Filing Flows › Lincoln Educational Services (LINC) › Q2 2026 › vs Q1 2026
Lincoln Educational Services (LINC) Q2 2026 vs Q1 2026 (quarter over quarter)
Lincoln Educational Services's revenue fell $1.4M (-1%) from $144M in Q1 2026 to $143M in Q2 2026. Operating margin 2.3% against 4.5% (-2.1 pts).
Lincoln Educational Services, Q2 2026: revenue $143M (+22% year over year), operating margin 2.3%, net earnings $1.9M, operating cash flow $22.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 2.3% | 4.5% | -2.1 pts |
| Net margin | 1.4% | 3.0% | -1.7 pts |
| Free cash flow margin | 5.3% | -7.0% | +12.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $143M | $144M | −$1.4M | -1% |
| Operating profit | $3.3M | $6.4M | −$3.1M | -48% |
| Costs & expenses | $139M | $138M | $1.7M | +1% |
| Pre-tax earnings | $2.3M | $5.6M | −$3.3M | -60% |
| Other expense, net | $1.1M | $807K | $244K | +30% |
| Cost of revenue | $59.6M | $58.4M | $1.2M | +2% |
| SG&A | $79.6M | $79.2M | $497K | +0.6% |
| Net earnings | $1.9M | $4.4M | −$2.4M | -55% |
| Income tax | $315K | $1.2M | −$929K | -75% |
| Depreciation & amortization | $7.4M | $7.2M | $159K | +2% |
| Share-based compensation | $1.6M | $1.4M | $171K | +12% |
| Working capital & other | $11.1M | −$8.4M | $19.6M | — |
| Operating cash flow | $22.1M | $4.6M | $17.5M | +383% |
| Free cash flow (OCF − capex) | $7.6M | −$10.1M | $17.6M | — |
| Capital expenditures | $14.5M | $14.6M | −$124K | -0.8% |
Questions
How much did Lincoln Educational Services's revenue grow quarter over quarter in Q2 2026?
Lincoln Educational Services's revenue fell $1.4M (-1%) from $144M in Q1 2026 to $143M in Q2 2026. Operating margin 2.3% against 4.5% (-2.1 pts).