Back to news

American Public Education Reports Third Quarter 2026 Financial Results

PR Newswire•09/11/2026•16:05 ET
1

Key Highlights

  • ➤Q3 revenue $169.1 million, up 3.6% year over year
  • ➤Health+ revenue $86.4 million, up 9.0% year over year
  • ➤Net income $5.9 million, up 6.0%; diluted EPS $0.32, up 6.7%
  • ➤Full-year 2026 revenue guidance raised to $695.0-$701.0 million
  • ➤Full-year adjusted EBITDA guidance raised to $98.0-$105.0 million

Expert Statements

Angela Selden, President and Chief Executive Officer of American Public Education

“We exceeded our guidance for third quarter revenue, net income, adjusted EBITDA and diluted earnings per share. These results reflect continued growth in Health+ driven primarily by campus and online healthcare enrollments and pricing. The third quarter was also our first partially operating as a single Higher Learning Commission-accredited institution, American Public University System, following completion of our institutional combination in early August.”

Angela Selden, President and Chief Executive Officer of American Public Education

“With the institutional combination largely behind us, we remain focused on executing our long-range plan and accelerating our momentum in Health+ and Military+.”

American Public Education Reports Third Quarter 2026 Financial Results PR Newswire

~ Third Quarter Revenue, Net Income, EPS and Adjusted EBITDA All Exceed Guidance ~

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in