English

LINCOLN EDUCATIONAL SERVICES CORP

EDGAR

LINC Quarterly report (10-Q) · filed 2026-08-10

Annual consolidated revenue for 2025: about USD 518.2M, using the latest reported figures. The previous period, 2024, was about USD 440.1M.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

143 million USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 142560000 USD Source

Operating margin

2.32%

2026 Q2 · %

Exact inputs and evidence

Operating Income: 3312000 USD Source
Revenue: 142560000 USD Source

Operating cash flow

22.1 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 26633000 USD Source
Operating Cash Flow: 4566000 USD Source

Free cash flow

7.56 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 26633000 USD Source
Operating Cash Flow: 4566000 USD Source
Capital Expenditure: 29132000 USD Source
Capital Expenditure: 14628000 USD Source

Cash and cash equivalents: 44.2 million USD 2026-06-30 Source
Exact value

44178000 USD
Long-term debt including current maturities: 16.3 million U002 2021-09-30 Source
Exact value

16333000 U002
Shares outstanding: 31.7 million shares 2026-06-30 Source
Exact value

31722150 shares

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-10.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 3 of 11 periods available· newest 2025-12-31
Operating income: 3 of 11 periods available· newest 2025-12-31
Net income: 3 of 11 periods available· newest 2025-12-31
Operating cash flow: 2 of 11 periods available· newest 2025-12-31
Capital expenditure: 2 of 11 periods available· newest 2025-12-31
Total assets: 2 of 11 periods available· newest 2025-12-31
Total liabilities: 2 of 11 periods available· newest 2025-12-31
Current assets: 2 of 11 periods available· newest 2025-12-31
Current liabilities: 2 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 2 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: Multiple units; comparison withheld· newest 2020-12-31
Shares outstanding: 2 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+17.8%

Prior period

USD 440.06 million

2024-01-01 – 2024-12-31
Current period

USD 518.24 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

518241000 − 440064000 = 78177000 USD

440064000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
518241000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Year-over-year change in Revenue: 78177000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 518241000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1643125 Filing: 000114036126007380 Input fundies:Revenue: 440064000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1643674 Filing: 000114036126007380
The citation records this snapshot. The page link may show a newer release later.
Net income
+102.2%

Prior period

USD 9.89 million

2024-01-01 – 2024-12-31
Current period

USD 20 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

19998000 − 9891000 = 10107000 USD

9891000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
19998000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Year-over-year change in Net income: 10107000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 19998000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1011814 Filing: 000114036126007380 Input fundies:NetIncome: 9891000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1012495 Filing: 000114036126007380
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+102.4%

Prior period

USD 29.31 million

2024-01-01 – 2024-12-31
Current period

USD 59.31 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

59311000 − 29306000 = 30005000 USD

29306000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
59311000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Year-over-year change in Operating cash flow: 30005000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 59311000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1042135 Filing: 000114036126007380 Input fundies:OperatingCashFlow: 29306000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1042771 Filing: 000114036126007380
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+52.3%

Prior period

USD 56.87 million

2024-01-01 – 2024-12-31
Current period

USD 86.63 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

86633000 − 56866000 = 29767000 USD

56866000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
86633000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Year-over-year change in Capital expenditure: 29767000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 86633000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1044197 Filing: 000114036126007380 Input fundies:CapitalExpenditure: 56866000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1044774 Filing: 000114036126007380
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 518.24 million 100% of revenue
Operating costs Derived USD 487.93 million 94% of revenue
Operating income USD 30.31 million 5.8% of revenue
Tax, interest and other Derived USD 10.31 million 2% of revenue
Net income USD 20 million 3.9% of revenue

Cash

Operating cash flow USD 59.31 million 11% of revenue
Capital expenditure USD 86.63 million 17% of revenue
Free cash flow Derived −USD 27.32 million −5.3% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2023 91%
2024 97%
2025 94%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2023 2023-01-01 – 2023-12-31	378070000	344712000 Derived	33358000	7361000 Derived	25997000	Unavailable	Source 2023-01-01 – 2023-12-31: 378070000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 33358000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: 25997000 USD Inspect Net Income Open source
2024 2024-01-01 – 2024-12-31	440064000	424887000 Derived	15177000	5286000 Derived	9891000	-27560000 Derived	Source 2024-01-01 – 2024-12-31: 440064000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 15177000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 9891000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 29306000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 56866000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	518241000	487929000 Derived	30312000	10314000 Derived	19998000	-27322000 Derived	Source 2025-01-01 – 2025-12-31: 518241000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 30312000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: 19998000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 59311000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 86633000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 518.2M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20232023-12-31	Revenue	378070000	Revenue: 378070000 Open source
20242024-12-31	Revenue	440064000	Revenue: 440064000 Open source
20252025-12-31	Revenue	518241000	Revenue: 518241000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

17.8% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20232023-12-31	Year over year	No prior comparable period	Revenue: 378070000 Open source
20242024-12-31	Year over year	16.4%	Revenue: 440064000 Open source Revenue: 378070000 Open source
20252025-12-31	Year over year	17.8%	Revenue: 518241000 Open source Revenue: 440064000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 5.8% 2025

Net margin 3.9% 2025

Free cash flow margin -5.3% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20232023-12-31	Operating margin	8.8%	Operating Income: 33358000 Open source Revenue: 378070000 Open source
20242024-12-31	Operating margin	3.4%	Operating Income: 15177000 Open source Revenue: 440064000 Open source
20252025-12-31	Operating margin	5.8%	Operating Income: 30312000 Open source Revenue: 518241000 Open source
20232023-12-31	Net margin	6.9%	Net Income: 25997000 Open source Revenue: 378070000 Open source
20242024-12-31	Net margin	2.2%	Net Income: 9891000 Open source Revenue: 440064000 Open source
20252025-12-31	Net margin	3.9%	Net Income: 19998000 Open source Revenue: 518241000 Open source
20232023-12-31	Free cash flow margin	Not reported	Revenue: 378070000 Open source
20242024-12-31	Free cash flow margin	-6.3%	Revenue: 440064000 Open source Operating Cash Flow: 29306000 Open source Capital Expenditure: 56866000 Open source
20252025-12-31	Free cash flow margin	-5.3%	Revenue: 518241000 Open source Operating Cash Flow: 59311000 Open source Capital Expenditure: 86633000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 59.3M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20232023-12-31	Operating cash flow	Not reported	No source recorded
20242024-12-31	Operating cash flow	29306000	Operating Cash Flow: 29306000 Open source
20252025-12-31	Operating cash flow	59311000	Operating Cash Flow: 59311000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -27.3M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20232023-12-31	Free cash flow	Unavailable	No source recorded
20242024-12-31	Free cash flow	-27560000	Operating Cash Flow: 29306000 Open source Capital Expenditure: 56866000 Open source
20252025-12-31	Free cash flow	-27322000	Operating Cash Flow: 59311000 Open source Capital Expenditure: 86633000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

59.5% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2023-12-31	Liabilities / assets	Not reported	No source recorded
20242024-12-31	Liabilities / assets	59.2%	Total Liabilities: 258292000 Open source Total Assets: 436556000 Open source
20252025-12-31	Liabilities / assets	59.5%	Total Liabilities: 293476000 Open source Total Assets: 493164000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.86× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
2023-12-31	Current assets / current liabilities	Not reported	No source recorded
20242024-12-31	Current assets / current liabilities	1.23×	Current Assets: 111252000 Open source Current Liabilities: 90212000 Open source
20252025-12-31	Current assets / current liabilities	0.86×	Current Assets: 87032000 Open source Current Liabilities: 100709000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2023 2023-01-01 – 2023-12-31	USD 26 million Exact value Exact value: 25997000 USD 2023-01-01 – 2023-12-31: 25997000 USD Inspect Net Income Open source Share or cite Citation for Net Income · LINCOLN EDUCATIONAL SERVICES CORP · 2023-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Net Income: 25997000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: 25997000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#949221 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Operating cash flow + Capital expenditure is unavailable for this period.
2024 2024-01-01 – 2024-12-31	USD 9.89 million Exact value Exact value: 9891000 USD 2024-01-01 – 2024-12-31: 9891000 USD Inspect Net Income Open source Share or cite Citation for Net Income · LINCOLN EDUCATIONAL SERVICES CORP · 2024-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Net Income: 9891000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: 9891000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1012495 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.	USD 29.31 million Exact value Exact value: 29306000 USD 2024-01-01 – 2024-12-31: 29306000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · LINCOLN EDUCATIONAL SERVICES CORP · 2024-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Operating Cash Flow: 29306000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 29306000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1042771 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.	USD 56.87 million Exact value Exact value: 56866000 USD 2024-01-01 – 2024-12-31: 56866000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · LINCOLN EDUCATIONAL SERVICES CORP · 2024-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Capital Expenditure: 56866000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 56866000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1044774 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.	−USD 27.56 million Calculation and evidence 29306000 − 56866000 USD Exact free cash flow: -27560000 USD 2024-01-01 – 2024-12-31: 29306000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 56866000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · LINCOLN EDUCATIONAL SERVICES CORP · 2024-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Free cash flow: -27560000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 29306000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1042771 Filing: 000114036126007380 Input fundies:CapitalExpenditure: 56866000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1044774 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	USD 20 million Exact value Exact value: 19998000 USD 2025-01-01 – 2025-12-31: 19998000 USD Inspect Net Income Open source Share or cite Citation for Net Income · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Net Income: 19998000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: 19998000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1011814 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.	USD 59.31 million Exact value Exact value: 59311000 USD 2025-01-01 – 2025-12-31: 59311000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Operating Cash Flow: 59311000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 59311000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1042135 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.	USD 86.63 million Exact value Exact value: 86633000 USD 2025-01-01 – 2025-12-31: 86633000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Capital Expenditure: 86633000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 86633000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1044197 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.	−USD 27.32 million Calculation and evidence 59311000 − 86633000 USD Exact free cash flow: -27322000 USD 2025-01-01 – 2025-12-31: 59311000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 86633000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · LINCOLN EDUCATIONAL SERVICES CORP · 2025-12-31 LINCOLN EDUCATIONAL SERVICES CORP (edgar:1286613) Free cash flow: -27322000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T09:19:19Z Snapshot: 3e30444a4216581077c44f423ce8be06ef2be4055b160acf7d3e4d2760732832 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1286613?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 59311000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1042135 Filing: 000114036126007380 Input fundies:CapitalExpenditure: 86633000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm#1044197 Filing: 000114036126007380 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

135 filings · 10,281 latest values · 10,251 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001286613, 1286613, LINC, edgar:1286613

Also known as LINCOLN EDUCATIONAL SERVICES CORP, LINCOLN EDUCATIONAL SERVICES CORP , LINCOLN EDUCATIONAL SERVICES CORPORATION

LINCOLN EDUCATIONAL SERVICES CORP

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation