Lincoln Educational Services (LINC)
Career-school operator focused on skilled trades, automotive, health sciences, and IT programs.
$23.76
vs last close−0.46 (−1.92%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100 | 103 | 103 | 103 | 114 | 119 | 118 | 116 | 141 | 143 | 144 | 143 |
| Cost of revenue | 43 | 41 | 43 | 46 | 48 | 45 | 47 | 47 | 57 | 54 | 58 | 60 |
| Gross profit | 56 | 61 | 60 | 57 | 66 | 74 | 70 | 70 | 84 | 89 | 86 | 83 |
| 54 | 53 | 61 | 58 | 61 | 63 | 67 | 67 | 78 | 71 | 79 | 80 | |
| 54 | 53 | 60 | 58 | 63 | 62 | 67 | 67 | 78 | 71 | 79 | 56 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25 |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31 |
| Other expenses | 0 | 0 | 0 | 1 | −3 | 1 | 0 | 0 | 0 | 0 | 0 | 24 |
| Operating income | 2 | 9 | 0 | −1 | 6 | 11 | 3 | 3 | 6 | 18 | 6 | 3 |
| 1 | 0 | 0 | 0 | 0 | 0 | 0 | −1 | −1 | −2 | −1 | −1 | |
| Interest income | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest expense | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other non-operating income | 0 | −1 | −1 | −1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Income before tax | 3 | 9 | 0 | −1 | 6 | 11 | 3 | 2 | 5 | 16 | 6 | 2 |
| Income tax expense | 1 | 3 | 0 | 0 | 2 | 4 | 1 | 1 | 1 | 3 | 1 | 0 |
| Net income from continuing operations | 2 | 7 | 0 | −1 | 4 | 7 | 2 | 2 | 4 | 13 | 4 | 2 |
| Net income | 2 | 7 | 0 | −1 | 4 | 7 | 2 | 2 | 4 | 13 | 4 | 2 |
| EPS, basic | $0.07 | $0.23 | −$0.01 | −$0.02 | $0.13 | $0.22 | $0.06 | $0.05 | $0.12 | $0.42 | $0.14 | $0.06 |
| EPS, diluted | $0.07 | $0.22 | −$0.01 | −$0.02 | $0.13 | $0.22 | $0.06 | $0.05 | $0.12 | $0.42 | $0.14 | $0.06 |
| Weighted average shares, basic | 30 | 30 | 30 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| Weighted average shares, diluted | 31 | 31 | 30 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| EBITDA | 4 | 12 | 3 | 3 | 10 | 14 | 7 | 8 | 12 | 24 | 14 | 11 |
| Depreciation & amortization | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 5 | 5 | 7 | 8 | 8 |
| EBIT | 2 | 10 | 0 | 0 | 6 | 11 | 4 | 3 | 6 | 17 | 6 | 3 |