Legacy Education
Operates California career colleges training nurses and allied-health professionals.
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Profile
Delivers career-focused postsecondary education through California colleges, earning tuition and lab fees over instructional periods and recognizing books and other materials when delivered. Relies on enrollment, accredited programs, and access to federal student aid.
Operates High Desert Medical College, Central Coast College, Integrity College of Health, and Contra Costa Medical Career College, a California network of accredited career schools. Programs focus on nursing, medical imaging, dental, veterinary, and other allied-health credentials, combining practical campus instruction with approved hybrid or online components.
Earns most revenue from tuition and lab fees recognized across instruction periods, while books, registration, and other fees are recognized at a point in time. Locates campuses near hospitals and clinics to facilitate externships and employment access, supported by centralized infrastructure across the schools.
Depends on student enrollment, federal student-aid eligibility, institutional and program accreditation, California authorization, professional licensing, credentialed faculty, clinical capacity, and student outcomes. Digital marketing supplies most new leads, while referrals supplement the enrollment funnel.
Company facts
Key statistics
Year to date +7.6% · Average volume (30d) 45.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Target |
|---|---|---|---|
| May 15, 2026 | Northland Securities | Target | $14.50 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| May 14, 2026Q3 FY26 | $0.16 | $0.22 | +37.5% | $20.5M | $21.4M | +4.2% | −4.64% |
| Feb 12, 2026Q2 FY26 | $0.13 | $0.15 | +15.4% | $17.6M | $19.2M | +9.2% | +15.04% |
| Nov 13, 2025Q1 FY26 | $0.15 | $0.16 | +6.7% | $17.7M | $19.4M | +9.4% | +12.22% |
| Sep 25, 2025Q4 FY25 | $0.13 | $0.09 | −30.8% | $16.8M | $18.0M | +6.9% | −18.91% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $13.6M | $18.6M | $18.0M | $19.4M | $19.2M | $21.4M | |
| Gross profit | $6.2M | $8.5M | $8.5M | $9.1M | $8.9M | $10.3M | |
| Operating income | $1.7M | $3.7M | $2.0M | $2.7M | $2.6M | $3.9M | |
| Net income | $1.4M | $2.8M | $1.2M | $2.2M | $2.0M | $3.0M | |
| Diluted EPS | $0.10 | $0.21 | $0.09 | $0.16 | $0.15 | $0.22 | |
| Gross margin | 45.1% | 45.5% | 47.4% | 46.8% | 46.4% | 48.3% | |
| Operating margin | 12.2% | 19.7% | 11.1% | 13.9% | 13.3% | 18.5% |
Fiscal years (4-quarter sums)FY24 $46.0M · FY25 $64.2M
Balance sheet, Mar 31, 2026Cash & short-term investments $21.7M · Total debt $15.5M · Total assets $75.5M · Shareholders' equity $49.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 12.65M · Float 9.97M · 78.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| deRose | 1.23M | 10.30% | 13G | Oct 4, 2024 |
| LeeAnn Rohmann · director, officer: Chief Executive Officer | 878.1K | 6.94% | Form 4 | Aug 11, 2026 |
| Holos Integrated Wealth LLC | 852.6K | 6.74% | 13F | Apr 8, 2026 |
| Royce & Associates LP | 830.5K | 6.56% | 13F | May 12, 2026 |
| Kennedy Capital Management LLC | 614.6K | 4.86% | 13F | May 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 10, 2026 | LeeAnn Rohmann | director, officer: Chief Executive Officer | −5,000 | $11.30 |
Peers
- Universal Technical Institute
Scaled direct rival in healthcare career training through Concorde.
- American Public Education
Large pre-licensure nursing and allied-health educator.
- Lincoln Educational Services
Vocational rival in practical nursing and entry-level allied health.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Legacy Education | $11.15 | +0.09% | $141.2M | 18.0 | 15.6 | 1.8 | +15.0% |
| Universal Technical Institute | $21.31 | −0.07% | $1.17B | 34.5 | 31.0 | 1.3 | +7.2% |
| American Public Education | $46.01 | −0.07% | $844.0M | 18.9 | 17.7 | 1.3 | +5.5% |
| Lincoln Educational Services | $25.93 | +1.91% | $806.7M | 34.4 | 27.0 | 1.4 | +22.4% |
| Median | 34.4 | 27.0 | 1.3 | +7.2% |






