#United States #revenue growth #Lancaster #Legacy Education #Education Programs

Legacy Education Reports Impressive Financial Results for Q2 FY 2026

Legacy Education Inc. (NYSE American: LGCY), a prominent provider of career-oriented training in the healthcare sector, has released its financial results for the second quarter of fiscal year 2026, ending December 31, 2025. The company has showcased a remarkable revenue growth of 40.7%, reflecting a significant uptick in both enrollment and overall performance.

Financial Performance Overview

During the second quarter, Legacy Education generated revenues of $19.2 million, up from $13.6 million during the same period last year, marking an increase of $5.6 million driven primarily by a remarkable 49.4% increase in new student enrollments. Specifically, the number of new student starts jumped from 397 to 593. The overall student population also saw growth, rising 16.8% to reach 3,234 students.

In terms of profitability, adjusted EBITDA rose to $3.0 million, which translates to a 61.6% increase compared to the previous year. Net income, too, reflected positive trends, climbing to $2.0 million, a 46% increase from the reported figures a year earlier. This growth underscores the effectiveness of Legacy Education’s strategic initiatives in enhancing educational accessibility and quality.

Year-to-Date Insights

Reviewing the financials for the first half of the fiscal year, the company reported total revenues of $38.6 million. This figure represents a 39.6% growth compared to $27.6 million from the same timeframe last year. New student enrollments surged by 37.2%, reaching 1,710.

Throughout this half-year evaluation, the total expenses related to educational services also rose, reflecting the company's commitment to sustaining a high-quality educational environment—totaling $20.6 million compared to $14.7 million for the same period last year. Similarly, general and administrative expenses increased to $12.2 million, primarily due to heightened marketing efforts and professional fees.

CEO Comments on Company Performance

LeeAnn Rohmann, the Chief Executive Officer of Legacy Education, expressed her satisfaction with the results, noting that the significant growth in revenue and student enrollments is a testament to the rising demand for their healthcare programs. She stated, “This was a standout quarter for Legacy Education, highlighted by strong revenue growth, significant increases in student starts, and expanding profitability. Demand for our healthcare programs continues to accelerate.”

The CEO further emphasized the need for operational excellence across enrollment and student support services and expressed confidence that this momentum will continue, positioning Legacy Education for future success as they expand their educational offerings.

Looking Ahead

As Legacy Education continues to see robust demand for its programs, the company aims to scale its educational platform and increase access to career-focused healthcare training. With their strategic focus firmly set on organic growth and an unwavering commitment to providing accessible education, they are well-positioned for sustained success in the coming quarters.

In conclusion, the second quarter of fiscal 2026 has marked a pivotal moment for Legacy Education. The impressive financial results reflect not only the company's operational capabilities but also the increasing appeal of the healthcare programs that it offers. As the educational landscape evolves, Legacy Education is poised to be a significant contributor to the industry's future.