The consistent enrollment growth and margin improvement signal strong operational momentum. Monitor the conference call for any forward guidance and updates on facility expansions and the branch letter of intent. The beat may drive near-term upside but watch for G&A expense growth outpacing revenue.
Price Chart
Executive Summary
Legacy Education reported Q3 fiscal 2026 results with diluted EPS of $0.22 (29.4% beat vs $0.17 consensus) and revenue of $21.4M (4.2% beat vs $20.5M consensus, +15% YoY). Net income grew 7.5% to $3.0M and adjusted EBITDA rose 12.6% to $4.4M, driven by a 9.4% increase in student population and improved educational services margins.
Key Financial Metrics
Key Facts
- Diluted EPS $0.22 vs consensus $0.17 (beat by 29.4%)
- Revenue $21.4M, +15% YoY vs consensus $20.5M
- Net income $3.0M, up 7.5% YoY
- Adjusted EBITDA $4.4M, up 12.6% YoY
- Student population up 9.4% to 3,550; new student starts 1,078
- Educational services expense as % of revenue improved to 51.7% from 54.4%
- Balance sheet: $21.7M cash, minimal debt
Financial Impact
EPS beat by $0.05 (29.4%), revenue beat by $0.9M (4.2%)
Risk Factors
- G&A expenses grew 33.5% YoY, potentially pressuring margins if not controlled
- Slower revenue growth (15%) compared to prior Q1 (38.5%) may indicate deceleration
- Reliance on healthcare education enrollment trends and regulatory environment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-023061 |
| Document: form8-k.htm | 0001493152-26-023061 |
| Document: 0001493152-26-023061-index-headers.html | 0001493152-26-023061 |
| Document: 0001493152-26-023061-index.html | 0001493152-26-023061 |
| Document: 0001493152-26-023061.txt | 0001493152-26-023061 |
| 8-K Data (Synthetic) | 0001493152-26-023061 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | DEFA14A | $10.45 | awaiting T+20 | — | $10.22 (−2.20%) |
Oct 26, 2026 1d ago | DEF 14A | $10.45 | awaiting T+20 | — | $10.22 (−2.20%) |
Oct 1, 2026 26d ago | SC 13G | $9.60 | awaiting T+20 | — | $10.22 (+6.46%) |
Sep 24, 2026 4w ago | Press Release | $9.31 $10.25 | ▼ −10.10% | ▼ −11.57% | $10.22 (−9.77%) |
Aug 5, 2026 11w ago | 8-K | $11.98 $10.75 | ▼ −10.27% | ▼ −10.87% | $10.22 (−14.69%) |
May 28, 2026 21w ago | 144 | $11.26 $11.40 | ▲ +1.24% | ▲ +4.39% | $10.22 (−9.24%) |
May 14, 2026 23w ago | 8-K | $11.92 $11.01 | ▼ −7.63% | ▼ −9.75% | $10.22 (−14.26%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers