Lincoln National (LNC) Cost of Revenue (2009 - 2026)
Lincoln National's (LNC) quarterly Cost of Revenue came in at $1.9 billion in Q2 2026, down 3.71% YoY from $2.0 billion in Q2 2025, and down 6.57% on a QoQ basis from $2.1 billion in Q1 2026.
Lincoln National (LNC) Cost of Revenue (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has 18 years of Cost of Revenue data on file, last reported at $1.9 billion in Q2 2026.
- Quarterly Cost of Revenue fell 3.71% year-over-year to $1.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $7.9 billion (down 1.2% YoY) and the FY2025 annual result came in at $8.0 billion, up 0.53% from the prior year.
- Cost of Revenue eased to $1.9 billion in Q2 2026, from $2.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $2.3 billion in Q1 2023 to a low of -$497.0 million in Q4 2023.
- A 5-year average of $1.9 billion and a median of $2.0 billion in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue sank 125.04% — and 2024, when it soared 496.38%.
- Tracing LNC's Cost of Revenue over 5 years: stood at $2.0 billion in 2022, then slumped by 125.04% to -$497.0 million in 2023, then soared by 496.38% to $2.0 billion in 2024, then grew by 0.1% to $2.0 billion in 2025, then dropped by 2.64% to $1.9 billion in 2026.
- The last three Cost of Revenue figures came in at $1.9 billion (Q2 2026), $2.1 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 70.91 Bn | 51.00 Bn | - | - |
| 2 | Metlife | 60.57 Bn | 33.25 Bn | 7.82 Bn | 11.34 Bn |
| 3 | Aflac | 58.53 Bn | -44.47 Bn | 2.27 Bn | 1.85 Bn |
| 4 | Prudential | 36.24 Bn | 27.92 Bn | - | - |
| 5 | Unum | 13.96 Bn | 4.41 Bn | 1.38 Bn | 1.99 Bn |
| 6 | Primerica | 9.20 Bn | 8.57 Bn | 717.74 Mn | 147.33 Mn |
| 7 | Jackson Financial | 9.15 Bn | 3.17 Bn | - | - |
| 8 | Lincoln National | 8.14 Bn | -3.54 Bn | 2.62 Bn | 1.92 Bn |
| 9 | Genworth Financial | 3.77 Bn | 1.78 Bn | 668.00 Mn | 1.23 Bn |
| 10 | Brighthouse Financial | 3.00 Bn | -5.06 Bn | 1.03 Bn | 591.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.92 Bn |
| Jun 30, 2026 | 1.92 Bn |
| Mar 31, 2026 | 2.06 Bn |
| Mar 31, 2026 | 2.06 Bn |
| Dec 31, 2025 | 3.85 Bn |
| Dec 31, 2025 | 3.85 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.33 Bn |
| Jun 30, 2025 | 1.33 Bn |
| Mar 31, 2025 | 2.07 Bn |
| Mar 31, 2025 | 2.07 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Dec 31, 2024 | 1.97 Bn |
| Sep 30, 2024 | 1.94 Bn |
| Sep 30, 2024 | 1.94 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Jun 30, 2024 | 1.35 Bn |
| Mar 31, 2024 | 1.60 Bn |
| Mar 31, 2024 | 1.60 Bn |