Lincoln Educational Services (LINC) Gross Margin (2011 - 2026)
Lincoln Educational Services (LINC) reported Gross Margin of 83.4% for Q1 2026, up 17.0% year-over-year from 71.28% in Q1 2025, and down 43.21% quarter-over-quarter from 146.85% in Q4 2025.
Lincoln Educational Services (LINC) Gross Margin (2011 - 2026) Analysis & Trends
Lincoln Educational Services (LINC) has 16 years of Gross Margin data on file, last reported at 83.4% in Q1 2026.
- Gross Margin for Q1 2026 came in at 83.4%, up 17.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 94.66% (up 1740.0% YoY), and the FY2025 annual result was 83.69%, up 2499.0% from the prior year.
- Gross Margin retreated to 83.4% in Q1 2026 per LINC's latest filing, from 146.85% in the prior quarter.
- Over five years, Gross Margin peaked at 146.85% in Q4 2025 and troughed at 54.84% in Q2 2023.
- A 5-year average of 71.76% and a median of 60.22% in 2022 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 8465 bps in 2025 and fell as far as 2261 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 60.22% in 2022, then slipped by 0 bps to 59.99% in 2023, then grew by 4 bps to 62.2% in 2024, then jumped by 136 bps to 146.85% in 2025, then tumbled by 43 bps to 83.4% in 2026.
- Business Quant data shows LINC's Gross Margin at 83.4% in Q1 2026, 146.85% in Q4 2025, and 82.07% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 72.43% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | -6.01% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 68.04% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 56.73% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 36.76% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 79.28% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 83.86% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 46.96% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 78.77% |
| 10 | Lincoln Educational Services | 1.43 Bn | 1.42 Bn | 120.06 Mn | 83.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 83.40% |
| Dec 31, 2025 | 146.85% |
| Sep 30, 2025 | 82.07% |
| Jun 30, 2025 | 59.83% |
| Mar 31, 2025 | 83.23% |
| Dec 31, 2024 | 62.20% |
| Sep 30, 2024 | 82.18% |
| Jun 30, 2024 | 82.44% |
| Mar 31, 2024 | 80.89% |
| Dec 31, 2023 | 59.99% |
| Sep 30, 2023 | 56.71% |
| Jun 30, 2023 | 54.84% |
| Mar 31, 2023 | 56.36% |
| Dec 31, 2022 | 60.22% |
| Sep 30, 2022 | 56.51% |
| Jun 30, 2022 | 56.04% |
| Mar 31, 2022 | 56.15% |
| Dec 31, 2021 | 60.39% |
| Sep 30, 2021 | 57.21% |
| Jun 30, 2021 | 58.13% |