Legacy Education Inc. (LGCY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q4'22 | Q4'19 | Q3'19 | Q2'19 | Q1'19 | Q4'18 | Q3'18 | Q2'18 | Q1'18 | Q4'17 |
|---|
| Sales/Revenue | 21.37M | 19.18M | 19.4M | 17.95M | 18.58M | 13.64M | 14.01M | 12.75M | 12.33M | 10.55M | 9.51M | 30.16M | 97.5M | 117.78M | 118.5M | 132.89M | 145.21M | 139.28M | 137.48M | 137.09M |
| Revenue Growth % | - | - | - | - | 50.67% | 29.23% | - | 34.1% | - | - | - | -77.3% | -32.85% | -15.44% | -13.81% | -3.06% | 35.94% | 50.01% | 38.1% | 49.68% |
| Cost of Goods Sold | 11.2M | 10.29M | 10.45M | 9.57M | 10.12M | 7.48M | 7.2M | 8.55M | 6.54M | 5.53M | 5.6M | 0 | 85.26M | 87.95M | 90.03M | 97.31M | 90.89M | 87.57M | 84.51M | 81.86M |
| COGS % of Revenue | 52.41% | 53.65% | 53.84% | 53.32% | 54.46% | 54.85% | 51.44% | 67.04% | 53.08% | 52.38% | 58.89% | - | 87.45% | 74.67% | 75.97% | 73.22% | 62.59% | 62.87% | 61.47% | 59.71% |
| Gross Profit | 10.17M | 8.89M | 8.96M | 8.38M | 8.46M | 6.16M | 6.8M | 4.13M | 5.79M | 5.02M | 3.91M | 30.16M | 12.24M | 29.83M | 28.47M | 35.59M | 54.31M | 51.71M | 52.97M | 55.23M |
| Gross Margin % | 47.59% | 46.35% | 46.16% | 46.68% | 45.54% | 45.15% | 48.56% | 32.37% | 46.92% | 47.62% | 41.11% | 100% | 12.55% | 25.33% | 24.03% | 26.78% | 37.41% | 37.13% | 38.53% | 40.29% |
| Gross Profit Growth % | - | - | - | - | 46.24% | 22.51% | - | 5.59% | - | - | - | -15.24% | -77.47% | -42.31% | -46.25% | -35.57% | 75.09% | 154.03% | 171.14% | 439.17% |
| Operating Expenses | 6.23M | 6.34M | 6.26M | 6.39M | 4.79M | 4.35M | 3.97M | 3.37M | 3.42M | 3.39M | 2.82M | 1.47M | 18.91M | 44.15M | 22.68M | 15.5M | 25.5M | 30.15M | 31.42M | 26.26M |
| OpEx % of Revenue | 29.14% | 33.03% | 32.25% | 35.59% | 25.81% | 31.9% | 28.32% | 26.44% | 27.74% | 32.1% | 29.71% | 4.87% | 19.39% | 37.49% | 19.14% | 11.66% | 17.56% | 21.65% | 22.85% | 19.16% |
| Selling, General & Admin | 6.16M | 6.16M | 6.26M | 6.39M | 4.66M | 4.35M | 3.97M | 3.3M | 3.35M | 3.32M | 2.77M | 1.47M | 13.49M | 37.77M | 16.53M | 8.68M | 17.78M | 22.5M | 24.09M | 20.22M |
| SG&A % of Revenue | 28.85% | 32.12% | 32.25% | 35.59% | 25.11% | 31.9% | 28.32% | 25.84% | 27.19% | 31.5% | 29.12% | 4.87% | 13.83% | 32.07% | 13.95% | 6.53% | 12.24% | 16.15% | 17.52% | 14.75% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 61.25K | 173.51K | 0 | 0 | 130.07K | 0 | 0 | 75.86K | 68.01K | 98.26K | 55.31K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 3.94M | 2.56M | 2.7M | 1.99M | 3.67M | 1.66M | 2.67M | 832.49K | 2.37M | 1.64M | 1.08M | 10.91M | -104.71M | -13.71M | -2.64M | 16.11M | 2.45M | -12.68M | 41.94M | 18.12M |
| Operating Margin % | 18.45% | 13.32% | 13.91% | 11.09% | 19.73% | 12.16% | 19.08% | 6.53% | 19.18% | 15.53% | 11.4% | 36.16% | -107.39% | -11.64% | -2.23% | 12.12% | 1.69% | -9.1% | 30.51% | 13.22% |
| Operating Income Growth % | - | - | - | - | 54.99% | 1.18% | - | -23.23% | - | - | - | -32.31% | -4366.83% | -8.14% | -106.29% | -11.08% | -15.15% | -141.97% | 1735.62% | 137% |
| EBITDA | 4.1M | 2.73M | 2.82M | 2.11M | 3.8M | 1.76M | 2.75M | 908.36K | 2.43M | 1.7M | 1.14M | -107.36M | -64.6M | 28.16M | 39.91M | 61.84M | 42.04M | 25.46M | 78.49M | 54.86M |
| EBITDA Margin % | 19.18% | 14.23% | 14.55% | 11.78% | 20.43% | 12.93% | 19.66% | 7.12% | 19.74% | 16.13% | 11.98% | -355.92% | -66.25% | 23.91% | 33.68% | 46.53% | 28.95% | 18.28% | 57.09% | 40.02% |
| EBITDA Growth % | - | - | - | - | 56% | 3.64% | - | -20.3% | - | - | - | -273.62% | -253.65% | 10.59% | -49.15% | 12.72% | 14.85% | 13.41% | 152.54% | 692.37% |
| D&A (Non-Cash Add-back) | 155.75K | 173.51K | 123.83K | 124.67K | 130.07K | 105.84K | 81.14K | 75.86K | 68.01K | 63.3K | 55.31K | -118.27M | 40.11M | 41.87M | 42.55M | 45.72M | 39.59M | 38.14M | 36.55M | 36.74M |
| EBIT | 3.94M | 2.88M | 3.02M | 2.28M | 3.97M | 1.95M | 2.93M | 1.19M | 2.57M | 1.82M | 1.27M | 4.66M | -121.08M | -9.84M | -41.26M | 109.53M | -15.97M | -21.99M | 92.24M | 73K |
| Net Interest Income | 312.65K | 322.2K | 274.88K | 258.71K | 279.04K | 267.2K | 231.55K | 344.95K | 165.55K | 45.05K | 173.49K | 0 | -15.14M | -52.92M | -37.11M | -31.66M | -29.37M | -28.59M | -27.36M | -24.82M |
| Interest Income | 320.71K | 330.39K | 318.84K | 287.43K | 305.38K | 295.52K | 260.9K | 359.81K | 205.31K | 80.31K | 190.44K | 0 | 17K | 14K | 6K | 5K | 16K | 3K | 12K | 20K |
| Interest Expense | 8.07K | 8.18K | 43.96K | 28.72K | 26.34K | 28.32K | 29.35K | 14.86K | 39.76K | 35.26K | 16.94K | 1.61M | 15.15M | 52.93M | 37.12M | 31.67M | 29.38M | 28.59M | 27.37M | 24.84M |
| Other Income/Expense | 304.64K | 318.31K | 274.88K | 258.71K | 279.04K | 267.2K | 231.55K | 344.95K | 165.55K | 143.31K | 173.49K | -7.85M | -31.52M | -49.06M | -75.74M | 61.75M | -47.81M | -37.9M | 22.93M | -42.89M |
| Pretax Income | 4.25M | 2.87M | 2.97M | 2.25M | 3.95M | 1.92M | 2.9M | 1.18M | 2.53M | 1.78M | 1.26M | 3.05M | -136.23M | -62.77M | -78.38M | 77.86M | -45.35M | -50.58M | 64.87M | -24.77M |
| Pretax Margin % | 19.88% | 14.98% | 15.33% | 12.53% | 21.24% | 14.12% | 20.73% | 9.23% | 20.53% | 16.89% | 13.23% | 10.12% | -139.72% | -53.29% | -66.14% | 58.59% | -31.23% | -36.31% | 47.18% | -18.06% |
| Income Tax | 1.22M | 831.75K | 786.57K | 1.02M | 1.13M | 525.95K | 813.07K | 216.1K | 736.9K | 491.79K | 463.12K | 3K | 1K | 0 | 0 | -148K | 2.5M | 130K | 487K | 561K |
| Effective Tax Rate % | 28.68% | 28.94% | 26.45% | 45.44% | 28.58% | 27.32% | 28% | 18.35% | 29.12% | 27.6% | 36.82% | 0.1% | -0% | 0% | 0% | -0.19% | -5.51% | -0.26% | 0.75% | -2.27% |
| Net Income | 3.03M | 2.04M | 2.19M | 1.23M | 2.82M | 1.4M | 14.01M | 961.34K | 1.79M | 1.29M | 794.76K | 3.05M | -136.23M | -62.77M | -78.38M | 78.01M | -47.85M | -50.71M | 64.38M | -25.33M |
| Net Margin % | 14.18% | 10.65% | 11.27% | 6.84% | 15.17% | 10.26% | 100% | 7.54% | 14.55% | 12.23% | 8.36% | 10.11% | -139.72% | -53.29% | -66.14% | 58.7% | -32.95% | -36.41% | 46.83% | -18.47% |
| Net Income Growth % | - | - | - | - | 57.05% | 8.46% | - | 20.96% | - | - | - | -96.09% | -184.69% | -23.78% | -221.74% | 408.03% | -41.3% | -357.79% | 293.24% | 75.78% |
| Net Income (Continuing) | 3.03M | 2.04M | 2.19M | 1.23M | 2.82M | 1.4M | 2.09M | 961.34K | 1.79M | 1.29M | 794.76K | 3.05M | -136.23M | -62.77M | -78.38M | 78.01M | -47.85M | -50.71M | 64.38M | -25.33M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.22 | 0.15 | 0.16 | 0.09 | 0.21 | 0.14 | 1.43 | 0.08 | 0.06 | 0.05 | 0.03 | 0.05 | -1.98 | -0.91 | -1.14 | 1.13 | -0.69 | -0.66 | 0.84 | -0.35 |
| EPS Growth % | - | - | - | - | 225.08% | 201.72% | - | 183.22% | - | - | - | -95.58% | -186.96% | -37.88% | -235.71% | 422.86% | -46.81% | -340% | 265.22% | 75.86% |
| EPS (Basic) | 0.24 | 0.16 | 0.18 | 0.10 | 0.23 | 0.11 | 1.50 | 0.08 | 0.07 | 0.05 | 0.03 | 0.05 | -1.98 | -0.91 | -1.14 | 1.13 | -0.69 | -0.66 | 0.84 | -0.35 |
| Diluted Shares Outstanding | 14.06M | 13.86M | 13.89M | 13.62M | 9.82M | 9.82M | 9.82M | 11.87M | 27.78M | 27.78M | 27.78M | 61.06M | 68.89M | 68.89M | 68.89M | 68.89M | 68.89M | 76.72M | 76.66M | 72.59M |
| Basic Shares Outstanding | 12.62M | 12.57M | 12.46M | 12.4M | 12.38M | 12.25M | 9.32M | 11.87M | 26.42M | 26.42M | 26.42M | 61.06M | 68.89M | 68.89M | 68.89M | 68.89M | 68.89M | 76.72M | 76.35M | 72.59M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |