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Side-by-side financial comparison of Legacy Education Inc. (LGCY) and NexPoint Real Estate Finance, Inc. (NREF). Click either name above to swap in a different company.

Legacy Education Inc. is the larger business by last-quarter revenue ($19.2M vs $11.1M, roughly 1.7× NexPoint Real Estate Finance, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs 10.6%, a 206.0% gap on every dollar of revenue. On growth, Legacy Education Inc. posted the faster year-over-year revenue change (40.7% vs -48.8%).

Legacy Education Inc. is a professional educational service provider focused on financial literacy, real estate investment, entrepreneurship, and personal wealth management training programs. It mainly serves individual learners across North America, Europe and select Asia-Pacific markets, offering both in-person workshops and online digital courses to help users build practical financial and business skills.

NexPoint Real Estate Finance, Inc. is a US-based commercial real estate finance firm that offers structured financing solutions for multifamily, office, industrial, and hospitality properties. It focuses on originating, managing and servicing a diversified portfolio of mortgage loans and real estate-related investments to deliver stable risk-adjusted returns to stakeholders.

LGCY vs NREF — Head-to-Head

Bigger by revenue
LGCY
LGCY
1.7× larger
LGCY
$19.2M
$11.1M
NREF
Growing faster (revenue YoY)
LGCY
LGCY
+89.5% gap
LGCY
40.7%
-48.8%
NREF
Higher net margin
NREF
NREF
206.0% more per $
NREF
216.6%
10.6%
LGCY

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
LGCY
LGCY
NREF
NREF
Revenue
$19.2M
$11.1M
Net Profit
$2.0M
$24.0M
Gross Margin
Operating Margin
13.3%
Net Margin
10.6%
216.6%
Revenue YoY
40.7%
-48.8%
Net Profit YoY
46.0%
58.7%
EPS (diluted)
$0.15
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LGCY
LGCY
NREF
NREF
Q4 25
$19.2M
$11.1M
Q3 25
$19.4M
$12.5M
Q2 25
$18.0M
$12.1M
Q1 25
$18.6M
$11.5M
Q4 24
$13.6M
$21.7M
Q3 24
$14.0M
$12.5M
Q2 24
$6.7M
Q1 24
$-12.8M
Net Profit
LGCY
LGCY
NREF
NREF
Q4 25
$2.0M
$24.0M
Q3 25
$2.2M
$50.9M
Q2 25
$1.2M
$22.3M
Q1 25
$2.8M
$26.0M
Q4 24
$1.4M
$15.2M
Q3 24
$2.1M
$23.3M
Q2 24
$12.1M
Q1 24
$-14.6M
Operating Margin
LGCY
LGCY
NREF
NREF
Q4 25
13.3%
Q3 25
13.9%
Q2 25
11.1%
Q1 25
19.7%
Q4 24
12.2%
Q3 24
19.1%
Q2 24
Q1 24
Net Margin
LGCY
LGCY
NREF
NREF
Q4 25
10.6%
216.6%
Q3 25
11.3%
407.0%
Q2 25
6.8%
184.5%
Q1 25
15.2%
225.6%
Q4 24
10.3%
69.9%
Q3 24
14.9%
186.4%
Q2 24
179.7%
Q1 24
114.3%
EPS (diluted)
LGCY
LGCY
NREF
NREF
Q4 25
$0.15
$0.47
Q3 25
$0.16
$1.14
Q2 25
$0.07
$0.54
Q1 25
$0.21
$0.70
Q4 24
$0.10
$0.71
Q3 24
$0.21
$0.74
Q2 24
$0.40
Q1 24
$-0.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LGCY
LGCY
NREF
NREF
Cash + ST InvestmentsLiquidity on hand
$21.1M
$31.1M
Total DebtLower is stronger
$660.3K
$771.2M
Stockholders' EquityBook value
$46.1M
$388.0M
Total Assets
$73.1M
$5.3B
Debt / EquityLower = less leverage
0.01×
1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LGCY
LGCY
NREF
NREF
Q4 25
$21.1M
$31.1M
Q3 25
$20.6M
$17.9M
Q2 25
$20.3M
$9.1M
Q1 25
$17.3M
$19.2M
Q4 24
$16.9M
$3.9M
Q3 24
$21.5M
$34.7M
Q2 24
$4.3M
Q1 24
$13.5M
Total Debt
LGCY
LGCY
NREF
NREF
Q4 25
$660.3K
$771.2M
Q3 25
$776.9K
$720.9M
Q2 25
$1.4M
$815.6M
Q1 25
$1.0M
$831.5M
Q4 24
$1.1M
$799.3M
Q3 24
$758.2K
$815.5M
Q2 24
$861.0M
Q1 24
$843.3M
Stockholders' Equity
LGCY
LGCY
NREF
NREF
Q4 25
$46.1M
$388.0M
Q3 25
$43.7M
$375.4M
Q2 25
$41.0M
$348.2M
Q1 25
$39.3M
$343.7M
Q4 24
$36.4M
$336.5M
Q3 24
$32.6M
$335.8M
Q2 24
$327.5M
Q1 24
$327.1M
Total Assets
LGCY
LGCY
NREF
NREF
Q4 25
$73.1M
$5.3B
Q3 25
$72.1M
$5.3B
Q2 25
$69.2M
$5.4B
Q1 25
$67.1M
$5.4B
Q4 24
$62.1M
$5.4B
Q3 24
$50.6M
$5.7B
Q2 24
$6.6B
Q1 24
$7.1B
Debt / Equity
LGCY
LGCY
NREF
NREF
Q4 25
0.01×
1.99×
Q3 25
0.02×
1.92×
Q2 25
0.03×
2.34×
Q1 25
0.03×
2.42×
Q4 24
0.03×
2.38×
Q3 24
0.02×
2.43×
Q2 24
2.63×
Q1 24
2.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LGCY
LGCY
NREF
NREF
Operating Cash FlowLast quarter
$1.1M
$-4.5M
Free Cash FlowOCF − Capex
$512.7K
FCF MarginFCF / Revenue
2.7%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
0.52×
-0.19×
TTM Free Cash FlowTrailing 4 quarters
$4.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LGCY
LGCY
NREF
NREF
Q4 25
$1.1M
$-4.5M
Q3 25
$1.1M
$8.1M
Q2 25
$3.0M
$3.3M
Q1 25
$918.7K
$16.0M
Q4 24
$659.0K
$4.4M
Q3 24
$3.2M
$14.7M
Q2 24
$-7.5M
Q1 24
$17.7M
Free Cash Flow
LGCY
LGCY
NREF
NREF
Q4 25
$512.7K
Q3 25
$809.7K
Q2 25
$2.9M
Q1 25
$596.6K
Q4 24
$466.8K
Q3 24
$2.9M
Q2 24
Q1 24
FCF Margin
LGCY
LGCY
NREF
NREF
Q4 25
2.7%
Q3 25
4.2%
Q2 25
16.2%
Q1 25
3.2%
Q4 24
3.4%
Q3 24
21.1%
Q2 24
Q1 24
Capex Intensity
LGCY
LGCY
NREF
NREF
Q4 25
2.8%
Q3 25
1.3%
Q2 25
0.5%
Q1 25
1.7%
Q4 24
1.4%
Q3 24
1.7%
Q2 24
Q1 24
Cash Conversion
LGCY
LGCY
NREF
NREF
Q4 25
0.52×
-0.19×
Q3 25
0.48×
0.16×
Q2 25
2.45×
0.15×
Q1 25
0.33×
0.62×
Q4 24
0.47×
0.29×
Q3 24
1.52×
0.63×
Q2 24
-0.62×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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