AMERICAN PUBLIC EDUCATION INC Income Statement
APEI / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
AMERICAN PUBLIC EDUCATION INC reported $165M in revenue and $32M in net income for FY2025. Revenue has declined at a 3.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $164.6M | $624.6M | $600.5M | $321.8M | $418.8M | $321.8M | $286.3M | $297.7M | $299.2M | $313.1M | $327.9M | $350.0M | $329.5M | $313.5M | $260.4M |
| Cost of Revenue | $297.0M | $295.7M | $292.9M | $122.2M | $172.6M | $122.2M | $111.9M | $115.3M | $116.2M | $117.0M | - | - | - | - | - |
| SG&A Expense | $144.6M | $142.0M | $128.2M | $88.0M | $103.4M | $88.0M | $78.1M | $74.5M | $69.0M | $68.7M | $73.0M | $75.0M | $70.1M | $63.6M | $48.4M |
| Operating Income | $47.9M | $33.1M | -$48.3M | $24.8M | $30.4M | $24.8M | $12.8M | $32.5M | $34.9M | $38.3M | $52.3M | $65.8M | $67.4M | $68.8M | $62.9M |
| Interest Expense | - | - | - | $3.9M | - | - | - | - | $185.0K | - | - | $361.0K | $308.0K | $135.0K | $109.0K |
| Income Tax | $12.1M | $10.4M | -$10.7M | $7.0M | $7.5M | $7.0M | $5.2M | $9.3M | $11.5M | $14.9M | $20.1M | $25.1M | $25.6M | $26.5M | $22.2M |
| Net Income | $31.6M | $16.1M | -$47.3M | $18.8M | $17.8M | $18.8M | $10.0M | $25.6M | $21.1M | $24.2M | $32.4M | $40.9M | $42.0M | $42.3M | $40.8M |
| EPS (Basic) | -$2.94 | $0.57 | -$2.94 | $1.27 | $0.98 | $1.56 | $0.62 | $1.56 | $1.30 | $2.36 | $2.38 | $2.36 | $2.38 | $2.38 | $2.28 |
| EPS (Diluted) | -$2.93 | $0.55 | -$2.93 | $1.25 | $0.97 | $1.54 | $0.62 | $1.54 | $1.29 | $2.33 | $2.35 | $2.33 | $2.35 | $2.35 | $2.23 |
| Shares Outstanding | 17.7M | 17.7M | 17.6M | 18.7M | 18.7M | 15.2M | 15.2M | 16.4M | 16.3M | 16.0M | 17.2M | 17.2M | 17.6M | 17.8M | 17.8M |
| Operating Margin | 29.1% | 5.3% | -8.0% | 7.7% | 7.2% | 7.7% | 4.5% | 10.9% | 11.7% | 12.2% | 15.9% | 18.8% | 20.5% | 21.9% | 24.1% |
| Profit Margin | 19.2% | 2.6% | -7.9% | 5.9% | 4.2% | 5.9% | 3.5% | 8.6% | 7.1% | 7.7% | 9.9% | 11.7% | 12.8% | 13.5% | 15.7% |