American Public Education (APEI)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2025 | 12-2024 | 12-2023 | 12-2022 | 12-2021 | |
| Sales | 648,862 | 624,559 | 600,545 | 606,328 | 418,803 |
| Cost of Goods | 297,020 | 295,703 | 292,862 | 288,472 | 172,622 |
| Gross Profit | 351,842 | 328,856 | 307,683 | 317,856 | 246,181 |
| Operating Expenses | 303,927 | 296,493 | 356,851 | 453,324 | 216,432 |
| Operating Income | 47,935 | 33,066 | -48,306 | -137,348 | 30,371 |
| Interest Expense | 4,230 | 2,127 | 4,459 | 17,728 | 4,277 |
| Other Income | 0 | -4,407 | -5,236 | 3,807 | -831 |
| Pre-tax Income | 43,705 | 26,532 | -58,001 | -151,269 | 25,263 |
| Income Tax | 12,148 | 10,419 | -10,715 | -36,276 | 7,511 |
| Net Income Continuous | 31,557 | 16,113 | -47,286 | -114,993 | 17,752 |
| Net Income | $31,557 | $16,113 | $-47,286 | $-114,993 | $17,752 |
| EPS Basic Total Ops | 1.40 | 0.57 | -2.94 | -6.10 | 0.98 |
| EPS Basic Continuous Ops | 1.75 | 0.91 | -2.61 | -6.10 | 0.98 |
| EPS Diluted Total Ops | 1.36 | 0.55 | -2.93 | -6.08 | 0.97 |
| EPS Diluted Continuous Ops | 1.69 | 0.89 | -2.60 | -6.08 | 0.97 |
| EPS Diluted Before Non-Recurring Items | 1.36 | 0.55 | 0.14 | -0.39 | 0.97 |
| EBITDA(a) | $65,424 | $53,849 | $45,141 | $50,511 | $49,088 |