Lincoln Educational Services (LINC) Gross Margin (2011 - 2026)
Lincoln Educational Services (LINC) posted quarterly Gross Margin of 59.44% for Q1 2026, down 22.0% year-over-year from 76.2% in Q1 2025, and down 4.55% quarter-over-quarter from 62.27% in Q4 2025.
Lincoln Educational Services (LINC) Gross Margin (2011 - 2026) Analysis & Trends
Lincoln Educational Services (LINC) has reported Gross Margin for 16 consecutive years, with 59.44% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 22.0% year-over-year to 59.44%; the TTM figure through Mar 2026 stood at 60.28% (up 126.0% YoY), while the FY2025 annual figure was 60.37%, up 167.0% from the prior year.
- Gross Margin eased to 59.44% in Q1 2026 per LINC's latest filing, from 62.27% in the prior quarter.
- Across five years, Gross Margin topped out at 62.27% in Q4 2025 and bottomed at 54.84% in Q2 2023.
- Historically, Gross Margin has averaged 58.34% across 5 years, with a median of 58.38% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 238 bps — and 2025, when it soared 410 bps.
- Lincoln Educational Services' Gross Margin stood at 60.22% in 2022, then dropped by 0 bps to 59.99% in 2023, then increased by 4 bps to 62.2% in 2024, then grew by 0 bps to 62.27% in 2025, then decreased by 5 bps to 59.44% in 2026.
- Business Quant data shows LINC's Gross Margin at 59.44% in Q1 2026, 62.27% in Q4 2025, and 59.49% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 53.10% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 73.66% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 38.59% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 59.66% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 56.77% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 77.29% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 34.16% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 83.86% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 52.92% |
| 10 | Lincoln Educational Services | 953.53 Mn | 909.35 Mn | 82.93 Mn | 58.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.17% |
| Mar 31, 2026 | 59.44% |
| Dec 31, 2025 | 62.27% |
| Sep 30, 2025 | 59.49% |
| Jun 30, 2025 | 59.83% |
| Mar 31, 2025 | 59.65% |
| Dec 31, 2024 | 62.20% |
| Sep 30, 2024 | 58.00% |
| Jun 30, 2024 | 55.73% |
| Mar 31, 2024 | 58.38% |
| 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% |