Legacy Education Inc (LGCY) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed May 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LGCY SEC filings page.
Legacy Education Inc (LGCY) reported $77.9M in revenue over the twelve months to Mar 31, 2026, up 32.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Growth is combining operating leverage with acquisition-led asset expansion, while cash conversion improves after a FY2024 mismatch.
FY2024’s cash conversion gap was visible in net income of$5.1M versus operating cash flow of$1.6M , but FY2025 reversed that pattern as the measures nearly converged. That shift also lifted free-cash-flow margin from2.7% in FY2024 to10.8% in FY2025, indicating earnings became more cash-realized rather than merely accounting-driven.
Operating margin widened from
Total assets expanded from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Legacy Education Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Legacy Education Inc has an operating margin of 15.6%, meaning the company retains $16 of operating profit per $100 of revenue. This strong profitability earns a score of 78/100, reflecting efficient cost management and pricing power. This is up from 13.5% the prior year.
Legacy Education Inc's revenue surged 39.5% year-over-year to $64.2M, reflecting rapid business expansion. This strong growth earns a score of 92/100.
Legacy Education Inc carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.69, Legacy Education Inc holds $2.69 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 74/100.
Legacy Education Inc has a free cash flow margin of 10.8%, earning a moderate score of 55/100. The company generates positive cash flow after capital investments, but with room for improvement.
Legacy Education Inc earns a strong 18.4% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 89/100. This is down from 22.8% the prior year.
Legacy Education Inc scores 4.90, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($132.3M) relative to total liabilities ($28.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Legacy Education Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Legacy Education Inc generates $1.03 in operating cash flow ($7.8M OCF vs $7.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Legacy Education Inc earns $88.59 in operating income for every $1 of interest expense ($10.0M vs $113K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Legacy Education Inc generated $21.4M in revenue in Q3 2026. This represents an increase of 15.0% from the same quarter a year earlier. Against the prior quarter it is up 11.4%.
Legacy Education Inc's EBITDA was $4.1M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.0% from the same quarter a year earlier. Against the prior quarter it is up 50.2%.
Legacy Education Inc reported $3.0M in net income in Q3 2026. This represents an increase of 7.5% from the same quarter a year earlier. Against the prior quarter it is up 48.3%.
Legacy Education Inc earned $0.22 per diluted share (EPS) in Q3 2026. This represents an increase of 4.8% from the same quarter a year earlier. Against the prior quarter it is up 46.7%.
Cash & Balance Sheet
Legacy Education Inc generated $516K in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 13.6% from the same quarter a year earlier. Against the prior quarter it is up 0.6%.
Legacy Education Inc held $21.7M in cash against $37K in long-term debt as of Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Legacy Education Inc's operating margin was 18.4% in Q3 2026, reflecting core business profitability. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.1 percentage points.
Legacy Education Inc's net profit margin was 14.2% in Q3 2026, showing the share of revenue converted to profit. This is down 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.5 percentage points.
Legacy Education Inc's ROE was 6.1% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Not reported for Q3 2026.
Capital Allocation
Legacy Education Inc invested $249K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 22.8% from the same quarter a year earlier. Against the prior quarter it is down 54.2%.
Not reported for Q3 2026.
Not reported for Q3 2026.
LGCY Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.4M+15.0% | $19.2M+40.7% | $19.4M+38.5% | $18.0M+40.8% | $18.6M+50.7% | $13.6M+29.2% | $14.0M+35.1% | $12.8M |
| SG&A Expenses | $6.2M+33.5% | $6.1M+40.4% | $6.1M+54.0% | $6.3M+94.7% | $4.6M+39.5% | $4.3M+32.5% | $4.0M+25.7% | $3.3M |
| Operating Income | $3.9M+7.6% | $2.6M+54.2% | $2.7M+1.0% | $2.0M+139.1% | $3.7M+55.0% | $1.7M+1.2% | $2.7M+93.6% | $832K |
| EBITDA | $4.1M+8.0% | $2.7M+54.8% | $2.8M+2.5% | $2.1M+132.8% | $3.8M+56.0% | $1.8M+3.6% | $2.8M+91.4% | $908K |
| Interest Expense | $8K-69.4% | $8K-71.1% | $44K+49.8% | $29K+93.2% | $26K-33.8% | $28K-19.7% | $29K+3.8% | $15K |
| Income Tax | $1.2M+8.0% | $832K+58.1% | $787K-3.3% | $1.0M+372.9% | $1.1M+53.0% | $526K+6.9% | $813K+90.9% | $216K |
| Net Income | $3.0M+7.5% | $2.0M+46.0% | $2.2M+4.6% | $1.2M+27.6% | $2.8M+57.1% | $1.4M+8.5% | $2.1M+95.5% | $961K |
| EPS (Basic) | $0.24+4.3% | $0.16+45.5% | $0.18-18.2% | $0.09-10.0% | $0.23+21.1% | $0.11-21.4% | $0.22+83.3% | $0.10 |
| EPS (Diluted) | $0.22+4.8% | $0.15+50.0% | $0.16-23.8% | $0.08 | $0.21+10.5% | $0.10-23.1% | $0.21+90.9% | $0.10 |
| Diluted Shares (Avg) | 14M+4.0% | 14M+3.3% | 14M+41.4% | N/A | 14M+39.6% | 13M+38.5% | 10M+1.3% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
LGCY Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $75.5M+12.5% | $73.1M+17.8% | $72.1M+42.5% | $69.2M+96.8% | $67.1M | $62.1M | $50.6M | $35.2M+29.1% |
| Current Assets | $44.0M+24.6% | $41.8M+31.3% | $40.9M+17.3% | $37.1M+50.7% | $35.3M | $31.9M | $34.9M | $24.6M+41.7% |
| Cash & Equivalents | $21.7M+25.1% | $21.1M+24.8% | $20.6M-4.2% | $20.3M+95.8% | $17.3M+51.8% | $16.9M+44.6% | $21.5M+126.5% | $10.4M+11.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $19.2M+21.2% | $18.0M+32.8% | $17.6M+43.8% | $15.1M+15.4% | $15.8M | $13.6M | $12.3M | $13.0M+81.5% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $6.8M+3.8% | $6.8M+3.3% | $6.4M+233.3% | $6.9M+255.2% | $6.6M | $6.6M | $1.9M | $1.9M0.0% |
| Total Liabilities | $25.9M-6.8% | $27.0M+5.4% | $28.4M+57.7% | $28.2M+120.8% | $27.8M | $25.7M | $18.0M | $12.8M+7.9% |
| Current Liabilities | $13.1M-1.8% | $14.0M+8.6% | $15.0M+31.9% | $13.8M+31.7% | $13.3M | $12.9M | $11.4M | $10.5M+23.2% |
| Non-Current Liabilities | $12.9M-11.3% | $13.0M+2.1% | $13.5M+101.6% | $14.4M+528.6% | $14.5M | $12.7M | $6.7M | $2.3M-31.3% |
| Long-Term Debt | $37K-65.6% | $49K-59.9% | $65K-53.4% | $481K+288.5% | $107K | $123K | $139K | $124K+173.3% |
| Total Equity | $49.5M+26.1% | $46.1M+26.5% | $43.7M+34.1% | $41.0M+83.1% | $39.3M+100.6% | $36.4M+104.8% | $32.6M+97.4% | $22.4M+45.4% |
| Retained Earnings | $21.0M+67.7% | $18.0M+85.2% | $15.9M+91.8% | $13.8M+121.1% | $12.5M | $9.7M | $8.3M | $6.2M+461.4% |
Not reported in any period shown, so not listed: Inventory.
LGCY Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $764K-16.8% | $1.1M+60.2% | $1.1M-66.8% | $3.0M+393.9% | $919K+461.9% | $659K-73.0% | $3.2M+557.3% | -$1.0M |
| Depreciation & Amortization | $156K+19.7% | $174K+63.9% | $124K+52.6% | $125K+64.3% | $130K+91.2% | $106K+67.2% | $81K+40.2% | $76K |
| Stock-Based Compensation | $296K+175.7% | $296K+171.1% | $269K+301.7% | N/A | $107K | $109K | $67K | N/A |
| Capital Expenditures | $249K-22.8% | $543K+182.3% | $247K+4.6% | $94K+514.5% | $322K+439.3% | $192K+12.3% | $236K+32.9% | $15K |
| Free Cash Flow | $516K-13.6% | $513K+9.8% | $810K-72.5% | $2.9M+380.5% | $597K+290.3% | $467K-79.4% | $2.9M+860.0% | -$1.0M |
| Investing Cash Flow | -$249K+22.8% | -$543K+91.4% | -$247K-4.6% | -$94K-514.5% | -$322K-439.3% | -$6.3M-3593.0% | -$236K-32.9% | -$15K |
| Financing Cash Flow | $108K+177.5% | -$41K-104.0% | -$540K-106.6% | $78K+3163.0% | -$139K-333.9% | $1.0M+1200.6% | $8.2M+4069.9% | $2K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LGCY Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 18.4%-1.3pp | 13.3%+1.2pp | 13.9%-5.2pp | 11.1%+4.6pp | 19.7%+0.6pp | 12.2%-3.4pp | 19.1%+5.8pp | 6.5% |
| Net Margin | 14.2%-1.0pp | 10.7%+0.4pp | 11.3%-3.7pp | 6.8%-0.7pp | 15.2%+0.6pp | 10.3%-2.0pp | 14.9%+4.6pp | 7.5% |
| Return on Equity | 6.1%-1.1pp | 4.4%+0.6pp | 5.0%-1.4pp | 3.0%-1.3pp | 7.2%-2.0pp | 3.8%-3.4pp | 6.4%-0.1pp | 4.3% |
| Return on Assets | 4.0%-0.2pp | 2.8%+0.5pp | 3.0%-1.1pp | 1.8%-1.0pp | 4.2% | 2.3% | 4.1% | 2.7% |
| Current Ratio | 3.36+0.7x | 2.98+0.5x | 2.73-0.3x | 2.69+0.3x | 2.65 | 2.46 | 3.07 | 2.35+0.3x |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.00 | 0.00 | 0.00 | 0.010.0x |
| Asset Turnover | 0.280.0x | 0.260.0x | 0.270.0x | 0.26-0.1x | 0.28 | 0.22 | 0.28 | 0.36 |
| FCF Margin | 2.4%-0.8pp | 2.7%-0.8pp | 4.2%-16.9pp | 16.2%+24.4pp | 3.2%+5.8pp | 3.4%-18.1pp | 21.1%+18.1pp | -8.1% |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Legacy Education Inc LGCY | FY2025 | $64.2M | $7.5M | 11.7% | $132.3M | 81/100 |
| Sunlands Tech STG | FY2025 | $288.8M | $52.3M | 18.1% | $36.3M | 61/100 |
| Chegg Inc CHGG | FY2025 | $376.9M | -$103.0M | -27.3% | $94.5M | 21/100 |
| Ihuman Inc IH | FY2025 | $115.4M | $13.6M | 11.8% | $62.4M | 54/100 |
| Skillsoft Corp SKIL | FY2026 | $512.7M | -$139.8M | -27.3% | $61.1M | 21/100 |
| Franklin Covey Co FC | FY2025 | $267.1M | $3.1M | 1.1% | $214.8M | 44/100 |
Where Legacy Education Inc Ranks
Frequently Asked Questions
What is Legacy Education Inc's annual revenue?
Legacy Education Inc (LGCY) reported $64.2M in total revenue for fiscal year 2025. This represents a 39.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Legacy Education Inc's revenue growing?
Legacy Education Inc (LGCY) revenue grew by 39.5% year-over-year, from $46.0M to $64.2M in fiscal year 2025.
Is Legacy Education Inc profitable?
Yes, Legacy Education Inc (LGCY) reported a net income of $7.5M in fiscal year 2025, with a net profit margin of 11.7%.
What is Legacy Education Inc's EBITDA?
Legacy Education Inc (LGCY) had EBITDA of $10.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Legacy Education Inc have?
As of fiscal year 2025, Legacy Education Inc (LGCY) had $20.3M in cash and equivalents against $481K in long-term debt.
What is Legacy Education Inc's operating margin?
Legacy Education Inc (LGCY) had an operating margin of 15.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Legacy Education Inc's net profit margin?
Legacy Education Inc (LGCY) had a net profit margin of 11.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Legacy Education Inc's return on equity (ROE)?
Legacy Education Inc (LGCY) has a return on equity of 18.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Legacy Education Inc's free cash flow?
Legacy Education Inc (LGCY) generated $6.9M in free cash flow during fiscal year 2025. This represents a 465.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Legacy Education Inc's operating cash flow?
Legacy Education Inc (LGCY) generated $7.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Legacy Education Inc's total assets?
Legacy Education Inc (LGCY) had $69.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Legacy Education Inc's capital expenditures?
Legacy Education Inc (LGCY) invested $844K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Legacy Education Inc's current ratio?
Legacy Education Inc (LGCY) had a current ratio of 2.69 as of fiscal year 2025, which is generally considered healthy.
What is Legacy Education Inc's debt-to-equity ratio?
Legacy Education Inc (LGCY) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Legacy Education Inc's return on assets (ROA)?
Legacy Education Inc (LGCY) had a return on assets of 10.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Legacy Education Inc's P/E ratio?
Legacy Education Inc (LGCY) trades at 15.6x earnings, its market capitalization divided by net income of $8.5M net income, trailing 12 months to March 31, 2026. The market capitalization is $132.3M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Legacy Education Inc's price-to-sales ratio?
Legacy Education Inc (LGCY) trades at 1.7x sales, its market capitalization divided by revenue of $77.9M revenue, trailing 12 months to March 31, 2026. The market capitalization is $132.3M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Legacy Education Inc's Altman Z-Score?
Legacy Education Inc (LGCY) has an Altman Z-Score of 4.90, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Legacy Education Inc's Piotroski F-Score?
Legacy Education Inc (LGCY) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Legacy Education Inc's earnings high quality?
Legacy Education Inc (LGCY) has an earnings quality ratio of 1.03x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Legacy Education Inc cover its interest payments?
Legacy Education Inc (LGCY) has an interest coverage ratio of 88.59x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Legacy Education Inc?
Legacy Education Inc (LGCY) scores 81 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.