LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue Annual

0 250M 500M 750M FY09: 552.5M FY10: 604.8M FY11: 456.7M FY12: 380.2M FY13: 215.6M FY14: 218M FY15: 306.1M FY16: 285.6M FY17: 261.9M FY18: 263.2M FY19: 273.3M FY20: 293.1M FY21: 335.3M FY22: 348.3M FY23: 378.1M FY24: 440.1M FY25: 518.2M FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Gross Profit Annual

0 150M 300M 450M FY09: 341.2M FY10: 377.4M FY11: 260.1M FY12: 201.9M FY13: 113.1M FY14: 114.7M FY15: 154.5M FY16: 141.1M FY17: 132.4M FY18: 137.8M FY19: 149.8M FY20: 170.9M FY21: 196.4M FY22: 199.5M FY23: 215.8M FY24: 258.3M FY25: 312.9M FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Revenue minus cost of sales. This filer tags no gross profit of its own..

Operating Income Annual

-40M 0 40M 80M 120M FY09: 88.3M FY10: 115M FY11: 34.9M FY12: -12.7M FY13: -3.5M FY14: -23.7M FY15: 704K FY16: -28.9M FY17: -4.7M FY18: -4M FY19: 5.2M FY20: 14.8M FY21: 49.3M FY22: 16.3M FY23: 33.4M FY24: 15.2M FY25: 30.3M FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Net Income Annual

-75M -50M -25M 0 25M 50M 75M FY09: 49.2M FY10: 69.7M FY11: 17.5M FY12: -37.2M FY13: -51.3M FY14: -56.1M FY15: -3.4M FY16: -28.3M FY17: -11.5M FY18: -11.5M FY19: 2M FY20: 48.6M FY21: 34.7M FY22: 12.6M FY23: 26M FY24: 9.9M FY25: 20M FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Cost of Revenue Annual

0 80M 160M 240M FY09: 211.3M FY10: 227.3M FY11: 196.6M FY12: 178.3M FY13: 102.5M FY14: 103.3M FY15: 151.6M FY16: 144.4M FY17: 129.4M FY18: 125.4M FY19: 123.5M FY20: 122.2M FY21: 138.9M FY22: 148.7M FY23: 162.3M FY24: 181.8M FY25: 205.4M FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Operating Cash Flow Annual

-40M 0 40M 80M 120M FY09: 73.2M FY10: 114.5M FY11: 36.8M FY12: 16M FY13: 3.2M FY14: 12M FY15: 14.3M FY16: -6.1M FY17: -11.3M FY18: -1.7M FY19: 988K FY20: 23.5M FY21: 27.4M FY22: 882K FY23: 25.6M FY24: 29.3M FY25: 59.3M FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Free Cash Flow Annual

-50M -25M 0 25M 50M 75M FY09: 49.2M FY10: 72.1M FY11: -1.3M FY12: 7.1M FY13: -3.3M FY14: 4.5M FY15: 12.1M FY16: -9.7M FY17: -16.1M FY18: -6.4M FY19: -4.4M FY20: 17.9M FY21: 19.9M FY22: -8.1M FY23: -15.1M FY24: -27.6M FY25: -27.3M FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Operating cash flow minus capital expenditure.

Shares Outstanding Annual

0 10M 20M 30M FY09: 27.1M FY10: 25M FY11: 22.2M FY12: 22.2M FY13: 22.5M FY14: 22.8M FY15: 23.2M FY16: 23.5M FY17: 23.9M FY18: 23.9M FY19: 24.6M FY20: 24.7M FY21: 25.1M FY22: 25.9M FY23: 30.5K FY24: 30.9K FY25: 31.3K FY09 FY11 FY13 FY15 FY17 FY19 FY21 FY23 FY25

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

-4.50 -3.00 -1.50 0.00 1.50 3.00 4.50 Q3 '11: 1.49 Q4 '11: 0.78 Q1 '12: 0.18 Q2 '12: -0.97 Q3 '12: -0.86 Q4 '13: -2.27 Q1 '14: -2.43 Q2 '14: -2.52 Q3 '14: -4.09 Q4 '14: -2.47 Q1 '15: -2.28 Q2 '15: -2.10 Q3 '15: -0.32 Q4 '15: -0.15 Q1 '16: -0.11 Q2 '16: 0.09 Q3 '16: -0.04 Q4 '16: -1.20 Q1 '17: -1.40 Q2 '17: -1.55 Q3 '17: -1.59 Q4 '17: -0.49 Q1 '18: -0.31 Q2 '18: -0.20 Q3 '18: -0.16 Q4 '18: -0.27 Q1 '19: -0.21 Q2 '19: -0.16 Q3 '19: -0.09 Q4 '19: 0.04 Q1 '20: 0.18 Q2 '20: 0.32 Q3 '20: 0.35 Q4 '20: 1.46 Q1 '21: 1.67 Q2 '21: 1.71 Q3 '21: 1.74 Q4 '21: 1.04 Q1 '22: 0.91 Q2 '22: 0.85 Q3 '22: 0.84 Q4 '22: 0.36 Q1 '23: 0.36 Q2 '23: 0.93 Q3 '23: 0.90 Q4 '23: 0.86 Q1 '24: 0.85 Q2 '24: 0.26 Q3 '24: 0.32 Q4 '24: 0.32 Q1 '25: 0.39 Q2 '25: 0.46 Q3 '25: 0.45 Q4 '25: 0.64 Q1 '26: 0.72 Q2 '26: 0.73 Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.