NASDAQ$APEI
American Public Education Inc · Q1 2026 earnings
Q1 2026 earnings ·
Briefing
American Public Education reported Q1 2026 revenue of $174.7M (+6% YoY) and net income of $17.7M.
For the quarter ended March 31, 2026, APEI recorded revenue of $174.7 million, up from $164.6 million a year ago, across American Public University and Hondros College segments. Net income was $17.7 million versus $8.9 million in Q1 2025 as enrollment and operating efficiency improved.
- Revenue of $174.7M (+6% YoY).
- Net income $17.7M, roughly doubled YoY.
- APUS and Hondros segments both contributed growth.
- Online education demand supports enrollment trends.
Headline financials
Revenue & EPS history
American Public Education Inc · Revenue · Quarterly
$175M
Forward guidance
Enrollment starts and student persistence at APUS and Hondros drive 2026 outlook; regulatory environment for for-profit education remains a factor.
Tailwinds
- Profitability expansion on revenue growth.
- Diversified post-secondary platform.
Headwinds
- Regulatory and marketing cost inflation.
- Competition in online degree programs.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+0.8%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+1.3%
Avg return
30 days after
44%
11 / 25 earnings
Positive
+21.2%
Q4 2025
Best reaction
-5.3%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.1% | -5.4% | -4.4% | |
| Q4 2025 | +21.2% | +14.2% | +22.7% | |
| Q3 2025 | +6.2% | +10.7% | +15.9% | |
| Q1 2025 | -5.3% | +1.3% | -0.8% | |
| Q3 2024 | -2.5% | +3.2% | +26.0% | |
| Q2 2024 | -1.2% | -21.0% | -10.5% | |
| Q1 2024 | -2.6% | +14.5% | +9.1% | |
| Q3 2023 | -4.9% | +18.1% | +84.1% | |
| Q2 2023 | +3.9% | +11.6% | -1.5% | |
| Q1 2023 | -4.0% | -0.9% | -9.7% | |
| Q3 2022 | -0.7% | +4.3% | +10.2% | |
| Q2 2022 | -0.1% | -17.0% | -44.2% | |
| Q1 2022 | -2.4% | -25.1% | -21.0% | |
| Q3 2021 | -1.4% | -4.2% | -13.9% | |
| Q2 2021 | -0.3% | -4.8% | -6.9% | |
| Q1 2021 | -1.2% | -11.2% | -8.1% | |
| Q3 2020 | +2.7% | +6.9% | +12.6% | |
| Q2 2020 | +2.5% | +15.9% | -7.9% | |
| Q1 2020 | +0.2% | +19.2% | +23.1% | |
| Q3 2019 | +1.5% | +13.0% | +15.3% | |
| Q2 2019 | +5.3% | -18.4% | -22.8% | |
| Q1 2019 | -0.6% | -9.0% | -13.4% | |
| Q3 2018 | +2.6% | -0.8% | -12.1% | |
| Q2 2018 | +0.0% | -21.5% | -24.2% | |
| Q1 2018 | +0.3% | +1.2% | +13.9% | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — |
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