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Legacy Reserves

LGCY

Legacy Education Inc. is a provider of career-focused, post-secondary education services primarily focused on the healthcare sector.

Market cap
$147.9M+3.8%
Revenue$77.9M+32.1%
Net income$8.5M+16.8%
Free cash flow$4.7M-24.4%
EPS (diluted)$0.61-1.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 24, 2026 (in 3 months)
Revenue estimate$22.0M
EPS estimate$0.12

Financials

Q3 2026

Income statement

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Revenue$21.4M+15.0%
Operating income$3.9M+7.6%
Net income$3.0M+7.5%
EPS (diluted)$0.22+4.8%

Balance sheet

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Cash & equivalents$21.7M+25.1%
Total debt$15.5M-13.3%
Total equity$49.5M+26.1%
Total assets$75.5M+12.5%

Cash flow

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Operating cash flow$764.4K-16.8%
CapEx$248.6K-22.8%
Free cash flow$515.8K-13.6%

Valuation & ratios

Valuation

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Market cap$147.9M+3.8%
Enterprise value$141.69M+1.3%
P/E17.4×-1.5×
P/S1.9×-0.3×

Profitability

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Operating margin14.4%-0.6pp
Net margin10.9%-1.4pp
FCF margin6.1%

Returns & leverage

See full
Return on equity19.1%-5.6pp
Debt / equity0.3×-0.1×
Current ratio3.4×+0.7×

Segments

By product

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Tuition And Lab Fees$18.4M+16.8%
Books Registration And Other Fees$3.0M+4.9%

Competitors

Profile

Legacy Education Inc. is a provider of career-focused, post-secondary education services primarily focused on the healthcare sector. The company operates accredited academic institutions that offer certificate, diploma, and associate degree programs designed to prepare students for immediate entry into the workforce. Its core value proposition centers on high-quality, professionally aligned curricula and strategic campus locations that facilitate student externships and job placement.

Competitive position

The company is a regional provider in California's fragmented for-profit education market, differentiating itself through high placement rates and specialized healthcare accreditation.

GeographiesUnited States, California
Customer segmentsAdult Learners, Healthcare Professionals, Vocational Students
Business modelB2C, Tuition-based Education, Accredited Post-secondary Education
SuppliersAccrediting agencies (ACCET, ABHES), Federal student aid programs (Title IV), Curriculum developers, Educational technology providers
CustomersHospitals, Medical clinics, Dental offices, Veterinary hospitals, Imaging centers
Listed2024
Employees266.0
CEOLeeAnn Rohmann
FilingsSEC EDGAR

Questions, answered.

What is Legacy Reserves's market cap?
Legacy Reserves (LGCY) has a market capitalization of $147.9M and trades on XASE.
What is Legacy Reserves's revenue and profitability?
Legacy Reserves generated $77.9M in trailing twelve-month revenue with net income of $8.5M, representing a net margin of 10.9%, with free cash flow of $4.7M. These figures are based on the Q1 2026 filing.
Who are Legacy Reserves's competitors?
Legacy Reserves's key competitors include Lincoln Educational Services, Phoenix Education Partners, Inc., Strategic Education, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Legacy Reserves partner with?
Legacy Reserves's notable partners include American Red Cross, Wonderlic.
What subsidiaries does Legacy Reserves have?
Legacy Reserves's subsidiaries include High Desert Medical College, Central Coast College, Integrity College of Health, and others.
Where is Legacy Reserves headquartered?
Legacy Reserves is headquartered in United States of America and employs approximately 266 people. It has been publicly traded since 2024.