American Public Education (APEI) Revenue & Revenue Breakdown


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American Public Education Revenue Highlights


Latest Revenue (Y)

$600.54M

Latest Revenue (Q)

$154.43M

Main Segment (Y)

Instructional Services, Net Of Grants And Scholarships

Main Geography (Y)

American Public Education Inc Segment

American Public Education Revenue by Period


American Public Education Revenue by Year

DateRevenueChange
2023-12-31$600.54M-0.95%
2022-12-31$606.33M44.78%
2021-12-31$418.80M30.15%
2020-12-31$321.79M12.41%
2019-12-31$286.27M-3.84%
2018-12-31$297.69M-0.52%
2017-12-31$299.25M-4.44%
2016-12-31$313.14M-4.50%
2015-12-31$327.91M-6.32%
2014-12-31$350.02M6.23%
2013-12-31$329.48M5.09%
2012-12-31$313.52M20.41%
2011-12-31$260.38M31.39%
2010-12-31$198.17M33.00%
2009-12-31$149.00M39.06%
2008-12-31$107.15M55.07%
2007-12-31$69.09M72.54%
2006-12-31$40.05M42.11%
2005-12-31$28.18M21.88%
2004-12-31$23.12M30.19%
2003-12-31$17.76M-

American Public Education generated $600.54M in revenue during NA 2023, up -0.95% compared to the previous quarter, and up 201.74% compared to the same period a year ago.

American Public Education Revenue by Quarter

DateRevenueChange
2024-03-31$154.43M1.07%
2023-12-31$152.80M1.30%
2023-09-30$150.84M2.46%
2023-06-30$147.21M-1.65%
2023-03-31$149.69M-1.80%
2022-12-31$152.44M1.94%
2022-09-30$149.53M-0.05%
2022-06-30$149.61M-3.32%
2022-03-31$154.75M0.49%
2021-12-31$154.00M56.75%
2021-09-30$98.25M25.94%
2021-06-30$78.01M-11.89%
2021-03-31$88.54M3.06%
2020-12-31$85.91M8.56%
2020-09-30$79.13M-3.65%
2020-06-30$82.13M10.07%
2020-03-31$74.62M0.32%
2019-12-31$74.38M9.56%
2019-09-30$67.89M-3.79%
2019-06-30$70.56M-3.92%
2019-03-31$73.44M-4.54%
2018-12-31$76.93M5.40%
2018-09-30$72.99M0.27%
2018-06-30$72.80M-2.89%
2018-03-31$74.97M-3.99%
2017-12-31$78.08M6.56%
2017-09-30$73.28M1.50%
2017-06-30$72.20M-4.61%
2017-03-31$75.69M-3.74%
2016-12-31$78.63M6.53%
2016-09-30$73.80M-3.83%
2016-06-30$76.75M-8.60%
2016-03-31$83.97M-2.27%
2015-12-31$85.91M12.61%
2015-09-30$76.29M-4.95%
2015-06-30$80.26M-6.06%
2015-03-31$85.44M-6.41%
2014-12-31$91.30M7.78%
2014-09-30$84.71M-0.88%
2014-06-30$85.46M-3.49%
2014-03-31$88.55M6.77%
2013-12-31$82.94M1.42%
2013-09-30$81.78M1.05%
2013-06-30$80.92M-3.48%
2013-03-31$83.84M-2.51%
2012-12-31$86.00M11.51%
2012-09-30$77.12M3.42%
2012-06-30$74.57M-1.65%
2012-03-31$75.82M0.20%
2011-12-31$75.67M15.96%
2011-09-30$65.25M7.33%
2011-06-30$60.80M3.63%
2011-03-31$58.66M4.17%
2010-12-31$56.31M16.60%
2010-09-30$48.30M4.41%
2010-06-30$46.25M-2.23%
2010-03-31$47.31M8.38%
2009-12-31$43.65M19.69%
2009-09-30$36.47M2.12%
2009-06-30$35.71M7.70%
2009-03-31$33.16M5.26%
2008-12-31$31.50M14.96%
2008-09-30$27.40M9.62%
2008-06-30$25.00M7.56%
2008-03-31$23.24M9.51%
2007-12-31$21.22M-

American Public Education generated $154.43M in revenue during Q1 2024, up 1.07% compared to the previous quarter, and up 101.31% compared to the same period a year ago.

American Public Education Revenue Breakdown


American Public Education Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Other Fees$3.81M$4.57M$2.75M$1.32M$1.26M
Textbook And Other Course Materials$40.26M$45.70M$20.16M$5.20M$3.65M
Instructional Services, Net Of Grants And Scholarships$554.71M$554.70M$394.59M$313.93M$280.22M
Graduation Fees$1.76M$1.35M$1.31M$1.34M$1.14M

American Public Education's latest annual revenue breakdown by segment (product or service), as of Dec 23: Instructional Services, Net Of Grants And Scholarships (92.37%), Textbook And Other Course Materials (6.70%), Other Fees (0.63%), and Graduation Fees (0.29%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Textbook And Other Course Materials$10.46M$10.16M$9.50M$9.89M$10.70M$10.88M$11.45M$11.42M$11.96M$12.07M$4.84M$1.61M$1.63M$1.56M$1.41M$1.19M$1.03M$1.14M$854.00K$799.00K
Other Fees$1.03M$978.00K$953.00K$960.00K$916.00K$1.17M$1.11M$1.09M$1.20M$1.77M$350.00K$275.00K$354.00K$308.00K$353.00K$330.00K$621.00K$315.00K$317.00K$305.00K
Graduation Fees$660.00K$626.00K$381.00K$388.00K$369.00K$259.00K$374.00K$380.00K$335.00K$267.00K$397.00K$272.00K$373.00K$335.00K$400.00K$275.00K$326.00K$202.00K$352.00K$274.00K
Instructional Services, Net Of Grants And Scholarships$142.28M$141.03M$140.00M$135.97M$137.70M$140.13M$136.61M$136.72M$141.25M$139.89M$92.66M$75.85M$86.18M$83.70M$76.97M$80.33M$72.64M$72.73M$66.36M$69.18M

American Public Education's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Instructional Services, Net Of Grants And Scholarships (92.13%), Textbook And Other Course Materials (6.78%), Other Fees (0.67%), and Graduation Fees (0.43%).

American Public Education Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
American Public Education Inc Segment$303.30M$285.13M$283.70M$285.77M-
American Public Education Segment----$256.90M

American Public Education's latest annual revenue breakdown by geography, as of Dec 23: American Public Education Inc Segment (100.00%).

Quarterly Revenue by Country

CountryMar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
American Public Education Segment$80.66M$76.41M$73.56M$73.98M$68.73M$69.90M$73.09M$66.89M$77.42M$69.61M$73.55M$67.09M$66.51M$61.22M$63.45M$65.72M$66.85M$63.85M--
American Public Education Inc Segment----$73.40M$68.73M--------------
American Public University System Segment--------$65.91M-----------

American Public Education's latest quarterly revenue breakdown by geography, as of Mar 24: American Public Education Segment (100.00%).

American Public Education Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AFYAAfya$2.88B$804.24M
STGSunlands Technology Group$2.16B$523.24M
LRNStride$2.04B$520.84M
ATGEAdtalem Global Education$1.58B$412.66M
LAURLaureate Education$1.48B$33.30M
STRAStrategic Education$1.13B$312.27M
IHiHuman$1.02B$250.45M
APEIAmerican Public Education$600.54M$154.43M
LINCLincoln Educational Services$378.07M$102.91M
LOPEGrand Canyon Education--

APEI Revenue FAQ


American Public Education's yearly revenue for 2023 was $600.54M, representing a decrease of -0.95% compared to 2022. The company's yearly revenue for 2022 was $606.33M, representing an increase of 44.78% compared to 2021. APEI's yearly revenue for 2021 was $418.8M, representing an increase of 30.15% compared to 2020.

American Public Education's quarterly revenue for Q1 2024 was $154.43M, a 1.07% increase from the previous quarter (Q4 2023), and a 3.17% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $152.8M, a 1.30% increase from the previous quarter (Q3 2023), and a 0.24% increase year-over-year (Q4 2022). APEI's quarterly revenue for Q3 2023 was $150.84M, a 2.46% increase from the previous quarter (Q2 2023), and a 0.87% increase year-over-year (Q3 2022).

American Public Education's revenue growth rate for the last 3 years (2021-2023) was 43.40%, and for the last 5 years (2019-2023) was 109.78%.

American Public Education's revenue streams in c 23 are Other Fees, Textbook And Other Course Materials, Instructional Services, Net Of Grants And Scholarships, and Graduation Fees. Other Fees generated $3.81M in revenue, accounting 0.63% of the company's total revenue, down -16.77% year-over-year. Textbook And Other Course Materials generated $40.26M in revenue, accounting 6.70% of the company's total revenue, down -11.90% year-over-year. Instructional Services, Net Of Grants And Scholarships generated $554.71M in revenue, accounting 92.37% of the company's total revenue, up 0.00% year-over-year. Graduation Fees generated $1.76M in revenue, accounting 0.29% of the company's total revenue, up 30.86% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of American Public Education was Instructional Services, Net Of Grants And Scholarships. This segment made a revenue of $554.71M, representing 92.37% of the company's total revenue.