Legacy Education (LGCY) Gross Margin (2023 - 2025)
Quarterly results put Gross Margin at 46.35% for Q4 2025, up 121.0% from a year ago — trailing twelve months through Dec 2025 was 46.51% (up 299.0% YoY), and the annual figure for FY2025 was 46.63%, up 391.0%.
Legacy Education has reported Gross Margin over the past 3 years, most recently at 46.35% for Q4 2025.
- Gross Margin reached 46.35% in Q4 2025 per LGCY's latest filing, down from 46.8% in the prior quarter.
- Across five years, Gross Margin topped out at 48.56% in Q3 2024 and bottomed at 32.96% in Q2 2024.
- Median Gross Margin over the past 3 years was 46.58% (2025), compared with a mean of 45.2%.
- The largest annual shift saw Gross Margin plummeted -248bps in 2024 before it soared 1441bps in 2025.
- Over 3 years, Gross Margin stood at 47.62% in 2023, then fell by -5bps to 45.15% in 2024, then rose by 3bps to 46.35% in 2025.
- Business Quant data shows Gross Margin for LGCY at 46.35% in Q4 2025, 46.8% in Q3 2025, and 47.38% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 72.43% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 68.04% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -6.01% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 79.28% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 36.76% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 78.77% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 46.96% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 83.40% |
| 10 | Legacy Education | 141.33 Mn | 130.78 Mn | 8.89 Mn | 46.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 46.35% |
| Sep 30, 2025 | 46.80% |
| Jun 30, 2025 | 47.38% |
| Mar 31, 2025 | 45.54% |
| Dec 31, 2024 | 45.15% |
| Sep 30, 2024 | 48.56% |
| Jun 30, 2024 | 32.96% |
| Mar 31, 2024 | 46.92% |
| Dec 31, 2023 | 47.62% |
| Sep 30, 2023 | 44.71% |