Lincoln Educational Services annual operating expenses
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Lincoln Educational Services Operating Expenses Growth & History (LINC)
Lincoln Educational Services's operating expenses was $487.9M for fiscal 2025.
View full Lincoln Educational Services company overviewLincoln Educational Services annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $487.9M | $63.0M | +14.84% |
| 2024 | 2024-12-31 | $424.9M | $80.2M | +23.26% |
| 2023 | 2023-12-31 | $344.7M | $12.7M | +3.83% |
| 2022 | 2022-12-31 | $332.0M | $45.9M | +16.06% |
| 2021 | 2021-12-31 | $286.1M | $7.8M | +2.79% |
| 2020 | 2020-12-31 | $278.3M | $10.2M | +3.81% |
| 2019 | 2019-12-31 | $268.1M | $950,000 | +0.36% |
| 2018 | 2018-12-31 | $267.2M | $585,000 | +0.22% |
| 2017 | 2017-12-31 | $266.6M | −$47.9M | −15.23% |
| 2016 | 2016-12-31 | $314.5M | $9.1M | +2.97% |
| 2015 | 2015-12-31 | $305.4M | $63.7M | +26.35% |
| 2014 | 2014-12-31 | $241.7M | $22.7M | +10.34% |
| 2013 | 2013-12-31 | $219.0M | −$173.9M | −44.25% |
| 2012 | 2012-12-31 | $392.9M | −$28.9M | −6.85% |
| 2011 | 2011-12-31 | $421.8M | −$68.0M | −13.89% |
| 2010 | 2010-12-31 | $489.8M | $25.6M | +5.51% |
| 2009 | 2009-12-31 | $464.2M | — | — |
Lincoln Educational Services quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $139.2M | $25.7M | +22.58% |
| Q1 2026 | 2026-03-31 | $137.6M | $23.5M | +20.56% |
| Q4 2025 | 2025-12-31 | $125.1M | $16.7M | +15.39% |
| Q3 2025 | 2025-09-30 | $135.1M | $26.5M | +24.42% |
| Q2 2025 | 2025-06-30 | $113.6M | $9.6M | +9.20% |
| Q1 2025 | 2025-03-31 | $114.1M | $10.3M | +9.89% |
| Q4 2024 | 2024-12-31 | $108.4M | $14.9M | +15.91% |
| Q3 2024 | 2024-09-30 | $108.6M | $11.0M | +11.23% |
| Q2 2024 | 2024-06-30 | $104.0M | $38.9M | +59.72% |
| Q1 2024 | 2024-03-31 | $103.8M | $15.4M | +17.45% |
| Q4 2023 | 2023-12-31 | $93.6M | $13.1M | +16.29% |
| Q3 2023 | 2023-09-30 | $97.6M | $10.7M | +12.30% |
| Q2 2023 | 2023-06-30 | $65.1M | −$16.6M | −20.33% |
| Q1 2023 | 2023-03-31 | $88.4M | $5.5M | +6.66% |
| Q4 2022 | 2022-12-31 | $80.5M | $26.7M | +49.61% |
| Q3 2022 | 2022-09-30 | $86.9M | $3.6M | +4.34% |
| Q2 2022 | 2022-06-30 | $81.7M | $4.7M | +6.15% |
| Q1 2022 | 2022-03-31 | $82.9M | $10.9M | +15.15% |
| Q4 2021 | 2021-12-31 | $53.8M | −$16.9M | −23.91% |
| Q3 2021 | 2021-09-30 | $83.3M | $8.4M | +11.16% |
| Q2 2021 | 2021-06-30 | $77.0M | $15.7M | +25.61% |
| Q1 2021 | 2021-03-31 | $72.0M | $590,000 | +0.83% |
| Q4 2020 | 2020-12-31 | $70.7M | $6.8M | +10.65% |
| Q3 2020 | 2020-09-30 | $75.0M | $4.5M | +6.39% |
| Q2 2020 | 2020-06-30 | $61.3M | −$4.4M | −6.63% |
| Q1 2020 | 2020-03-31 | $71.4M | $3.3M | +4.79% |
| Q4 2019 | 2019-12-31 | $63.9M | −$494,000 | −0.77% |
| Q3 2019 | 2019-09-30 | $70.5M | $449,000 | +0.64% |
| Q2 2019 | 2019-06-30 | $65.7M | $1.0M | +1.58% |
| Q1 2019 | 2019-03-31 | $68.1M | −$24,000 | −0.04% |
| Q4 2018 | 2018-12-31 | $64.4M | $4.7M | +7.93% |
| Q3 2018 | 2018-09-30 | $70.0M | $2.0M | +2.89% |
| Q2 2018 | 2018-06-30 | $64.6M | −$3.3M | −4.79% |
| Q1 2018 | 2018-03-31 | $68.2M | −$2.9M | −4.02% |
| Q4 2017 | 2017-12-31 | $59.6M | −$31.7M | −34.72% |
| Q3 2017 | 2017-09-30 | $68.0M | −$6.9M | −9.21% |
| Q2 2017 | 2017-06-30 | $67.9M | −$3.4M | −4.79% |
| Q1 2017 | 2017-03-31 | $71.0M | −$5.9M | −7.65% |
| Q4 2016 | 2016-12-31 | $91.3M | −$64.3M | −41.31% |
| Q3 2016 | 2016-09-30 | $74.9M | $26.8M | +55.60% |
| Q2 2016 | 2016-06-30 | $71.3M | $22.2M | +45.20% |
| Q1 2016 | 2016-03-31 | $76.9M | $24.4M | +46.43% |
| Q4 2015 | 2015-12-31 | $155.6M | — | — |
| Q3 2015 | 2015-09-30 | $48.2M | −$75.3M | −60.99% |
| Q2 2015 | 2015-06-30 | $49.1M | −$36.6M | −42.73% |
| Q1 2015 | 2015-03-31 | $52.5M | −$35.3M | −40.20% |
| Q3 2014 | 2014-09-30 | $123.5M | $81.3M | +192.96% |
| Q2 2014 | 2014-06-30 | $85.8M | $37.3M | +76.99% |
| Q1 2014 | 2014-03-31 | $87.8M | $38.6M | +78.41% |
| Q4 2013 | 2013-12-31 | $79.2M | −$156.0M | −66.31% |
| Q3 2013 | 2013-09-30 | $42.1M | −$4.3M | −9.29% |
| Q2 2013 | 2013-06-30 | $48.5M | −$12.9M | −21.02% |
| Q1 2013 | 2013-03-31 | $49.2M | −$668,000 | −1.34% |
| Q4 2012 | 2012-12-31 | $235.2M | −$340,000 | −0.14% |
| Q3 2012 | 2012-09-30 | $46.5M | −$20.1M | −30.25% |
| Q2 2012 | 2012-06-30 | $61.3M | $2.6M | +4.50% |
| Q1 2012 | 2012-03-31 | $49.9M | −$11.0M | −18.10% |
| Q4 2011 | 2011-12-31 | $235.5M | — | — |
| Q3 2011 | 2011-09-30 | $66.6M | −$68.2M | −50.60% |
| Q2 2011 | 2011-06-30 | $58.7M | −$71.1M | −54.77% |
| Q1 2011 | 2011-03-31 | $60.9M | — | — |
| Q3 2010 | 2010-09-30 | $134.8M | — | — |
| Q2 2010 | 2010-06-30 | $129.8M | — | — |
Lincoln Educational Services operating expenses trends
Over the last five fiscal years, Lincoln Educational Services's operating expenses increased from $278.3M to $487.9M, a change of $209.6M. The latest reported quarter, Q2 2026, shows $139.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lincoln Educational Services source filings ↗