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Aspen University's revenue is $76.7 million.

What is Aspen University's revenue?

Aspen University's annual revenue is $76.7M. Zippia's data science team found the following key financial metrics about Aspen University after extensive research and analysis.
  • Aspen University's revenue growth from 2014 to 2022 is 1,826.16%.
  • Aspen University has 317 employees, and the revenue per employee ratio is $241,938.
  • Aspen University's peak quarterly revenue was $19.4M in 2022(q1).
  • Aspen University peak revenue was $76.7M in 2022.
  • Aspen University annual revenue for 2021 was 67.8M, 38.22% growth from 2020.
  • Aspen University annual revenue for 2022 was 76.7M, 13.1% growth from 2021.

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Most recent quarter revenue
$15.6M (Q3'2023)
Company most recent quarter revenue
Peak revenue
$76.7M (2022)
Company peak revenue
Revenue / employee
$241,938
Company revenue / employee

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Most recent quarter revenue
$15.6M (Q3'2023)
Company most recent quarter revenue
Peak revenue
$76.7M (2022)
Company peak revenue
Revenue / employee
$241,938
Company revenue / employee

Aspen University historical revenue

Aspen University's peak revenue was $76.7M in 2022. The peak quarterly revenue was $19.4M in 2022(q1).

Aspen University's revenue increased from $4.0m in 2014 to $76.7M currently. That's a 1,826.16% change in annual revenue.

Aspen University annual revenue

$77M
$61M
$46M
$31M
$15M
$0
2017
2018
2019
2020
2021
2022

Aspen University annual revenue over time

Fiscal year / yearAspen University revenue
2014$4.0M
2015$5.2M
2016$8.5M
2017$14.2M
2018$22.0M
2019$34.0M
2020$49.1M
2021$67.8M
2022$76.7M

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Aspen University annual growth

Aspen University saw the greatest revenue growth in 2017, when revenue increased by 68.53%.

Aspen University had the lowest revenue growth in 2022, when revenue changed by 13.1%.

Aspen University annual growth rate over time

YearAspen University growth
2015
31%
2016
62%
2017
69%
2018
55%
2019
55%
2020
44%
2021
38%
2022
13%

Aspen University quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$19M
$16M
$12M
$8M
$4M
$0
2019
2020
2021
2022
2023

Aspen University quarterly growth rate over time

YearQ1Q2Q3Q4
2014$901,199$914,132$1.0M$1.2M
2015$1.2M$1.2M$1.3M$1.6M
2016$1.7M$1.9M$2.2M$2.7M
2017$2.8M$3.5M$3.7M$4.3M
2018$4.2M$4.9M$5.7M$7.2M
2019$7.2M$8.1M$8.5M$10.2M
2020$10.4M$12.1M$12.5M$14.1M
2021$15.2M$17.0M$16.6M$19.1M
2022$19.4M$18.9M$18.9M$19.4M
2023$18.9M$17.1M$15.6M-

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Aspen University financial information

CEOMichael D. Mathews
IndustryDiversified Consumer Services
Company TypeEducation
Employees Number317
Date Founded1987
HeadquartersDenver, Colorado
Number of Locations2
Revenue$76.7M
Net Income-$9,585,781
Gross Proft$41.4M (2022)
EBITDA($5.1M) (2022)
Tax Rate-0.0%
Total Assets$91,066,051
TickerASPU

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Aspen University financing

Aspen University received early financing of $7.5M on 2017-04-20.

SeriesRound sizeDate
Series Unknown$7.5M04/2017
Debt Financing$10M07/2017

Aspen University investors

InvestorsSecurity type
Runway Growth Credit Fund IncDebt Financing

Aspen University competitors

Aspen University's top competitor, Western Governors University, earned an annual revenue of $344.6M.

Aspen University's smallest competitor is American Sentinel University with revenue of $980.0K last year.

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Zippia gives an in-depth look into the details of Aspen University, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Aspen University. The employee data is based on information from people who have self-reported their past or current employments at Aspen University. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Aspen University. The data presented on this page does not represent the view of Aspen University and its employees or that of Zippia.

Aspen University may also be known as or be related to Aspen University Inc, Aspen University Inc. and Aspen University.