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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.88 Bn | 92.13 Bn | 812.22 Mn |
| 2 | Laureate Education | 5.13 Bn | 4.97 Bn | 237.67 Mn |
| 3 | Graham Holdings | 4.81 Bn | 3.56 Bn | 777.03 Mn |
| 4 | Covista | 4.55 Bn | 4.15 Bn | 284.63 Mn |
| 5 | Grand Canyon Education | 3.99 Bn | 3.71 Bn | 204.08 Mn |
| 6 | Stride | 3.68 Bn | 2.72 Bn | 217.28 Mn |
| 7 | McGraw Hill | 2.53 Bn | 2.33 Bn | 439.20 Mn |
| 8 | Perdoceo Education | 2.10 Bn | 795.81 Mn | 162.46 Mn |
| 9 | TAL Education | 1.95 Bn | -735.00 Mn | 227.32 Mn |
| 10 | Lincoln Educational Services | 803.64 Mn | 759.47 Mn | 82.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 171.20 Mn |
| 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 |