Name: LINC Income Statement - Lincoln Educational Services Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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LINC - Lincoln Educational Services Corp.

USD | NASDAQ

LINC Income Statement - Lincoln Educational Services Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	144.0	142.9	141.4	116.5	117.5	119.4	114.4	102.9	103.4	102.5	99.6	88.6	87.3	91.8	91.8	82.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	544.7	518.2	440.1	378.1	348.3	335.3	293.1	273.3	263.2	261.9	285.6	306.1	218.0	215.6	380.2	456.7	604.8	552.5
Cost of Revenue	216.4	205.4	181.8	162.3	148.7	138.9	122.2	123.5	125.4	129.4	144.4	151.6	103.3	102.5	178.3	196.6	227.3	211.3
Gross Profit	328.3	312.9	258.3	215.8	199.5	196.4	170.9	149.8	137.8	132.4	141.1	154.5	114.7	113.1	201.9	260.1	377.4
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
Operating Income	33.3	30.3	15.2	33.4	16.3	49.3	14.8	5.2	(4.0)	(4.7)	(28.9)	0.7	(23.7)	(3.5)
Non-Operating
Interest Income	0.0	0.1	2.1	2.6	0.3	0.0	0.0	0.0	0.0	0.1	0.2	0.1	0.1	0.0	0.0	0.0
Tax & Net
Income Tax Expense	6.5	6.1	4.8	9.6	3.8	12.5	(35.1)	0.3	0.2	(0.3)	0.2	0.2	(1.5)	19.6	(2.3)
Per Share
EPS Basic	0.72	0.65	0.32	0.86	0.36	1.04	1.49	0.08	(0.48)	(0.48)	(1.21)	(0.14)	(2.46)	(2.28)	(1.68)	0.80
Supplementary Data
EBITDA	56.3	49.5	26.5	40.0	22.6	56.4	22.2	13.4	4.5	4.0	(17.8)	15.2	(4.3)	20.2	14.1	63.4

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	79.2	71.2	77.8	67.1	66.9	62.1	63.3	57.9	60.5	52.5	54.5	51.8	50.3	42.9	47.0	45.8
Selling & Marketing	23.9	20.6	25.3	18.9	19.7	17.0	20.4	18.1	19.8	-	-	-	-	-	-	-	-
General & Administrative	34.1	28.4	28.4	28.5	29.0	23.6	22.2	20.9	22.8	-	-	-	-	-	-	-	-
Depreciation & Amortization	7.2	5.6	5.5	4.7	3.3	2.2	3.2	3.3	2.6	-	-	-	1.3	-	-	-
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	137.6	125.1	135.1	113.6	114.1	108.4	108.6	104.0	103.8	93.6	97.6	65.1	88.4	80.5	86.9	81.7

Operating Income
Operating Income	6.4	17.7	6.3	2.9	3.4	10.9	5.8	(1.1)	(0.5)	9.0	2.0	23.5	(1.1)	11.3	4.9	0.4	(0.3)	34.0	5.7	3.5	6.0	11.1	3.8	1.2	(1.3)	10.1	2.1	(2.1)	(4.9)	5.8	0.1	(3.5)	(6.3)	7.8	(0.7)	(6.0)	(5.7)	(18.8)	(0.7)	(3.2)

Per Share
EPS Basic	0.14	-	0.12	0.05	0.06	-	0.13	(0.02)	(0.01)	-	0.07	0.57	0.00	-	0.10	0.00	0.00	-	0.11	0.06	0.13	-	0.08	0.02	(0.08)	-	0.05	(0.12)	(0.22)	-	(0.02)	(0.17)	(0.28)	-	(0.06)	(0.28)	(0.46)	-	(0.02)	(0.13)
EPS Diluted	0.14	-	0.12	0.05	0.06	-	0.13	(0.02)	(0.01)	-	0.07	0.57	0.00	-	0.10	0.00	0.00	-
Shares Basic	31.1	-	31.0	31.0	30.8	-	30.7	30.7	30.3	-	30.2	30.1	30.0	-	25.4	26.0	25.7	-
Shares Diluted	31.3	-	31.3	31.3	31.1	-	31.0	30.7	30.3	-	30.7	30.4	30.0	-	25.4	26.0	25.7	-

Supplementary Data
EBITDA	13.6	23.4	11.8	7.6	6.8	13.2	9.0	2.2	2.1	-	-	-	0.1	-	-	-	1.2	-	-	-	7.9	-	-	-	0.5	-	-	-	(2.8)	-	-	-	(4.2)	-	-	-	(3.6)	-	-	-
EBIT	6.4	17.7	6.3	2.9	3.4	10.9	5.8	(1.1)	(0.5)	9.0	2.0	23.5	(1.1)	11.3	4.9	0.4	(0.3)	34.0	5.7

Non-Operating
Interest Income	0.0	0.0	0.0	0.0	0.1	0.3	0.5	0.6	0.7	0.7	0.9	0.5	0.5	0.3	0.0	0.0	0.0	-	-	-	-	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0
Interest Expense	0.8	0.9	1.0	0.8	0.7	0.7	0.7	0.7	0.6	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.1
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-Tax Income	5.6	15.9	5.3	2.1	2.8	10.6	5.6	(1.1)	(0.3)	9.4	2.9	24.0	(0.7)	11.6	4.8	0.4	(0.4)