Provides online and campus-based postsecondary education to students.
Jun 2026Revenue $668M/yrExpenses $604M/yr
No trend
Figures by year
Is American Public Education profitable?
Yes. In the 12 months to Jun 2026, revenue was $668M and expenses $604M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $649M | $601M | $47.9M |
| Dec 2024 | $625M | $591M | $33.1M |
| Dec 2023 | $601M | $649M | −$48.3M |
| Dec 2022 | $606M | $744M | −$137M |
| Dec 2021 | $419M | $388M | $30.4M |
| Dec 2020 | $322M | $297M | $24.8M |
| Dec 2019 | $286M | $274M | $12.8M |
| Dec 2018 | $298M | $265M | $32.5M |
| Dec 2017 | $299M | $264M | $34.9M |
| Dec 2016 | $313M | $275M | $38.3M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.