Earnings ·
American Public Education reported second quarter 2026 financial results with consolidated revenue of $171.7 million…
APEIAmerican Public Education Inc
American Public Education reported second quarter 2026 financial results with consolidated revenue of $171.7 million, a 5.5% year-over-year increase, and net income available to common stockholders of $9.8 million compared to a loss in the prior period. Adjusted EBITDA rose 36.8% to $20.7 million, while diluted earnings per share increased to $0.52 from a loss of $0.02. The company raised its full year 2026 revenue guidance to $690.0-$698.0 million and adjusted EBITDA guidance to $96.0-$104.0 million. Subsequent to the quarter, American Public University System, Rasmussen University, and Hondros College of Nursing were combined into a single Higher Learning Commission-accredited institution. The company also repurchased 70,365 shares under its $50 million authorization program. American Public Education operates in the postsecondary education industry, providing online and campus-based degree programs to military, veterans, and health sciences students.