Lincoln Educational Services Corporation (LINC) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Lincoln Educational Services Corporation (LINC) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

LINC Income Statement

Lincoln Educational Services Corporation (LINC) annual income statement — 24-year revenue, gross profit & net income history

Annual Quarterly

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Sales/Revenue	142.56M	143.96M	142.87M	141.39M	116.47M	117.51M	119.37M	114.41M	102.91M	103.37M	102.52M	99.62M	88.65M	87.28M	91.78M	91.81M	82.14M	82.55M	87.82M	89.06M
Revenue Growth %	22.4%	22.51%	19.69%	23.58%	13.18%	13.68%	16.44%	14.85%	16.1%	18.42%	11.71%	8.5%	7.92%	5.73%	4.51%	3.09%	2.09%	5.84%	7.36%	13.03%
Cost of Goods Sold	59.63M	58.39M	53.91M	57.28M	46.79M	47.41M	45.12M	48.05M	45.56M	43.02M	41.02M	43.13M	40.03M	38.09M	36.51M	39.93M	36.11M	36.2M	34.79M	38.1M
COGS % of Revenue	41.83%	40.56%	37.73%	40.51%	40.17%	40.35%	37.8%	42%	44.27%	41.62%	40.01%	43.29%	45.16%	43.64%	39.78%	43.49%	43.96%	43.85%	39.61%	42.79%
Gross Profit	82.93M	85.56M	88.97M	84.11M	69.68M	70.1M	74.25M	66.36M	57.35M	60.34M	61.5M	56.49M	48.62M	49.19M	55.27M	51.88M	46.04M	46.36M	53.03M	50.95M
Gross Margin %	58.17%	59.44%	62.27%	59.49%	59.83%	59.65%	62.2%	58%	55.73%	58.38%	59.99%	56.71%	54.84%	56.36%	60.22%	56.51%	56.04%	56.15%	60.39%	57.21%
Gross Profit Growth %	19.01%	22.07%	19.81%	26.75%	21.5%	16.16%	20.74%	17.47%	17.97%	22.67%	11.28%	8.88%	5.6%	6.11%	4.22%	1.82%	-1.57%	1.55%	5.36%	14.4%
Operating Expenses	79.62M	79.15M	71.17M	77.81M	67.06M	66.9M	63.32M	60.53M	58.47M	60.8M	52.54M	54.49M	25.1M	50.31M	43.94M	47M	45.64M	46.68M	18.98M	45.21M
OpEx % of Revenue	55.85%	54.98%	49.81%	55.03%	57.58%	56.94%	53.05%	52.91%	56.81%	58.82%	51.24%	54.7%	28.32%	57.64%	47.87%	51.19%	55.56%	56.55%	21.62%	50.76%
Selling, General & Admin	55.58M	79.15M	71.17M	77.81M	67.06M	66.9M	62.11M	63.34M	57.87M	60.49M	52.53M	54.48M	51.81M	50.31M	42.89M	46.98M	45.84M	46.68M	68.16M	45.21M
SG&A % of Revenue	38.98%	54.98%	49.81%	55.03%	57.58%	56.94%	52.03%	55.36%	56.23%	58.52%	51.24%	54.69%	58.45%	57.64%	46.73%	51.17%	55.8%	56.55%	77.62%	50.76%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	0	0	0	0	0	1000K	-1000K	604K	309K	5K	8K	-1000K	0	1000K	16K	-195K	0	-1000K	0
Operating Income	3.31M	6.41M	17.8M	6.29M	2.62M	3.19M	10.93M	5.82M	-1.12M	-458K	8.96M	2M	23.52M	-1.12M	11.33M	4.88M	396K	-326K	34.04M	5.75M
Operating Margin %	2.32%	4.45%	12.46%	4.45%	2.25%	2.72%	9.16%	5.09%	-1.08%	-0.44%	8.74%	2%	26.53%	-1.28%	12.34%	5.32%	0.48%	-0.39%	38.77%	6.45%
Operating Income Growth %	26.32%	100.85%	62.83%	8.12%	334.95%	797.16%	21.96%	191.68%	-104.75%	58.96%	-20.89%	-59.1%	5838.13%	-242.33%	-66.73%	-15.06%	-88.53%	-105.42%	205.99%	49.61%
EBITDA	11.1M	14.04M	24.69M	11.76M	7.33M	6.96M	13.95M	9.05M	2.2M	2.51M	10.9M	3.72M	25.19M	139K	13.07M	6.44M	1.93M	1.2M	35.56M	7.67M
EBITDA Margin %	7.79%	9.76%	17.28%	8.31%	6.29%	5.92%	11.69%	7.91%	2.14%	2.43%	10.63%	3.73%	28.42%	0.16%	14.24%	7.02%	2.34%	1.46%	40.5%	8.61%
EBITDA Growth %	51.43%	101.91%	77.01%	29.9%	232.62%	177.13%	27.98%	143.28%	-91.25%	1705.76%	-16.6%	-42.24%	1208.68%	-88.44%	-63.25%	-16.05%	-63.29%	-84.82%	173.99%	36.44%
D&A (Non-Cash Add-back)	7.79M	7.63M	6.9M	5.46M	4.71M	3.76M	3.02M	3.23M	3.32M	2.97M	1.94M	1.72M	1.68M	1.25M	1.74M	1.56M	1.53M	1.53M	1.52M	1.93M
EBIT	3.32M	6.44M	16.81M	6.29M	2.89M	3.53M	11.23M	6.29M	-478K	240K	9.7M	2M	24.06M	-649K	12.38M	4.88M	396K	-326K	-15.14M	5.64M
Net Interest Income	-1.05M	-807K	-889K	-991K	-802K	-587K	-373K	-195K	-29K	131K	464K	857K	519K	442K	271K	-36K	-35K	-43K	-1.34M	-292K
Interest Income	7K	30K	0	0	11K	114K	299K	464K	638K	698K	737K	878K	547K	467K	318K	0	0	0	0	0
Interest Expense	1.06M	837K	889K	991K	813K	701K	672K	659K	667K	567K	273K	21K	28K	25K	47K	36K	35K	43K	1.34M	292K
Other Income/Expense	-1.05M	-813K	-1.88M	-1M	-546K	-367K	-373K	-195K	-29K	131K	464K	857K	519K	442K	272K	-36K	-35K	-43K	-1.14M	-292K
Pretax Income	2.26M	5.6M	15.92M	5.29M	2.08M	2.83M	10.56M	5.63M	-1.15M	-327K	9.43M	2.85M	24.03M	-674K	11.6M	4.84M	361K	-369K	32.9M	5.45M
Pretax Margin %	1.59%	3.89%	11.14%	3.74%	1.78%	2.4%	8.84%	4.92%	-1.11%	-0.32%	9.19%	2.86%	27.11%	-0.77%	12.64%	5.28%	0.44%	-0.45%	37.47%	6.12%
Income Tax	315K	1.24M	3.22M	1.5M	522K	882K	3.72M	1.67M	-463K	-113K	2.63M	789K	6.78M	-565K	3.04M	1.3M	102K	-641K	8.94M	1.61M
Effective Tax Rate %	13.93%	22.21%	20.23%	28.24%	25.14%	31.21%	35.26%	29.75%	40.44%	34.56%	27.94%	27.66%	28.23%	83.83%	26.22%	26.84%	28.25%	173.71%	27.17%	29.6%
Net Income	1.95M	4.36M	12.7M	3.8M	1.55M	1.94M	6.83M	3.95M	-682K	-214K	6.79M	2.06M	17.25M	-109K	8.56M	3.54M	259K	272K	23.96M	3.84M
Net Margin %	1.36%	3.03%	8.89%	2.69%	1.33%	1.65%	5.72%	3.46%	-0.66%	-0.21%	6.62%	2.07%	19.46%	-0.12%	9.32%	3.86%	0.32%	0.33%	27.29%	4.31%
Net Income Growth %	25.23%	124.07%	85.84%	-3.9%	327.86%	1008.41%	0.62%	91.52%	-103.95%	-96.33%	-20.64%	-41.76%	6560.23%	-140.07%	-64.29%	-7.68%	-89.32%	-93.94%	-47.93%	9.31%
Net Income (Continuing)	1.95M	4.36M	12.7M	3.8M	1.55M	1.94M	6.83M	3.95M	-682K	-214K	6.79M	2.06M	17.25M	-109K	8.56M	3.54M	259K	272K	23.96M	3.84M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	0.06	0.14	0.42	0.12	0.05	0.06	0.22	0.13	-0.02	-0.01	0.22	0.07	0.57	-0.00	0.25	0.10	-0.00	0.01	0.73	0.11
EPS Growth %	20%	123.64%	90.91%	-7.69%	325.23%	-	0%	93.45%	-103.89%	-	-12%	-32.8%	-	-133.96%	-65.75%	-9.09%	-102.83%	-91.85%	-49.31%	37.5%
EPS (Basic)	0.06	0.14	0.42	0.12	0.05	0.06	0.22	0.13	-0.02	-0.01	0.23	0.07	0.57	-0.00	0.25	0.10	-0.00	0.01	0.73	0.11
Diluted Shares Outstanding	31.42M	31.33M	31.26M	31.32M	31.27M	31.07M	31.14M	31.04M	30.66M	30.3M	30.85M	30.7M	30.4M	30.04M	26.44M	25.38M	25.96M	25.72M	25.18M	25.14M
Basic Shares Outstanding	31.26M	31.13M	30.94M	31M	30.99M	30.81M	30.68M	30.68M	30.66M	30.3M	30.13M	30.16M	30.14M	30.04M	26.44M	25.38M	25.96M	25.72M	25.18M	25.14M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-