Lincoln Educational Services Corp (LINC) stock
Close on Oct 30, 2026Market cap $656.00MP/E –Yield –
Earnings
Lincoln Educational Services's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Lincoln Educational Services's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Source |
|---|---|---|---|---|---|
| Q3 FY2026ended Sep 30, 2026 | Nov 9, 2026Expected | – | – | – | – |
| Q2 FY2026ended Jun 30, 2026 | Aug 10, 2026during market hours | $142.60M | +22.4% | $0.06 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 11, 2026during market hours | $144.00M | +22.6% | $0.14 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 23, 2026before the open | $142.90M | +19.7% | $0.40 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 10, 2025during market hours | $141.40M | +23.6% | $0.12 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 11, 2025before the open | $116.50M | +13.2% | $0.05 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 12, 2025during market hours | $117.50M | +13.6% | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 24, 2025before the open | $119.40M | +16.5% | – | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 12, 2024before the open | $114.40M | +15.0% | $0.13 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 8, 2024before the open | $102.90M | +16.7% | -$0.02 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 6, 2024before the open | $103.40M | +19.7% | -$0.01 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 26, 2024before the open | $102.50M | +11.7% | $0.22 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 6, 2023before the open | $99.50M | +8.4% | $0.07 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 8, 2023during market hours | $88.20M | +7.4% | $0.57 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 8, 2023before the open | $86.40M | +4.6% | $0.00 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 27, 2023during market hours | $91.80M | +4.6% | $0.27 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 7, 2022before the open | $91.80M | +3.0% | $0.10 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 8, 2022before the open | $82.10M | – | $0.00 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 9, 2022before the open | $82.60M | – | $0.00 | Release |
| Q4 FY2021ended Dec 31, 2021 | Feb 28, 2022before the open | $87.80M | – | $0.73 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 8, 2021before the open | $89.10M | – | $0.11 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 9, 2021before the open | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 10, 2021before the open | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Mar 3, 2021during market hours | – | – | – | Filing |
| Q3 FY2020ended Sep 30, 2020 | Nov 12, 2020before the open | – | – | – | Filing |
| Q2 FY2020ended Jun 30, 2020 | Aug 11, 2020during market hours | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Lincoln Educational Services's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| Revenue | FY2026 | $590.00M – $600.00M | $590.00M – $600.00M | Reaffirmed | Aug 10, 2026 |
| RevenueGAAP | FY2026 | $580.00M – $590.00M | – | New | Feb 23, 2026 |
| Adjusted EBITDAnon-GAAP | FY2026 | $76.00M – $80.00M | $76.00M – $80.00M | Reaffirmed | Aug 10, 2026 |
| Diluted EPSGAAP | FY2026 | $0.74 – $0.83 | $0.74 – $0.83 | Reaffirmed | Aug 10, 2026 |
| Capital expenditures | FY2026 | $95.00M – $100.00M | $70.00M – $75.00M | Raised | Aug 10, 2026 |
| Capital expendituresGAAP | FY2026 | $70.00M – $75.00M | – | New | Feb 23, 2026 |
| Net incomeGAAP | FY2026 | $23.00M – $26.00M | $23.00M – $26.00M | Reaffirmed | Aug 10, 2026 |
| Student starts | FY2026 | +10% – +14% | +10% – +14% | Reaffirmed | Aug 10, 2026 |
| revenue | FY2027 | $550.00M | – | New | May 12, 2025 |
| adjusted EBITDAnon-GAAP | FY2027 | $90.00M | – | New | May 12, 2025 |
Guidance history
Every forecast Lincoln Educational Services put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 10, 2026 | Capital expenditures | FY2026 | $95.00M – $100.00M | Raised |
| Aug 10, 2026 | Adjusted EBITDA | FY2026 | $76.00M – $80.00M | Reaffirmed |
| Aug 10, 2026 | Diluted EPS | FY2026 | $0.74 – $0.83 | Reaffirmed |
| Aug 10, 2026 | Student starts | FY2026 | +10% – +14% | Reaffirmed |
| Aug 10, 2026 | Net income | FY2026 | $23.00M – $26.00M | Reaffirmed |
| Aug 10, 2026 | Revenue | FY2026 | $590.00M – $600.00M | Reaffirmed |
| May 11, 2026 | Capital expenditures | FY2026 | $70.00M – $75.00M | New |
| May 11, 2026 | Adjusted EBITDA | FY2026 | $76.00M – $80.00M | Raised |
| May 11, 2026 | Diluted EPS | FY2026 | $0.74 – $0.83 | Raised |
| May 11, 2026 | Student starts | FY2026 | +10% – +14% | Raised |
| May 11, 2026 | Net income | FY2026 | $23.00M – $26.00M | Raised |
| May 11, 2026 | Revenue | FY2026 | $590.00M – $600.00M | New |
| Feb 23, 2026 | Capital expenditures | FY2026 | $70.00M – $75.00M | New |
| Feb 23, 2026 | Adjusted EBITDA | FY2026 | $72.00M – $76.00M | New |
| Feb 23, 2026 | Diluted EPS | FY2026 | $0.64 – $0.74 | New |
| Feb 23, 2026 | Student starts | FY2026 | +8% – +13% | New |
| Feb 23, 2026 | Net income | FY2026 | $20.00M – $23.00M | New |
| Feb 23, 2026 | Revenue | FY2026 | $580.00M – $590.00M | New |
| May 12, 2025 | adjusted EBITDA | FY2027 | $90.00M | New |
| May 12, 2025 | revenue | FY2027 | $550.00M | New |
| Nov 12, 2024 | Capital expenditures | FY2024 | $50.00M – $55.00M | Raised |
| Nov 12, 2024 | Adjusted EBITDA | FY2024 | $41.00M – $43.00M | Raised |
| Nov 12, 2024 | Student Starts | FY2024 | +13% – +15% | Raised |
| Nov 12, 2024 | Adjusted net income | FY2024 | $16.00M – $18.00M | Raised |
| Nov 12, 2024 | Revenue | FY2024 | $430.00M – $435.00M | Raised |
| Aug 8, 2024 | Capital expenditures | FY2024 | $45.00M – $55.00M | New |
| Aug 8, 2024 | Adjusted EBITDA | FY2024 | $39.00M – $42.00M | Raised |
| Aug 8, 2024 | Starts | FY2024 | +9% – +12% | Raised |
| Aug 8, 2024 | Adjusted net income | FY2024 | $14.00M – $17.00M | Raised |
| Aug 8, 2024 | Revenue | FY2024 | $423.00M – $430.00M | Raised |
| May 6, 2024 | Capital expenditures | FY2024 | $65.00M – $70.00M | Reaffirmed |
| May 6, 2024 | Adjusted EBITDA | FY2024 | $37.00M – $42.00M | Raised |
| May 6, 2024 | Starts | FY2024 | +7% – +12% | Reaffirmed |
| May 6, 2024 | Adjusted net income | FY2024 | $12.00M – $17.00M | Raised |
| May 6, 2024 | Revenue | FY2024 | $418.00M – $428.00M | Raised |
| Feb 26, 2024 | Capital expenditures | FY2024 | $65.00M – $70.00M | New |
| Feb 26, 2024 | Adjusted EBITDA | FY2024 | $35.00M – $40.00M | New |
| Feb 26, 2024 | Starts | FY2024 | +7% – +12% | New |
| Feb 26, 2024 | Adjusted net income | FY2024 | $10.00M – $15.00M | New |
| Feb 26, 2024 | Revenue | FY2024 | $410.00M – $420.00M | New |
| Nov 6, 2023 | Capital expenditures | FY2023 | $30.00M – $33.00M | Lowered |
| Nov 6, 2023 | Adjusted EBITDA | FY2023 | $24.00M – $26.00M | Raised |
| Nov 6, 2023 | Student start growth | FY2023 | +8% – +11% | Raised |
| Nov 6, 2023 | Adjusted net income | FY2023 | $12.00M – $14.00M | Raised |
| Nov 6, 2023 | Revenue | FY2023 | $370.00M – $375.00M | Raised |
| Aug 8, 2023 | capital expenditures | FY2023 | $35.00M – $40.00M | Reaffirmed |
| Aug 8, 2023 | Adjusted EBITDA | FY2023 | $22.00M – $26.00M | Raised |
| Aug 8, 2023 | Student start growth | FY2023 | +6% – +10% | Raised |
| Aug 8, 2023 | Adjusted Net income | FY2023 | $10.00M – $13.00M | Raised |
| Aug 8, 2023 | Revenue | FY2023 | $360.00M – $370.00M | Raised |
| May 8, 2023 | capital expenditures | FY2023 | $35.00M – $40.00M | Reaffirmed |
| May 8, 2023 | Adjusted EBITDA | FY2023 | $21.00M – $25.00M | Raised |
| May 8, 2023 | student start growth | FY2023 | +5% – +10% | Reaffirmed |
| May 8, 2023 | Adjusted Net income | FY2023 | $9.00M – $12.00M | Raised |
| May 8, 2023 | Revenue | FY2023 | $355.00M – $365.00M | Raised |
| Feb 27, 2023 | Capital expenditures | FY2023 | $35.00M – $40.00M | New |
| Feb 27, 2023 | Adjusted EBITDA | FY2023 | $19.00M – $24.00M | New |
| Feb 27, 2023 | Student start growth | FY2023 | +5% – +10% | New |
| Feb 27, 2023 | Adjusted Net income | FY2023 | $7.00M – $11.00M | New |
| Feb 27, 2023 | Revenue | FY2023 | $345.00M – $360.00M | New |
| Nov 7, 2022 | Capital expenditures | FY2022 | $8.00M – $11.00M | Reaffirmed |
| Nov 7, 2022 | Adjusted EBITDA | FY2022 | $25.00M – $30.00M | Reaffirmed |
| Nov 7, 2022 | Student start decline / growth | FY2022 | -3% – +3% | Reaffirmed |
| Nov 7, 2022 | Net income | FY2022 | $10.00M – $15.00M | Reaffirmed |
| Nov 7, 2022 | Revenue | FY2022 | $340.00M – $350.00M | Reaffirmed |
| Aug 8, 2022 | Capital expenditures | FY2022 | $8.00M – $11.00M | Raised |
| Aug 8, 2022 | Adjusted EBITDA | FY2022 | $25.00M – $30.00M | Lowered |
| Aug 8, 2022 | Student start decline / growth | FY2022 | -3% – +3% | Lowered |
| Aug 8, 2022 | Net income | FY2022 | $10.00M – $15.00M | Lowered |
| Aug 8, 2022 | Revenue | FY2022 | $340.00M – $350.00M | Lowered |
| May 9, 2022 | Capital expenditures | FY2022 | $7.00M – $9.00M | Reaffirmed |
| May 9, 2022 | Adjusted EBITDA | FY2022 | $35.00M – $40.00M | Reaffirmed |
| May 9, 2022 | Student start growth | FY2022 | +5% – +10% | Reaffirmed |
| May 9, 2022 | Net Income | FY2022 | $17.00M – $22.00M | Reaffirmed |
| May 9, 2022 | Revenue | FY2022 | $350.00M – $365.00M | Reaffirmed |
| Feb 28, 2022 | Capital expenditures | FY2022 | $7.00M – $9.00M | New |
| Feb 28, 2022 | Adjusted EBITDA | FY2022 | $35.00M – $40.00M | New |
| Feb 28, 2022 | Student start growth | FY2022 | +5% – +10% | New |
| Feb 28, 2022 | Net Income | FY2022 | $17.00M – $22.00M | New |
| Feb 28, 2022 | Revenue | FY2022 | $350.00M – $365.00M | New |
| Nov 8, 2021 | Capital expenditures | FY2021 | $7.50M | New |
| Nov 8, 2021 | Adjusted EBITDA | FY2021 | $35.00M – $37.00M | New |
| Nov 8, 2021 | Student start growth | FY2021 | +7% – +8% | New |
| Nov 8, 2021 | Pre-tax Income | FY2021 | $25.00M – $27.00M | New |
| Nov 8, 2021 | Revenue growth | FY2021 | +12% – +14% | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Lincoln Educational Services filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Update
- News
- Update
- Update
- Results
- Results
- Results
- Update
- Results
- News
- Results
- Results
- Results