Filing Flows › American Public Education (APEI) › Guidance history
American Public Education (APEI) guidance history: what it guided and what it reported
American Public Education gave guidance in 3 earnings releases on file since May 11, 2026. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average +1.2% against the guided midpoint. Its releases raised guidance 3 times and lowered it once.
Revenue
Met or beat 2 of 2 periods (1 above, 1 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $179M–$185M (Nov 9, 2026) | — | to be reported | — |
| Q3 2026 | $164M–$167M (Aug 10, 2026) | $169M | above the range | +2.0% |
| Q2 2026 | $170M–$172M (May 11, 2026) | $172M | within the range | +0.4% |
| FY2026 | $686M–$696M (May 11, 2026) → raised $695M–$701M (Nov 9, 2026) | — | to be reported | — |
Net income
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $48.5M–$53.2M (Nov 9, 2026) | — | to be reported | — |
| Q4 2026 | $15.2M–$19.8M (Nov 9, 2026) | — | to be reported | — |
Adjusted net income
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $6.5M (May 11, 2026) | — | to be reported | — |
Capital expenditures
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $28.0M–$32.0M (May 11, 2026) → lowered $25.0M–$28.0M (Aug 10, 2026) → lowered $23.0M–$26.0M (Nov 9, 2026) | — | to be reported | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $0.81–$1.07 (Nov 9, 2026) | — | to be reported | — |
| FY2026 | $2.48–$2.79 (Aug 10, 2026) → raised $2.59–$2.84 (Nov 9, 2026) | — | to be reported | — |
| Q3 2026 | $0.18–$0.29 (Aug 10, 2026) | — | — | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $30.6M–$37.6M (Nov 9, 2026) | — | to be reported | — |
| Q3 2026 | $14.0M–$17.0M (Aug 10, 2026) | — | — | — |
| FY2026 | $93.0M–$102M (May 11, 2026) → raised $96.0M–$104M (Aug 10, 2026) → raised $98.0M–$105M (Nov 9, 2026) | — | to be reported | — |
| Q2 2026 | $16.5M–$18.0M (May 11, 2026) | — | — | — |
The latest quarter
American Public Education, Q3 2026: revenue $169M (+4% year over year), operating margin 4.7%, net earnings $5.9M, operating cash flow $11.8M. The chart follows the revenue to costs, profit and cash.
Questions
Does American Public Education beat its guidance?
American Public Education gave guidance in 3 earnings releases on file since May 11, 2026. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Revenue: 2 of 2, on average +1.2% against the guided midpoint.
How often does American Public Education raise guidance?
Its earnings releases raised guidance 3 times and lowered it once since May 11, 2026.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.