Lincoln National (LNC) Other Operating Expenses (2009 - 2026)
Lincoln National's (LNC) quarterly Other Operating Expenses came in at $2.9 billion in Q2 2026, down 9.29% on a YoY basis from $3.2 billion in Q2 2025, and down 47.78% quarter-over-quarter from $5.6 billion in Q1 2026.
Analysis
Lincoln National (LNC) Other Operating Expenses (2009 - 2026) Analysis & Trends
Lincoln National (LNC) has reported Other Operating Expenses for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other 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.
- Other 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, Other Operating Expenses topped out at $6.8 billion in Q3 2022 and bottomed at $2.3 billion in Q4 2023.
- Historically, Other 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: Other Operating Expenses plunged 53.38% in 2023, then soared 117.93% in 2025.
- Over 5 years, Other 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, Other 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Manulife Financial | 75.56 Bn | 76.77 Bn | - |
| 2 | Metlife | 61.89 Bn | 34.88 Bn | 7.82 Bn |
| 3 | Sun Life Financial | 45.01 Bn | 40.41 Bn | - |
| 4 | Globe Life | 16.00 Bn | 15.24 Bn | 801.48 Mn |
| 5 | Equitable Holdings | 14.74 Bn | -2.55 Bn | 1.22 Bn |
| 6 | Brookfield Wealth Solutions | 12.45 Bn | 11.71 Mn | 1.92 Bn |
| 7 | Corebridge Financial | 9.60 Bn | -296.03 Bn | 2.79 Bn |
| 8 | Jackson Financial | 9.04 Bn | 3.56 Bn | - |
| 9 | Primerica | 8.98 Bn | 8.35 Bn | 717.74 Mn |
| 10 | Lincoln National | 8.08 Bn | -3.60 Bn | 2.62 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.90 Bn |
| Mar 31, 2026 | 5.55 Bn |
| Dec 31, 2025 | 4.01 Bn |
| Sep 30, 2025 | 4.03 Bn |
| Jun 30, 2025 | 3.20 Bn |
| Mar 31, 2025 | 5.64 Bn |
| Dec 31, 2024 | 2.96 Bn |
| Sep 30, 2024 | 4.81 Bn |
| Jun 30, 2024 | 4.06 Bn |
| Mar 31, 2024 | 2.59 Bn |
| Dec 31, 2023 | 2.31 Bn |
| Sep 30, 2023 | 3.17 Bn |
| Jun 30, 2023 | 2.33 Bn |
| Mar 31, 2023 | 4.98 Bn |
| Dec 31, 2022 | 4.24 Bn |
| Sep 30, 2022 | 6.80 Bn |
| Jun 30, 2022 | 4.55 Bn |
| Mar 31, 2022 | 2.89 Bn |
| Dec 31, 2021 | 4.38 Bn |
| Sep 30, 2021 | 4.87 Bn |