LINCOLN EDUCATIONAL SERVICES CORP financial data

Symbol
LINC on Nasdaq
Location
Parsippany, NJ
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 10 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99% % -44%
Quick Ratio 3.6% % -4.2%
Debt-to-equity 146% % 21%
Return On Equity 7.8% % 32%
Return On Assets 3.2% % 19%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31,623,795 shares 0.46%
Common Stock, Shares, Outstanding 31,623,795 shares 0.46%
Entity Public Float $307,869,969 USD 66%
Weighted Average Number of Shares Outstanding, Basic 31,000,002 shares 1%
Weighted Average Number of Shares Outstanding, Diluted 31,317,649 shares 0.89%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax $494,743,000 USD 17%
Selling and Marketing Expense $80,935,000 USD 24%
General and Administrative Expense $109,442,000 USD 28%
Costs and Expenses $471,238,000 USD 15%
Operating Income (Loss) $23,505,000 USD 78%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $20,752,000 USD 53%
Income Tax Expense (Benefit) $6,621,000 USD 77%
Net Income (Loss) Attributable to Parent $14,131,000 USD 43%
Earnings Per Share, Basic 0 USD/shares 41%
Earnings Per Share, Diluted 0 USD/shares 45%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $13,480,000 USD -75%
Accounts Receivable, after Allowance for Credit Loss, Current $51,131,000 USD -3.7%
Inventory, Net $3,093,000 USD 14%
Assets, Current $77,332,000 USD -33%
Deferred Income Tax Assets, Net $24,812,000 USD 9%
Property, Plant and Equipment, Net $160,490,000 USD 113%
Operating Lease, Right-of-Use Asset $142,093,000 USD 9.4%
Goodwill $10,742,000 USD 0%
Other Assets, Noncurrent $1,273,000 USD -6.7%
Assets $466,939,000 USD 16%
Accounts Payable, Current $35,074,000 USD 26%
Accrued Liabilities, Current $16,799,000 USD 37%
Contract with Customer, Liability, Current $33,485,000 USD 46%
Liabilities, Current $95,879,000 USD 31%
Operating Lease, Liability, Noncurrent $146,429,000 USD 12%
Other Liabilities, Noncurrent $0 USD
Liabilities $281,085,000 USD 20%
Accumulated Other Comprehensive Income (Loss), Net of Tax $274,000 USD
Retained Earnings (Accumulated Deficit) $86,467,000 USD 20%
Stockholders' Equity Attributable to Parent $185,854,000 USD 9.4%
Liabilities and Equity $466,939,000 USD 16%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $8,378,000 USD 44%
Net Cash Provided by (Used in) Financing Activities $2,600,000 USD 28%
Net Cash Provided by (Used in) Investing Activities $19,640,000 USD -344%
Common Stock, Shares Authorized 100,000,000 shares 0%
Common Stock, Shares, Issued 31,623,795 shares 0.46%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $13,480,000 USD -75%
Interest Paid, Excluding Capitalized Interest, Operating Activities $648,000 USD 1806%
Operating Lease, Liability $156,520,000 USD 11%
Depreciation $17,400,000 USD 72%
Payments to Acquire Property, Plant, and Equipment $19,889,000 USD 1081%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $14,441,000 USD 33%
Lessee, Operating Lease, Liability, to be Paid $235,567,000 USD 10%
Property, Plant and Equipment, Gross $310,308,000 USD
Operating Lease, Liability, Current $10,091,000 USD -2.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two $19,692,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year One $20,108,000 USD 3.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Deferred Income Tax Expense (Benefit) $547,000 USD 30%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $79,047,000 USD 9.2%
Lessee, Operating Lease, Liability, to be Paid, Year Three $20,542,000 USD 20%
Deferred Tax Assets, Operating Loss Carryforwards $807,000 USD -22%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $18,798,000 USD 4.4%
Operating Lease, Payments $17,031,000 USD -2.1%
Additional Paid in Capital $50,932,000 USD 2.9%
Depreciation, Depletion and Amortization $3,345,000 USD 29%
Deferred Tax Assets, Net of Valuation Allowance $25,359,000 USD 9.2%
Interest Expense $3,177,000 USD 47%