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
DateValue
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