Lincoln Educational Services (LINC) Research & Development (2024 - 2026)
Lincoln Educational Services (LINC) posted quarterly Research & Development of $23.9 million for Q1 2026, up 21.3% year-over-year from $19.7 million in Q1 2025, and up 15.84% quarter-over-quarter from $20.6 million in Q4 2025.
Analysis
Lincoln Educational Services (LINC) Research & Development (2024 - 2026) Analysis & Trends
Lincoln Educational Services (LINC) has reported Research & Development for 3 consecutive years, with $23.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 21.3% year-over-year to $23.9 million; the TTM figure through Mar 2026 stood at $88.7 million (up 18.05% YoY), while the FY2025 annual figure was $84.6 million, up 12.38% from the prior year.
- Research & Development improved to $23.9 million in Q1 2026 per LINC's latest filing, from $20.6 million in the prior quarter.
- Across five years, Research & Development topped out at $25.3 million in Q3 2025 and bottomed at $17.0 million in Q4 2024.
- Historically, Research & Development has averaged $20.4 million across 3 years, with a median of $19.8 million in 2024.
- On a YoY basis, Research & Development climbed as much as 24.29% in 2025 and fell as far as 0.29% in 2025.
- Lincoln Educational Services' Research & Development stood at $17.0 million in 2024, then gained by 21.26% to $20.6 million in 2025, then gained by 15.84% to $23.9 million in 2026.
- Business Quant data shows LINC's Research & Development at $23.9 million in Q1 2026, $20.6 million in Q4 2025, and $25.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.32 Bn | 91.58 Bn | 812.22 Mn | 262.52 Mn |
| 2 | Laureate Education | 5.12 Bn | 4.96 Bn | 237.67 Mn | - |
| 3 | Graham Holdings | 4.82 Bn | 3.57 Bn | 777.03 Mn | - |
| 4 | Covista | 4.55 Bn | 4.14 Bn | 284.63 Mn | - |
| 5 | Grand Canyon Education | 3.98 Bn | 3.71 Bn | 204.08 Mn | - |
| 6 | Stride | 3.68 Bn | 2.72 Bn | 217.28 Mn | - |
| 7 | McGraw Hill | 2.51 Bn | 2.32 Bn | 439.20 Mn | - |
| 8 | Perdoceo Education | 2.07 Bn | 765.11 Mn | 162.46 Mn | - |
| 9 | TAL Education | 1.94 Bn | -739.66 Mn | 227.32 Mn | 125.95 Mn |
| 10 | Lincoln Educational Services | 801.77 Mn | 757.59 Mn | 82.93 Mn | 24.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.75 Mn |
| Mar 31, 2026 | 23.90 Mn |
| Dec 31, 2025 | 20.63 Mn |
| Sep 30, 2025 | 25.35 Mn |
| Jun 30, 2025 | 18.87 Mn |
| Mar 31, 2025 | 19.70 Mn |
| Dec 31, 2024 | 17.01 Mn |
| Sep 30, 2024 | 20.39 Mn |
| Jun 30, 2024 | 18.07 Mn |
| Mar 31, 2024 | 19.76 Mn |