LGCY reports record Q3 earnings with net income at $3 million and plans to expand student capacity by 1,200-1,500 over two years.
Legacy Education reported a 15% year-over-year revenue increase to $21.4 million in Q3 fiscal 2026, driven by campus expansions and higher enrollment. Adjusted EBITDA reached $4.4 million, while net income climbed to $3 million, marking a record quarter for the company.
The company outlined plans to add 1,200 to 1,500 additional students over the next 12 to 24 months through further campus expansions. Prior quarters showed steady growth, with revenue and profitability improving consistently amid operational scaling.
Management attributed the results to strong demand and effective execution, though no immediate market reaction was disclosed in the earnings call summary.