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For the year ending 2025-12-31, APEI made $648,862K in revenue. $25,305K in net income. Net profit margin of 3.90%.

Income Overview

Revenue
$648,862K
Net Income
$25,305K
Net Profit Margin
3.90%
EPS
$1.36
Unit: Thousand (K) dollars
Revenue Breakdown
    • Instructional Services Net Of Gr...
    • Textbook And Other Course Materi...
    • Other Fees
    • Graduation Fees
Revenue Breakdown
    • American Public Education Inc Se...
    • Operating Segments-Rasmussen Uni...
    • Hondros College Of Nursing Segme...
    • Intersegment Elimination
Revenue Breakdown
    • Operating Segments
    • Corporate Non Segment
Revenue Breakdown
    • American Public Education Inc Se...
    • Operating Segments-Rasmussen Uni...
    • Hondros College Of Nursing Segme...
    • Corporate Non Segment

Income Statement
2025-12-31
2024-12-31
Revenue
648,862 624,559
Instructional costs and services
297,020 295,703
Selling and promotional
137,252 128,810
Loss on assets held for sale (note 6)
-1,618
General and administrative
144,582 141,961
Depreciation and amortization
16,148 19,303
Impairment of goodwill and intangible assets
0 -
Loss on sale of subsidiary (note 2)
-3,877 -
Loss on assets held for sale (note 5)
-1,527 -
Loss on leases (note 7)
-77 -3,715
Loss on disposals of long-lived assets
-444 -383
Total costs and expenses
600,927 591,493
(loss) income from operations before interest and income taxes
47,935 33,066
Interest expense, net
-4,230 -2,127
(loss) income from operations before income taxes
43,705 30,939
Income tax (benefit) expense
12,148 10,419
Equity investment loss
0 -4,407
Net (loss) income
31,557 16,113
Preferred stock dividends
2,751 6,056
Loss on redemption of preferred stock
3,501 -
Net income (loss) available to common stockholders basic
25,305 10,057
Basic EPS
1.4 0.57
Diluted EPS
1.36 0.55
Basic Average Shares
18,011,000 17,625,000
Diluted Average Shares
18,660,000 18,149,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image
American PublicEducation Inc...$314,776K (0.27%↑ Y/Y)OperatingSegments-Rasmussen University$207,236K (13.88%↑ Y/Y)Hondros College OfNursing...$62,004K (11.06%↑ Y/Y)Intersegment Elimination$7,806K (-67.42%↓ Y/Y)Rasmussen University$35,955K (12.22%↑ Y/Y)Hondros College OfNursing Segment$11,712K (14.97%↑ Y/Y)Rasmussen University$3,040K (35.35%↑ Y/Y)Hondros College OfNursing Segment$1,267K (-0.47%↓ Y/Y)American PublicEducation Inc Segment$1,184K (76.45%↑ Y/Y)Revenue From ContractWith Customer...$3,882K (58.19%↑ Y/Y)Instructional Services Net OfGrants And...$591,822K (2.80%↑ Y/Y)Textbook And Other CourseMaterials$47,667K (12.88%↑ Y/Y)Other Fees$5,491K (31.05%↑ Y/Y)Graduation Fees$3,882K (58.19%↑ Y/Y)Revenue$648,862K (3.89%↑ Y/Y)(loss) income fromoperations before interest...$47,935K (44.97%↑ Y/Y)Total costs andexpenses$600,927K (1.59%↑ Y/Y)(loss) income fromoperations before income...$43,705K (41.26%↑ Y/Y)Interest expense, net-$4,230K (-98.87%↓ Y/Y)Instructional costs andservices$297,020K (0.45%↑ Y/Y)General andadministrative$144,582K (1.85%↑ Y/Y)Selling and promotional$137,252K (6.55%↑ Y/Y)Depreciation andamortization$16,148K (-16.34%↓ Y/Y)Loss on sale ofsubsidiary (note 2)-$3,877K Loss on assets heldfor sale (note 5)-$1,527K Loss on disposals oflong-lived assets-$444K (-15.93%↓ Y/Y)Loss on leases (note7)-$77K (97.93%↑ Y/Y)Net (loss) income$31,557K (95.85%↑ Y/Y)Income tax (benefit)expense$12,148K (16.59%↑ Y/Y)Net income (loss)available to common...$25,305K (151.62%↑ Y/Y)Loss on redemption ofpreferred stock$3,501K Preferred stock dividends$2,751K (-54.57%↓ Y/Y)

AMERICAN PUBLIC EDUCATION INC (APEI)

AMERICAN PUBLIC EDUCATION INC (APEI)