How many employees does American Public Education, Inc. have?

American Public Education, Inc. reported 5,841 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 12, 2026. That is down 4.5% from a year earlier.

What is American Public Education, Inc.'s revenue per employee?

American Public Education, Inc. brought in $649M of revenue in fiscal Dec 2025, which is $111K per employee. That ranks 9 of 10 companies we track in Education & Training Services, where the median is $239K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

American Public Education, Inc. employees and revenue per employee

APEI · Education & Training Services · $878M market cap

American Public Education, Inc. had 5,841 employees at the end of fiscal Dec 2025, down 4.5% from a year earlier. Revenue for the year was $649M, up 3.9% from a year earlier, or $111K per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

5,841

-4.5% YoY

Revenue

$649M

+3.9% YoY

Revenue / employee

$111K

Peer median $239K

Rank in industry

9 of 10

Education & Training Services

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

APEI employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	5,841	$649M	$111K	-4.5%	+3.9%
Dec 2024	6,117	$625M	$102K	+1.3%	+4.0%
Dec 2023	6,037	$601M	$99K	-3.3%	-1.0%
Dec 2022	6,244	$606M	$97K	+7.7%	+44.8%
Dec 2021	5,800	$419M	$72K	+97.3%	+30.1%
Dec 2020	2,940	$322M	$109K	+1.4%	+12.4%
Dec 2019	2,900	$286M	$99K	+62.0%	-3.8%
Dec 2018	1,790	$298M	$166K	-6.8%	-0.5%
Dec 2017	1,920	$299M	$156K	-5.9%	-4.4%
Dec 2016	2,040	$313M	$153K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

American Public Education, Inc. against similar companies

The closest industry peers by revenue, from Education & Training Services.

Company	Employees	Revenue	Revenue / employee	Shape
COUR Coursera, Inc.	1,307	$758M	$580K	Efficient growth
MH McGraw Hill, Inc.	4,400	$2.10B	$478K	—
STRA Strategic Education, Inc.	3,683	$1.27B	$344K	Leaner
PXED Phoenix Education Partners, Inc	3,400	$1.01B	$296K	—
UTI Universal Technical Institute, Inc.	4,100	$836M	$204K	Efficient growth
LINC Lincoln Educational Services Corporation	2,590	$518M	$200K	Efficient growth
PRDO Perdoceo Education Corporation	6,000	$846M	$141K	Efficient growth
APEI American Public Education, Inc.	5,841	$649M	$111K	Leaner
LAUR Laureate Education, Inc.	33,900	$1.70B	$50K	Efficient growth

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Questions about American Public Education, Inc.

How many employees does American Public Education, Inc. have?: American Public Education, Inc. reported 5,841 employees for the fiscal year ending Dec 2025, in the annual report it filed on March 12, 2026. That is down 4.5% from a year earlier.
What is American Public Education, Inc.'s revenue per employee?: American Public Education, Inc. brought in $649M of revenue in fiscal Dec 2025, which is $111K per employee. That ranks 9 of 10 companies we track in Education & Training Services, where the median is $239K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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More data

Compare APEI with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

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Source: employee counts and revenue as stated in American Public Education, Inc.'s annual reports (Form 10-K), latest filed March 12, 2026. This is data, not a recommendation to buy or sell APEI.