Legacy Education (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 Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 24, 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 $80.1M in revenue for fiscal year 2026, up 24.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
Rapid expansion has improved operating margins, but FY2026 cash conversion weakened as receivables and reinvestment absorbed more earnings.
The key earnings-quality shift is that FY2026 operating cash flow of$4.0M converted only44.1% of net income, after cash flow exceeded net income in FY2025; that reversal suggests working capital or other timing items absorbed earnings even though reported profit rose.
Across FY2023–FY2026, revenue more than doubled while operating margin rose
FY2026 free cash flow fell to
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. 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 14.8%, meaning the company retains $15 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 down from 15.6% the prior year.
Legacy Education Inc.'s revenue surged 24.8% year-over-year to $80.1M, reflecting rapid business expansion. This strong growth earns a score of 90/100.
Legacy Education Inc. carries a low D/E ratio of 0.00, meaning only $0.00 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 3.70, Legacy Education Inc. holds $3.70 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 85/100.
Legacy Education Inc. has a free cash flow margin of 3.4%, earning a moderate score of 47/100. The company generates positive cash flow after capital investments, but with room for improvement.
Legacy Education Inc. earns a strong 17.3% return on equity (ROE), meaning it generates $17 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 87/100. This is down from 18.4% the prior year.
Legacy Education Inc. scores 5.49, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $131.3M against total liabilities of $25.8M. 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 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Legacy Education Inc. generates $0.44 in operating cash flow ($4.0M OCF vs $9.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Legacy Education Inc. earns $173.30 in operating income for every $1 of interest expense ($11.8M vs $68K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Legacy Education Inc. generated $20.1M in revenue in Q4 2026. This represents an increase of 12.0% from the same quarter a year earlier. Against the prior quarter it is down 5.9%.
Legacy Education Inc.'s EBITDA was $2.8M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 32.6% from the same quarter a year earlier. Against the prior quarter it is down 31.6%.
Legacy Education Inc. reported $1.9M in net income in Q4 2026. This represents an increase of 53.3% from the same quarter a year earlier. Against the prior quarter it is down 37.9%.
Legacy Education Inc. earned $0.14 per diluted share (EPS) in Q4 2026. This represents an increase of 75.0% from the same quarter a year earlier. Against the prior quarter it is down 36.4%.
Cash & Balance Sheet
Legacy Education Inc. generated $843K in free cash flow in Q4 2026, representing cash available after capex. This represents a decrease of 71.0% from the same quarter a year earlier. Against the prior quarter it is up 63.4%.
Legacy Education Inc. held $22.7M in cash against $27K in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
Legacy Education Inc.'s operating margin was 13.0% in Q4 2026, reflecting core business profitability. This is up 1.9 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.4 percentage points.
Legacy Education Inc.'s net profit margin was 9.4% in Q4 2026, showing the share of revenue converted to profit. This is up 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.8 percentage points.
Legacy Education Inc.'s quarterly ROE was 3.6% in Q4 2026: one quarter's net income over shareholder equity, not annualized. This is up 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.6 percentage points.
Not reported for Q4 2026.
Capital Allocation
Legacy Education Inc. invested $308K in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 226.8% from the same quarter a year earlier. Against the prior quarter it is up 23.8%.
Not reported for Q4 2026.
Not reported for Q4 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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.1M+12.0% | $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% |
| SG&A Expenses | $5.8M-5.7% | $6.2M+33.5% | $6.1M+40.4% | $6.1M+54.0% | $6.2M+90.0% | $4.6M+39.5% | $4.3M+32.5% | $4.0M+25.7% |
| Operating Income | $2.6M+31.3% | $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% |
| EBITDA | $2.8M+32.6% | $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% |
| Interest Expense | $8K-72.4% | $8K-69.4% | $8K-71.1% | $44K+49.8% | $29K+93.2% | $26K-33.8% | $28K-19.7% | $29K+3.8% |
| Income Tax | $706K-30.9% | $1.2M+8.0% | $832K+58.1% | $787K-3.3% | $1.0M+372.9% | $1.1M+53.0% | $526K+6.9% | $813K+90.9% |
| Net Income | $1.9M+53.3% | $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% |
| EPS (Basic) | $0.15+66.7% | $0.24+4.3% | $0.16+45.5% | $0.18-18.2% | $0.09 | $0.23+21.1% | $0.11-21.4% | $0.22+83.3% |
| EPS (Diluted) | $0.14+75.0% | $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% |
| Diluted Shares (Avg) | N/A | 14M+4.0% | 14M+3.3% | 14M+41.4% | N/A | 14M+39.6% | 13M+38.5% | 10M+1.3% |
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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $78.5M+13.5% | $75.5M+12.5% | $73.1M+17.8% | $72.1M+42.5% | $69.2M+96.8% | $67.1M | $62.1M | $50.6M |
| Current Assets | $45.8M+23.6% | $44.0M+24.6% | $41.8M+31.3% | $40.9M+17.3% | $37.1M+50.7% | $35.3M | $31.9M | $34.9M |
| Cash & Equivalents | $22.7M+11.9% | $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% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Accounts Receivable | $19.9M+32.0% | $19.2M+21.2% | $18.0M+32.8% | $17.6M+43.8% | $15.1M+15.4% | $15.8M | $13.6M | $12.3M |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Goodwill | $6.8M-0.1% | $6.8M+3.8% | $6.8M+3.3% | $6.4M+233.3% | $6.9M+255.2% | $6.6M | $6.6M | $1.9M |
| Total Liabilities | $25.8M-8.4% | $25.9M-6.8% | $27.0M+5.4% | $28.4M+57.7% | $28.2M+120.8% | $27.8M | $25.7M | $18.0M |
| Current Liabilities | $12.4M-10.3% | $13.1M-1.8% | $14.0M+8.6% | $15.0M+31.9% | $13.8M+31.7% | $13.3M | $12.9M | $11.4M |
| Non-Current Liabilities | $13.4M-6.7% | $12.9M-11.3% | $13.0M+2.1% | $13.5M+101.6% | $14.4M+528.6% | $14.5M | $12.7M | $6.7M |
| Long-Term Debt | $27K-94.4% | $37K-65.6% | $49K-59.9% | $65K-53.4% | $481K+288.5% | $107K | $123K | $139K |
| Total Equity | $52.8M+28.6% | $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% |
| Retained Earnings | $22.9M+66.4% | $21.0M+67.7% | $18.0M+85.2% | $15.9M+91.8% | $13.8M+121.1% | $12.5M | $9.7M | $8.3M |
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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.2M-61.7% | $764K-16.8% | $1.1M+60.2% | $1.1M-66.8% | $3.0Mn/m | $919Kn/m | $659K-73.0% | $3.2M+557.3% |
| Depreciation & Amortization | $191K+53.2% | $156K+19.7% | $174K+63.9% | $124K+52.6% | $125K+64.3% | $130K+91.2% | $106K+67.2% | $81K+40.2% |
| Stock-Based Compensation | N/A | $296K+175.7% | $296K+171.1% | $269K+301.7% | N/A | $107K | $109K | $67K |
| Capital Expenditures | $308K+226.8% | $249K-22.8% | $543K+182.3% | $247K+4.6% | $94K+514.5% | $322K+439.3% | $192K+12.3% | $236K+32.9% |
| Free Cash Flow | $843K-71.0% | $516K-13.6% | $513K+9.8% | $810K-72.5% | $2.9Mn/m | $597Kn/m | $467K-79.4% | $2.9M+860.0% |
| Investing Cash Flow | -$308Kn/m | -$249Kn/m | -$543Kn/m | -$247Kn/m | -$94Kn/m | -$322Kn/m | -$6.3Mn/m | -$236Kn/m |
| Financing Cash Flow | $207K+164.6% | $108Kn/m | -$41K-104.0% | -$540K-106.6% | $78K+3163.0% | -$139K-333.9% | $1.0Mn/m | $8.2Mn/m |
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 | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 13.0%+1.9pp | 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 |
| Net Margin | 9.4%+2.5pp | 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 |
| Return on Equity | 3.6%+0.6pp | 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 |
| Return on Assets | 2.4%+0.6pp | 4.0%-0.2pp | 2.8%+0.5pp | 3.0%-1.1pp | 1.8%-1.0pp | 4.2% | 2.3% | 4.1% |
| Current Ratio | 3.70+1.0x | 3.36+0.7x | 2.98+0.5x | 2.73-0.3x | 2.69+0.3x | 2.65 | 2.46 | 3.07 |
| Debt-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.00 | 0.00 | 0.00 |
| Liabilities-to-Equity | 0.49-0.2x | 0.52-0.2x | 0.59-0.1x | 0.65+0.1x | 0.69+0.1x | 0.71 | 0.70 | 0.55 |
| Asset Turnover | 0.260.0x | 0.280.0x | 0.260.0x | 0.270.0x | 0.26-0.1x | 0.28 | 0.22 | 0.28 |
| FCF Margin | 4.2%-12.0pp | 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 |
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 | FY2026 | $80.1M | $9.1M | 11.4% | $131.3M | 81/100 |
| Sunlands Technology Group STG | FY2025 | $288.8M | $52.3M | 18.1% | $31.1M | 61/100 |
| CHEGG, INC. CHGG | FY2025 | $376.9M | -$103.4M | -27.4% | $78.0M | 21/100 |
| iHuman Inc. IH | FY2025 | $115.4M | $13.6M | 11.8% | $58.3M | 54/100 |
| Skillsoft Corp. SKIL | FY2026 | $512.7M | -$139.8M | -27.3% | $48.0M | 21/100 |
| Franklin Covey Company FC | FY2025 | $267.1M | $3.1M | 1.1% | $211.0M | 44/100 |
Where Legacy Education Inc. Ranks
Frequently Asked Questions
What is Legacy Education Inc.'s annual revenue?
Legacy Education Inc. (LGCY) reported $80.1M in total revenue for fiscal year 2026. This represents a 24.8% 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 24.8% year-over-year, from $64.2M to $80.1M in fiscal year 2026.
Is Legacy Education Inc. profitable?
Yes, Legacy Education Inc. (LGCY) reported a net income of $9.1M in fiscal year 2026, with a net profit margin of 11.4%.
What is Legacy Education Inc.'s EBITDA?
Legacy Education Inc. (LGCY) had EBITDA of $12.5M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Legacy Education Inc. have?
As of fiscal year 2026, Legacy Education Inc. (LGCY) had $22.7M in cash and equivalents against $27K in long-term debt.
What is Legacy Education Inc.'s operating margin?
Legacy Education Inc. (LGCY) had an operating margin of 14.8% in fiscal year 2026, 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 11.4% in fiscal year 2026, 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 17.3% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Legacy Education Inc.'s free cash flow?
Legacy Education Inc. (LGCY) generated $2.7M in free cash flow during fiscal year 2026. This represents a -61.3% 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 $4.0M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Legacy Education Inc.'s total assets?
Legacy Education Inc. (LGCY) had $78.5M in total assets as of fiscal year 2026, including both current and long-term assets.
What are Legacy Education Inc.'s capital expenditures?
Legacy Education Inc. (LGCY) invested $1.3M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Legacy Education Inc.'s current ratio?
Legacy Education Inc. (LGCY) had a current ratio of 3.70 as of fiscal year 2026, 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 0.00 as of fiscal year 2026. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Legacy Education Inc.'s liabilities-to-equity ratio?
Legacy Education Inc. (LGCY) had a liabilities-to-equity ratio of 0.49 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Legacy Education Inc.'s return on assets (ROA)?
Legacy Education Inc. (LGCY) had a return on assets of 11.6% for fiscal year 2026, 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 14.4x earnings, its market capitalization divided by $9.1M net income, FY2026. The market capitalization is $131.3M as of Oct 23, 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 1.6x sales, its market capitalization divided by $80.1M revenue, FY2026. The market capitalization is $131.3M as of Oct 23, 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 5.49, 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 6 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 0.44x, considered low quality (accrual-driven). 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 173.30x, 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 the average 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.