Lincoln Educational Services (LINC) Gross Margin (2016 - 2026)
On a quarterly basis, Gross Margin rose 17.0% to 83.4% in Q1 2026 year-over-year; TTM through Mar 2026 was 94.66%, a 1740.0% increase, with the full-year FY2025 number at 83.69%, up 2499.0% from a year prior.
Lincoln Educational Services (LINC) has 16 years of Gross Margin data on record, last reported at 83.4% in Q1 2026.
- Gross Margin reached 83.4% in Q1 2026 per LINC's latest filing, down from 146.85% in the prior quarter.
- Over the last five years, Gross Margin for LINC hit a ceiling of 146.85% in Q4 2025 and a floor of 54.84% in Q2 2023.
- A 5-year average of 71.76% and a median of 60.22% in 2022 define the central range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 8465bps in 2025 and fell as far as -2261bps in 2025.
- Tracing LINC's Gross Margin over 5 years: stood at 60.22% in 2022, then fell by 0bps to 59.99% in 2023, then grew by 4bps to 62.2% in 2024, then skyrocketed by 136bps to 146.85% in 2025, then crashed by -43bps to 83.4% in 2026.
- Business Quant data shows Gross Margin for LINC 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 | 9.59 Bn | 9.55 Bn | 22.18 Mn | 72.43% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 68.04% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -6.01% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 79.28% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 36.76% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 78.77% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 46.96% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 83.40% |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 57.29% |
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% |
| Mar 31, 2021 | 58.53% |
| Dec 31, 2020 | 61.53% |
| Sep 30, 2020 | 56.53% |
| Jun 30, 2020 | 57.99% |
| Mar 31, 2020 | 56.83% |
| Dec 31, 2019 | 58.66% |
| Sep 30, 2019 | 54.25% |
| Jun 30, 2019 | 53.20% |
| Mar 31, 2019 | 52.61% |
| Dec 31, 2018 | 55.49% |
| Sep 30, 2018 | 52.21% |
| Jun 30, 2018 | 50.62% |
| Mar 31, 2018 | 50.71% |
| Dec 31, 2017 | 55.15% |
| Sep 30, 2017 | 49.38% |
| Jun 30, 2017 | 47.62% |
| Mar 31, 2017 | 49.89% |
| Dec 31, 2016 | 52.88% |
| Sep 30, 2016 | 49.45% |
| Jun 30, 2016 | 47.75% |