Growth Metrics

Lincoln Educational Services (LINC) Free Cash Flow (2016 - 2026)

On a quarterly basis, Free Cash Flow rose 64.4% to -$10.1 million in Q1 2026 year-over-year; TTM through Mar 2026 was -$9.1 million, a 76.75% increase, with the full-year FY2025 number at -$27.3 million, up 0.86% from a year prior.

Lincoln Educational Services (LINC) has 16 years of Free Cash Flow data on record, last reported at -$10.1 million in Q1 2026.

  • Free Cash Flow reached -$10.1 million in Q1 2026 per LINC's latest filing, down from $25.0 million in the prior quarter.
  • Over the last five years, Free Cash Flow for LINC hit a ceiling of $25.0 million in Q4 2025 and a floor of -$28.3 million in Q1 2025.
  • A 5-year average of -$5.2 million and a median of -$2.7 million in 2024 define the central range for Free Cash Flow.
  • Peak YoY movement for Free Cash Flow: surged 697.23% in 2023, then tumbled 864.08% in 2025.
  • Tracing LINC's Free Cash Flow over 5 years: stood at -$1.7 million in 2022, then soared by 697.23% to $9.9 million in 2023, then tumbled by 44.35% to $5.5 million in 2024, then skyrocketed by 352.36% to $25.0 million in 2025, then tumbled by 140.24% to -$10.1 million in 2026.
  • Business Quant data shows Free Cash Flow for LINC at -$10.1 million in Q1 2026, $25.0 million in Q4 2025, and $2.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 51Talk Online Education 9.59 Bn 9.55 Bn 22.18 Mn -
2 Graham Holdings 4.73 Bn 3.72 Bn 841.00 Mn 48.56 Mn
3 Laureate Education 4.69 Bn 4.53 Bn -16.39 Mn 53.60 Mn
4 Grand Canyon Education 4.19 Bn 3.94 Bn 244.77 Mn 86.48 Mn
5 Stride 3.77 Bn 2.96 Bn 231.57 Mn 183.49 Mn
6 Perdoceo Education 2.11 Bn 1.43 Bn 174.68 Mn 67.65 Mn
7 Universal Technical Institute 2.01 Bn 1.84 Bn 103.97 Mn -26.43 Mn
8 Strategic Education 1.71 Bn 1.55 Bn - 77.31 Mn
9 Lincoln Educational Services 1.46 Bn 1.44 Bn 120.06 Mn -10.06 Mn
10 American Public Education 943.17 Mn 722.17 Mn 100.11 Mn 60.78 Mn

Historic Data

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DateValue
Mar 31, 2026 -10.06 Mn
Mar 31, 2026 -10.06 Mn
Dec 31, 2025 25.00 Mn
Dec 31, 2025 25.00 Mn
Sep 30, 2025 2.03 Mn
Sep 30, 2025 2.03 Mn
Jun 30, 2025 -26.09 Mn
Jun 30, 2025 -26.09 Mn
Mar 31, 2025 -28.27 Mn
Mar 31, 2025 -28.27 Mn
Dec 31, 2024 5.53 Mn
Dec 31, 2024 5.53 Mn
Sep 30, 2024 -13.76 Mn
Sep 30, 2024 -13.76 Mn
Jun 30, 2024 -2.71 Mn
Jun 30, 2024 -2.71 Mn
Mar 31, 2024 -16.62 Mn
Mar 31, 2024 -16.62 Mn
Dec 31, 2023 9.93 Mn
Dec 31, 2023 9.93 Mn
Sep 30, 2023 -24.58 Mn
Sep 30, 2023 -24.58 Mn
Jun 30, 2023 2.97 Mn
Jun 30, 2023 2.97 Mn
Mar 31, 2023 -3.46 Mn
Mar 31, 2023 -3.46 Mn
Dec 31, 2022 -1.66 Mn
Dec 31, 2022 -1.66 Mn
Sep 30, 2022 7.13 Mn
Sep 30, 2022 7.13 Mn
Jun 30, 2022 1.85 Mn
Jun 30, 2022 1.85 Mn
Mar 31, 2022 -15.42 Mn
Mar 31, 2022 -15.42 Mn
Dec 31, 2021 7.42 Mn
Dec 31, 2021 7.42 Mn
Sep 30, 2021 14.95 Mn
Sep 30, 2021 14.95 Mn
Jun 30, 2021 7.07 Mn
Jun 30, 2021 7.07 Mn
Mar 31, 2021 -9.52 Mn
Mar 31, 2021 -9.52 Mn
Dec 31, 2020 11.24 Mn
Dec 31, 2020 11.24 Mn
Sep 30, 2020 3.27 Mn
Sep 30, 2020 3.27 Mn
Jun 30, 2020 16.63 Mn
Jun 30, 2020 16.63 Mn
Mar 31, 2020 -13.23 Mn
Mar 31, 2020 -13.23 Mn
Dec 31, 2019 3.77 Mn
Dec 31, 2019 3.77 Mn
Sep 30, 2019 3.83 Mn
Sep 30, 2019 3.83 Mn
Jun 30, 2019 -433,000.00
Jun 30, 2019 -433,000.00
Mar 31, 2019 -11.56 Mn
Mar 31, 2019 -11.56 Mn
Dec 31, 2018 3.64 Mn
Dec 31, 2018 3.64 Mn
Sep 30, 2018 4.11 Mn
Sep 30, 2018 4.11 Mn
Jun 30, 2018 -3.63 Mn
Jun 30, 2018 -3.63 Mn
Mar 31, 2018 -10.52 Mn
Mar 31, 2018 -10.52 Mn
Dec 31, 2017 4.30 Mn
Dec 31, 2017 4.30 Mn
Sep 30, 2017 1.24 Mn
Sep 30, 2017 1.24 Mn
Jun 30, 2017 -9.30 Mn
Jun 30, 2017 -9.30 Mn
Mar 31, 2017 -12.31 Mn
Mar 31, 2017 -12.31 Mn
Dec 31, 2016 1.97 Mn
Dec 31, 2016 1.97 Mn
Sep 30, 2016 8.03 Mn
Sep 30, 2016 8.03 Mn
Jun 30, 2016 -10.02 Mn
Jun 30, 2016 -10.02 Mn