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Lincoln Educational Services (LINC) Operating Expenses (2016 - 2025)

Lincoln Educational Services (LINC) has disclosed Operating Expenses for 15 consecutive years, with $125.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 15.39% to $125.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $487.9 million, a 14.84% increase, with the full-year FY2025 number at $487.9 million, up 14.84% from a year prior.
  • Operating Expenses was $125.1 million for Q4 2025 at Lincoln Educational Services, down from $135.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $135.1 million in Q3 2025 to a low of $53.8 million in Q4 2021.
  • A 5-year average of $93.8 million and a median of $91.0 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: dropped 23.91% in 2021, then soared 59.73% in 2024.
  • Lincoln Educational Services' Operating Expenses stood at $53.8 million in 2021, then surged by 49.61% to $80.4 million in 2022, then grew by 16.3% to $93.6 million in 2023, then rose by 15.91% to $108.4 million in 2024, then grew by 15.39% to $125.1 million in 2025.
  • Per Business Quant, the three most recent readings for LINC's Operating Expenses are $125.1 million (Q4 2025), $135.1 million (Q3 2025), and $113.6 million (Q2 2025).