Filing Flows › Lincoln National (LNC) › Operating margin
Lincoln National (LNC) operating margin by quarter
Lincoln National's operating margin was 31.7% in Q3 2026 (third quarter 2026), -4.5 pts from Q2 2026. Over the last 5 quarters it ranged from 11.5% (Q3 2025) to 36.2% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 31.7% | -4.5 pts | +20.2 pts |
| Q2 2026 | 36.2% | +17.6 pts | +15.2 pts |
| Q4 2025 | 18.6% | +7.1 pts | — |
| Q3 2025 | 11.5% | -9.5 pts | — |
| Q2 2025 | 21.0% | — | — |
Q3 2026 at a glance
Lincoln National, Q3 2026: revenue $5.5B (+20% year over year), operating margin 31.7%, net earnings $1.4B, operating cash flow $875M. The chart follows the revenue to costs, profit and cash.
Questions
What is Lincoln National's operating margin?
Lincoln National's operating margin was 31.7% in Q3 2026 (third quarter 2026), -4.5 pts from Q2 2026.
How has Lincoln National's operating margin changed?
Over the last 5 quarters it ranged from 11.5% (Q3 2025) to 36.2% (Q2 2026).