Filing Flows

Filing Flows › Industrials › Legacy Education (LGCY)

Legacy Education (LGCY) earnings and revenue breakdown

Latest: Q4 FY26 · 10-K filed Sep 24, 2026 · Legacy Education (LGCY) Q4 FY26 earnings results →

Q4 FY26 Revenue up 12% year over year to $20.1M · 9¢ of every $1 of revenue kept as net profit · operating margin 13.0%

Legacy Education made $20.1M in Q4 FY26 (+12% Y/Y). Operating margin 13.0%, net earnings $1.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-K filed Sep 24, 2026.

Revenue$20.1M
Year over year+12%
Operating margin13.0%
Net earnings$1.9M
Operating cash flow$1.2M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $20.1M in Q4 FY26, up 12% year over year and down 6% from the previous quarter.

Operating profit was $2.6M, a 13.0% margin (up 1.9 points year over year). Of the extra revenue versus Q4 FY25, 29% reached operating profit, above the 11% margin then. Total costs grew 10% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $1.9M, up 53% year over year. The effective tax rate was 27.3%.

Operating cash flow was $1.2M (down 62% year over year), 61% of net earnings. Non-cash charges added back $191K of depreciation and amortization and $310K of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $308K left free cash flow of $843K.

Quarterly history

Legacy Education revenue by quarterLegacy Education revenue by quarter$13.6MQ2 FY25$18.6MQ3 FY25$18.0MQ4 FY25$19.4MQ1 FY26$19.2MQ2 FY26$21.4MQ3 FY26$20.1MQ4 FY26
Legacy Education net earnings by quarterLegacy Education net earnings by quarter$1.4MQ2 FY25$2.8MQ3 FY25$1.2MQ4 FY25$2.2MQ1 FY26$2.0MQ2 FY26$3.0MQ3 FY26$1.9MQ4 FY26
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q4 FY2610-KSep 24, 2026$20.1M+12%13.0%$1.9M$1.2M
Q3 FY2610-QMay 14, 2026$21.4M+15%18.5%$3.0M$764K
Q2 FY2610-QFeb 12, 2026$19.2M+41%13.3%$2.0M$1.1M
Q1 FY2610-QNov 13, 2025$19.4M+38%13.9%$2.2M$1.1M
Q4 FY2510-KSep 25, 2025$18.0M+41%11.1%$1.2M$3.0M
Q3 FY2510-QMay 15, 2025$18.6M+51%19.7%$2.8M$919K
Q2 FY2510-QFeb 13, 2025$13.6M+29%12.2%$1.4M$659K

Charts

Legacy Education: revenue growth, year over year and quarter over quarterLegacy Education: revenue growth, year over year and quarter over quarterY/YQ/Q+29%Q2 FY25+51%+36%Q3 FY25+41%-3%Q4 FY25+38%+8%Q1 FY26+41%-1%Q2 FY26+15%+11%Q3 FY26+12%-6%Q4 FY26
Latest (Q4 FY26): Y/Y +12%, Q/Q -6%.
Legacy Education: where the cash came from (+) and went (−), FY26Legacy Education: where the cash came from (+) and went (−), FY26Operating cash flow$4.0MCash drawn (+) / kept (−)−$2.4MCapital spending−$1.3MNet borrowing (+) / repaid (−)−$845KShares issued$578K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Legacy Education: profit against cash, quarter by quarterLegacy Education: profit against cash, quarter by quarterNet incomeOperating cash flow$2.1M$3.2MQ1 FY25$1.4M$659KQ2 FY25$2.8M$919KQ3 FY25$1.2M$3.0MQ4 FY25$2.2M$1.1MQ1 FY26$2.0M$1.1MQ2 FY26$3.0M$764KQ3 FY26$1.9M$1.2MQ4 FY26
Latest (Q4 FY26): Net income $1.9M, Operating cash flow $1.2M.
Legacy Education: diluted shares by fiscal yearLegacy Education: diluted shares by fiscal year10MFY2310MFY2413MFY2514MFY26
+44.9% since FY23: more shares outstanding (issuance, stock pay).
Legacy Education: long-term debt falling due (FY25)Legacy Education: long-term debt falling due (FY25)$925K2026$179K2027$165K2028$138K2029
Cash $20.3M, short-term investments —, long-term debt $1.4M at 2025-06-30.
Legacy Education in its industry: growth against margin (22 companies, SIC 8200)Legacy Education in its industry: growth against margin (22 companies, SIC 8200)revenue growth, year over year →↑ operating marginmedian +2%median 4%GHCLRNCVSALAURSTRALOPEPXEDUTIPRDOAPEILINCCHGGNRDYBOXLAMBOPCSVDFP Holdings LtdKIDZKPEARMGLBRWCLGCY (+12%, 13%)
Services-Educational Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

About Legacy Education

We provide career-focused, post-secondary education services to students at all stages of adult life, from recent high school graduates to working parents, through our accredited academic institutions: High Desert Medical College, which we acquired in July 2010, Central Coast College, which we acquired in January 2019, Integrity College of Health which we acquired in September 2020, and Contra Costa Medical Career College, which we acquired in December 2024. HDMC was established in the State of California in 2002 and began offering classes in 2003. It started with campuses in Lancaster, California, and added its first branch in 2008 in Bakersfield, California. Due to enrollment growth and high demand for its services, HDMC expanded to add a branch campus in Temecula, California in order to accommodate 250 to 400 additional students.

In its own words, from its 10-K, filed Sep 24, 2026.

Legacy Education against its Services-Educational Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +12% against the peers' median +4%. Operating margin: 13.0% against the peers' median 13.0%.

CompanyQuarterRevenueY/YOp. margin
LGCY Legacy EducationQ4 FY26$20.1M+12%13.0%
GHC Graham HoldingsQ3 2026$1.3B+4%6.4%
BSAA Best SPAC I AcquisitionQ1 2026$1.2B—0.0%
LRN StrideQ1 FY27$639M+3%13.2%
CVSA CovistaQ1 FY27$512M+11%19.2%
LAUR Laureate EducationQ3 2026$485M+21%24.6%
STRA Strategic EducationQ3 2026$325M+2%-26.9%
LOPE Grand Canyon EducationQ3 2026$267M+2%19.3%
PXED Phoenix Education PartnersQ4 FY26$261M+1%12.0%

Source: Legacy Education 10-K on SEC EDGAR · CIK 1836754 · Services-Educational Services

13F: who owns LGCY and who is buying

Largest holders of LGCY (13F)Largest holders of LGCY (13F)Royce & Associates LP$10.5MHolos Integrated Wealth LLC$8.7MKennedy Capital Management LLC$7.1MBard Associates$5.2MMink Brook Asset Management LLC$4.6MVanguard Capital Management LLC$4.5MVanguard Group$4.4MTruffle Hound Capital, LLC$4.1MEssex Investment Management Co LLC$3.1MPolar Asset Management Partners$3.0M
Funds' net buying of LGCY by quarter (13F)Funds' net buying of LGCY by quarter (13F)$3.9M2024-09−$558K2024-12$6.6M2025-03$4.8M2025-06$5.2M2025-09$3.3M2025-12$14.1M2026-03$3.1M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on LGCY

History

Every quarter: Q4 FY26 results · Q3 FY26 results · Q2 FY26 results · Q1 FY26 results · Q4 FY25 results · Q3 FY25 results · Q2 FY25 results

Compare LGCY with

中文版：Legacy Education（LGCY）财报

Español · Français