Lincoln National (LNC-PD) Cost of Revenue (2009 - 2026)

Lincoln National has reported Cost of Revenue for 18 years, with the latest figure at $2.1 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue fell 0.63% year-over-year to $2.1 billion; the trailing twelve-month figure through Mar 2026 stood at $6.9 billion (up 648.91% YoY), and the FY2025 full-year result was $5.5 billion, up 157.22% from the prior year.
• Cost of Revenue for Q1 2026 stood at $2.1 billion, up from $1.4 billion in the prior quarter.
• The five-year high for Cost of Revenue was $2.3 billion in Q1 2023, with the low at -$3.8 billion in Q4 2024.
• Historically, Cost of Revenue has averaged $1.2 billion across 5 years, with a median of $2.0 billion in 2022.
• Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 200.55% — and 2025, when it surged 136.7%.
• Lincoln National's Cost of Revenue stood at $2.0 billion in 2022, then plunged by 200.55% to -$2.0 billion in 2023, then sank by 90.73% to -$3.8 billion in 2024, then surged by 136.7% to $1.4 billion in 2025, then surged by 47.1% to $2.1 billion in 2026.
• The last three Cost of Revenue figures came in at $2.1 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.