Lincoln Educational Services Income Statement (2009-2025) | LINC

Income Statement Mar2009 Jun2009 Sep2009 Dec2009 Mar2010 Jun2010 Sep2010 Dec2010 Mar2011 Jun2011 Sep2011 Dec2011 Mar2012 Jun2012 Sep2012 Dec2012 Mar2013 Jun2013 Sep2013 Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Sep2015 Dec2015 Mar2016 Jun2016 Sep2016 Dec2016 Mar2017 Jun2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Mar2023 Jun2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025
Revenue & cost
Revenue 118.60M128.11M148.37M-369.29M152.47M152.79M167.21M-411.44M138.40M122.67M118.98M111.77M96.24M91.87M97.70M96.96M85.39M80.94M87.74M87.44M48.18M46.67M54.89M53.15M51.34M48.61M55.75M52.55M70.64M68.08M74.27M72.57M65.28M61.87M67.31M67.40M61.89M61.12M70.08M70.11M63.26M63.57M72.59M73.92M70.04M62.47M78.79M81.79M78.00M80.46M89.06M87.82M82.55M82.14M91.81M91.78M87.28M88.65M99.62M102.52M103.37M102.91M114.41M119.37M117.51M116.47M141.39M
Cost of Revenue 48.30M51.12M57.65M54.23M58.87M58.12M63.30M47.04M59.02M54.62M57.42M25.59M48.99M47.18M49.43M32.68M43.57M42.40M44.38M-27.86M41.75M40.69M42.44M39.47M22.91M22.51M25.00M79.32M37.12M35.57M37.54M34.19M32.71M32.41M34.07M30.23M30.50M30.18M33.49M31.20M29.98M29.75M33.21M30.55M30.24M26.25M34.25M31.46M32.34M33.69M38.10M34.79M36.20M36.11M39.93M36.51M38.09M40.03M43.13M41.02M43.02M45.56M48.05M45.12M47.41M46.79M57.28M
Gross Profit 70.30M76.99M90.72M-423.51M93.60M94.68M103.91M-458.48M79.39M68.05M61.57M86.18M47.26M44.69M48.28M64.28M41.81M38.55M43.36M115.30M6.43M5.99M12.45M13.67M28.43M26.10M30.75M-26.77M33.52M32.51M36.72M38.38M32.57M29.46M33.24M37.17M31.39M30.94M36.59M38.91M33.28M33.82M39.38M43.36M39.80M36.23M44.54M50.33M45.65M46.77M50.95M53.03M46.36M46.04M51.88M55.27M49.19M48.62M56.49M61.50M60.34M57.35M66.36M74.25M70.10M69.68M84.11M
Operating items
Selling, General & Administrative 59.61M63.57M66.56M62.92M68.27M71.70M71.53M46.12M67.89M64.24M60.73M23.99M54.83M52.28M50.81M31.57M50.02M45.64M43.23M-22.05M46.12M45.07M41.71M35.54M29.64M26.59M22.72M70.77M40.16M35.75M37.40M35.14M38.32M35.55M35.50M29.40M37.53M34.47M36.09M33.15M38.15M35.91M37.45M33.66M41.15M35.16M40.70M39.19M39.63M43.32M45.21M40.76M46.68M45.84M46.98M42.89M50.31M51.81M54.48M52.53M60.49M57.87M63.34M62.11M66.90M67.06M77.81M
Other Operating Expenses -0.00M-0.01M0.00M0.04M0.00M-0.01M-0.00M0.02M-0.03M0.00M23.50M0.03M0.01M-0.01M0.04M43.66M0.20M0.30M-0.23M0.06M0.01M-0.12M0.04M-0.01M-0.23M1.93M0.39M0.01M0.01M-0.17M0.03M0.06M1.53M0.00M-0.12M0.01M-0.43M-0.00M0.21M0.36M-0.00M0.10M-0.00M-0.01M32.34M22.48M36.20M0.20M-0.02M-0.00M30.93M-0.01M-0.01M-0.31M-0.60M0.01M-1.22M0.22M0.26M-0.01M
Operating Expenses 107.91M114.68M124.22M-329.31M127.15M129.81M134.84M-359.84M126.88M118.89M128.53M47.48M103.79M113.69M100.24M75.18M93.67M91.66M87.31M-53.59M87.81M85.75M123.47M76.54M52.51M49.11M48.16M151.64M76.89M71.31M74.94M91.33M71.01M67.90M68.04M59.63M68.15M64.64M70.00M64.36M68.13M65.66M70.45M63.86M71.39M61.31M74.95M70.67M71.98M77.01M83.31M53.77M82.88M81.75M86.93M80.45M88.40M65.13M97.62M93.56M103.82M104.03M108.59M108.44M114.09M113.60M135.10M
Operating Income 10.69M13.43M24.15M-39.98M25.32M22.98M32.38M-51.60M18.48M9.34M-5.04M12.17M-2.63M-16.66M1.82M4.74M-7.41M-9.91M1.22M12.64M-8.61M-9.36M-39.48M8.91M-4.84M-4.38M5.87M3.90M-6.24M-3.23M-0.67M-18.77M-5.73M-6.03M-0.73M7.77M-6.26M-3.52M0.08M5.76M-4.86M-2.09M2.14M10.05M-1.35M1.16M3.84M11.13M6.02M3.45M5.75M34.04M-0.33M0.40M4.88M11.33M-1.12M23.52M2.00M8.96M-0.46M-1.12M5.82M10.93M3.41M2.88M6.29M
EBIT 10.69M13.43M24.15M-39.98M25.32M22.98M32.38M-51.60M18.48M9.34M-5.04M12.17M-2.63M-16.66M1.82M4.74M-7.41M-9.91M1.22M12.64M-8.61M-9.36M-39.48M8.91M-4.84M-4.38M5.87M3.90M-6.24M-3.23M-0.67M-18.77M-5.73M-6.03M-0.73M7.77M-6.26M-3.52M0.08M5.76M-4.86M-2.09M2.14M10.05M-1.35M1.16M3.84M11.13M6.02M3.45M5.75M34.04M-0.33M0.40M4.88M11.33M-1.12M23.52M2.00M8.96M-0.46M-1.12M5.82M10.93M3.41M2.88M6.29M
Non-operating items
Interest & Investment Income 0.00M0.01M0.02M0.00M0.00M0.02M0.01M0.00M0.00M0.00M0.00M0.01M0.00M0.00M0.01M0.02M0.06M0.02M0.05M0.03M0.01M0.01M0.02M0.01M0.06M0.01M0.07M0.01M0.03M0.01M0.01M0.01M0.01M0.01M0.01M0.01M0.00M0.00M0.00M0.00M0.32M0.47M0.55M0.88M0.74M0.70M0.64M0.46M0.30M0.11M0.01M
Other Non Operating Income 0.01M0.01M0.01M0.01M0.05M-0.01M0.00M0.01M0.01M0.00M0.00M0.01M0.00M0.00M0.00M0.02M0.15M0.15M0.22M0.36M0.20M3.37M1.75M1.68M1.68M1.68M
Non Operating Income 0.01M-0.01M
Net income details
EBT 9.69M12.35M23.05M39.02M24.13M21.95M31.29M33.16M17.39M8.25M-6.13M11.09M-3.94M-17.71M0.77M3.67M-8.49M-11.07M0.15M11.76M-9.87M-10.53M-40.92M7.61M-6.09M-5.54M4.00M4.38M-6.02M-3.09M-0.42M-18.58M-10.88M-6.72M-1.44M7.28M-6.82M-4.05M-0.55M5.08M-5.42M-2.92M1.39M9.23M-1.70M0.83M3.56M10.81M5.73M3.15M5.45M32.90M-0.37M0.36M4.84M11.60M-0.67M24.03M2.85M9.43M-0.33M-1.15M5.63M10.56M2.83M2.08M5.29M
Tax Provisions 3.87M4.92M9.39M16.68M9.67M8.75M12.40M-75.67M7.04M3.32M-2.20M4.89M-1.76M-3.87M-0.32M3.15M-3.21M-4.39M0.07M27.12M0.42M0.42M-5.56M0.49M0.05M0.05M0.05M0.09M0.05M0.05M0.05M0.05M0.05M0.05M0.05M-0.42M0.05M0.05M0.05M0.05M0.05M0.14M0.05M0.02M0.10M0.10M-35.30M1.25M0.73M1.61M8.93M-0.64M0.10M1.30M3.00M-0.60M6.80M0.80M2.63M-0.11M-0.46M1.67M5.96M0.88M0.52M1.50M
Profit After Tax 5.82M7.43M13.66M22.33M14.46M13.20M18.88M23.19M10.36M5.00M-3.93M7.29M-3.06M-20.71M2.28M-11.94M-7.49M-9.38M-2.28M-32.15M-11.09M-11.60M-38.08M4.64M-6.88M-7.61M5.22M8.56M-6.07M-3.14M-0.47M-18.63M-10.93M-6.77M-1.49M7.71M-6.87M-4.10M-0.60M5.03M-5.47M-3.06M1.34M9.21M-1.75M0.78M3.51M46.02M4.49M2.43M3.84M23.96M0.27M0.26M3.54M8.56M-0.11M17.25M2.06M6.79M-0.21M-0.68M3.95M6.83M1.94M1.55M3.80M
Income from Continuing Operations 5.82M7.43M13.66M22.33M14.46M13.20M18.88M108.83M10.36M4.93M-3.93M6.20M-2.18M-13.84M1.09M0.52M-5.28M-6.69M0.08M-15.36M-10.29M-10.94M-35.36M7.11M-6.14M-5.59M3.96M4.29M-6.07M-3.14M-0.47M-18.63M-10.93M-6.77M-1.49M7.71M-6.87M-4.10M-0.60M5.03M-5.47M-3.06M1.34M9.21M-1.80M0.83M3.46M46.11M4.49M2.43M3.84M23.98M0.27M0.26M3.54M8.60M-0.07M17.23M2.05M6.79M-0.21M-0.68M3.95M4.59M1.94M1.55M3.80M
Consolidated Net Income 5.82M7.43M13.66M22.33M14.46M13.20M18.88M108.83M0.20M-0.07M-2.59M-1.11M-1.48M-9.64M-3.77M-6.61M-2.60M-3.10M-2.84M-11.62M-1.29M-2.73M-37.82M0.53M-2.10M-3.44M-2.64M4.68M-1.43M-1.50M-2.17M-18.71M-10.93M-6.77M-1.49M7.71M-6.87M-4.10M-0.60M5.03M-5.47M-3.06M1.34M9.21M-1.80M0.83M3.46M46.11M4.49M2.43M3.84M23.98M0.27M0.26M3.54M8.60M-0.07M17.23M2.05M6.79M-0.21M-0.68M3.95M4.59M1.94M1.55M3.80M
Income towards Parent Company 5.82M7.43M13.66M22.33M14.46M13.20M18.88M108.83M0.20M-0.07M-2.59M-1.11M-1.48M-9.64M-3.77M-6.61M-2.60M-3.10M-2.84M-11.62M-1.29M-2.73M-37.82M0.53M-2.10M-3.44M-2.64M4.68M-1.43M-1.50M-2.17M-18.71M-10.93M-6.77M-1.49M7.71M-6.87M-4.10M-0.60M5.03M-5.47M-3.06M1.34M9.21M-1.80M0.83M3.46M46.11M4.49M2.43M3.84M23.98M0.27M0.26M3.54M8.60M-0.07M17.23M2.05M6.79M-0.21M-0.68M3.95M4.59M1.94M1.55M3.80M
Preferred Dividend Payments 1.07M0.30M0.30M0.30M0.30M0.31M0.30M0.30M0.30M0.20M
Net Income towards Common Stockholders 5.82M7.43M13.66M22.33M14.46M13.20M18.88M108.83M0.20M-0.07M-2.59M-1.11M-1.48M-9.64M-3.77M-6.61M-2.60M-3.10M-2.84M-11.62M-1.29M-2.73M-37.82M0.53M-2.10M-3.44M-2.64M4.68M-1.43M-1.50M-2.17M-18.71M-10.93M-6.77M-1.49M7.71M-6.87M-4.10M-0.60M5.03M-5.47M-3.06M1.34M9.21M-1.75M0.78M2.44M45.72M4.18M2.12M3.54M23.66M-0.03M-0.04M3.24M8.36M-0.11M17.25M2.06M6.79M-0.21M-0.68M3.95M4.59M1.94M1.55M3.80M
Additional items
EPS (Basic) 0.03M0.01M0.01M0.850.03M0.510.774.460.010.00-117.58-0.05-0.07-0.93-0.07-0.33-0.42-0.10-1.43-0.49-0.52-1.67241.94-0.30-0.330.220.03M-0.26-0.13-0.02-0.02M-0.46-0.28-0.060.02M-0.28-0.17-0.020.21-0.22-0.120.050.37-0.080.020.081.850.130.060.110.740.000.100.260.000.570.070.22-0.01-0.020.130.150.060.050.12
EPS (Weighted Average and Diluted) 0.220.270.500.820.550.500.764.350.010.00-117.00-0.05-0.07-0.93-0.07-0.33-0.42-0.10-1.43-0.49-0.52-1.670.02-0.30-0.330.220.20-0.26-0.13-0.02-0.80-0.46-0.28-0.060.31-0.28-0.17-0.020.21-0.22-0.120.050.37-0.080.020.081.850.130.060.110.740.000.100.260.000.570.070.22-0.01-0.020.130.150.060.050.12
Shares Outstanding (Weighted Average) 230.00510.000.00M26.34M570.0025.78M0.00M24.42M21.94M21.99M0.02M22.02M22.14M0.00M23.13M140.0023.45M0.00M23.61M23.96M24.02M480.0024.14M24.49M24.53M23.91M24.55M24.75M25.96M25.69M25.88M30.04M30.14M30.16M30.11M30.30M30.66M30.68M30.58M30.81M30.99M
Shares Outstanding (Diluted Average) 26.45M27.22M27.37M27.09M26.34M26.44M0.03M25.02M22.42M22.56M0.02M22.16M22.14M22.81M23.13M23.17M23.45M23.45M23.61M23.96M24.02M24.59M24.14M24.49M24.53M23.91M24.55M24.75M25.96M25.69M25.88M30.04M30.40M30.70M30.54M30.30M30.66M31.04M30.89M31.07M31.27M
EBITDA 10.69M13.43M24.15M-39.98M25.32M22.98M32.38M-51.60M18.48M9.34M-5.04M12.17M-2.63M-16.66M1.82M4.74M-7.41M-9.91M1.22M12.64M-8.61M-9.36M-39.48M8.91M-4.84M-4.38M5.87M3.90M-6.24M-3.23M-0.67M-18.77M-5.73M-6.03M-0.73M7.77M-6.26M-3.52M0.08M5.76M-4.86M-2.09M2.14M10.05M-1.35M1.16M3.84M11.13M6.02M3.45M5.75M34.04M-0.33M0.40M4.88M11.33M-1.12M23.52M2.00M8.96M-0.21M-0.68M3.95M10.93M1.94M1.55M3.80M
Interest Expenses -1.01M-1.10M-1.13M-1.04M-1.20M-1.10M-1.09M7.91M1.09M1.09M1.09M1.09M1.31M1.05M1.05M1.06M1.09M1.20M1.09M0.89M1.32M1.18M1.64M-9.74M1.49M1.54M2.08M-13.13M1.59M1.54M1.50M-10.76M5.18M0.70M0.72M0.50M0.57M0.54M0.63M0.68M0.56M0.83M0.75M0.82M0.35M0.33M0.28M0.32M0.28M0.30M0.29M1.14M0.04M0.04M0.04M0.05M0.03M0.03M0.02M0.27M0.57M0.67M0.66M0.67M0.70M0.81M0.99M
Tax Rate 39.93%39.85%40.75%42.76%40.06%39.88%39.65%-228.16%40.46%40.27%35.93%44.13%44.72%21.85%-41.41%85.90%37.82%39.61%49.01%230.68%-4.24%-3.97%13.58%6.49%-0.82%-0.90%1.25%2.10%-0.83%-1.62%-11.88%-0.27%-0.46%-0.74%-3.47%-5.82%-0.73%-1.23%-9.09%0.98%-0.92%-4.93%3.60%0.26%-5.88%2.81%-326.52%21.71%23.11%29.60%27.13%173.71%28.25%26.84%25.88%89.02%28.29%28.04%27.94%34.56%40.44%29.75%56.50%31.21%25.14%28.24%