Latest revenue
$144.0M
as of 2026-03-31
Latest net income
$4.4M
as of 2026-03-31
Net margin
3.0%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.54B
- Enterprise value
- $1.54B
- P/E (trailing)
- 76.8×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $53.50
- 52-wk low
- $17.29
- Beta
- —
- Shares out
- 31.7M
5-year trend
What this company does
BUSINESS Overview Business Activities— Lincoln Educational Services Corporation and its subsidiaries (collectively, the “Company”, “we”, “our”, and “us”, as applicable) provide diversified career-oriented postsecondary education to recent high school graduates and working adults. The Company, which currently operates 22 campuses in 12 states, has entered into leases for two new campuses: one in Hicksville, New York, where programs are expected to begin by the end of 2026, and one in Rowlett, Texas, a northern suburb of Dallas, where the lease commenced in the fourth quarter of 2025, and programs are expected to begin in the first quarter of 2027. The Company offers programs in skilled…
AI summary unavailable — showing raw filing excerpt
Generated from LINC's filing dated 2026-03-02
Key risks
RISK FACTORS Investing in our Common Stock involves a high degree of risk. The risk factors described below and other information included elsewhere in this Annual Report on Form 10-K, including our Consolidated Financial Statements and related notes, are among the numerous risks faced by our Company and should be carefully considered before deciding to invest in, sell or retain shares of our Common Stock. These are factors that, individually or in the aggregate, could cause our actual results to differ materially from expected and historical results and the risks and uncertainties described below are not the only ones we face. Investors should understand that it is not possible to predict…
AI summary unavailable — showing raw filing excerpt
Generated from LINC's filing dated 2026-03-02
Profitability
Operating margin
5.8%
69.6%Net margin
3.9%
71.7%Return on equity
11.2%
89.2%Return on assets
4.1%
79.0%Leverage
Debt / equity
1.77×
9.2%Long-term debt / equity
0.17×
2.0%Debt / assets
63.9%
3.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $144.0M | +22.5% | $4.4M | +124.1% | 3.0% |
Q4 2025 2025-12-31 | $142.9M | +19.7% | $12.7M | +64.3% | 8.9% |
Q3 2025 2025-09-30 | $141.4M | +23.6% | $3.8M | +24.3% | 2.7% |
Q2 2025 2025-06-30 | $116.5M | +13.2% | $1.6M | +327.9% | 1.3% |
Q1 2025 2025-03-31 | $117.5M | +13.7% | $1.9M | +1008.4% | 1.7% |
Q4 2024 2024-12-31 | $119.4M | — | $7.7M | — | 6.5% |
Q3 2024 2024-09-30 | $114.4M | +14.8% | $3.1M | +48.1% | 2.7% |
Q2 2024 2024-06-30 | $102.9M | +16.1% | $-682.0K | -104.0% | -0.7% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Educational Services · SIC 8200
Your notes
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Insider activity
Insider buying
$0
Insider selling
$23.5M
Net activity
−$23.5M
Distinct insiders
9
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns LINC
Institutional value
$401.7M
Total shares held
10.1M
Distinct holders
95
-59 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 2.2M | $88.8M | -24.8K (-1.1%) | Trimmed |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 1.2M | $48.9M | — | New |
| 3 | WASATCH ADVISORS LP | 777.4K | $31.6M | -338.4K (-30.3%) | Trimmed |
| 4 | DIMENSIONAL FUND ADVISORS LP | 694.7K | $28.3M | -92.1K (-11.7%) | Trimmed |
| 5 | First Eagle Investment Management, LLC | 685.2K | $27.9M | -93.4K (-12.0%) | Trimmed |
| 6 | ROYCE & ASSOCIATES LP | 358.7K | $14.6M | +185.4K (+107.0%) | Added |
| 7 | HEARTLAND ADVISORS INC | 357.3K | $14.5M | -932.7K (-72.3%) | Trimmed |
| 8 | ESSEX INVESTMENT MANAGEMENT CO LLC | 355.3K | $14.5M | -33.5K (-8.6%) | Trimmed |
| 9 | VANGUARD PORTFOLIO MANAGEMENT LLC | 297.0K | $12.1M | — | New |
| 10 | JANE STREET GROUP, LLC | 243.4K | $9.9M | — | New |
| 11 | VANGUARD FIDUCIARY TRUST CO | 203.3K | $8.3M | — | New |
| 12 | Pullen Investment Management, LLC | 187.9K | $7.6M | +1.9K (+1.0%) | Added |
| 13 | Connor, Clark & Lunn Investment Management Ltd. | 185.6K | $7.6M | -2.8K (-1.5%) | Trimmed |
| 14 | North Star Investment Management Corp. | 168.3K | $6.8M | +25.0K (+17.4%) | Added |
| 15 | Journey Advisory Group, LLC | 155.3K | $6.3M | -96.4K (-38.3%) | Trimmed |
| 16 | SEI INVESTMENTS CO | 152.5K | $6.2M | +86.8K (+131.9%) | Added |
| 17 | Invesco Ltd. | 142.7K | $5.8M | -36.2K (-20.2%) | Trimmed |
| 18 | Private Advisor Group, LLC | 126.5K | $5.1M | +9.1K (+7.7%) | Added |
| 19 | NEW YORK STATE COMMON RETIREMENT FUND | 117.2K | $4.8M | +108.6K (+1262.3%) | Added |
| 20 | EAM Investors, LLC | 112.1K | $4.6M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once LINC's latest filing finishes processing.