Filing Flows › Lincoln Educational Services (LINC) › Q3 2026 › vs Q3 2025
Lincoln Educational Services (LINC) Q3 2026 vs Q3 2025 (year over year)
Lincoln Educational Services's revenue rose $17.8M (+13%) from $141M in Q3 2025 to $159M in Q3 2026. Operating margin 4.8% against 4.4% (+0.4 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.8% | 4.4% | +0.4 pts |
| Net margin | 3.0% | 2.7% | +0.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $159M | $141M | $17.8M | +13% |
| Operating profit | $7.7M | $6.3M | $1.4M | +22% |
| Costs & expenses | $151M | $135M | $16.4M | +12% |
| Pre-tax earnings | $6.6M | $5.3M | $1.3M | +24% |
| Other expense, net | $1.1M | $991K | $118K | +12% |
| Cost of revenue | $67.1M | $57.3M | $9.8M | +17% |
| SG&A | $84.3M | $77.8M | $6.5M | +8% |
| Net earnings | $4.7M | $3.8M | $917K | +24% |
| Income tax | $1.9M | $1.5M | $376K | +25% |
| Depreciation & amortization | $7.5M | $5.0M | $2.5M | +49% |
| Share-based compensation | $1.7M | $1.5M | $185K | +12% |
| Working capital & other | $20.9M | $13.5M | $7.4M | +55% |
| Operating cash flow | $34.9M | $23.9M | $11.0M | +46% |
| Capital expenditures | $38.2M | $21.9M | $16.4M | +75% |
| Negative free cash flow (OCF − capex) | $3.4M | −$2.0M | $5.4M | — |
Questions
How much did Lincoln Educational Services's revenue grow year over year in Q3 2026?
Lincoln Educational Services's revenue rose $17.8M (+13%) from $141M in Q3 2025 to $159M in Q3 2026. Operating margin 4.8% against 4.4% (+0.4 pts).