Lincoln Educational Services (LINC) Operating Margin (2010 - 2026)
Lincoln Educational Services (LINC) posted quarterly Operating Margin of 4.45% for Q1 2026, up 155.0% year-over-year from 1.75% in Q1 2025, and down 64.15% quarter-over-quarter from 12.41% in Q4 2025.
Lincoln Educational Services (LINC) Operating Margin (2010 - 2026) Analysis & Trends
Lincoln Educational Services (LINC) has reported Operating Margin for 17 consecutive years, with 4.45% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin rose 155.0% year-over-year to 4.45%; the TTM figure through Mar 2026 stood at 6.11% (up 192.0% YoY), while the FY2025 annual figure was 5.85%, up 240.0% from the prior year.
- Operating Margin slipped to 4.45% in Q1 2026 per LINC's latest filing, from 12.41% in the prior quarter.
- Across five years, Operating Margin topped out at 26.53% in Q2 2023 and bottomed at 1.28% in Q1 2023.
- Historically, Operating Margin has averaged 5.48% across 5 years, with a median of 4.45% in 2025.
- Annual changes were most pronounced in 2023 — Operating Margin jumped 2604 bps — and 2024, when it tumbled 2761 bps.
- Lincoln Educational Services' Operating Margin stood at 12.34% in 2022, then retreated by 29 bps to 8.74% in 2023, then advanced by 5 bps to 9.16% in 2024, then soared by 36 bps to 12.41% in 2025, then plunged by 64 bps to 4.45% in 2026.
- Business Quant data shows LINC's Operating Margin at 4.45% in Q1 2026, 12.41% in Q4 2025, and 4.45% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 5.61% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | -4.56% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 36.28% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 6.42% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 19.04% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 22.02% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 16.64% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | -1.37% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | -10.34% |
| 10 | Lincoln Educational Services | 953.53 Mn | 909.35 Mn | 82.93 Mn | 2.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.32% |
| Mar 31, 2026 | 4.45% |
| Dec 31, 2025 | 12.41% |
| Sep 30, 2025 | 4.45% |
| Jun 30, 2025 | 2.47% |
| Mar 31, 2025 | 2.90% |
| Dec 31, 2024 | 9.16% |
| Sep 30, 2024 | 5.09% |
| Jun 30, 2024 | -1.08% |
| Mar 31, 2024 | -0.44% |
| Dec 31, 2023 | 8.74% |
| Sep 30, 2023 | 2.00% |
| Jun 30, 2023 | 26.53% |
| Mar 31, 2023 | -1.28% |
| Dec 31, 2022 | 12.34% |
| Sep 30, 2022 | 5.32% |
| Jun 30, 2022 | 0.48% |
| Mar 31, 2022 | -0.39% |
| Dec 31, 2021 | 38.77% |
| Sep 30, 2021 | 6.45% |