Legacy Education Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $129.4M
- Price
- $10.10
- % Change (Daily % change from the live per-ticker quote feed.)
- +3.17%
- Volume
- 72.6K
About
Legacy Education Inc. provides education services to students, high school graduates, and working parents in the United States. The company offers degree programs, including Ultrasound Technician, Cardiac Sonography, and Vocational Nursing Associate of Applied Science degree, Associate Degree of Nursing; and diploma, avocational, and certificate programs, such as Clinical Medical Assisting, Dental Assisting, Medical Administrative Assisting, Medical Billing and Coding, Pharmacy Technician, Veterinary Assistant, Vocational Nursing, Phlebotomy Technician, Magnetic Resonance Imaging, Nursing Assistant, Pit and Fissure Sealant, California Dental Practice Act, Infection Control, Radiation Safety, Teaching Adult Learner, Coronal Polishing, Dispensary Agent Certification, Vocational Nursing Pre-Requisite, LVN IV Therapy Certificate, and Emergency Medical Technician Certification. It also offers Computer Specialist: Accounting, Surgical Technology Associate of Applied Science Degree Program, Sterile Processing Technician, Computer Accounting and Business Administrative Specialist Certificate Program, Bachelor of Science in Nursing (RN to BSN), and EKG/ECG Technician programs. The company operates through academic institutions, including High Desert Medical College, Central Coast College, Contra Costa Medical Career College, and Integrity College of Health. Legacy Education Inc. was founded in 2009 and is headquartered in Lancaster, California.
Quick stats
Shares outstanding12.8M
Computed float9.2M
Float / shares71.6%
Key info
SectorConsumer Defensive
IndustryEducation & Training Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001836754
Websitehttps://www.legacyed.com
AI Summary
AI-generated1/10
majorbullishearnings
Legacy Education Delivers Record Fiscal 2026 Results with 25% Revenue Growth and Continued Enrollment Gains
Legacy Education reported record fiscal 2026 results, with revenue up 24.8% to $80.1 million and net income up 21.3% to $9.1 million.
Fourth-quarter revenue grew 12% to $20.1 million with net income up 53.3% to $1.9 million, and the year ended with a student population of 3,377, up 8.9%. Part of the FY growth reflects a full year of the CCMCC acquisition versus a half year in fiscal 2025.
Strategically, the company expanded capacity at its Lancaster and Temecula campuses, signed a lease for its first Texas campus in Houston, and added new degree and certificate programs launching in fiscal Q2 2027.
The balance sheet shows $22.7 million in cash against $12.4 million in current liabilities, but bad debt expense of about $4.0 million (5% of revenue) remains a watch item tied to enrollment growth.
Red flags
- FY revenue growth partially inorganic -- full-year contribution from CCMCC acquisition (Dec 2024) inflates YoY comparison
- Bad debt expense of ~$4.0M (5% of revenue) with rising accounts receivable tied to enrollment growth
- No forward guidance provided in the release