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AMERICAN PUBLIC EDUCATION INC（APEI）与Nerdy Inc.（NRDY）财务数据对比。点击上方公司名可切换其他公司
AMERICAN PUBLIC EDUCATION INC的季度营收约是Nerdy Inc.的3.2倍（$158.3M vs $49.1M）。AMERICAN PUBLIC EDUCATION INC净利率更高（8.0% vs -18.8%，领先26.8%）。Nerdy Inc.同比增速更快（2.3% vs -3.5%）。Nerdy Inc.自由现金流更多（$-4.3M vs $-15.6M）。过去两年AMERICAN PUBLIC EDUCATION INC的营收复合增速更高（1.3% vs -4.4%）
美国公共教育公司（股票代码APEI）旗下控股教育服务企业Strategic Education Inc，运营着卡佩拉大学、斯特雷耶大学两所营利性在线大学，还拥有DevMountain、Hackbright Academy、Sophia Learning等非学历教育项目，主营面向在职人群的成人教育服务。
Nerdy Inc.是总部位于美国的知名教育科技企业，旗下运营Varsity Tutors等在线学习平台，提供一对一实时辅导、点播课程、备考资源及技能培训内容，服务K12学生、高校学习者及职场人士，覆盖多类学业与职业能力提升需求。
APEI vs NRDY — 直观对比
营收规模更大
APEI
是对方的3.2倍
$49.1M
营收增速更快
NRDY
高出5.9%
-3.5%
净利率更高
APEI
高出26.8%
-18.8%
自由现金流更多
NRDY
多$11.4M
$-15.6M
两年增速更快
APEI
近两年复合增速
-4.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $158.3M | $49.1M |
| 净利润 | $12.6M | $-9.2M |
| 毛利率 | 56.4% | 51.0% |
| 营业利润率 | 12.0% | -28.3% |
| 净利率 | 8.0% | -18.8% |
| 营收同比 | -3.5% | 2.3% |
| 净利润同比 | -2.7% | 8.9% |
| 每股收益（稀释后） | $0.67 | $-0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APEINRDY
| Q4 25 | $158.3M | $49.1M | ||
| Q3 25 | $163.2M | $37.0M | ||
| Q2 25 | $162.8M | $45.3M | ||
| Q1 25 | $164.6M | $47.6M | ||
| Q4 24 | $164.1M | $48.0M | ||
| Q3 24 | $153.1M | $37.5M | ||
| Q2 24 | $152.9M | $51.0M | ||
| Q1 24 | $154.4M | $53.7M |
净利润APEINRDY
| Q4 25 | $12.6M | $-9.2M | ||
| Q3 25 | $5.6M | $-12.3M | ||
| Q2 25 | $4.5M | $-7.9M | ||
| Q1 25 | $8.9M | $-10.5M | ||
| Q4 24 | $13.0M | $-10.1M | ||
| Q3 24 | $2.3M | $-15.9M | ||
| Q2 24 | $371.0K | $-9.1M | ||
| Q1 24 | $516.0K | $-7.4M |
毛利率APEINRDY
| Q4 25 | 56.4% | 51.0% | ||
| Q3 25 | 54.2% | 62.9% | ||
| Q2 25 | 51.8% | 61.5% | ||
| Q1 25 | 54.5% | 58.0% | ||
| Q4 24 | 56.3% | 66.6% | ||
| Q3 24 | 50.8% | 70.5% | ||
| Q2 24 | 50.2% | 65.7% | ||
| Q1 24 | 53.1% | 68.0% |
营业利润率APEINRDY
| Q4 25 | 12.0% | -28.3% | ||
| Q3 25 | 5.9% | -51.5% | ||
| Q2 25 | 4.3% | -27.1% | ||
| Q1 25 | 7.4% | -34.8% | ||
| Q4 24 | 13.1% | -34.0% | ||
| Q3 24 | 2.7% | -68.5% | ||
| Q2 24 | 1.5% | -29.9% | ||
| Q1 24 | 3.4% | -23.9% |
净利率APEINRDY
| Q4 25 | 8.0% | -18.8% | ||
| Q3 25 | 3.4% | -33.2% | ||
| Q2 25 | 2.8% | -17.4% | ||
| Q1 25 | 5.4% | -22.1% | ||
| Q4 24 | 7.9% | -21.1% | ||
| Q3 24 | 1.5% | -42.4% | ||
| Q2 24 | 0.2% | -17.8% | ||
| Q1 24 | 0.3% | -13.9% |
每股收益（稀释后）APEINRDY
| Q4 25 | $0.67 | $-0.07 | ||
| Q3 25 | $0.30 | $-0.10 | ||
| Q2 25 | $-0.02 | $-0.07 | ||
| Q1 25 | $0.41 | $-0.09 | ||
| Q4 24 | $0.63 | $-0.09 | ||
| Q3 24 | $0.04 | $-0.14 | ||
| Q2 24 | $-0.06 | $-0.08 | ||
| Q1 24 | $-0.06 | $-0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $174.1M | $47.9M |
| 总债务越低越好 | $94.7M | — |
| 股东权益账面价值 | $294.8M | $19.0M |
| 总资产 | $521.4M | $76.2M |
| 负债/权益比越低杠杆越低 | 0.32× | — |
8季度趋势，按日历期对齐
现金及短期投资APEINRDY
| Q4 25 | $174.1M | $47.9M | ||
| Q3 25 | $191.3M | $32.7M | ||
| Q2 25 | $174.9M | $36.7M | ||
| Q1 25 | $161.6M | $44.9M | ||
| Q4 24 | $131.9M | $52.5M | ||
| Q3 24 | $135.4M | $65.0M | ||
| Q2 24 | $129.8M | $69.8M | ||
| Q1 24 | $125.3M | $77.0M |
总债务APEINRDY
| Q4 25 | $94.7M | — | ||
| Q3 25 | $94.4M | — | ||
| Q2 25 | $94.1M | — | ||
| Q1 25 | $93.7M | — | ||
| Q4 24 | $93.4M | — | ||
| Q3 24 | $93.1M | — | ||
| Q2 24 | $92.8M | — | ||
| Q1 24 | $95.0M | — |
股东权益APEINRDY
| Q4 25 | $294.8M | $19.0M | ||
| Q3 25 | $279.3M | $24.3M | ||
| Q2 25 | $272.2M | $31.8M | ||
| Q1 25 | $310.0M | $34.4M | ||
| Q4 24 | $303.9M | $39.5M | ||
| Q3 24 | $290.4M | $43.3M | ||
| Q2 24 | $288.7M | $52.2M | ||
| Q1 24 | $288.5M | $52.8M |
总资产APEINRDY
| Q4 25 | $521.4M | $76.2M | ||
| Q3 25 | $525.3M | $70.4M | ||
| Q2 25 | $537.4M | $73.7M | ||
| Q1 25 | $578.7M | $83.0M | ||
| Q4 24 | $570.1M | $92.5M | ||
| Q3 24 | $569.6M | $106.8M | ||
| Q2 24 | $560.7M | $111.3M | ||
| Q1 24 | $559.0M | $121.3M |
负债/权益比APEINRDY
| Q4 25 | 0.32× | — | ||
| Q3 25 | 0.34× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.30× | — | ||
| Q4 24 | 0.31× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.32× | — | ||
| Q1 24 | 0.33× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-11.6M | $-2.9M |
| 自由现金流经营现金流 - 资本支出 | $-15.6M | $-4.3M |
| 自由现金流率自由现金流/营收 | -9.9% | -8.7% |
| 资本支出强度资本支出/营收 | 2.6% | 2.7% |
| 现金转化率经营现金流/净利润 | -0.92× | — |
| 过去12个月自由现金流最近4个季度 | $46.1M | $-24.2M |
8季度趋势，按日历期对齐
经营现金流APEINRDY
| Q4 25 | $-11.6M | $-2.9M | ||
| Q3 25 | $21.7M | $-2.4M | ||
| Q2 25 | $14.8M | $-7.0M | ||
| Q1 25 | $37.0M | $-6.4M | ||
| Q4 24 | $1.6M | $-11.3M | ||
| Q3 24 | $14.1M | $-3.1M | ||
| Q2 24 | $12.5M | $-5.6M | ||
| Q1 24 | $20.7M | $4.4M |
自由现金流APEINRDY
| Q4 25 | $-15.6M | $-4.3M | ||
| Q3 25 | $17.5M | $-4.1M | ||
| Q2 25 | $11.1M | $-8.2M | ||
| Q1 25 | $33.1M | $-7.6M | ||
| Q4 24 | $-1.8M | $-12.5M | ||
| Q3 24 | $7.8M | $-5.0M | ||
| Q2 24 | $7.3M | $-7.1M | ||
| Q1 24 | $14.5M | $2.1M |
自由现金流率APEINRDY
| Q4 25 | -9.9% | -8.7% | ||
| Q3 25 | 10.7% | -11.2% | ||
| Q2 25 | 6.8% | -18.1% | ||
| Q1 25 | 20.1% | -16.0% | ||
| Q4 24 | -1.1% | -26.0% | ||
| Q3 24 | 5.1% | -13.3% | ||
| Q2 24 | 4.7% | -14.0% | ||
| Q1 24 | 9.4% | 4.0% |
资本支出强度APEINRDY
| Q4 25 | 2.6% | 2.7% | ||
| Q3 25 | 2.6% | 4.6% | ||
| Q2 25 | 2.3% | 2.6% | ||
| Q1 25 | 2.4% | 2.5% | ||
| Q4 24 | 2.0% | 2.4% | ||
| Q3 24 | 4.1% | 5.2% | ||
| Q2 24 | 3.4% | 3.0% | ||
| Q1 24 | 4.0% | 4.1% |
现金转化率APEINRDY
| Q4 25 | -0.92× | — | ||
| Q3 25 | 3.90× | — | ||
| Q2 25 | 3.29× | — | ||
| Q1 25 | 4.16× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 6.22× | — | ||
| Q2 24 | 33.57× | — | ||
| Q1 24 | 40.20× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APEI
| American Public Education Inc Segment | $71.0M | 45% |
| Rasmussen University Segment | $66.6M | 42% |
| Hondros College Of Nursing Segment | $20.7M | 13% |
NRDY
暂无分部数据
