Lincoln Educational Services (LINC) EBITDA (2010 - 2026)
Lincoln Educational Services (LINC) reported EBITDA of $6.4 million for Q1 2026, up 229.58% year-over-year from $1.9 million in Q1 2025, and down 48.44% quarter-over-quarter from $12.4 million in Q4 2025.
Lincoln Educational Services (LINC) EBITDA (2010 - 2026) Analysis & Trends
Lincoln Educational Services (LINC) has 17 years of EBITDA data on file, last reported at $6.4 million in Q1 2026.
- EBITDA for Q1 2026 came in at $6.4 million, up 229.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.2 million (up 95.7% YoY), and the FY2025 annual result was $19.7 million, up 93.35% from the prior year.
- EBITDA eased to $6.4 million in Q1 2026 per LINC's latest filing, from $12.4 million in the prior quarter.
- Over five years, EBITDA peaked at $23.5 million in Q2 2023 and troughed at -$16.9 million in Q4 2023.
- A 5-year average of $3.5 million and a median of $2.0 million in 2023 frame the typical range for EBITDA.
- On a YoY basis, EBITDA climbed as much as 5838.13% in 2023 and fell as far as 249.32% in 2023.
- A 5-year view of EBITDA shows it stood at $11.3 million in 2022, then tumbled by 249.32% to -$16.9 million in 2023, then jumped by 142.24% to $7.1 million in 2024, then surged by 73.94% to $12.4 million in 2025, then sank by 48.44% to $6.4 million in 2026.
- Business Quant data shows LINC's EBITDA at $6.4 million in Q1 2026, $12.4 million in Q4 2025, and $3.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.49 Bn | 7.45 Bn | 22.18 Mn | -5.19 Mn |
| 2 | Laureate Education | 5.02 Bn | 4.86 Bn | -16.39 Mn | -27.53 Mn |
| 3 | Graham Holdings | 4.93 Bn | 3.93 Bn | 841.00 Mn | 76.23 Mn |
| 4 | Covista | 4.32 Bn | 4.32 Bn | 276.31 Mn | 91.34 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 129.08 Mn |
| 6 | Grand Canyon Education | 4.00 Bn | 3.75 Bn | 244.77 Mn | 95.46 Mn |
| 7 | Universal Technical Institute | 2.15 Bn | 1.99 Bn | 103.97 Mn | 339,000.00 |
| 8 | Perdoceo Education | 2.15 Bn | 1.47 Bn | 174.68 Mn | 63.12 Mn |
| 9 | Strategic Education | 1.74 Bn | 1.59 Bn | - | 41.09 Mn |
| 10 | Lincoln Educational Services | 1.45 Bn | 1.43 Bn | 120.06 Mn | 6.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.41 Mn |
| Dec 31, 2025 | 12.43 Mn |
| Sep 30, 2025 | 3.80 Mn |
| Jun 30, 2025 | 1.55 Mn |
| Mar 31, 2025 | 1.94 Mn |
| Dec 31, 2024 | 7.14 Mn |
| Sep 30, 2024 | 3.95 Mn |
| Jun 30, 2024 | -682,000.00 |
| Mar 31, 2024 | -214,000.00 |
| Dec 31, 2023 | -16.91 Mn |
| Sep 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 23.52 Mn |
| Mar 31, 2023 | -1.12 Mn |
| Dec 31, 2022 | 11.33 Mn |
| Sep 30, 2022 | 4.88 Mn |
| Jun 30, 2022 | 396,000.00 |
| Mar 31, 2022 | -326,000.00 |
| Dec 31, 2021 | -5.30 Mn |
| Sep 30, 2021 | 5.75 Mn |
| Jun 30, 2021 | 3.45 Mn |