Revenue
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Lincoln Educational Services Corp (LINC)
Price$25.40Cached quote
Net income
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $518.2M | $440.1M | $378.1M | $348.3M | $335.3M | $293.1M | $273.3M | $263.2M | $261.9M | $285.6M | $306.1M | $218.0M | $215.6M | $380.2M | $456.7M | $604.8M | $552.5M |
| Gross profit | $312.9M | $258.3M | $215.8M | $199.5M | $196.4M | $170.9M | $149.8M | $137.8M | $132.4M | $141.1M | $154.5M | $114.7M | $113.1M | $201.9M | $260.1M | $377.4M | $341.2M |
| Gross margin | 60.37% | 58.70% | 57.08% | 57.29% | 58.57% | 58.31% | 54.82% | 52.37% | 50.58% | 49.42% | 50.46% | 52.62% | 52.46% | 53.11% | 56.95% | 62.41% | 61.76% |
| Operating expenses | $487.9M | $424.9M | $344.7M | $332.0M | $286.1M | $278.3M | $268.1M | $267.2M | $266.6M | $314.5M | $305.4M | $241.7M | $219.0M | $392.9M | $421.8M | $489.8M | $464.2M |
| Operating income | $30.3M | $15.2M | $33.4M | $16.3M | $49.3M | $14.8M | $5.2M | −$4.0M | −$4.7M | −$28.9M | $704,000 | −$23.7M | −$3.5M | −$12.7M | $34.9M | $115.0M | $88.3M |
| Operating margin | 5.85% | 3.45% | 8.82% | 4.67% | 14.69% | 5.04% | 1.92% | −1.50% | −1.80% | −10.13% | 0.23% | −10.85% | −1.60% | −3.35% | 7.65% | 19.01% | 15.98% |
| EBITDA | $49.5M | $26.5M | $40.0M | $22.6M | $56.4M | $22.2M | $13.4M | $4.5M | $4.0M | −$17.8M | $15.2M | −$4.3M | $20.2M | $14.1M | $63.4M | $141.2M | $112.6M |
| EBITDA margin | 9.55% | 6.02% | 10.57% | 6.50% | 16.82% | 7.57% | 4.89% | 1.70% | 1.52% | −6.25% | 4.97% | −1.98% | 9.39% | 3.71% | 13.88% | 23.35% | 20.37% |
| Net income | $20.0M | $9.9M | $26.0M | $12.6M | $34.7M | $48.6M | $2.0M | −$11.5M | −$11.5M | −$28.3M | −$3.4M | −$56.1M | −$51.3M | −$37.2M | $17.5M | $69.7M | $49.2M |
| Net profit margin | 3.86% | 2.25% | 6.88% | 3.63% | 10.35% | 16.57% | 0.74% | −4.36% | −4.39% | −9.91% | −1.09% | −25.74% | −23.79% | −9.78% | 3.84% | 11.53% | 8.91% |
| Basic EPSper basic share | $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 | $2.86 | $1.87 |
| Diluted EPSper diluted share | $0.64 | $0.32 | $0.85 | $0.36 | $1.04 | $1.49 | $0.08 | -$0.48 | -$0.48 | -$1.21 | -$0.14 | -$2.46 | -$2.28 | -$1.68 | $0.79 | $2.79 | $1.82 |
Owners
Reported shareholders
7.83%of listed shares
BlackRock, Inc.2.48M shares · Jun 30, 2026
View holders
| Holder | % owned |
|---|---|
BlackRock, Inc. | 7.83%2.48M shares |
Bartholdson John A. | ≈6.78%2.15M shares |
Juniper Investment Company, LLC | 5.46%1.73M shares |
ALLIANCEBERNSTEIN L.P. | 4.93%1.56M shares |
NEEDHAM INVESTMENT MANAGEMENT LLC | 4.18%1.33M shares |
First Eagle Investment Management, LLC | 3.88%1.23M shares |
VANGUARD CAPITAL MANAGEMENT LLC | 3.85%1.22M shares |
NEXT CENTURY GROWTH INVESTORS LLC | 3.71%1.18M shares |
SHAW SCOTT M | ≈3.48%1.1M shares |
Driehaus Capital Management LLC | 3.00%951.58K shares |
GEODE CAPITAL MANAGEMENT, LLC | 2.77%877.17K shares |
AMERICAN CENTURY COMPANIES INC | 2.57%814.08K shares |
Alyeska Investment Group, L.P. | 2.30%730.66K shares |
DIMENSIONAL FUND ADVISORS LP | 2.19%696.26K shares |
STATE STREET CORP | 2.11%668.75K shares |
LORD, ABBETT & CO. LLC | 1.94%615.48K shares |
WASATCH ADVISORS LP | 1.73%547.98K shares |
Nicholas Investment Partners, LP | 1.68%531.94K shares |
RBF Capital, LLC | 1.57%499.07K shares |
ROYCE & ASSOCIATES LP | 1.42%450.37K shares |
Percentages use 31.72M shares of this listed class outstanding on Jun 30, 2026. ≈ compares the latest reported holding with a share total from a different date; it is not a confirmed current stake.
Gray completes the 100% scale. Reported positions may overlap; holders have different reporting dates.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 15, 2026Form 4 | LUSTER ALEXANDRA MSVP and General Counsel | SellCommon Stock | 18.0K | $44.64 | $803.8K | 82.4K |
| Jun 12, 2026Form 4 | Juniper Investment Company, LLCOther | SellCommon Stock, no par value per share · indirect | 37.0K | $46.88 | $1.73M | 1.73M |
| Jun 11, 2026Form 4 | Juniper Investment Company, LLCOther | SellCommon Stock, no par value per share · indirect | 11.8K | $47.87 | $565.4K | 1.78M |
| Jun 10, 2026Form 4 | Carney Kevin MDirector | SellCommon Stock · indirect | 3.0K | $48.00 | $144.0K | 25.0K |
| Jun 5, 2026Form 4 | LUSTER ALEXANDRA MSVP and General Counsel | SellCommon Stock | 2.0K | $50.11 | $99.9K | 100.4K |