Legacy Education Inc.

Legacy Education Inc. Earnings Recaps

LGCY 2 recaps
Next earnings: October 12, 2026 (estimated) · full calendar
Q4 2026 Sep 29, 2026

Legacy Education fell 9.7% after earnings, despite fiscal 2026 growth, as the transcript’s outlook offered no specific fiscal 2027 guidance to anchor expectations. Management cited growth initiatives and active acquisition evaluation, but investors may have been disappointed by the lack of quantified forward expectations in the remarks provided.

Key takeaways
  • Fiscal 2026 revenue rose 24.8% to $80.1 million from $64.2 million; $9.9 million of the increase came from pre-existing brands, which grew 16.5%.
  • New student starts increased 9% to 3,483, and year-end enrollment rose 8.9% to 3,377; active population at pre-existing brands increased 8.1% to 2,869.
  • Fourth-quarter revenue grew 12% to $20.1 million. Pre-existing brands grew 11.3%, and adjusted EBITDA increased 30.6% to $3.1 million, with adjusted EBITDA margin reaching 15.5%.
  • Fiscal 2026 adjusted EBITDA margin was 17%, while the company invested in programs, facilities, staffing and infrastructure.
  • Management cited existing-platform expansion, added capacity, Houston and potential acquisitions as growth opportunities, but the remarks provided no quantified fiscal 2027 outlook.
Q2 2026 Feb 13, 2026

Legacy Education Inc. reported a robust second quarter for fiscal 2026, achieving a 40.7% year-over-year revenue growth alongside significant net income and adjusted EBITDA increases, positioning the company well for continued expansion in the growing healthcare education sector.

Key takeaways
  • Revenue surged to $19.2 million, marking the 14th consecutive quarter of double-digit growth.
  • Net income rose 46% to $2 million, translating to earnings of $0.15 per diluted share.
  • Student enrollment grew 6.8% year-over-year, reaching a total of 3,234, driven by new program rollouts and effective marketing strategies.
  • Strong operational momentum was highlighted by the successful launch of the MRI program and upcoming cardiac sonography offerings, enhancing future growth potential.
  • Accreditation milestones, including a six-year reaccreditation for Integrity College of Health, reinforce the quality of education and institutional compliance.