Lincoln Educational Services Corporation

Consumer Defensive · Education & Training Services

23.90$ -0.9% vs. previous close Closing price · As of: Sep 24, 2026

Statements

Income Statement

Lincoln Educational Services Corporation (LINC) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 143 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

Tick rows to compare them in a chart (up to 4)

Income Statement LINC
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	50	50	65	62	67	67	62	61	70	70	63	64	73	74	70	62	79	82	78	80	89	88	83	82	92	92	87	89	100	103	103	103	114	119	118	116	141	143	144	143	571
Cost of Revenue	24	23	33	32	34	30	31	30	33	31	30	30	33	31	30	26	34	31	32	34	38	35	36	36	40	37	38	40	43	41	43	46	48	45	47	47	57	54	58	60	229
Gross Profit	25	28	33	29	33	37	31	31	37	39	33	34	39	43	40	36	45	50	46	47	51	53	46	46	52	55	49	49	56	61	60	57	66	74	70	70	84	89	86	83	342
Research & Development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	24	4.5	38	36	35	2.4	38	34	36	3.8	38	36	37	3.9	41	35	41	8.0	156	43	45	35	47	46	47	7.9	50	52	54	14	60	58	63	19	67	67	78	71	79	31	259
Total Operating Expenses	24	23	38	36	35	29	38	34	36	33	38	36	37	34	41	35	41	39	40	43	45	19	47	46	47	44	50	25	54	53	61	58	61	63	67	67	78	71	79	80	308
Operating Income	1.0	-0.1	-5.7	-6.0	-0.7	7.8	-6.3	-3.5	0.1	5.8	-4.9	-2.1	2.1	10	-1.3	1.2	3.8	11	6.0	3.5	5.7	34	-0.3	0.4	4.9	11	-1.1	24	2.0	9.0	-0.5	-1.1	5.8	11	3.2	2.6	6.3	18	6.4	3.3	34
Interest Expense	1.5	1.4	5.2	0.7	0.7	0.5	0.6	0.5	0.6	0.7	0.6	0.8	0.8	0.8	0.4	0.3	0.3	0.3	0.3	0.3	0.3	1.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.3	0.6	0.7	0.7	0.7	0.7	0.8	1.0	0.9	0.8	1.1	3.8
Pre-Tax Income	1.3	0.1	-11	-6.7	-1.4	7.3	-6.8	-4.1	-0.6	5.1	-5.4	-2.9	1.4	9.2	-1.7	0.8	3.6	81	5.7	3.2	5.5	33	-0.4	0.4	4.8	12	-0.7	24	2.9	9.4	-0.3	-1.1	5.6	11	2.8	2.1	5.3	16	5.6	2.3	29
Income Tax Expense	0.1	0.1	0.1	0.1	0.1	-0.4	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.1	35	1.2	0.7	1.6	8.9	-0.6	0.1	1.3	3.0	-0.6	6.8	0.8	2.6	-0.1	-0.5	1.7	3.7	0.9	0.5	1.5	3.2	1.2	0.3	6.3
Net Income	-0.5	-19	-11	-6.8	-1.5	7.7	-6.9	-4.1	-0.6	5.0	-5.5	-3.1	1.3	9.2	-1.8	0.8	3.5	46	4.5	2.4	3.8	24	0.3	0.3	3.5	8.6	-0.1	17	2.1	6.8	-0.2	-0.7	4.0	6.8	1.9	1.6	3.8	13	4.4	1.9	23
EBITDA	1.8	5.7	-3.5	-3.9	1.4	10	-4.2	-1.4	2.6	7.9	-2.8	-0.2	3.9	12	0.5	2.9	5.6	13	7.8	5.2	7.6	-14	1.2	1.7	6.5	14	0.6	26	3.7	12	3.2	2.8	9.5	14	7.3	7.6	12	24	14	11	61

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: September 24, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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