Health+ enrollment and tuition - Health+ segment revenue grew 11% year over year, primarily due to increased enrollments and modest tuition increases.
Military+ course registrations - Military+ segment revenue grew 4.7% year over year, mainly due to increased net course registrations.
Strategic execution - The company said disciplined execution of strategic priorities, including opening a new Health+ campus in Orlando, supported Q2 performance.
Q2 revenue, income and EBITDA improved
American Public Education, Inc. said second-quarter revenue grew 5.5% year over year, slightly beating analyst expectations.
Net income available to common stockholders turned positive from a prior-year loss, and adjusted EBITDA for Q2 rose 36.8% year over year.
2026 outlook raised
The company raised its full-year 2026 revenue guidance to $690.0 million-$698.0 million.
APEI also expects full-year 2026 net income of $46.5 million-$52.5 million and adjusted EBITDA of $96.0 million-$104.0 million.