Schedule II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2025

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II Valuation and Qualifying Accounts

AMERICAN PUBLIC EDUCATION, INC.

Schedule II

Valuation and Qualifying Accounts

	Balance at Beginning of Period		Additions/ (Reductions)		Write-Offs		Balance at End of Period
	(in thousands)
Year ended December 31, 2025:
American Public University System Segment	$	2,993	$	3,536	$	(2,367)	$	4,162
Rasmussen University Segment	4,644		9,710		(9,499)		4,855
Hondros College of Nursing Segment	10,378		8,162		(6,444)		12,096
Corporate and Other1	1,265		(623)		(642)		—
Allowance for receivables	$	19,280	$	20,785	$	(18,952)	$	21,113
Year ended December 31, 2024:
American Public University System Segment	$	2,770	$	2,281	$	(2,058)	$	2,993
Rasmussen University Segment	3,922		8,348		(7,626)		4,644
Hondros College of Nursing Segment	8,130		7,211		(4,963)		10,378
Corporate and Other	537		728		—		1,265
Allowance for receivables	$	15,359	$	18,568	$	(14,647)	$	19,280
Year ended December 31, 2023:
American Public University System Segment	$	1,711	$	2,694	$	(1,635)	$	2,770
Rasmussen University Segment	4,547		8,694		(9,319)		3,922
Hondros College of Nursing Segment	6,938		5,691		(4,499)		8,130
Corporate and Other	132		405		—		537
Allowance for receivables	$	13,328	$	17,484	$	(15,453)	$	15,359