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AI brief of an SEC Form 8-K · AMERICAN PUBLIC EDUCATION INC (APEI)

American Public Education Q2 revenue rises 5.5% to $171.7 million; raises 2026 guidance

Positive Impact 4 of 5 earnings Written later

American Public Education reported second-quarter 2026 revenue of $171.7 million, up 5.5%, and net income available to common stockholders of $9.8 million, compared with a loss of $0.3 million a year earlier. The company raised its full-year 2026 revenue, net income and adjusted EBITDA guidance and said it completed the combination of American Public University System, Rasmussen University and Hondros College of Nursing after the quarter ended.

Key points

  • Q2 2026 revenue was $171.7 million, up 5.5% from $162.8 million; diluted EPS was $0.52 versus a loss of $0.02.
  • Full-year 2026 guidance: revenue $690.0 million to $698.0 million, net income $46.5 million to $52.5 million, adjusted EBITDA $96.0 million to $104.0 million.
  • Third-quarter 2026 guidance: revenue $164.5 million to $167.0 million and adjusted EBITDA $14.0 million to $17.0 million.
  • Cash, cash equivalents, restricted cash and short-term investments were $222.8 million at June 30, 2026; $45.0 million remains under the repurchase authorization.

The filing

CompanyAMERICAN PUBLIC EDUCATION INC (APEI)
Form8-K, current report
Filed with the SECAug 10, 2026, 4:12 PM ET
Accession number0001104659-26-093372

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.