Filing Flows › Lincoln Educational Services (LINC) › Q2 2026 › vs Q2 2025
Lincoln Educational Services (LINC) Q2 2026 vs Q2 2025 (year over year)
Lincoln Educational Services's revenue rose $26.1M (+22%) from $116M in Q2 2025 to $143M in Q2 2026. Operating margin 2.3% against 2.5% (-0.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 2.3% | 2.5% | -0.1 pts |
| Net margin | 1.4% | 1.3% | +0.0 pts |
| Free cash flow margin | 5.3% | -22.4% | +27.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $143M | $116M | $26.1M | +22% |
| Operating profit | $3.3M | $2.9M | $434K | +15% |
| Costs & expenses | $139M | $114M | $25.7M | +23% |
| Pre-tax earnings | $2.3M | $2.1M | $185K | +9% |
| Other expense, net | $1.1M | $802K | $249K | +31% |
| Cost of revenue | $59.6M | $46.8M | $12.8M | +27% |
| SG&A | $79.6M | $67.1M | $12.6M | +19% |
| Net earnings | $1.9M | $1.6M | $392K | +25% |
| Income tax | $315K | $522K | −$207K | -40% |
| Depreciation & amortization | $7.4M | $4.3M | $3.1M | +72% |
| Share-based compensation | $1.6M | $1.3M | $272K | +20% |
| Working capital & other | $11.1M | −$6.9M | $18.0M | — |
| Operating cash flow | $22.1M | $299K | $21.8M | 74× |
| Free cash flow (OCF − capex) | $7.6M | −$26.1M | $33.7M | — |
| Capital expenditures | $14.5M | $26.4M | −$11.9M | -45% |
Questions
How much did Lincoln Educational Services's revenue grow year over year in Q2 2026?
Lincoln Educational Services's revenue rose $26.1M (+22%) from $116M in Q2 2025 to $143M in Q2 2026. Operating margin 2.3% against 2.5% (-0.1 pts).