Lincoln Educational Services Corporation (LINC)

NASDAQ: LINC · Real-Time Price · USD

29.80

-0.58 (-1.91%)

At close: Aug 12, 2026, 4:00 PM EDT

29.87

+0.07 (0.23%)

After-hours: Aug 12, 2026, 7:53 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	Jun '26 Jun 30, 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	570.78	518.24	440.06	378.07	348.29	335.34
Revenue Growth	22.02%	17.77%	16.40%	8.55%	3.86%	14.41%
Cost of Revenue	229.21	205.39	181.76	162.28	148.75	138.93
Gross Profit	341.57	312.85	258.31	215.8	199.54	196.41
Selling, General & Admin	307.78	282.95	243.8	209.14	182.39	168.92
Other Operating Expenses	-0.04	1.33	0.68	35.14	1.23	23.18
Total Operating Expenses	307.74	284.28	244.48	244.27	183.62	192.1
Operating Income	33.74	30.31	15.18	33.36	16.28	49.26
Interest Income	0.04	0.13	2.1	2.63	0.32	-
Interest Expense	-3.78	-3.39	-2.57	-0.35	-0.16	-2.02
Total Non-Operating Income (Expense)	-3.74	-3.27	-0.47	2.28	0.16	-2.02
Pretax Income	29.08	26.12	14.71	35.64	16.44	47.25
Provision for Income Taxes	6.28	6.12	4.82	9.64	3.8	12.53
Net Income	3.8	20	9.89	26	12.63	34.72
Net Income Attributable to Preferred Dividends	-	-	-	-	1.11	1.22
Net Income to Common	3.8	20	9.89	26	11.52	33.5
Net Income Growth	-3.90%	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	0.74%	1.20%	1.15%	-4.58%	-0.63%	1.71%
EPS (Basic)	0.73	0.65	0.32	0.86	0.36	1.04
EPS (Diluted)	0.72	0.64	0.32	0.85	0.36	1.04
EPS Growth	56.52%	100.00%	-62.35%	136.11%	-65.39%	-30.20%
Free Cash Flow	24.53	-27.32	-27.56	-15.14	-8.1	19.92
Free Cash Flow Growth	-	-	-	-	-	11.23%
Free Cash Flow Per Share	0.78	-0.87	-0.89	-0.50	-0.25	0.62
Gross Margin	59.84%	60.37%	58.70%	57.08%	57.29%	58.57%
Operating Margin	5.91%	5.85%	3.45%	8.82%	4.67%	14.69%
Profit Margin	0.67%	3.86%	2.25%	6.88%	3.63%	10.35%
FCF Margin	4.30%	-5.27%	-6.26%	-4.00%	-2.33%	5.94%
EBITDA	59.85	49.47	26.51	39.95	22.64	56.4
EBITDA Margin	10.49%	9.55%	6.02%	10.57%	6.50%	16.82%
EBIT	33.74	30.31	15.18	33.36	16.28	49.26
EBIT Margin	5.91%	5.85%	3.45%	8.82%	4.67%	14.69%
Effective Tax Rate	21.58%	23.43%	32.76%	27.05%	23.13%	26.52%

SEC Filings: 10-K · 10-Q