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
DateValue
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%