American Public Education (NASDAQ:APEI) reported higher first-quarter 2026 revenue and profitability, raised its full-year outlook and said its newly reorganized business structure is beginning to show operating leverage.
President and Chief Executive Officer Angela Selden said total revenue rose 6.2% year over year to the high end of the company’s guidance range. Excluding the prior-year contribution from Graduate School USA, which the company sold in mid-2025, Selden said revenue would have increased 8.7%, a figure management said better reflects underlying business momentum.
