Lincoln Educational Services Corporation (LINC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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LINC Revenue Growth
Revenue Breakdown (FY 2024)
LINC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
LINC Revenue Analysis (2014–2025)
As of May 7, 2026, Lincoln Educational Services Corporation (LINC) generated trailing twelve-month (TTM) revenue of $518.2 million, reflecting strong growth of +19.7% year-over-year. The most recent quarter (Q4 2025) recorded $142.9 million in revenue, up 1.0% sequentially.
Looking at the longer-term picture, LINC's 5-year compound annual growth rate (CAGR) stands at +12.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $518.2 million in 2025, representing a new all-time high.
Revenue diversification analysis shows LINC's business is primarily driven by Campus Operations (98%), and Transitional (2%). With over half of revenue concentrated in Campus Operations, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including UTI (+11.0% YoY), PRDO (+24.2% YoY), and COCO (+23.1% YoY), LINC has underperformed the peer group in terms of revenue growth. Compare LINC vs UTI →
LINC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| LINCCurrent | $518M | +19.7% | +12.1% | 5.8% | |
 UTI | $836M | +11.0% | +22.7% | 10.0% | |
 PRDO | $846M | +24.2% | +4.2% | 23.2% | |
 COCO | $610M | +23.1% | +14.4% | 13.6% | |
 GHC | $4.9B | -22.0% | +11.2% | 5.1% | |
 LOPE | $1.1B | -22.0% | +5.6% | 27.5% |
LINC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $518.2M | +17.8% | $0 | - | $30.3M | 5.8% |
| 2024 | $440.1M | +16.4% | $258.3M | 58.7% | $15.2M | 3.4% |
| 2023 | $378.1M | +8.6% | $215.8M | 57.1% | $33.4M | 8.8% |
| 2022 | $348.3M | +3.9% | $199.5M | 57.3% | $16.3M | 4.7% |
| 2021 | $335.3M | +14.4% | $196.4M | 58.6% | $49.3M | 14.7% |
| 2020 | $293.1M | +7.2% | $170.9M | 58.3% | $14.8M | 5.0% |
| 2019 | $273.3M | +3.9% | $149.8M | 54.8% | $5.2M | 1.9% |
| 2018 | $263.2M | +0.5% | $137.8M | 52.4% | $-3,954,000 | -1.5% |
| 2017 | $261.9M | +33.0% | $132.4M | 50.6% | $-4,716,000 | -1.8% |
| 2016 | $196.9M | +1.9% | $102.0M | 51.8% | $-5,163,000 | -2.6% |
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Start ComparisonLINC — Frequently Asked Questions
Quick answers to the most common questions about buying LINC stock.
Is LINC's revenue growth accelerating or slowing?
LINC revenue is accelerating at +19.7% year-over-year, exceeding the 5-year CAGR of +12.1%. TTM revenue reached $518M. Growth momentum has increased versus prior periods.
What is LINC's long-term revenue growth rate?
Lincoln Educational Services Corporation's 5-year revenue CAGR of +12.1% reflects the sustained expansion pattern. Current YoY growth of +19.7% is above this long-term average.
How is LINC's revenue distributed by segment?
LINC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.