NASDAQ:LINC | Income Statement | LINCOLN EDUCATIONAL SERVICES CORP

Complete source-backed income-statement history.

Available history
2009-12-31 to 2026-06-30
Data captured

Historical Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2026-06-30$142.56M$59.63M$79.65M$3.31M$2.26M$315,000.00$1.95M$0.06$0.0631,257,94431,418,794
2026-03-31$143.96M$58.39M$79.15M$6.41M$5.6M$1.24M$4.36M$0.14$0.1431,129,92931,331,951
2025-12-31$142.87M$53.91M$71.17M$17.74M$15.92M$3.22M$12.7M$0.41$0.41-30,903,424-31,189,609
2025-09-30$141.39M$57.28M$77.81M$6.29M$5.29M$1.5M$3.8M$0.12$0.1231,000,00231,317,649
2025-06-30$116.47M$46.79M$67.06M$2.88M$2.08M$522,000.00$1.55M$0.05$0.0530,990,39231,271,254
2025-03-31$117.51M$47.41M$66.9M$3.41M$2.83M$882,000.00$1.94M$0.06$0.0630,809,30631,073,704
2024-12-31$119.37M$45.12M$62.11M$10.93M$10.56M$3.72M$6.83M$0.22$0.22-30,516,607-30,775,356
2024-09-30$114.41M$48.06M$63.34M$5.82M$5.63M$1.67M$3.95M$0.13$0.1330,681,59431,041,592
2024-06-30$102.91M$45.56M$57.87M-$1.12M-$1.15M-$463,000.00-$682,000.00-$0.02-$0.0230,659,87830,659,878
2024-03-31$103.37M$43.02M$60.49M-$458,000.00-$327,000.00-$113,000.00-$214,000.00-$0.01-$0.0130,301,47530,301,475
2023-12-31$102.52M$41.02M$52.53M$8.96M$9.43M$2.63M$6.79M$0.22$0.22-30,084,821-30,424,614
2023-09-30$99.62M$43.13M$54.49M$2M$2.85M$789,000.00$2.06M$0.07$0.0730,163,74530,698,475
2023-06-30$88.65M$40.03M$51.81M$23.52M$24.03M$6.78M$17.25M$0.57$0.5730,140,22130,397,308
2023-03-31$87.28M$38.09M$50.31M-$1.12M-$674,000.00-$565,000.00-$109,000.00$0.00$0.0030,038,55830,038,558
2022-12-31$91.78M$36.51M$42.89M$11.33M$11.6M$3.04M$8.56M$0.26$0.26187,389187,389
2022-09-30$91.81M$39.93M$46.98M$4.88M$4.84M$1.3M$3.54M$0.10$0.1025,381,44725,381,447
2022-06-30$82.14M$36.11M$45.84M$396,000.00$361,000.00$102,000.00$259,000.00$0.00$0.0025,962,61725,962,617
2022-03-31$82.55M$36.2M$46.68M-$326,000.00-$369,000.00-$641,000.00$272,000.00$0.00$0.0025,720,96025,720,960
2021-12-31$87.82M$34.79M$40.76M$34.04M$32.9M$8.94M$23.96M$0.74$0.7437,43237,432
2021-09-30$89.06M$38.11M$45.21M$5.75M$5.45M$1.61M$3.84M$0.11$0.1125,135,38125,135,381
2021-06-30$80.46M$33.69M$43.32M$3.45M$3.16M$729,000.00$2.43M$0.06$0.0625,105,23825,105,238
2021-03-31$78M$32.34M$39.63M$6.02M$5.73M$1.25M$4.49M$0.13$0.1324,888,61524,888,615
2020-12-31$81.79M$31.46M$39.19M$11.13M$10.81M-$35.21M$46.02M$1.44$1.4427,67927,679
2020-09-30$78.79M$34.25M$40.7M$3.84M$3.56M$50,000.00$3.51M$0.08$0.0824,821,66524,821,665
2020-06-30$62.47M$26.25M$35.16M$1.16M$833,000.00$50,000.00$783,000.00$0.02$0.0224,741,33124,741,331
2020-03-31$70.04M$30.24M$41.15M-$1.35M-$1.7M$50,000.00-$1.75M-$0.08-$0.0824,598,34624,598,346
2019-12-31$73.92M$30.56M$33.66M$10.05M$9.23M$24,000.00$9.21M$0.37$0.373,0343,034
2019-09-30$72.59M$33.21M$37.45M$2.14M$1.39M$50,000.00$1.34M$0.05$0.0524,563,03824,607,504
2019-06-30$63.57M$29.75M$35.91M-$2.09M-$2.92M$144,000.00-$3.06M-$0.12-$0.1224,555,43524,555,435
2019-03-31$63.26M$29.98M$38.15M-$4.86M-$5.42M$50,000.00-$5.47M-$0.22-$0.2224,534,20724,534,207
2018-12-31$70.11M$31.2M$33.15M$5.76M$5.08M$50,000.00$94,000.00-$0.01-$0.01-480,294-480,294
2018-09-30$70.08M$33.49M$36.09M$76,000.00-$550,000.00$50,000.00-$600,000.00-$0.02-$0.0224,532,64824,532,648
2018-06-30$61.12M$30.18M$34.47M-$3.52M-$4.05M$50,000.00-$4.1M-$0.17-$0.1724,485,50024,485,500
2018-03-31$61.89M$30.5M$37.53M-$6.26M-$6.82M$50,000.00-$6.87M-$0.28-$0.2824,137,57724,137,577
2017-12-31$67.4M$30.23M$29.4M$7.77M$7.28M-$424,000.00$7.71M$0.32$0.3239,91039,910
2017-09-30$67.31M$34.07M$35.5M-$731,000.00-$1.44M$50,000.00-$1.49M-$0.06-$0.0624,023,54024,023,540
2017-06-30$61.87M$32.41M$35.55M-$6.03M-$6.72M$50,000.00-$6.77M-$0.28-$0.2823,962,05523,962,055
2017-03-31$65.28M$32.71M$38.32M-$5.73M-$10.88M$50,000.00-$10.93M-$0.46-$0.4623,609,30823,609,308
2016-12-31$72.57M$34.19M$35.14M-$18.77M-$18.58M$50,000.00-$18.63M-$0.80-$0.8020,41220,412
2016-09-30$74.27M$37.54M$37.4M-$671,000.00-$421,000.00$50,000.00-$471,000.00-$0.02-$0.0223,498,90423,498,904
2016-06-30$68.08M$35.57M$35.75M-$3.23M-$3.09M$50,000.00-$3.14M-$0.13-$0.1323,448,22423,448,224
2016-03-31$70.64M$37.12M$40.16M-$6.24M-$6.02M$50,000.00-$6.07M-$0.26-$0.2623,351,19223,351,192
2015-12-31$155.53M$79.32M$70.77M$3.9M$4.38M$92,000.00$8.56M$0.37$0.3726,97126,971
2015-09-30$54.03M$25M$22.72M$5.87M$4.01M$50,000.00$2.58M$0.11$0.1123,230,43823,269,635
2015-06-30$44.74M$22.51M$26.6M-$4.38M-$5.55M$50,000.00-$7.61M-$0.33-$0.3323,131,85623,131,856
2015-03-31$47.67M$22.91M$29.64M-$4.84M-$6.09M$50,000.00-$6.88M-$0.30-$0.3023,055,80323,055,803
2014-12-31-$21.53M-$21.58M-$16.33M$33.8M$34.29M$3.24M$4.64M$0.20$0.2024,85124,851
2014-09-30$83.98M$42.44M$41.71M-$39.49M-$40.92M-$5.56M-$38.08M-$1.67-$1.6722,843,24722,843,247
2014-06-30$76.39M$40.69M$45.07M-$9.36M-$10.53M$418,000.00-$11.6M-$0.51-$0.5122,800,47122,800,471
2014-03-31$79.2M$41.75M$46.12M-$8.61M-$9.87M$419,000.00-$11.09M-$0.49-$0.4922,722,72122,722,721
2013-12-31-$40.95M-$27.86M-$22.05M$12.64M$11.76M$27.12M-$32.15M-$1.43-$1.4333,08333,083
2013-09-30$88.53M$44.38M$43.23M$1.22M$151,000.00$74,000.00-$2.28M-$0.10-$0.1022,528,47822,811,156
2013-06-30$81.75M$42.4M$45.64M-$9.91M-$11.08M-$4.39M-$9.38M-$0.42-$0.4222,497,01322,497,013
2013-03-31$86.27M$43.57M$50.02M-$7.41M-$8.5M-$3.21M-$7.49M-$0.33-$0.3322,413,69922,413,699
2012-12-31$79.92M$32.68M$31.57M$4.74M$3.67M$3.66M-$11.94M-$0.54-$0.5423,65023,650
2012-09-30$102.06M$49.43M$50.81M$1.82M$768,000.00-$318,000.00-$1.48M-$0.07-$0.0722,194,73122,281,133
2012-06-30$97.03M$47.18M$52.28M-$16.66M-$17.71M-$3.87M-$20.71M-$0.93-$0.9322,183,04322,183,043
2012-03-31$101.16M$48.99M$54.83M-$2.63M-$3.94M-$1.76M-$3.06M-$0.14-$0.1422,137,06122,137,061
2011-12-31$59.66M$25.59M$23.99M$12.17M$11.09M$4.9M$6.18M$0.28$0.2823,5861,722
2011-09-30$123.48M$57.42M$60.73M-$5.04M-$6.13M-$2.2M-$3.93M-$0.18-$0.1822,045,10422,045,104
2011-06-30$128.22M$54.62M$64.24M$9.34M$8.25M$3.32M$4.93M$0.22$0.2221,989,75622,561,338
2011-03-31$145.36M$59.02M$67.89M$18.48M$17.39M$7.04M$10.36M$0.47$0.4621,943,00022,418,000
2010-12-31$132.29M$47.04M$46.12M$34.29M$33.16M-$75.67M$23.19M$1.02$0.9924,393,18724,998,253
2010-09-30$167.21M$63.3M$71.53M$32.38M$31.29M$12.41M$18.88M$0.77$0.7624,49224,984
2010-06-30$152.8M$58.12M$71.71M$22.98M$21.95M$8.75M$13.2M$0.51$0.5025,780,00026,439,000

Annual Income Statement

DateRevenueCost of revenueGross profitR&D expenseSG&A expenseOperating expensesOperating incomeNonoperating income/expensePre-tax incomeIncome taxNet incomeBasic EPSDiluted EPSBasic sharesDiluted shares
2025-12-31$518.24M$205.39M$282.95M$30.31M$26.12M$6.12M$20M$0.65$0.6430,94231,260
2024-12-31$440.06M$181.76M$243.8M$15.18M$14.71M$4.82M$9.89M$0.32$0.3230,58030,891
2023-12-31$378.07M$162.28M$209.14M$33.36M$35.64M$9.64M$26M$0.86$0.8530,10530,541
2022-12-31$348.29M$148.75M$182.39M$16.28M$16.44M$3.8M$12.63M$0.36$0.3625,879,48325,879,483
2021-12-31$335.34M$138.93M$168.92M$49.26M$47.25M$12.53M$34.72M$1.04$1.0425,080,78925,080,789
2020-12-31$293.1M$122.2M$156.2M$14.78M$13.51M-$35.06M$48.57M$1.49$1.4924,748,49624,748,496
2019-12-31$273.34M$123.5M$145.18M$5.24M$2.28M$268,000.00$2.02M$0.08$0.0824,554,03324,554,033
2018-12-31$263.2M$125.37M$141.24M-$3.95M-$6.35M$200,000.00-$11.48M-$0.48-$0.4823,906,39523,906,395
2017-12-31$261.85M$129.41M$138.78M-$4.72M-$11.76M-$274,000.00-$11.48M-$0.48-$0.4823,906,39523,906,395
2016-12-31$285.56M$144.43M$148.45M-$28.91M-$28.1M$200,000.00-$28.3M-$1.21-$1.2123,453,42723,453,427
2015-12-31$306.1M$151.65M$151.8M$704,000.00-$3.11M$242,000.00-$3.35M-$0.14-$0.1423,166,97723,166,977
2014-12-31$218.04M$103.3M$116.57M-$23.66M-$27.03M-$1.48M-$56.13M-$2.46-$2.4622,814,10522,814,105
2013-12-31$215.6M$102.49M$116.84M-$3.45M-$7.66M$19.59M-$51.29M-$2.28-$2.2822,513,39122,513,391
2012-12-31$380.16M$178.27M$189.49M-$12.74M-$17.2M-$2.28M-$37.19M-$1.68-$1.6822,195,40722,195,407
2011-12-31$456.72M$196.64M$216.85M$34.94M$30.61M$13.05M$17.54M$0.80$0.7922,019,56322,155,000
2010-12-31$604.76M$227.33M$257.62M$114.97M$110.53M-$44.84M$69.73M$2.86$2.7924,418,46025,024,173
2009-12-31$552.54M$211.3M$252.39M$88.32M$84.11M$34.87M$49.24M$1.87$1.8226,337,00027,095,000