Growth Metrics

Lincoln Educational Services (LINC) Cost of Revenue (2016 - 2025)

Lincoln Educational Services (LINC) has disclosed Cost of Revenue for 15 consecutive years, with $20.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 54.28% to $20.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $84.6 million, a 53.48% decrease, with the full-year FY2025 number at $84.6 million, down 53.48% from a year prior.
  • Cost of Revenue was $20.6 million for Q4 2025 at Lincoln Educational Services, up from -$2.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $48.1 million in Q3 2024 to a low of -$51.0 million in Q4 2022.
  • A 5-year average of $31.4 million and a median of $38.1 million in 2021 define the central range for Cost of Revenue.
  • Peak YoY movement for Cost of Revenue: tumbled 246.58% in 2022, then skyrocketed 180.45% in 2023.
  • Lincoln Educational Services' Cost of Revenue stood at $34.8 million in 2021, then crashed by 246.58% to -$51.0 million in 2022, then surged by 180.45% to $41.0 million in 2023, then increased by 9.98% to $45.1 million in 2024, then tumbled by 54.28% to $20.6 million in 2025.
  • Per Business Quant, the three most recent readings for LINC's Cost of Revenue are $20.6 million (Q4 2025), -$2.4 million (Q3 2025), and $18.9 million (Q2 2025).