LINCOLN EDUCATIONAL SERVICES CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $518.2 | $440.1 | $378.1 | $348.3 | $335.3 |
| Operating income | $30.3 | $15.2 | $33.4 | $16.3 | $49.3 |
| Net income | $20.0 | $9.9 | $26.0 | $12.6 | $34.7 |
| Cash Flow Statement | |||||
| Free cash flow | -$27.3 | -$27.6 | -$15.1 | -$8.1 | $19.9 |
| Share repurchases | $0.0 | $0.0 | $0.9 | $9.4 | $0.0 |
Shares outstanding 31.7M · Free float 33.7%
Annual filing data through FY ended December 31, 2025; float as of August 24, 2026.