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Legacy Education Inc

ir.legacyed.com

What Do They Do?

Provides career-focused postsecondary education and healthcare training programs to students, including recent high school graduates and working adults.

How Do They Make Money?

Students generally pay tuition and fees upfront, before instruction begins, though some can pay in installments. The company earns tuition over the instruction period, lab fees while services are performed, and course-material fees when materials are delivered.

FY2026 revenue

Who Are Their Customers?

Students seeking career training, from recent high school graduates to working parents, enroll in programs at the colleges. Students generally pay directly, with tuition often funded through federal and state financial aid programs.

Do Revenues Turn Into Profits?

Yes. It kept 11 cents of every revenue dollar as net income in FY2026 and turned 3 cents into free cash flow.

Operating income, FY2026
15% of revenue
▲ +18% vs FY2025 ($10M, 16%)
Net income, FY2026
11% of revenue
▲ +21% vs FY2025 ($7.5M, 12%)
Free cash flow, FY2026
3% of revenue
▼ −61% vs FY2025 ($6.9M, 11%)

Who Do They Compete With?

Competes with San Joaquin Valley College, Career Care Institute, UEI College, Bakersfield College, American Career College, and Pima Medical Institute

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