Lincoln Educational Services (LINC) Capital Expenditures (2011 - 2026)
Lincoln Educational Services (LINC) posted quarterly Capital Expenditures of $14.6 million for Q1 2026, up 1289.27% year-over-year from $1.1 million in Q1 2025, and down 20.96% quarter-over-quarter from $18.5 million in Q4 2025.
Analysis
Lincoln Educational Services (LINC) Capital Expenditures (2011 - 2026) Analysis & Trends
Lincoln Educational Services (LINC) has reported Capital Expenditures for 16 consecutive years, with $14.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures rose 1289.27% year-over-year to $14.6 million; the TTM figure through Mar 2026 stood at $102.5 million (up 81.07% YoY), while the FY2025 annual figure was $86.6 million, up 52.35% from the prior year.
- Capital Expenditures eased to $14.6 million in Q1 2026 per LINC's latest filing, from $18.5 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $47.5 million in Q2 2025 and bottomed at -$12.9 million in Q3 2023.
- Historically, Capital Expenditures has averaged $9.8 million across 5 years, with a median of $7.7 million in 2023.
- Annual changes were most pronounced in 2023 — Capital Expenditures sank 3029.3% — and 2024, when it soared 2422.61%.
- Lincoln Educational Services' Capital Expenditures stood at $9.3 million in 2022, then sank by 89.46% to $982000.0 in 2023, then jumped by 2422.61% to $24.8 million in 2024, then dropped by 25.29% to $18.5 million in 2025, then declined by 20.96% to $14.6 million in 2026.
- Business Quant data shows LINC's Capital Expenditures at $14.6 million in Q1 2026, $18.5 million in Q4 2025, and $21.9 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.30 Bn | 91.56 Bn | 812.22 Mn | - |
| 2 | Laureate Education | 5.01 Bn | 4.85 Bn | 237.67 Mn | 27.18 Mn |
| 3 | Graham Holdings | 4.80 Bn | 3.55 Bn | 777.03 Mn | 20.06 Mn |
| 4 | Covista | 4.49 Bn | 4.08 Bn | 284.63 Mn | 26.81 Mn |
| 5 | Grand Canyon Education | 3.98 Bn | 3.70 Bn | 204.08 Mn | 10.73 Mn |
| 6 | Stride | 3.66 Bn | 2.70 Bn | 217.28 Mn | 24.13 Mn |
| 7 | McGraw Hill | 2.54 Bn | 2.35 Bn | 439.20 Mn | 23.93 Mn |
| 8 | Perdoceo Education | 2.08 Bn | 772.00 Mn | 162.46 Mn | 1.55 Mn |
| 9 | TAL Education | 1.93 Bn | -755.67 Mn | 227.32 Mn | - |
| 10 | Lincoln Educational Services | 792.39 Mn | 748.21 Mn | 82.93 Mn | 14.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.50 Mn |
| Mar 31, 2026 | 14.63 Mn |
| Dec 31, 2025 | 18.51 Mn |
| Sep 30, 2025 | 21.85 Mn |
| Jun 30, 2025 | 26.39 Mn |
| Mar 31, 2025 | 19.89 Mn |
| Dec 31, 2024 | 24.77 Mn |
| Sep 30, 2024 | 19.37 Mn |
| Jun 30, 2024 | 11.04 Mn |
| Mar 31, 2024 | 1.68 Mn |
| Dec 31, 2023 | 12.01 Mn |
| Sep 30, 2023 | 17.78 Mn |
| Jun 30, 2023 | 7.65 Mn |
| Mar 31, 2023 | 3.25 Mn |
| Dec 31, 2022 | 1.93 Mn |
| Sep 30, 2022 | 3.47 Mn |
| Jun 30, 2022 | 2.53 Mn |
| Mar 31, 2022 | 1.05 Mn |
| Dec 31, 2021 | 2.28 Mn |
| Sep 30, 2021 | 1.74 Mn |