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 Quarterly

0 50M 100M 150M Q3 '21: 89.1M Q4 '21: 87.8M Q1 '22: 82.6M Q2 '22: 82.1M Q3 '22: 91.8M Q4 '22: 91.8M Q1 '23: 87.3M Q2 '23: 88.6M Q3 '23: 99.6M Q4 '23: 102.5M Q1 '24: 103.4M Q2 '24: 102.9M Q3 '24: 114.4M Q4 '24: 119.4M Q1 '25: 117.5M Q2 '25: 116.5M Q3 '25: 141.4M Q4 '25: 142.9M Q1 '26: 144M Q2 '26: 142.6M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Gross Profit Quarterly

0 35M 70M 105M Q3 '21: 51M Q4 '21: 53M Q1 '22: 46.4M Q2 '22: 46M Q3 '22: 51.9M Q4 '22: 55.3M Q1 '23: 49.2M Q2 '23: 48.6M Q3 '23: 56.5M Q4 '23: 61.5M Q1 '24: 60.3M Q2 '24: 57.4M Q3 '24: 66.4M Q4 '24: 74.3M Q1 '25: 70.1M Q2 '25: 69.7M Q3 '25: 84.1M Q4 '25: 89M Q1 '26: 85.6M Q2 '26: 82.9M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

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

Operating Income Quarterly

-15M 0 15M 30M 45M Q3 '21: 5.7M Q4 '21: 34M Q1 '22: -326K Q2 '22: 396K Q3 '22: 4.9M Q4 '22: 11.3M Q1 '23: -1.1M Q2 '23: 23.5M Q3 '23: 2M Q4 '23: 9M Q1 '24: -458K Q2 '24: -1.1M Q3 '24: 5.8M Q4 '24: 10.9M Q1 '25: 3.4M Q2 '25: 2.9M Q3 '25: 6.3M Q4 '25: 17.7M Q1 '26: 6.4M Q2 '26: 3.3M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Net Income Quarterly

-9M 0 9M 18M 27M Q3 '21: 3.8M Q4 '21: 24M Q1 '22: 272K Q2 '22: 259K Q3 '22: 3.5M Q4 '22: 8.6M Q1 '23: -109K Q2 '23: 17.2M Q3 '23: 2.1M Q4 '23: 6.8M Q1 '24: -214K Q2 '24: -682K Q3 '24: 4M Q4 '24: 6.8M Q1 '25: 1.9M Q2 '25: 1.6M Q3 '25: 3.8M Q4 '25: 12.7M Q1 '26: 4.4M Q2 '26: 1.9M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Cost of Revenue Quarterly

0 25M 50M 75M Q3 '21: 38.1M Q4 '21: 34.8M Q1 '22: 36.2M Q2 '22: 36.1M Q3 '22: 39.9M Q4 '22: 36.5M Q1 '23: 38.1M Q2 '23: 40M Q3 '23: 43.1M Q4 '23: 41M Q1 '24: 43M Q2 '24: 45.6M Q3 '24: 48.1M Q4 '24: 45.1M Q1 '25: 47.4M Q2 '25: 46.8M Q3 '25: 57.3M Q4 '25: 53.9M Q1 '26: 58.4M Q2 '26: 59.6M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Operating Cash Flow Quarterly

-15M 0 15M 30M 45M Q3 '21: 16.7M Q4 '21: 9.7M Q1 '22: -14.4M Q2 '22: 4.4M Q3 '22: 10.6M Q4 '22: 270K Q1 '23: -214K Q2 '23: 10.6M Q3 '23: -6.8M Q4 '23: 21.9M Q1 '24: -14.9M Q2 '24: 8.3M Q3 '24: 5.6M Q4 '24: 30.3M Q1 '25: -8.4M Q2 '25: 299K Q3 '25: 23.9M Q4 '25: 43.5M Q1 '26: 4.6M Q2 '26: 22.1M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Free Cash Flow Quarterly

-30M -20M -10M 0 10M 20M 30M Q3 '21: 14.9M Q4 '21: 7.4M Q1 '22: -15.4M Q2 '22: 1.8M Q3 '22: 7.1M Q4 '22: -1.7M Q1 '23: -3.5M Q2 '23: 3M Q3 '23: -24.6M Q4 '23: 9.9M Q1 '24: -16.6M Q2 '24: -2.7M Q3 '24: -13.8M Q4 '24: 5.5M Q1 '25: -28.3M Q2 '25: -26.1M Q3 '25: 2M Q4 '25: 25M Q1 '26: -10.1M Q2 '26: 7.6M Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 15M 30M 45M Q1 '20: 24.6M Q2 '20: 24.7M Q3 '20: 24.8M Q1 '21: 24.9M Q2 '21: 25.1M Q3 '21: 25.1M Q1 '22: 25.7M Q2 '22: 26M Q3 '22: 25.4M Q1 '23: 30M Q2 '23: 30.4M Q3 '23: 30.7M Q1 '24: 30.3M Q2 '24: 30.7M Q3 '24: 31M Q1 '25: 31.1M Q2 '25: 31.3M Q3 '25: 31.3M Q1 '26: 31.3M Q2 '26: 31.4M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

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

0.00 0.60 1.20 1.80 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 Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 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.