Lincoln Educational Services (LINC) Operating Leases (2019 - 2026)
Lincoln Educational Services (LINC) reported Operating Leases of $170.5 million for Q1 2026, up 25.23% year-over-year from $136.2 million in Q1 2025, and up 5.19% quarter-over-quarter from $162.1 million in Q4 2025.
Lincoln Educational Services (LINC) Operating Leases (2019 - 2026) Analysis & Trends
Lincoln Educational Services (LINC) has 8 years of Operating Leases data on file, last reported at $170.5 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $170.5 million, up 25.23% year-over-year; the trailing twelve-month figure through Mar 2026 was $170.5 million (up 25.23% YoY), and the FY2025 annual result was $162.1 million, up 16.79% from the prior year.
- Operating Leases rose to $170.5 million in Q1 2026 per LINC's latest filing, from $162.1 million in the prior quarter.
- Over five years, Operating Leases peaked at $170.5 million in Q1 2026 and troughed at $87.4 million in Q2 2022.
- A 5-year average of $115.2 million and a median of $101.9 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2023: Operating Leases jumped 87.24% in 2022, then dropped 2.36% in 2023.
- A 5-year view of Operating Leases shows it stood at $91.0 million in 2022, then declined by 2.36% to $88.9 million in 2023, then jumped by 56.22% to $138.8 million in 2024, then grew by 16.79% to $162.1 million in 2025, then rose by 5.19% to $170.5 million in 2026.
- Business Quant data shows LINC's Operating Leases at $170.5 million in Q1 2026, $162.1 million in Q4 2025, and $156.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn |
| 10 | Lincoln Educational Services | 1.43 Bn | 1.42 Bn | 120.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 170.53 Mn |
| Dec 31, 2025 | 162.11 Mn |
| Sep 30, 2025 | 156.52 Mn |
| Jun 30, 2025 | 134.49 Mn |
| Mar 31, 2025 | 136.18 Mn |
| Dec 31, 2024 | 138.80 Mn |
| Sep 30, 2024 | 131.25 Mn |
| Jun 30, 2024 | 105.93 Mn |
| Mar 31, 2024 | 101.93 Mn |
| Dec 31, 2023 | 88.85 Mn |
| Sep 30, 2023 | 91.89 Mn |
| Jun 30, 2023 | 87.65 Mn |
| Mar 31, 2023 | 90.57 Mn |
| Dec 31, 2022 | 91.00 Mn |
| Sep 30, 2022 | 92.00 Mn |
| Jun 30, 2022 | 87.37 Mn |
| Mar 31, 2022 | 90.55 Mn |
| Dec 31, 2021 | 86.41 Mn |
| Sep 30, 2021 | 49.14 Mn |
| Jun 30, 2021 | 50.63 Mn |