American Public Education, Inc. (APEI)

Revenue & Top-Line Growth

Latest Revenue

$174.7M

Financial Fundamentals

APEI • Quarterly Data • 5Y View

Historical Revenue Data

Quarterly Revenue Breakdown

Date	Revenue ($B)	QoQ %	YoY %	TTM ($B)	TTM %
2026-03-31	0.17B	+10.4%	+6.2%	0.66B	+3.8%
2025-12-31	0.16B	-3.0%	-3.5%	0.65B	+3.9%
2025-09-30	0.16B	+0.3%	+6.6%	0.65B	+6.7%
2025-06-30	0.16B	-1.1%	+6.5%	0.64B	+5.5%
2025-03-31	0.16B	+0.3%	+6.6%	0.63B	+4.9%
2024-12-31	0.16B	+7.2%	+7.4%	0.62B	+4.0%
2024-09-30	0.15B	+0.1%	+1.5%	0.61B	+2.2%
2024-06-30	0.15B	-1.0%	+3.9%	0.61B	+2.0%
2024-03-31	0.15B	+1.1%	+3.2%	0.61B	+0.7%
2023-12-31	0.15B	+1.3%	+0.2%	0.60B	-1.0%
2023-09-30	0.15B	+2.5%	+0.9%	0.60B	-1.3%
2023-06-30	0.15B	-1.7%	-1.6%	0.60B	+7.6%
2023-03-31	0.15B	-1.8%	-3.3%	0.60B	+24.0%
2022-12-31	0.15B	+1.9%	-1.0%	0.61B	+44.8%
2022-09-30	0.15B	-0.0%	+52.2%	0.61B	+73.3%
2022-06-30	0.15B	-3.3%	+91.8%	0.56B	+67.9%
2022-03-31	0.15B	+0.5%	+74.8%	0.49B	+44.5%
2021-12-31	0.15B	+56.7%	+79.3%	0.42B	+30.1%
2021-09-30	0.10B	+25.9%	+24.2%	0.35B	+13.0%
2021-06-30	0.08B	-11.9%	-5.0%	0.33B	+10.9%
2021-03-31	0.09B	+3.1%	+18.7%	0.34B	+16.8%
2020-12-31	0.09B	+8.6%	+15.5%	0.32B	+12.4%
2020-09-30	0.08B	-3.6%	+16.6%	0.31B	+7.4%
2020-06-30	0.08B	+10.1%	+16.4%	0.30B	+1.7%
2020-03-31	0.07B	+0.3%	+1.6%	0.29B	-2.9%
2019-12-31	0.07B	+9.6%	-3.3%	0.29B	-3.8%
2019-09-30	0.07B	-3.8%	-7.0%	0.29B	-3.4%
2019-06-30	0.07B	-3.9%	-3.1%	0.29B	-1.7%
2019-03-31	0.07B	-4.5%	-2.0%	0.30B	-0.8%
2018-12-31	0.08B	+5.4%	-1.5%	0.30B	-0.5%
2018-09-30	0.07B	+0.3%	-0.4%	0.30B	-0.3%
2018-06-30	0.07B	-2.9%	+0.8%	0.30B	-0.4%
2018-03-31	0.07B	-4.0%	-1.0%	0.30B	-2.1%
2017-12-31	0.08B	+6.6%	-0.7%	0.30B	-4.4%
2017-09-30	0.07B	+1.5%	-0.7%	0.30B	-6.4%
2017-06-30	0.07B	-4.6%	-5.9%	0.30B	-7.0%
2017-03-31	0.08B	-3.7%	-9.9%	0.30B	-6.6%
2016-12-31	0.08B	+6.5%	-8.5%	0.31B	-4.5%
2016-09-30	0.07B	-3.8%	-3.3%	0.32B	-3.9%
2016-06-30	0.08B	-8.6%	-4.4%	0.32B	-5.5%
2016-03-31	0.08B	-2.3%	-1.7%	0.33B	-5.9%
2015-12-31	0.09B	+12.6%	-5.9%	0.33B	-6.3%
2015-09-30	0.08B	-4.9%	-9.9%	0.33B	-2.4%
2015-06-30	0.08B	-6.1%	-6.1%	0.34B	+0.9%
2015-03-31	0.09B	-6.4%	-3.5%	0.35B	+3.8%
2014-12-31	0.09B	+7.8%	+10.1%	0.35B	+6.2%
2014-09-30	0.08B	-0.9%	+3.6%	0.34B	+2.7%
2014-06-30	0.09B	-3.5%	+5.6%	0.34B	+3.3%
2014-03-31	0.09B	+6.8%	+5.6%	0.33B	+3.9%
2013-12-31	0.08B	+1.4%	-3.6%	0.33B	+5.1%
2013-09-30	0.08B	+1.1%	+6.0%	0.33B	+9.7%
2013-06-30	0.08B	-3.5%	+8.5%	0.33B	+12.6%
2013-03-31	0.08B	-2.5%	+10.6%	0.32B	+15.9%
2012-12-31	0.09B	+11.5%	+13.7%	0.31B	+20.4%
2012-09-30	0.08B	+3.4%	+18.2%	0.30B	+25.8%
2012-06-30	0.07B	-1.6%	+22.7%	0.29B	+30.0%
2012-03-31	0.08B	+0.2%	+29.2%	0.28B	+32.5%
2011-12-31	0.08B	+16.0%	+34.4%	0.26B	+31.4%
2011-09-30	0.07B	+7.3%	+35.1%	0.24B	+29.9%
2011-06-30	0.06B	+3.6%	+31.4%	0.22B	+29.0%
2011-03-31	0.06B	+4.2%	+24.0%	0.21B	+28.4%
2010-12-31	0.06B	+16.6%	+29.0%	0.20B	+33.0%
2010-09-30	0.05B	+4.4%	+32.4%	0.19B	+35.6%
2010-06-30	0.05B	-2.2%	+29.5%	0.17B	+35.9%
2010-03-31	0.05B	+8.4%	+42.7%	0.16B	+39.4%
2009-12-31	0.04B	+19.7%	+38.6%	0.15B	+39.1%
2009-09-30	0.04B	+2.1%	+33.1%	0.14B	+41.3%
2009-06-30	0.04B	+7.7%	+42.9%	0.13B	+46.7%
2009-03-31	0.03B	+5.3%	+42.7%	0.12B	+49.6%
2008-12-31	0.03B	+15.0%	+48.4%	0.11B	+55.1%
2008-09-30	0.03B	+9.6%	+55.6%	0.10B	+67.3%
2008-06-30	0.02B	+7.6%	+54.6%	0.09B	+73.2%
2008-03-31	0.02B	+9.5%	+65.0%	0.08B	+77.3%
2007-12-31	0.02B	+20.5%	+112.0%	0.07B	+72.6%
2007-09-30	0.02B	+8.9%	+75.9%	0.06B	+56.1%
2007-06-30	0.02B	+14.8%	+61.6%	0.05B	+47.4%
2007-03-31	0.01B	+40.7%	+40.7%	0.04B	+41.7%
2006-12-31	0.01B	0.0%	+42.1%	0.04B	+42.1%
2006-09-30	0.01B	0.0%	+42.1%	0.04B	—
2006-06-30	0.01B	0.0%	+42.1%	0.03B	—
2006-03-31	0.01B	+42.1%	+42.1%	0.03B	—
2005-12-31	0.01B	-0.0%	—	0.03B	—
2005-09-30	0.01B	0.0%	—	0.00B	—
2005-06-30	0.01B	0.0%	—	0.00B	—
2005-03-31	0.01B	—	—	0.00B	—

Annual Revenue

Year	Total Revenue ($B)	Growth %
2025	0.65B	+3.9%
2024	0.62B	+4.0%
2023	0.60B	-1.0%
2022	0.61B	+44.8%
2021	0.42B	+30.1%
2020	0.32B	+12.4%
2019	0.29B	-3.8%
2018	0.30B	-0.5%
2017	0.30B	-4.4%
2016	0.31B	-4.5%
2015	0.33B	-6.3%
2014	0.35B	+6.2%
2013	0.33B	+5.1%
2012	0.31B	+20.4%
2011	0.26B	+31.4%
2010	0.20B	+33.0%
2009	0.15B	+39.1%
2008	0.11B	+55.1%
2007	0.07B	+72.5%
2006	0.04B	+42.1%
2005	0.03B	+21.9%
2004	0.02B	+30.2%
2003	0.02B	—