Lincoln Educational Services (LINC) Operating Leases (2019 - 2026)

Lincoln Educational Services (LINC) posted quarterly 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 reported Operating Leases for 8 consecutive years, with $170.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Leases rose 25.23% year-over-year to $170.5 million; the TTM figure through Mar 2026 stood at $170.5 million (up 25.23% YoY), while the FY2025 annual figure was $162.1 million, up 16.79% from the prior year.
  • Operating Leases climbed to $170.5 million in Q1 2026 per LINC's latest filing, from $162.1 million in the prior quarter.
  • Across five years, Operating Leases topped out at $170.5 million in Q1 2026 and bottomed at $87.4 million in Q2 2022.
  • Historically, Operating Leases has averaged $114.6 million across 5 years, with a median of $101.9 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Leases jumped 87.24% — and 2023, when it dropped 2.36%.
  • Lincoln Educational Services' Operating Leases stood at $91.0 million in 2022, then fell by 2.36% to $88.9 million in 2023, then surged by 56.22% to $138.8 million in 2024, then increased by 16.79% to $162.1 million in 2025, then gained 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 $146.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 New Oriental Education & Technology 84.75 Bn 82.75 Bn 812.22 Mn
2 51Talk Online Education 7.47 Bn 7.44 Bn 22.97 Mn
3 Laureate Education 5.19 Bn 5.02 Bn 237.67 Mn
4 Graham Holdings 5.04 Bn 3.79 Bn 777.03 Mn
5 Covista 4.62 Bn 4.62 Bn 284.63 Mn
6 Grand Canyon Education 3.76 Bn 3.48 Bn 204.08 Mn
7 Stride 3.54 Bn 2.58 Bn 217.28 Mn
8 TAL Education 2.30 Bn -377.25 Mn 227.32 Mn
9 McGraw Hill 2.26 Bn 2.00 Bn 388.89 Mn
10 Lincoln Educational Services 904.76 Mn 860.58 Mn 82.93 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 171.20 Mn
Mar 31, 2026 170.53 Mn
Dec 31, 2025 162.11 Mn
Sep 30, 2025 146.43 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