Lincoln National (LNC) Cash from Operations (2009 - 2026)
Lincoln National's (LNC) quarterly Cash from Operations came in at -$558.0 million in Q2 2026, down 155.08% on a YoY basis from $1.0 billion in Q2 2025, and down 504.35% quarter-over-quarter from $138.0 million in Q1 2026.
Analysis
Lincoln National (LNC) Cash from Operations (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported Cash from Operations for 18 consecutive years, with -$558.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cash from Operations fell 155.08% year-over-year to -$558.0 million; the trailing twelve-month figure through Jun 2026 stood at -$1.3 billion (down 241.88% YoY), and the FY2025 full-year result was -$167.0 million, up 91.68% from the prior year.
- Cash from Operations eased to -$558.0 million in Q2 2026 per LNC's latest filing, from $138.0 million in the prior quarter.
- Across five years, Cash from Operations topped out at $1.9 billion in Q2 2022 and bottomed at -$1.9 billion in Q4 2023.
- Historically, Cash from Operations has averaged -$58.8 million across 5 years, with a median of $92.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Cash from Operations surged 360.73% in 2022, then plunged 4125.93% in 2025.
- Over 5 years, Cash from Operations stood at $594.0 million in 2022, then tumbled by 414.48% to -$1.9 billion in 2023, then surged by 111.88% to $222.0 million in 2024, then climbed by 4.95% to $233.0 million in 2025, then tumbled by 339.48% to -$558.0 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered -$558.0 million, $138.0 million, and $233.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 62.16 Bn | 34.84 Bn | 7.82 Bn | 2.23 Bn |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | 3.00 Bn |
| 3 | Equitable Holdings | 14.62 Bn | -4.31 Bn | 1.22 Bn | 643.00 Mn |
| 4 | Jackson Financial | 9.71 Bn | 3.72 Bn | - | 1.85 Bn |
| 5 | Corebridge Financial | 9.48 Bn | -296.14 Bn | 2.79 Bn | -44.00 Mn |
| 6 | Primerica | 9.02 Bn | 8.38 Bn | 717.74 Mn | 193.82 Mn |
| 7 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | 83.86 Mn |
| 8 | Brookfield Wealth Solutions | 8.52 Bn | -4.26 Bn | 1.92 Bn | 1.26 Bn |
| 9 | Lincoln National | 8.41 Bn | -3.27 Bn | 2.62 Bn | -558.00 Mn |
| 10 | Prudential Financial | 5.23 Bn | -26.69 Bn | 7.91 Bn | 2.35 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -558.00 Mn |
| Mar 31, 2026 | 138.00 Mn |
| Dec 31, 2025 | 233.00 Mn |
| Sep 30, 2025 | -1.14 Bn |
| Jun 30, 2025 | 1.01 Bn |
| Mar 31, 2025 | -272.00 Mn |
| Dec 31, 2024 | 222.00 Mn |
| Sep 30, 2024 | -27.00 Mn |
| Jun 30, 2024 | -859.00 Mn |
| Mar 31, 2024 | -1.34 Bn |
| Dec 31, 2023 | -1.87 Bn |
| Sep 30, 2023 | 46.00 Mn |
| Jun 30, 2023 | 522.00 Mn |
| Mar 31, 2023 | -774.00 Mn |
| Dec 31, 2022 | 594.00 Mn |
| Sep 30, 2022 | 650.00 Mn |
| Jun 30, 2022 | 1.89 Bn |
| Mar 31, 2022 | 476.00 Mn |
| Dec 31, 2021 | -342.00 Mn |
| Sep 30, 2021 | 338.00 Mn |