Legacy Education (LGCY) Operating Expenses (2023 - 2025)
Legacy Education (LGCY) posted Operating Expenses of $16.6 million for Q4 2025, little changed sequentially from $16.7 million in Q3 2025, and up 38.83% YoY from $12.0 million in Q4 2024.
Analysis
Legacy Education (LGCY) Operating Expenses (2023 - 2025) Analysis & Trends
Legacy Education has reported Operating Expenses for 3 years, with the latest figure at $16.6 million in Q4 2025.
- Quarterly Operating Expenses rose 38.83% year-over-year to $16.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $64.2 million (up 42.06% YoY) and the FY2025 annual result came in at $54.2 million, up 36.19% from the prior year.
- Operating Expenses steadied at $16.6 million in Q4 2025 per LGCY's latest filing, from $16.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $16.7 million in Q3 2025 and troughed at $8.9 million in Q4 2023.
- A 3-year average of $12.7 million and a median of $11.9 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses climbed 26.11% in 2024, then jumped 49.65% in 2025.
- Over 3 years, Operating Expenses stood at $8.9 million in 2023, then soared by 34.38% to $12.0 million in 2024, then surged by 38.83% to $16.6 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $16.6 million, $16.7 million, and $16.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 93.94 Bn | 91.20 Bn | 812.22 Mn | 1.44 Bn |
| 2 | Laureate Education | 5.10 Bn | 4.94 Bn | 237.67 Mn | 14.24 Mn |
| 3 | Graham Holdings | 4.76 Bn | 3.52 Bn | 777.03 Mn | 1.22 Bn |
| 4 | Covista | 4.48 Bn | 4.07 Bn | 284.63 Mn | 405.94 Mn |
| 5 | Grand Canyon Education | 3.95 Bn | 3.68 Bn | 204.08 Mn | 205.89 Mn |
| 6 | Stride | 3.65 Bn | 2.69 Bn | 217.28 Mn | 111.43 Mn |
| 7 | McGraw Hill | 2.53 Bn | 2.33 Bn | 439.20 Mn | 324.92 Mn |
| 8 | Perdoceo Education | 2.06 Bn | 752.57 Mn | 162.46 Mn | 158.47 Mn |
| 9 | TAL Education | 1.93 Bn | -754.87 Mn | 227.32 Mn | 243.19 Mn |
| 10 | Legacy Education | 136.46 Mn | 115.40 Mn | 8.89 Mn | 16.63 Mn |
Historic Data
Download Data
Historic 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 |