Lincoln Educational Services Corporation

Lincoln Educational Services Corporation

LINCยทNASDAQ

$50.07

+1.4%
Consumer DefensiveEducation & Training Services

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments: Transportation and Skilled Trades, and Healthcare and Other Professions. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising nursing, dental and medical assistant, claim examiner, medical administrative assistant, etc.; hospitality services programs, such as culinary, therapeutic massage, cosmetology, and aesthetics; and information technology programs. The company operates 22 schools in 14 states under the Lincoln Technical Institute, Lincoln College of Technology, Lincoln Culinary Institute, Euphoria Institute of Beauty Arts and Sciences, and other brand names. As of December 31, 2021, it had 13,059 students enrolled at 22 campuses. The company was founded in 1946 and is based in Parsippany, New Jersey.

At a Glance

Live Snapshot
Market Cap$1.59B
EPS0.6500
P/E Ratio77.03
Earnings Date08/10/2026
3Y+49.0%
5Y+77.0%
10Y+163.0%
3Y+58.0%
5Y-59.0%
10Y-171.0%
3Y+6611.0%
5Y+152.0%
10Y-1069.0%
Lincoln Educational Services Corporation

Lincoln Educational Services Corporation Profit Bridge

LINC ยท NASDAQ
Revenue518.24M
Cost of Goods Sold (205.39M)
Gross Profit312.85M
Operating Expenses (283.87M)
Operating Income28.98M
Interest Expense (3.39M)
Other Income/Expense-2.86M
Pretax Income26.12M
Income Tax (6.12M)
Net Income20.00M
Net Income
20.00M

Profitability Analysis

Gross Margin

60.4%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

5.6%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

3.9%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

23.4%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Lincoln Educational Services Corporation Income Statement

LINC โ€ข NASDAQ

Lincoln Educational Services Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
518.2M
440.1M
378.1M
348.3M
335.3M
293.1M
273.3M
263.2M
261.9M
196.9M
193.2M
325M
345M
402.7M
512.6M
639.5M
552.5M
376.9M
327.8M
321.5M
GROSS PROFIT
(205.4M)
(181.8M)
(162.3M)
(148.7M)
(138.9M)
(122.2M)
(123.5M)
(125.4M)
(129.4M)
(94.9M)
(92.2M)
(164.4M)
(172.7M)
(192.2M)
(223M)
(239.7M)
(211.3M)
(153.5M)
(139.5M)
(136.6M)
312.9M
258.3M
215.8M
199.5M
196.4M
170.9M
149.8M
137.8M
132.4M
102M
101.1M
160.7M
172.3M
210.5M
289.7M
399.8M
341.2M
223.4M
188.3M
184.9M
OPERATING INCOME
(283.9M)
(243.1M)
(182.4M)
(183.3M)
(147.1M)
(156.1M)
(145.2M)
(141.2M)
(138.8M)
(103.1M)
(98.3M)
(168.4M)
(178.5M)
(204.3M)
(244.4M)
(270.9M)
(252.7M)
(187.8M)
(162.4M)
(156.9M)
(282.9M)
(243.8M)
(209.1M)
(182.4M)
(168.9M)
(156.2M)
(145.2M)
(141.2M)
(138.8M)
(103.1M)
(98.3M)
(168.4M)
(178.5M)
(204.3M)
(244.4M)
(270.9M)
(252.7M)
(187.7M)
(162.4M)
(157.3M)
29M
15.2M
33.4M
16.3M
49.3M
14.8M
5.2M
-4M
-4.7M
-5.2M
778K
-48.5M
-9.6M
-27.7M
34.9M
122.6M
88.3M
35.6M
25.9M
28M
PRE-TAX INCOME
(3.4M)
(2.6M)
(347K)
(160K)
(2M)
(1.3M)
(3M)
(2.4M)
(7.1M)
(6.1M)
(8M)
(3.4M)
(4.3M)
(4.5M)
(4.4M)
(4.5M)
(4.3M)
(2.2M)
(0.0)
(0.0)
-3.3M
-466K
2.3M
158K
-2M
-1.3M
-3M
-2.4M
-7M
-6M
-8M
-3.4M
-4.2M
-4.5M
-4.4M
-4.5M
-4.2M
-2M
0.0
981K
(926K)
-675K
-26.7M
(872K)
-21.8M
-81K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(297K)
(18K)
(14K)
(0.0)
-8K
(0.0)
(80K)
-15K
-435K
-2.9M
-466K
2.3M
158K
-2M
68.8M
0.0
-2.4M
-7M
810K
-321K
-30.1M
-4.6M
-19.4M
-4.4M
-4.5M
-4.2M
-2M
-2.1M
-1.4M
26.1M
14.7M
35.6M
16.4M
47.2M
83.6M
2.3M
-6.3M
-11.8M
-4.3M
-2.5M
-53.7M
-14.2M
-32.1M
30.6M
118.2M
84.1M
33.5M
23.8M
26.6M
NET INCOME
(6.1M)
(4.8M)
(9.6M)
(3.8M)
(12.5M)
(35.1M)
(268K)
(200K)
-274K
(200K)
(242K)
-4.2M
(19.6M)
-8.2M
(13M)
(48.5M)
(34.9M)
(13.3M)
(9.9M)
(11M)
20M
9.9M
26M
12.6M
34.7M
48.6M
2M
-6.5M
-11.5M
-28.3M
-3.4M
-56.1M
-51.3M
-37.2M
17.5M
69.7M
49.2M
20.2M
8.3M
15.6M

SEC Filings

LINC - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 13, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 11, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 11, 2026
2026
8-K

8-K 2026

N/A

April 16, 2026
April 13, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 26, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

March 19, 2026
March 19, 2026
2026
10-K

10-K 2025 FY

FY

March 02, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 23, 2026
February 23, 2026
2026
8-K

8-K 2025

N/A

December 23, 2025
December 19, 2025
2025
Showing 1 to 10 of 299 filings