Growth Metrics

Lincoln National (LNC) Cost of Revenue (2016 - 2025)

Lincoln National's Cost of Revenue history spans 17 years, with the latest figure at -$3.6 billion for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 280.81% year-over-year to -$3.6 billion; the TTM value through Dec 2025 reached $2.4 billion, down 66.7%, while the annual FY2025 figure was $2.4 billion, 69.36% down from the prior year.
  • Cost of Revenue reached -$3.6 billion in Q4 2025 per LNC's latest filing, down from $1.9 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 -$3.6 billion in Q4 2025.
  • Average Cost of Revenue over 5 years is $1.4 billion, with a median of $1.9 billion recorded in 2021.
  • Peak YoY movement for Cost of Revenue: skyrocketed 496.38% in 2024, then tumbled 280.81% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $2.3 billion in 2021, then decreased by 11.82% to $2.0 billion in 2022, then plummeted by 125.04% to -$497.0 million in 2023, then surged by 496.38% to $2.0 billion in 2024, then crashed by 280.81% to -$3.6 billion in 2025.
  • Per Business Quant, the three most recent readings for LNC's Cost of Revenue are -$3.6 billion (Q4 2025), $1.9 billion (Q3 2025), and $2.0 billion (Q2 2025).