Lincoln National (LNC) Operating Expenses (2009 - 2026)

Lincoln National (LNC) has reported Operating Expenses for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Expenses fell 9.29% year-over-year to $2.9 billion; the trailing twelve-month figure through Jun 2026 stood at $16.5 billion (down 0.74% YoY), and the FY2025 full-year result was $16.9 billion, up 17.02% from the prior year.
• Operating Expenses eased to $2.9 billion in Q2 2026 per LNC's latest filing, from $5.6 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $6.8 billion in Q3 2022 and bottomed at $2.3 billion in Q4 2023.
• Historically, Operating Expenses has averaged $3.9 billion across 5 years, with a median of $4.0 billion in 2025.
• The sharpest annual moves came in 2023 and 2025: Operating Expenses plunged 53.38% in 2023, then soared 117.93% in 2025.
• Over 5 years, Operating Expenses stood at $4.2 billion in 2022, then tumbled by 45.42% to $2.3 billion in 2023, then rose by 28.06% to $3.0 billion in 2024, then jumped by 35.28% to $4.0 billion in 2025, then decreased by 27.65% to $2.9 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $2.9 billion, $5.6 billion, and $4.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.