AMERICAN PUBLIC EDUCATION INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $648.9 | $624.6 | $600.5 | $606.3 | $418.8 |
| Operating income | $47.9 | $33.1 | -$48.3 | -$137.3 | $30.4 |
| Net income | $31.6 | $16.1 | -$47.3 | -$115.0 | $17.8 |
| Balance Sheet | |||||
| Total debt | $96.4 | $96.4 | $99.1 | $99.1 | $172.8 |
| Cash Flow Statement | |||||
| Free cash flow | $46.1 | $27.8 | $31.6 | $12.8 | $4.4 |
| Share repurchases | $4.3 | $4.2 | $10.7 | $1.5 | $3.0 |
Shares outstanding 18.3M · Free float 80.9%
Annual filing data through FY ended December 31, 2025; float as of August 23, 2026.