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

Lincoln National's Cost of Revenue history runs 18 years deep, the most recent figure standing at $2.1 billion for Q1 2026.

• Quarterly Cost of Revenue fell 0.63% year-over-year to $2.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.6 billion (up 18.02% YoY) and the FY2025 annual result came in at $8.0 billion, up 0.53% from the prior year.
• Cost of Revenue was $2.1 billion for Q1 2026 at Lincoln National, down from $3.8 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $3.8 billion in Q4 2025 and bottomed at -$1.1 billion in Q4 2023.
• A 5-year average of $1.6 billion and a median of $1.4 billion in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 182.71% — and 2024, when it jumped 272.35%.
• Lincoln National's Cost of Revenue stood at $1.4 billion in 2022, then sank by 182.71% to -$1.1 billion in 2023, then soared by 272.35% to $2.0 billion in 2024, then soared by 95.43% to $3.8 billion in 2025, then sank by 46.62% to $2.1 billion in 2026.
• Business Quant data shows LNC's Cost of Revenue at $2.1 billion in Q1 2026, $3.8 billion in Q4 2025, and $1.4 billion in Q3 2025.