Filing Flows › Lincoln Educational Services (LINC) › Q3 2026 › vs Q2 2026
Lincoln Educational Services (LINC) Q3 2026 vs Q2 2026 (quarter over quarter)
Lincoln Educational Services's revenue rose $16.6M (+12%) from $143M in Q2 2026 to $159M in Q3 2026. Operating margin 4.8% against 2.3% (+2.5 pts).
Lincoln Educational Services, Q3 2026: revenue $159M (+13% year over year), operating margin 4.8%, net earnings $4.7M, operating cash flow $34.9M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 4.8% | 2.3% | +2.5 pts |
| Net margin | 3.0% | 1.4% | +1.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $159M | $143M | $16.6M | +12% |
| Operating profit | $7.7M | $3.3M | $4.4M | +132% |
| Costs & expenses | $151M | $139M | $12.2M | +9% |
| Pre-tax earnings | $6.6M | $2.3M | $4.3M | +191% |
| Other expense, net | $1.1M | $1.1M | $58K | +6% |
| Cost of revenue | $67.1M | $59.6M | $7.5M | +13% |
| SG&A | $84.3M | $79.6M | $4.7M | +6% |
| Net earnings | $4.7M | $1.9M | $2.8M | +142% |
| Income tax | $1.9M | $315K | $1.6M | +494% |
| Depreciation & amortization | $7.5M | $7.4M | $165K | +2% |
| Share-based compensation | $1.7M | $1.6M | $103K | +6% |
| Working capital & other | $20.9M | $11.1M | $9.8M | +88% |
| Operating cash flow | $34.9M | $22.1M | $12.8M | +58% |
| Capital expenditures | $38.2M | $14.5M | $23.7M | +164% |
| Negative free cash flow (OCF − capex) | $3.4M | −$7.6M | $10.9M | — |
Questions
How much did Lincoln Educational Services's revenue grow quarter over quarter in Q3 2026?
Lincoln Educational Services's revenue rose $16.6M (+12%) from $143M in Q2 2026 to $159M in Q3 2026. Operating margin 4.8% against 2.3% (+2.5 pts).