,00018,907,000
2022-03-31$154.75M$71.7M$5.2M$6.38M$1.04M$5.33M$0.28$0.2818,805,00018,879,000
2021-12-31$154M$67.37M$16.5M$13.39M$4M$9.38M$0.51$0.51211,000207,000
2021-09-30$98.25M$42.54M$1.26M-$43,000.00$224,000.00-$267,000.00-$0.01-$0.0118,700,00018,855,000
2021-06-30$78.01M$30.39M$1.98M$2M$646,000.00$531,000.00$0.03$0.0318,684,00018,840,000
2021-03-31$88.54M$32.32M$10.64M$10.75M$2.64M$8.11M$0.50$0.4916,211,00016,422,000
2020-12-31$85.91M$31.1M$9.72M$9.81M$2.73M$7.07M$0.48$0.476,00026,000
2020-09-30$79.13M$31.08M$3.31M$3.43M$785,000.00$2.64M$0.18$0.1814,797,00015,011,000
2020-06-30$82.13M$30.74M$9.04M$9.22M$2.53M$6.69M$0.45$0.4514,789,00014,948,000
2020-03-31$74.62M$29.23M$2.69M$3.4M$974,000.00$2.42M$0.16$0.1615,024,00015,116,000
2019-12-31$74.38M$28.01M$8.61M$9.31M$3.59M$5.72M$0.36$0.36-241,000-232,000
2019-09-30$67.89M$27.27M-$2.91M-$1.89M-$239,000.00-$1.64M-$0.10-$0.1015,967,00016,121,000
2019-06-30$70.56M$28.73M$5.68M$6.81M$1.9M$4.92M$0.30$0.3016,512,00016,653,000
2019-03-31$73.44M$27.92M$1.38M$2.44M-$63,000.00$1.01M$0.06$0.0616,533,20516,662,366
2018-12-31$76.93M$28.44M$11.43M$12.42M$3.29M$9.09M$0.55$0.546,5176,468
2018-09-30$72.99M$28.19M$6.88M$7.66M$1.85M$5.5M$0.33$0.3316,423,54816,658,159
2018-06-30$72.8M$28.97M$8.05M$8.71M$2.28M$6.46M$0.39$0.3916,408,40816,645,863
2018-03-31$74.97M$29.69M$6.16M$6.66M$1.87M$4.59M$0.28$0.2816,359,79216,534,053
2017-12-31$78.09M$12.64M$12.78M$1.83M$8.42M$0.52$0.5110,13128,437
2017-09-30$73.28M$7.6M$7.62M$3.29M$4.37M$0.27$0.2716,248,62316,375,512
2017-06-30$72.2M$6.32M$6.33M$2.53M$3.83M$0.24$0.2316,240,95516,360,177
2017-03-31$8.31M$8.32M$3.85M$4.51M$0.28$0.2816,190,06116,320,858
2016-12-31$11.25M$11.26M$4.42M$6.89M$0.43$0.4210,29039,277
2016-09-30$392,000.00$429,000.00$85,000.00$326,000.00$0.02$0.0216,074,70116,233,229
2016-06-30$10.66M$10.7M$4.17M$6.6M$0.41$0.4116,059,35816,195,713
2016-03-31$15.97M$16.01M$6.27M$10.34M$0.64$0.6416,038,24316,171,424
2015-12-31$15.72M$15.76M$6.08M$9.79M$0.60$0.60-167,587-176,042
2015-09-30$10.51M$10.55M$3.8M$6.76M$0.41$0.4116,562,17716,661,795
2015-06-30$11.58M$11.61M$4.55M$7.07M$0.42$0.4216,819,83316,922,637
2015-03-31$14.47M$14.48M$5.65M$8.79M$0.51$0.5117,183,95217,353,529
2014-12-31$18.63M$18.71M$6.77M$11.8M$0.69$0.68-37,185-30,617
2014-09-30$14.65M$14.75M$5.88M$8.84M$0.51$0.5117,255,27117,355,405
2014-06-30$15.84M$15.93M$6.17M$9.8M$0.56$0.5617,367,32817,472,602
2014-03-31$16.73M$16.81M$6.33M$10.44M$0.59$0.5917,599,19917,805,473
2013-12-31$14.52M$14.6M$5.64M$9M$0.51$0.51-33,055-21,798
2013-09-30$17.51M$17.58M$6.61M$10.91M$0.62$0.6117,658,31717,876,747
2013-06-30$17.2M$17.29M$6.54M$10.75M$0.61$0.6017,645,68217,835,623
2013-03-31$18.21M$18.27M$6.85M$11.38M$0.64$0.6317,764,33017,999,961
2012-12-31$21.42M$21.54M$8.28M$13.18M$0.74$0.74-17,805,736-18,085,955
2012-09-30$17.52M$17.55M$6.72M$10.82M$0.61$0.6017,706,08817,950,524
2012-06-30$14.99M$14.96M$5.72M$9.24M$0.52$0.5117,910,78718,151,491
2012-03-31$14.87M$14.89M$5.81M$9.08M$0.51$0.5017,854,11418,233,669
2011-12-31$19.84M$19.87M$6.88M$12.99M$0.73$0.71-10,624-26,204
2011-09-30$15.03M$15.07M$4.13M$10.94M$0.61$0.6017,843,06918,253,426
2011-06-30$60.8M$14.91M$14.94M$5.96M$8.98M$0.50$0.4917,890,29818,345,775
2011-03-31$58.66M$13.07M$13.1M$5.24M$7.86M$0.44$0.4317,934,794,00018,382,313,000
2010-12-31$56.31M$15.83M$15.86M$6.25M$9.61M$0.53$0.52-99,178-133,381
2010-09-30$48.3M$9.32M$9.34M$3.76M$5.59M$0.30$0.3018,430,02118,931,197
2010-06-30$46.25M$11.74M$11.77M$4.75M$7.03M$0.38$0.3718,407,14919,032,440
2010-03-31$47.31M$13.14M$13.16M$5.51M$7.65M$0.42$0.4018,322,09018,979,621
2009-12-31$43.65M$13.96M$13.99M$5.61M$8.38M$0.46$0.4529,0546,478
2009-09-30$36.47M$8.39M$8.42M$3.4M$5.01M$0.28$0.2718,195,58318,910,456
2009-06-30$35.71M$8.78M$8.81M$3.5M$5.31M$0.29$0.2818,161,70018,901,803
2009-03-31$33.16M$8.73M$8.75M$3.51M$5.24M$0.29$0.2818,055,00918,888,600
2008-12-31$31.5M$8.27M$8.36M$3.32M$5.04M$0.28$0.2743,69516,078
2008-09-30$27.4M$6.2M$6.38M$2.57M$3.82M$0.21$0.2017,845,58118,850,558

Annual Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2025-12-31$648.86M$297.02M$47.94M$43.71M$12.15M$31.56M$1.40$1.3618,011,00018,660,000
2024-12-31$624.56M$295.7M$33.07M$30.94M$10.42M$16.11M$0.57$0.5517,625,00018,149,000
2023-12-31$600.55M$292.86M-$48.31M-$52.77M-$10.72M-$47.29M-$2.94-$2.9318,112,00018,193,000
2022-12-31$606.33M$288.47M-$137.35M-$151.25M-$36.28M-$114.99M-$6.10-$6.0818,859,00018,914,000
2021-12-31$418.8M$172.62M$30.37M$26.09M$7.51M$17.75M$0.98$0.9718,085,00018,255,000
2020-12-31$321.79M$122.16M$24.76M$25.85M$7.02M$18.82M$1.27$1.2514,876,00015,047,000
2019-12-31$286.27M$111.92M$12.76M$16.66M$5.19M$10.01M$0.62$0.6216,094,00016,255,000
2018-12-31$297.69M$115.28M$32.53M$35.44M$9.29M$25.64M$1.56$1.5416,404,00016,634,000
2017-12-31$299.25M$116.16M$34.86M$35.04M$11.49M$21.12M$1.30$1.2916,236,00016,380,000
2016-12-31$313.14M$117.01M$38.28M$38.39M$14.94M$24.16M$1.50$1.4916,068,00016,214,000
2015-12-31$52.28M$52.4M$20.07M$32.41M$1.94$1.9316,676,00016,798,000
2014-12-31$65.83M$66.19M$25.15M$40.88M$2.36$2.3317,357,00017,543,000
2013-12-31$67.44M$67.75M$25.65M$42.03M$2.38$2.3517,656,00017,921,000
2012-12-31$68.8M$68.94M$26.53M$42.32M$2.38$2.3517,77218,041
2011-12-31$62.86M$62.97M$22.21M$40.76M$2.28$2.2317,877,00018,295,000
2010-12-31$198.17M$50.02M$50.13M$20.27M$29.87M$1.63$1.5918,281,00018,837,000
2009-12-31$149M$39.87M$39.96M$16.02M$23.94M$1.32$1.2718,167,00018,906,000
2008-12-31$107.15M$25.69M$26.39M$10.21M$16.19M$0.91$0.8617,840,00018,822,000
2007-12-31$69.1M$14.69M$15.58M$6.83M$8.75M$0.69$0.6412,759,00013,601,000