Lincoln Educational Services annual net debt
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Lincoln Educational Services Net Debt Growth & History (LINC)
Lincoln Educational Services's net debt was $175.3M for fiscal 2025.
View full Lincoln Educational Services company overviewLincoln Educational Services annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $175.3M | $57.1M | +48.24% |
| 2024 | 2024-12-31 | $118.3M | $77.5M | +189.96% |
| 2023 | 2023-12-31 | $40.8M | −$13.8M | −25.23% |
| 2022 | 2022-12-31 | $54.6M | $40.0M | +274.15% |
| 2021 | 2021-12-31 | $14.6M | −$25.8M | −63.90% |
| 2020 | 2020-12-31 | $40.4M | −$25.2M | −38.37% |
| 2019 | 2019-12-31 | $65.5M | $28.7M | +78.12% |
| 2018 | 2018-12-31 | $36.8M | −$1.2M | −3.24% |
| 2017 | 2017-12-31 | $38.0M | $17.1M | +82.02% |
| 2016 | 2016-12-31 | $20.9M | $13.3M | +174.80% |
| 2015 | 2015-12-31 | $7.6M | −$35.6M | −82.40% |
| 2014 | 2014-12-31 | $43.2M | −$24.3M | −36.04% |
| 2013 | 2013-12-31 | $67.6M | $56.2M | +492.25% |
| 2012 | 2012-12-31 | $11.4M | $1.9M | +20.04% |
| 2011 | 2011-12-31 | $9.5M | $19.0M | — |
| 2010 | 2010-12-31 | −$9.5M | — | — |
Lincoln Educational Services quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $183.9M | $11.5M | +6.66% |
| Q1 2026 | 2026-03-31 | $189.9M | $42.2M | +28.59% |
| Q4 2025 | 2025-12-31 | $175.3M | $57.1M | +48.24% |
| Q3 2025 | 2025-09-30 | $182.2M | $65.3M | +55.79% |
| Q2 2025 | 2025-06-30 | $172.4M | $92.8M | +116.63% |
| Q1 2025 | 2025-03-31 | $147.6M | $73.6M | +99.46% |
| Q4 2024 | 2024-12-31 | $118.3M | $77.5M | +189.96% |
| Q3 2024 | 2024-09-30 | $117.0M | $55.9M | +91.48% |
| Q2 2024 | 2024-06-30 | $79.6M | $47.9M | +151.05% |
| Q1 2024 | 2024-03-31 | $74.0M | $13.7M | +22.67% |
| Q4 2023 | 2023-12-31 | $40.8M | −$13.8M | −25.23% |
| Q3 2023 | 2023-09-30 | $61.1M | $28.4M | +86.86% |
| Q2 2023 | 2023-06-30 | $31.7M | −$327,000 | −1.02% |
| Q1 2023 | 2023-03-31 | $60.3M | $24.2M | +66.80% |
| Q4 2022 | 2022-12-31 | $54.6M | $40.0M | +274.15% |
| Q3 2022 | 2022-09-30 | $32.7M | $4.5M | +16.15% |
| Q2 2022 | 2022-06-30 | $32.0M | −$11.9M | −27.09% |
| Q1 2022 | 2022-03-31 | $36.2M | −$13.5M | −27.23% |
| Q4 2021 | 2021-12-31 | $14.6M | −$25.8M | −63.90% |
| Q3 2021 | 2021-09-30 | $28.1M | −$10.4M | −26.97% |
| Q2 2021 | 2021-06-30 | $43.9M | $1.3M | +3.07% |
| Q1 2021 | 2021-03-31 | $49.7M | −$2.4M | −4.60% |
| Q4 2020 | 2020-12-31 | $40.4M | −$25.2M | −38.37% |
| Q3 2020 | 2020-09-30 | $38.5M | −$21.6M | −35.95% |
| Q2 2020 | 2020-06-30 | $42.6M | −$21.2M | −33.22% |
| Q1 2020 | 2020-03-31 | $52.1M | −$12.7M | −19.54% |
| Q4 2019 | 2019-12-31 | $65.5M | $28.7M | +78.12% |
| Q3 2019 | 2019-09-30 | $60.2M | $46.0M | +324.04% |
| Q2 2019 | 2019-06-30 | $63.8M | $42.6M | +200.93% |
| Q1 2019 | 2019-03-31 | $64.8M | $47.3M | +271.45% |
| Q4 2018 | 2018-12-31 | $36.8M | −$1.2M | −3.24% |
| Q3 2018 | 2018-09-30 | $14.2M | $4.7M | +50.26% |
| Q2 2018 | 2018-06-30 | $21.2M | −$3.6M | −14.52% |
| Q1 2018 | 2018-03-31 | $17.4M | −$3.0M | −14.73% |
| Q4 2017 | 2017-12-31 | $38.0M | $17.1M | +82.02% |
| Q3 2017 | 2017-09-30 | $9.4M | −$13.1M | −58.02% |
| Q2 2017 | 2017-06-30 | $24.8M | −$5.7M | −18.81% |
| Q1 2017 | 2017-03-31 | $20.4M | −$672,000 | −3.18% |
| Q4 2016 | 2016-12-31 | $20.9M | $13.3M | +174.80% |
| Q3 2016 | 2016-09-30 | $22.5M | −$14.9M | −39.83% |
| Q2 2016 | 2016-06-30 | $30.6M | −$5.5M | −15.35% |
| Q1 2016 | 2016-03-31 | $21.1M | −$8.8M | −29.33% |
| Q4 2015 | 2015-12-31 | $7.6M | −$35.6M | −82.40% |
| Q3 2015 | 2015-09-30 | $37.4M | $17.0M | +83.10% |
| Q2 2015 | 2015-06-30 | $36.1M | $7.9M | +28.06% |
| Q1 2015 | 2015-03-31 | $29.9M | −$3.1M | −9.38% |
| Q4 2014 | 2014-12-31 | $43.2M | −$24.3M | −36.04% |
| Q3 2014 | 2014-09-30 | $20.4M | −$8.6M | −29.69% |
| Q2 2014 | 2014-06-30 | $28.2M | −$2.9M | −9.46% |
| Q1 2014 | 2014-03-31 | $33.0M | $14.8M | +81.00% |
| Q4 2013 | 2013-12-31 | $67.6M | $56.2M | +492.25% |
| Q3 2013 | 2013-09-30 | $29.0M | $13.7M | +89.87% |
| Q2 2013 | 2013-06-30 | $31.1M | $15.3M | +96.64% |
| Q1 2013 | 2013-03-31 | $18.2M | $9.9M | +119.06% |
| Q4 2012 | 2012-12-31 | $11.4M | $1.9M | +20.04% |
| Q3 2012 | 2012-09-30 | $15.3M | $5.3M | +53.05% |
| Q2 2012 | 2012-06-30 | $15.8M | $9.9M | +164.78% |
| Q1 2012 | 2012-03-31 | $8.3M | — | — |
| Q4 2011 | 2011-12-31 | $9.5M | $19.0M | — |
| Q3 2011 | 2011-09-30 | $10.0M | — | — |
| Q2 2011 | 2011-06-30 | $6.0M | — | — |
| Q4 2010 | 2010-12-31 | −$9.5M | — | — |
Lincoln Educational Services net debt trends
Over the last five fiscal years, Lincoln Educational Services's net debt increased from $40.4M to $175.3M, a change of $135.0M. The latest reported quarter, Q2 2026, shows $183.9M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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