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American Public Education (APEI) net income by quarter

American Public Education's net income was $9.8M in Q2 2026 (second quarter 2026), -45% from Q1 2026. Over the last 7 quarters it ranged from $4.5M (Q2 2025) to $17.7M (Q1 2026).

American Public Education net income by quarterAmerican Public Education net income by quarter$13.0MQ4 2024$8.9MQ1 2025$4.5MQ2 2025$5.6MQ3 2025$12.6MQ4 2025$17.7MQ1 2026$9.8MQ2 2026
QuarterNet incomeQ/QY/Y
Q2 2026$9.8M-45%+117%
Q1 2026$17.7M+41%+99%
Q4 2025$12.6M+127%-3%
Q3 2025$5.6M+24%—
Q2 2025$4.5M-49%—
Q1 2025$8.9M-31%—
Q4 2024$13.0M——

Q2 2026 at a glance

American Public Education, Q2 2026: revenue $172M (+6% year over year), operating margin 7.9%, net earnings $9.8M, operating cash flow $12.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is American Public Education's net income?

American Public Education's net income was $9.8M in Q2 2026 (second quarter 2026), -45% from Q1 2026.

How has American Public Education's net income changed?

Over the last 7 quarters it ranged from $4.5M (Q2 2025) to $17.7M (Q1 2026).

Q2 2026 results → · How American Public Education makes money →