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as of 03-20-2026 3:56pm EST

$53.52
$1.00
-1.83%
Stocks Consumer Discretionary Other Consumer Services Nasdaq

American Public Education Inc provides online and campus based postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public University segment which is the key revenue generator, provides online postsecondary education as a distance-learning, graduate-level institution for military officers seeking a degree in military studies; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.

Founded: 1991 Country:
United States
United States
Employees: N/A City: CHARLES TOWN
Market Cap: 1.0B IPO Year: 2007
Target Price: $52.14 AVG Volume (30 days): 434.3K
Analyst Decision: Strong Buy Number of Analysts: 7
Dividend Yield:
N/A
Dividend Payout Frequency: N/A
EPS: 1.36 EPS Growth: 147.27
52 Week Low/High: $20.75 - $58.69 Next Earning Date: 03-12-2026
Revenue: $198,174,000 Revenue Growth: N/A
Revenue Growth (this year): 8.37% Revenue Growth (next year): 7.17%
P/E Ratio: 40.24 Index: N/A
Free Cash Flow: 46.1M FCF Growth: +65.89%

AI-Powered APEI Daily Prediction

Machine learning model trained on 25+ technical indicators

Updated 2 days ago

AI Recommendation

hold
Model Accuracy: 75.47%
75.47%
Confidence

Disclaimer: This prediction is generated by an AI model and should not be considered as financial advice. Always conduct your own research and consult with financial professionals before making investment decisions.

Stock Insider Trading Activity of American Public Education Inc. (APEI)

Fernandes Nuno S.

President, APUS

Sell
APEI Mar 19, 2026

Avg Cost/Share

$54.08

Shares

1,100

Total Value

$59,488.00

Owned After

83,075

SEC Form 4

APEI Mar 18, 2026

Avg Cost/Share

$55.41

Shares

63,500

Total Value

$3,518,700.10

Owned After

996,746

SEC Form 4

APEI Mar 17, 2026

Avg Cost/Share

$55.85

Shares

58,797

Total Value

$3,283,530.22

Owned After

996,746

SEC Form 4

Gaffney Karmela

SVP, Chief Marketing Officer

Sell
APEI Mar 17, 2026

Avg Cost/Share

$55.87

Shares

2,700

Total Value

$150,858.99

Owned After

40,527

SEC Form 4

APEI Mar 16, 2026

Avg Cost/Share

$55.45

Shares

61,962

Total Value

$3,435,613.21

Owned After

996,746

SEC Form 4

Beckett Thomas

SVP, General Counsel

Sell
APEI Mar 16, 2026

Avg Cost/Share

$57.70

Shares

2,000

Total Value

$115,400.00

Owned After

62,172

SEC Form 4

Axenson Tanya Joy

SVP, Chief HR Officer

Sell
APEI Mar 16, 2026

Avg Cost/Share

$56.09

Shares

20,000

Total Value

$1,113,576.82

Owned After

49,917

SEC Form 4

Form 1 Form 2
Fernandes Nuno S.

President, APUS

Sell
APEI Mar 16, 2026

Avg Cost/Share

$53.87

Shares

6,500

Total Value

$350,129.00

Owned After

83,075

SEC Form 4

Earnings Transcripts

SEC 8-K filings with transcript text

View All
2025
Q4

Q4 2025 Earnings

8-K SELL

Mar 12, 2026 · 100% conf.

AI Prediction SELL

1D

-13.16%

$41.32

Act: +21.19%

5D

-16.08%

$39.93

20D

-15.56%

$40.18

Price: $47.58 Prob +5D: 0% AUC: 1.000
0001104659-26-027043

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2026-03-12 2026-03-12

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 12, 2026

American Public Education, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-33810

01-0724376

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

111 W. Congress Street

Charles Town, West Virginia

25414

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: 304-724-3700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which

registered

Common Stock, $0.01 par value per share

APEI

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company      ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Section 2 – Financial Information

Item 2.02 Results of Operations and Financial Condition.

On March 12, 2026, American Public Education, Inc. (the “Company”) issued a press release reporting financial results for the three and twelve months ended December 31, 2025.  A copy of the Company’s press release is attached to this report as Exhibit 99.1, and is incorporated in this report by reference.  The Company has scheduled a webcast for 5:00 p.m. ET on March 12, 2026, to discuss its financial results.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 American Public Education, Inc. press release dated March 12, 2026, reporting financial results for the three and twelve months ended December 31, 2025.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

American Public Education, Inc.

Date: March 12, 2026 By: /s/ Edward Codispoti

Edward Codispoti,

Executive Vice President and Chief Financial Officer

2025
Q3

Q3 2025 Earnings

8-K BUY

Nov 10, 2025 · 100% conf.

AI Prediction BUY

1D

+14.64%

$37.82

Act: +4.88%

5D

+9.48%

$36.12

Act: +0.45%

20D

+16.62%

$38.47

Act: +5.91%

Price: $32.99 Prob +5D: 100% AUC: 1.000
0001104659-25-109265

false 0001201792

0001201792

2025-11-10 2025-11-10

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xbrli:shares

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 10, 2025

American Public Education, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-33810

01-0724376

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

111 W. Congress Street

Charles Town, West Virginia

25414

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: 304-724-3700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which

registered

Common Stock, $0.01 par value per share

APEI

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company      ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Section 2 – Financial Information

Item 2.02     Results of Operations and Financial Condition.

On November 10, 2025, American Public Education, Inc. (the “Company”) issued a press release reporting financial results for the three and nine months ended September 30, 2025. A copy of the Company’s press release is attached to this report as Exhibit 99.1 and is incorporated in this report by reference. The Company has scheduled a webcast for 5:00 p.m. ET on November 10, 2025, to discuss its financial results.

Section 9 – Financial Statements and Exhibits

Item 9.01     Financial Statements and Exhibits.

(d) Exhibits

99.1 American Public Education, Inc. press release dated November 10, 2025, reporting financial results for the three and nine months ended September 30, 2025.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

American Public Education, Inc.

Date: November 10, 2025 By: /s/ Edward Codispoti

Edward Codispoti

Executive Vice President and Chief Financial Officer

2025
Q3

Q3 2025 Earnings

8-K BUY

Oct 14, 2025 · 100% conf.

AI Prediction BUY

1D

+14.64%

$37.82

Act: +4.88%

5D

+9.48%

$36.12

Act: +0.45%

20D

+16.62%

$38.47

Act: +5.91%

Price: $32.99 Prob +5D: 100% AUC: 1.000
0001104659-25-099257

false 0001201792

0001201792

2025-10-14 2025-10-14

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xbrli:shares

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xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 14, 2025

American Public Education, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-33810

01-0724376

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

111 W. Congress Street

Charles Town, West Virginia

25414

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: 304-724-3700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, $0.01 par value per share

APEI

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company      ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Section 2 – Financial Information

Item 2.02 Results of Operations and Financial Condition.

On October 14, 2025, American Public Education, Inc. (the “Company”), provided an update on third quarter financial results and an update on the estimated impact of the temporary suspension of the U.S. Department of Defense tuition assistance (“TA”) program resulting from the ongoing U.S. federal government shutdown.

Third Quarter Results

As compared to the third quarter 2025 guidance range as previously disclosed on August 6, 2025 in the Company’s earnings release, the Company expects its third quarter 2025 results to exceed the top-end of its guidance range for consolidated revenue. The Company also expects to exceed the top end of its previously disclosed guidance range for net course registrations for American Public University System (“APUS”). Previously, the August 6, 2025, press release disclosed third-quarter student enrollments for Rasmussen University and Hondros College of Nursing.

These preliminary results are based on management’s initial analysis of operations for the quarter ended September 30, 2025, and information currently available to management. These preliminary results do not reflect all necessary information for an understanding of the Company’s financial condition as of September 30, 2025, or its results of operations for the quarter ended September 30, 2025, and are subject to completion of the Company’s financial closing procedures. As such, these expected results may vary from the Company’s actual results for the three and nine months ended September 30, 2025, which the Company expects to report in November. The preliminary results have not been audited or reviewed by the Company's independent registered public accounting firm.

Government Shutdown

APUS estimates that, as a result of the government shutdown and temporary suspension of the TA program, approximately 12,700 course registrations were dropped for non-payment on October 11, 2025, for students who intended to use TA funds. This is the first time since 2013 that APUS has dropped course registrations for students using TA funds due to a government shutdown. (Approximately 1,700 course registrations were not dropped for students using TA funds that had been authorized in the prior government fiscal year.) Accordingly, APUS estimates that, as a result of the government shutdown, its revenue in October 2025 will be approximately $9.6 million lower than it otherwise would have been and net course registrations in October 2025 declined by approximately 35% as compared to October 2024. Had the government shutdown not occurred, APUS believes that its October 2025 net course registrations would have increased as compared to October 2024.

At this time, the Company is evaluating opportunities to mitigate the impact of the government shutdown but, due to the continuing government shutdown, it is unable to determine the full

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