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AMERICAN PUBLIC EDUCATION INC

For the period ended Dec 31, 2025. Filed Mar 12, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 12, 2026

APEI$39.09+4.9%Stored close · as of Nov 9, 2026

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Contents

Item 8. Financial Statements and Supplementary Data

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

American Public Education, Inc. and Subsidiaries

Page
American Public Education, Inc. and Subsidiaries:
Report of Independent Registered Public Accounting Firm (PCAOB ID 34)102
Consolidated Balance Sheets as of December 31, 2024 and 2025104
Consolidated Statements of Income for the years ended December 31, 2023, 2024, and 2025105
Consolidated Statements of Comprehensive Income for the years ended December 31, 2023, 2024, and 2025106
Consolidated Statements of Stockholders’ Equity for the years ended December 31, 2023, 2024, and 2025107
Consolidated Statements of Cash Flows for the years ended December 2023, 2024 and 2025108
Notes to Consolidated Financial Statements109
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.