American Public Education (APEI) Revenue & Revenue Breakdown

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American Public Education Revenue Highlights

Latest Revenue (Y)

$600.54M

Latest Revenue (Q)

$153.12M

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

Date	Revenue	Change
2023-12-31	$600.54M	-0.95%
2022-12-31	$606.33M	44.78%
2021-12-31	$418.80M	30.15%
2020-12-31	$321.79M	12.41%
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	$350.02M	6.23%
2013-12-31	$329.48M	5.09%
2012-12-31	$313.52M	20.41%
2011-12-31	$260.38M	31.39%
2010-12-31	$198.17M	33.00%
2009-12-31	$149.00M	39.06%
2008-12-31	$107.15M	55.07%
2007-12-31	$69.09M	72.54%
2006-12-31	$40.05M	42.11%
2005-12-31	$28.18M	21.88%
2004-12-31	$23.12M	30.19%
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

Date	Revenue	Change
2024-09-30	$153.12M	0.15%
2024-06-30	$152.90M	-1.00%
2024-03-31	$154.43M	1.07%
2023-12-31	$152.80M	1.30%
2023-09-30	$150.84M	2.46%
2023-06-30	$147.21M	-1.65%
2023-03-31	$149.69M	-1.80%
2022-12-31	$152.44M	1.94%
2022-09-30	$149.53M	-0.05%
2022-06-30	$149.61M	-3.32%
2022-03-31	$154.75M	0.49%
2021-12-31	$154.00M	56.75%
2021-09-30	$98.25M	25.94%
2021-06-30	$78.01M	-11.89%
2021-03-31	$88.54M	3.06%
2020-12-31	$85.91M	8.56%
2020-09-30	$79.13M	-3.65%
2020-06-30	$82.13M	10.07%
2020-03-31	$74.62M	0.32%
2019-12-31	$74.38M	9.56%
2019-09-30	$67.89M	-3.79%
2019-06-30	$70.56M	-3.92%
2019-03-31	$73.44M	-4.54%
2018-12-31	$76.93M	5.40%
2018-09-30	$72.99M	0.27%
2018-06-30	$72.80M	-2.89%
2018-03-31	$74.97M	-3.99%
2017-12-31	$78.08M	6.56%
2017-09-30	$73.28M	1.50%
2017-06-30	$72.20M	-4.61%
2017-03-31	$75.69M	-3.74%
2016-12-31	$78.63M	6.53%
2016-09-30	$73.80M	-3.83%
2016-06-30	$76.75M	-8.60%
2016-03-31	$83.97M	-2.27%
2015-12-31	$85.91M	12.61%
2015-09-30	$76.29M	-4.95%
2015-06-30	$80.26M	-6.06%
2015-03-31	$85.44M	-6.41%
2014-12-31	$91.30M	7.78%
2014-09-30	$84.71M	-0.88%
2014-06-30	$85.46M	-3.49%
2014-03-31	$88.55M	6.77%
2013-12-31	$82.94M	1.42%
2013-09-30	$81.78M	1.05%
2013-06-30	$80.92M	-3.48%
2013-03-31	$83.84M	-2.51%
2012-12-31	$86.00M	11.51%
2012-09-30	$77.12M	3.42%
2012-06-30	$74.57M	-1.65%
2012-03-31	$75.82M	0.20%
2011-12-31	$75.67M	15.96%
2011-09-30	$65.25M	7.33%
2011-06-30	$60.80M	3.63%
2011-03-31	$58.66M	4.17%
2010-12-31	$56.31M	16.60%
2010-09-30	$48.30M	4.41%
2010-06-30	$46.25M	-2.23%
2010-03-31	$47.31M	8.38%
2009-12-31	$43.65M	19.69%
2009-09-30	$36.47M	2.12%
2009-06-30	$35.71M	7.70%
2009-03-31	$33.16M	5.26%
2008-12-31	$31.50M	14.96%
2008-09-30	$27.40M	9.62%
2008-06-30	$25.00M	7.56%
2008-03-31	$23.24M	9.51%
2007-12-31	$21.22M	-

American Public Education generated $153.12M in revenue during Q3 2024, up 0.15% compared to the previous quarter, and up 104.01% 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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Textbook And Other Course Materials	$40.26M	$45.70M	$20.16M	$5.20M	$3.65M
Other Fees	$3.81M	$4.57M	$2.75M	$1.32M	$1.26M
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/Service	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Instructional Services, Net Of Grants And Scholarships	$141.36M	$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
Textbook And Other Course Materials	$9.93M	$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
Other Fees	$1.04M	$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
Graduation Fees	$794.00K	$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

American Public Education's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Instructional Services, Net Of Grants And Scholarships (92.32%), Textbook And Other Course Materials (6.49%), Other Fees (0.68%), and Graduation Fees (0.52%).

American Public Education Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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

Country	Sep 24	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18
American Public Education Segment	$76.98M	$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	-	-
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 Sep 24: American Public Education Segment (100.00%).

American Public Education Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
AFYA	Afya	$2.88B	$804.24M
STG	Sunlands Technology Group	$2.16B	$523.24M
LRN	Stride	$2.04B	$551.08M
ATGE	Adtalem Global Education	$1.58B	$417.40M
LAUR	Laureate Education	$1.48B	$33.30M
STRA	Strategic Education	$1.13B	$305.96M
IH	iHuman	$1.02B	$250.45M
APEI	American Public Education	$600.54M	$153.12M
LINC	Lincoln Educational Services	$378.07M	$102.91M
LOPE	Grand Canyon Education	-	$227.46M

APEI Revenue FAQ

What is American Public Education’s yearly revenue?

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.

What is American Public Education’s quarterly revenue?

American Public Education's quarterly revenue for Q3 2024 was $153.12M, a 0.15% increase from the previous quarter (Q2 2024), and a 1.51% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $152.9M, a -1.00% decrease from the previous quarter (Q1 2024), and a 3.86% increase year-over-year (Q2 2023). APEI'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).

What is American Public Education’s revenue growth rate?

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%.

What are American Public Education’s revenue streams?

American Public Education's revenue streams in c 23 are Textbook And Other Course Materials, Other Fees, Instructional Services, Net Of Grants And Scholarships, and Graduation Fees. 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. Other Fees generated $3.81M in revenue, accounting 0.63% of the company's total revenue, down -16.77% 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.

What is American Public Education’s main source of revenue?

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.