Legacy Education (LGCY) Gross Margin (2023 - 2025)
Legacy Education's (LGCY) quarterly Gross Margin came in at 46.35% in Q4 2025, up 121.0% year-on-year from 20.97% in Q4 2024, and down 0.95% quarter-over-quarter from 46.8% in Q3 2025.
Legacy Education (LGCY) Gross Margin (2023 - 2025) Analysis & Trends
Legacy Education has disclosed Gross Margin across 3 years of filings, most recently posting 46.35% for Q4 2025.
- Gross Margin for Q4 2025 came in at 46.35%, up 121.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 46.51% (up 299.0% YoY), and the FY2025 annual result was 46.63%, up 391.0% from the prior year.
- Gross Margin came in at 46.35% for Q4 2025 at Legacy Education, down from 46.8% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 48.56% in Q3 2024 to a low of 32.96% in Q2 2024.
- The 3-year median for Gross Margin is 46.58% (2025), against an average of 45.2%.
- Across the five-year window, Gross Margin tumbled 248 bps in 2024 and soared 1441 bps in 2025, its largest moves.
- Legacy Education's Gross Margin stood at 47.62% in 2023, then fell by 5 bps to 45.15% in 2024, then rose by 3 bps to 46.35% in 2025.
- The last three Gross Margin figures came in at 46.35% (Q4 2025), 46.8% (Q3 2025), and 47.38% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 72.43% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | -6.01% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 68.04% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 56.73% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 36.76% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 79.28% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 83.86% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 46.96% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 78.77% |
| 10 | Legacy Education | 140.20 Mn | 129.65 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% |