LINCOLN EDUCATIONAL SERVICES CORP financial data

Symbol
LINC on Nasdaq
Location
Parsippany, NJ
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 02 Mar 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 90% % -44%
Quick Ratio 3.8% % 4.8%
Debt-to-equity 147% % 12%
Return On Equity 11% % 84%
Return On Assets 4.4% % 72%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 31,878,966 shares 0.91%
Common Stock, Shares, Outstanding 31,623,795 shares 0.51%
Entity Public Float $624,944,508 USD 103%
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 $518,241,000 USD 18%
Selling and Marketing Expense $84,551,000 USD 12%
General and Administrative Expense $114,283,000 USD 28%
Costs and Expenses $487,929,000 USD 15%
Operating Income (Loss) $30,312,000 USD 100%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $26,118,000 USD 78%
Income Tax Expense (Benefit) $6,120,000 USD 27%
Net Income (Loss) Attributable to Parent $19,998,000 USD 102%
Earnings Per Share, Basic 0.65 USD/shares 103%
Earnings Per Share, Diluted 0.64 USD/shares 100%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $28,519,000 USD -52%
Accounts Receivable, after Allowance for Credit Loss, Current $36,929,000 USD -14%
Inventory, Net $3,986,000 USD 31%
Assets, Current $87,032,000 USD -22%
Deferred Income Tax Assets, Net $21,668,000 USD -15%
Property, Plant and Equipment, Net $171,603,000 USD 66%
Operating Lease, Right-of-Use Asset $154,223,000 USD 13%
Goodwill $10,742,000 USD 0%
Other Assets, Noncurrent $1,271,000 USD -8.4%
Assets $493,164,000 USD 13%
Accounts Payable, Current $27,023,000 USD -27%
Accrued Liabilities, Current $18,430,000 USD 54%
Contract with Customer, Liability, Current $44,159,000 USD 44%
Liabilities, Current $100,709,000 USD 12%
Operating Lease, Liability, Noncurrent $162,113,000 USD 17%
Other Liabilities, Noncurrent $0 USD -100%
Liabilities $293,476,000 USD 14%
Accumulated Other Comprehensive Income (Loss), Net of Tax $0 USD -100%
Retained Earnings (Accumulated Deficit) $99,168,000 USD 25%
Stockholders' Equity Attributable to Parent $199,688,000 USD 12%
Liabilities and Equity $493,164,000 USD 13%

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 0.51%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $28,519,000 USD -52%
Interest Paid, Excluding Capitalized Interest, Operating Activities $648,000 USD 1806%
Operating Lease, Liability $172,747,000 USD 16%
Depreciation $20,800,000 USD 60%
Payments to Acquire Property, Plant, and Equipment $19,889,000 USD 1081%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $19,724,000 USD 93%
Lessee, Operating Lease, Liability, to be Paid $261,128,000 USD 17%
Property, Plant and Equipment, Gross $319,670,000 USD 31%
Operating Lease, Liability, Current $10,634,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year Two $21,416,000 USD 13%
Lessee, Operating Lease, Liability, to be Paid, Year One $21,199,000 USD 15%
Operating Lease, Weighted Average Discount Rate, Percent 0.0663 pure 0.46%
Deferred Income Tax Expense (Benefit) $547,000 USD 30%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $88,381,000 USD 18%
Lessee, Operating Lease, Liability, to be Paid, Year Three $22,314,000 USD 23%
Deferred Tax Assets, Operating Loss Carryforwards $1,913,000 USD 137%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $20,621,000 USD 8.8%
Operating Lease, Payments $14,149,000 USD -21%
Additional Paid in Capital $52,339,000 USD 3.4%
Depreciation, Depletion and Amortization $3,345,000 USD 29%
Deferred Tax Assets, Net of Valuation Allowance $21,668,000 USD -15%
Interest Expense $3,394,000 USD 32%