#United States #Lancaster #Legacy Education #NYSE LGCY #Fiscal 2026

Legacy Education Inc. Reports Impressive Results for Q1 Fiscal 2026

Legacy Education Inc. (NYSE American: LGCY), recognized as a premier provider of career-focused healthcare education, recently announced their outstanding financial and operational performance for the first quarter of their 2026 fiscal year, which concluded on September 30, 2025. This report reveals significant developments in revenue, student enrollment, and overall business growth — showcasing the company's strong position in a thriving educational landscape.

Financial Highlights

In Q1, Legacy Education's revenue soared by 38.5%, translating to an increase of $5.4 million, reaching a total of $19.4 million. The company also posted an adjusted EBITDA of $3.1 million, representing a 9.6% increase, while maintaining an EBITDA margin of 15.9% despite facing initial expansion costs. The net income climbed to $2.2 million, marking an increase of 4.6%, which translated to diluted earnings per share of $0.16. Notably, had the company used a comparable share count from the prior year, diluted EPS would likely have reached approximately $0.22.

Legacy Education's balance sheet remains robust, boasting $20.6 million in cash and equivalents, $40.9 million in current assets, and a minimal debt level around $0.7 million. These financial metrics illuminate a solid foundation for ongoing growth and investment in innovative educational programs.

Enrollment Growth and Key Achievements

The surge in revenue was primarily driven by a remarkable 31.6% uptick in new student enrollments, resulting in a total student body of 3,495, which is a staggering 37.7% increase compared to the same quarter from the previous year. This rise in enrollment reflects Legacy Education's commitment to expanding access to its diverse education offerings, catering specially to the healthcare sector, where there is a growing demand for skilled professionals.

In terms of program expansion, Legacy Education achieved several noteworthy milestones, including the approval of new programs in various healthcare domains at institutions like Central Coast College and High Desert Medical College. These new offerings are set to enhance the educational capacity and training of healthcare students across multiple disciplines, further solidifying Legacy's reputation as an industry leader.

Strategic Positioning and Future Outlook

LeeAnn Rohmann, CEO of Legacy Education, shared her optimism regarding the company’s trajectory in her statement: “We are pleased to report a strong start to fiscal 2026, building on the transformative momentum from 2025, a year marked by record enrollment and robust financial performance.” She emphasized that the Q1 results highlight the effectiveness of their growth strategies, which aims to reinforce their competitive edge in the education sector. The focus remains on delivering enhanced value to students while exploring new opportunities for growth.

Legacy Education is poised to navigate the challenges of the upcoming quarters effectively. The company is strategically investing in new educational programs while expanding their operational capabilities. As they address previous quarter concerns, such as increasing their accounts receivable reserves and ensuring efficient financial management, Legacy Education demonstrates a commitment to sustaining their upward growth trajectory.

Conclusion

With a strong operational foundation and a commitment to enhancing student access and educational quality, Legacy Education Inc. stands well-positioned for continued success in 2026 and beyond. As the demand for healthcare education remains robust, the company’s innovative programs and strong financial health serve as catalysts for future growth within this essential sector. Investors and stakeholders can anticipate positive developments as Legacy Education further solidifies its standing in the education industry and continues to serve the needs of its students effectively.