← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
American Public Education revenue rose 3.9% to $648.9M, net income nearly doubled, and free cash flow rose 65.9%.
The read at a glance✓ Audited against SEC data
- Business mix — Postsecondary educationNote
- Revenue — Revenue rose 3.9% to $648.9MOK
- Profitability — Net income rose 95.8%OK
- Cash — FCF rose 65.9%OK
- Balance sheet — Debt up 1.3%; equity down 3.0%Note
- Insiders — 0 buys / 12 sellsWatch
- Accounting — Altman-Z grey; EQ safeNote
Business
APEI provides online and campus-based postsecondary education through American Public University System, Rasmussen University, and Hondros College of Nursing.
Where the revenue comes from
Fiscal 2025, as AMERICAN PUBLIC EDUCATION INC reports it. History and quarterly detail are in the app.
- APUS$319.8M
- RU$246.2M
- HCN$75.0M
Leadership changes
From AMERICAN PUBLIC EDUCATION INC's own filings, the day they're filed.
- Edward H. Codispoti · President · appointmenteff. 2025-10-20
- Jeff Tognola · Chief Experience Officer · departureeff. 2023-07-21
- Sunderland's Separation · departure
Latest filings
- 8-K · Company announcement2026-08-10
- 10-Q · Quarterly report2026-08-10
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-05-26
- 8-K · Company announcement2026-05-11
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about AMERICAN PUBLIC EDUCATION INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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