Legacy Education (LGCY) Operating Expenses (2023 - 2025)
Quarterly results put Operating Expenses at $16.6 million for Q4 2025, up 38.83% from a year ago — trailing twelve months through Dec 2025 was $64.2 million (up 42.06% YoY), and the annual figure for FY2025 was $54.2 million, up 36.19%.
Legacy Education has reported Operating Expenses over the past 3 years, most recently at $16.6 million for Q4 2025.
- Operating Expenses reached $16.6 million in Q4 2025 per LGCY's latest filing, roughly flat from $16.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $16.7 million in Q3 2025 and bottomed at $8.9 million in Q4 2023.
- Median Operating Expenses over the past 3 years was $11.9 million (2024), compared with a mean of $12.7 million.
- The largest annual shift saw Operating Expenses grew 26.11% in 2024 before it surged 49.65% in 2025.
- Over 3 years, Operating Expenses stood at $8.9 million in 2023, then skyrocketed by 34.38% to $12.0 million in 2024, then soared by 38.83% to $16.6 million in 2025.
- Business Quant data shows Operating Expenses for LGCY at $16.6 million in Q4 2025, $16.7 million in Q3 2025, and $16.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 1.18 Bn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 11.13 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 213.30 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 158.62 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 221.06 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 154.77 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 137.55 Mn |
| 10 | Legacy Education | 141.33 Mn | 130.78 Mn | 8.89 Mn | 16.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 16.63 Mn |
| Sep 30, 2025 | 16.70 Mn |
| Jun 30, 2025 | 15.96 Mn |
| Mar 31, 2025 | 14.91 Mn |
| Dec 31, 2024 | 11.98 Mn |
| Sep 30, 2024 | 11.33 Mn |
| Jun 30, 2024 | 11.92 Mn |
| Mar 31, 2024 | 9.96 Mn |
| Dec 31, 2023 | 8.91 Mn |
| Sep 30, 2023 | 8.99 Mn |