Lincoln Educational Services Corporation (LINC)

NASDAQ: LINC · Real-Time Price · USD

52.33

-0.28 (-0.53%)

At close: Jul 2, 2026, 4:00 PM EDT

53.30

+0.97 (1.85%)

After-hours: Jul 2, 2026, 7:56 PM EDT

LINC Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	544.69	518.24	440.06	378.07	348.29	335.34
Revenue Growth (YoY)	19.92%	17.77%	16.40%	8.55%	3.86%	14.41%
Cost of Revenue	216.37	205.39	181.76	162.28	148.75	138.93
Gross Profit	328.32	312.85	258.31	215.8	199.54	196.41
Selling, General & Admin	295.2	282.95	243.8	209.14	182.39	168.92
Other Operating Expenses	0.18	1.33	0.68	35.14	1.23	23.18
Total Operating Expenses	295.38	284.28	244.48	244.27	183.62	192.1
Operating Income	33.31	30.31	15.18	33.36	16.28	49.26
Interest Income	0.04	0.13	2.1	2.63	0.32	-
Interest Expense	-3.53	-3.39	-2.57	-0.35	-0.16	-2.02
Total Non-Operating Income (Expense)	-3.49	-3.27	-0.47	2.28	0.16	-2.02
Pretax Income	2.08	26.12	14.71	35.64	16.44	47.25
Provision for Income Taxes	0.52	6.12	4.82	9.64	3.8	12.53
Net Income	5.35	20	9.89	26	12.63	34.72
Net Income Attributable to Preferred Dividends	-	-	-	-	1.11	1.22
Net Income to Common	5.35	20	9.89	26	11.52	33.5
Net Income Growth	63.65%	102.18%	-61.95%	125.61%	-65.60%	-29.01%
Shares Outstanding (Basic)	31	31	31	30	32	32
Shares Outstanding (Diluted)	31	31	31	31	32	32
Shares Change (YoY)	1.12%	1.20%	1.15%	-4.58%	-0.63%	1.71%
EPS (Basic)	0.72	0.65	0.32	0.86	0.36	1.04
EPS (Diluted)	0.71	0.64	0.32	0.85	0.36	1.04
EPS Growth	82.05%	100.00%	-62.35%	136.11%	-65.39%	-30.20%
Free Cash Flow	-9.12	-27.32	-27.56	-15.14	-8.1	19.92
Free Cash Flow Growth	-	-	-	-	-	11.23%
Free Cash Flow Per Share	-0.29	-0.87	-0.89	-0.50	-0.25	0.62
Gross Margin	60.28%	60.37%	58.70%	57.08%	57.29%	58.57%
Operating Margin	6.11%	5.85%	3.45%	8.82%	4.67%	14.69%
Profit Margin	0.98%	3.86%	2.25%	6.88%	3.63%	10.35%
FCF Margin	-1.67%	-5.27%	-6.26%	-4.00%	-2.33%	5.94%
EBITDA	56.34	49.47	26.51	39.95	22.64	56.4
EBITDA Margin	10.34%	9.55%	6.02%	10.57%	6.50%	16.82%
EBIT	33.31	30.31	15.18	33.36	16.28	49.26
EBIT Margin	6.11%	5.85%	3.45%	8.82%	4.67%	14.69%
Effective Tax Rate	25.14%	23.43%	32.76%	27.05%	23.13%	26.52%

SEC Filings: 10-K · 10-Q