Jun 2026 (Q2 FY26) — Aug 10, 2026
Lincoln Educational Services Q2 FY26 — Strong Revenue and EBITDA Growth Despite Soft Student Starts
Read the full callLincoln Educational Services (LINC) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Lincoln Educational Services earnings: last reported Mon, 10 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 143 | +22.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 2.3 | −0.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.9 | +25.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$22.37 +0.68% · +$0.15
Performance −81.4% 1Y
1Y: $120.3 on 17 Oct 2025 → $22.37. High $130.64 (3 Nov 2025), low $21.54 (29 Sept 2026).
- Previous close
- $22.22
- 52-week range
- $21.54 – $130.64
- One year
- −82.38%
Overview
- Symbol
- LINC
- Sector
- Consumer Staples
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Lincoln Educational Services earnings calls (LINC)
Financials
What the filings say
Net profit, year on year: +25% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 114 | 119 | 118 | 116 | 141 | 143 | 144 | 143 |
| Expenses | 109 | 108 | 114 | 114 | 135 | 125 | 138 | 139 |
| Operating profit | 6 | 11 | 3 | 3 | 6 | 18 | 6 | 3 |
| Operating margin | 5.1% | 9.2% | 2.9% | 2.5% | 4.5% | 12.4% | 4.5% | 2.3% |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 6 | 11 | 3 | 2 | 5 | 16 | 6 | 2 |
| Tax rate | 29.8% | 35.3% | 31.2% | 25.1% | 28.2% | 20.2% | 22.2% | 13.9% |
| Net profit | 4 | 7 | 2 | 2 | 4 | 13 | 4 | 2 |
| EPS ($ per share) | 0.13 | — | 0.06 | 0.05 | 0.12 | — | 0.14 | 0.06 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | -44 | -42 | 6 | 40 | 51 | 69 | 79 | 99 |
| Total liabilities | 106 | 140 | 142 | 154 | 147 | 178 | 258 | 293 |
| Fixed assets | 49 | 49 | 48 | 23 | 24 | 51 | 104 | 172 |
| Investments | — | — | — | 0 | 15 | 0 | — | — |
| Total assets | 146 | 195 | 245 | 295 | 292 | 345 | 437 | 493 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -2 | 1 | 23 | 27 | 1 | 26 | 29 | 59 |
| Cash from investing | -2 | -5 | -5 | 38 | -21 | 7 | -47 | -86 |
| Cash from financing | -5 | -3 | -19 | -20 | -13 | -3 | -3 | -4 |
| Capital expenditure | -5 | -5 | -6 | -8 | -9 | -41 | -57 | -87 |
| Free cash flow | -6 | -4 | 18 | 20 | -8 | -15 | -28 | -27 |
Insider filings
48 filings between Dec 4, 2025 and Jun 15, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$31.77M
23 sales by 9 insiders
Compensation
not trading decisions- 18
- Award — granted as compensation
- 5
- Tax withheld — shares kept back by the company to cover tax
Also filed: 2 other filings.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Juniper Investment Company, LLC | — | $25.07M | Jun 12, 2026 |
| Meyers Brian K | — | $2.00M | May 12, 2026 |
| BURKE JAMES J JR | — | $1.86M | May 22, 2026 |
| LUSTER ALEXANDRA M | — | $903.7K | Jun 15, 2026 |
| Carney Kevin M | — | $623.7K | Jun 10, 2026 |
| Plater Michael A | — | $616.6K | Mar 2, 2026 |
| Nyce Chad D | — | $308.4K | Mar 10, 2026 |
| Young Sylvia Jean | — | $285.0K | Mar 6, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 15, 2026 | LUSTER ALEXANDRA M SVP and General Counsel | Sale | 18,007 | $803.8K |
| Jun 12, 2026 | Juniper Investment Company, LLC Insider | Sale | 37,000 | $1.73M |
| Jun 11, 2026 | Juniper Investment Company, LLC Insider | Sale | 11,812 | $565.4K |
| Jun 10, 2026 | Carney Kevin M Director | Sale | 3,000 | $144.0K |
| Jun 8, 2026 | Carney Kevin M Director | Other | 3,216 | $0 |
| Jun 8, 2026 | Carney Kevin M Director | Other | 3,216 | $0 |
| Jun 5, 2026 | LUSTER ALEXANDRA M SVP and General Counsel | Sale | 1,993 | $99.9K |
| Jun 4, 2026 | Juniper Investment Company, LLC Insider | Sale | 25,208 | $1.29M |
| Jun 3, 2026 | Juniper Investment Company, LLC Insider | Sale | 81,504 | $4.08M |
| Jun 3, 2026 | Pryor Felecia J. Director | Sale | 2,000 | $99.4K |
| May 22, 2026 | BURKE JAMES J JR Director | Sale | 15,807 | $764.4K |
| May 18, 2026 | BURKE JAMES J JR Director | Sale | 16,000 | $792.6K |
| May 15, 2026 | Juniper Investment Company, LLC Insider | Sale | 1,985 | $99.5K |
| May 14, 2026 | BURKE JAMES J JR Director | Sale | 193 | $10.0K |
| May 14, 2026 | Juniper Investment Company, LLC Insider | Sale | 47,836 | $2.45M |
| May 12, 2026 | Meyers Brian K CFO and Treasurer | Sale | 40,070 | $2.00M |
| May 7, 2026 | BURKE JAMES J JR Director | Award | 2,495 | $110.0K |
| May 7, 2026 | Young Sylvia Jean Director | Award | 2,495 | $110.0K |
| May 7, 2026 | Rose Carlton Director | Award | 2,495 | $110.0K |
| May 7, 2026 | Newhart Marta Director | Award | 2,495 | $110.0K |
| May 7, 2026 | CABRAL ANNA ESCOBEDO Director | Award | 2,495 | $110.0K |
| May 7, 2026 | Pryor Felecia J. Director | Award | 2,495 | $110.0K |
| May 7, 2026 | Plater Michael A Director | Award | 2,495 | $110.0K |
| May 7, 2026 | Bartholdson John A. Director | Award | 3,515 | $155.0K |
| Mar 10, 2026 | Nyce Chad D EVP & Chief Operating Officer | Sale | 8,450 | $308.4K |
| Mar 6, 2026 | Young Sylvia Jean Director | Sale | 7,959 | $285.0K |
| Mar 2, 2026 | Plater Michael A Director | Sale | 17,256 | $616.6K |
| Mar 1, 2026 | LUSTER ALEXANDRA M SVP and General Counsel | Award | 833 | $0 |
| Mar 1, 2026 | LUSTER ALEXANDRA M SVP and General Counsel | Tax withheld | 4,741 | $171.8K |
| Mar 1, 2026 | Ace Stephen E SVP and Chief Human Resources | Award | 833 | $0 |
| Mar 1, 2026 | Ace Stephen E SVP and Chief Human Resources | Tax withheld | 5,019 | $181.9K |
| Mar 1, 2026 | Nyce Chad D EVP & Chief Operating Officer | Award | 4,329 | $0 |
| Mar 1, 2026 | Nyce Chad D EVP & Chief Operating Officer | Tax withheld | 24,027 | $870.7K |
| Mar 1, 2026 | SHAW SCOTT M CEO | Award | 9,991 | $0 |
| Mar 1, 2026 | SHAW SCOTT M CEO | Tax withheld | 72,839 | $2.64M |
| Mar 1, 2026 | Meyers Brian K CFO and Treasurer | Award | 4,329 | $0 |
| Mar 1, 2026 | Meyers Brian K CFO and Treasurer | Tax withheld | 30,734 | $1.11M |
| Feb 26, 2026 | BURKE JAMES J JR Director | Sale | 3,214 | $112.1K |
| Feb 25, 2026 | Juniper Investment Company, LLC Insider | Sale | 150,000 | $5.35M |
| Feb 25, 2026 | Juniper Investment Company, LLC Insider | Sale | 275,000 | $9.50M |
| Feb 25, 2026 | BURKE JAMES J JR Director | Sale | 5,343 | $185.3K |
| Feb 19, 2026 | Nyce Chad D EVP & Chief Operating Officer | Award | 32,145 | $0 |
| Feb 19, 2026 | LUSTER ALEXANDRA M SVP and General Counsel | Award | 4,821 | $0 |
| Feb 19, 2026 | Meyers Brian K CFO and Treasurer | Award | 32,145 | $0 |
| Feb 19, 2026 | SHAW SCOTT M CEO | Award | 70,716 | $0 |
| Feb 19, 2026 | Ace Stephen E SVP and Chief Human Resources | Award | 4,821 | $0 |
| Dec 5, 2025 | Carney Kevin M Director | Sale | 13,866 | $307.5K |
| Dec 4, 2025 | Carney Kevin M Director | Sale | 7,604 | $172.2K |
| Jun 6, 2025 | Nyce Chad D EVP & Chief Operating Officer | Sale | 6,200 | $142.2K |
| May 30, 2025 | Rose Carlton Director | Sale | 30,000 | $708.9K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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