Filing Flows › Lincoln National (LNC) › Q1 2026
Lincoln National (LNC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Lincoln National (LNC) reported revenue of $5.3B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +8% from the quarter before. Operating margin was -4.6%, net loss $172M (3.2% of revenue).
Lincoln National, Q1 2026: revenue $5.3B (+13% year over year), operating margin -4.6%, net loss $172M, operating cash flow $138M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.3B | +8% | +13% |
| Operating profit | −$246M | -127% | — |
| Net earnings | −$172M | -123% | — |
| Operating cash flow | $138M | -41% | — |
What changed
Revenue was $5.3B in Q1 2026, up 13% year over year and up 8% from the previous quarter.
Operating costs exceeded revenue by $0.25B, an operating margin of -4.6%. Total costs fell 2% while revenue rose 13%. The quarter ended with a net loss of $0.17B, after a profit of $0.75B the previous quarter.
Operating cash flow was $0.14B. Working capital and other items added $0.31B.
Questions
What was Lincoln National's revenue in the first quarter 2026?
Lincoln National (LNC) reported revenue of $5.3B for the first quarter 2026 (Q1 2026), +13% from a year earlier and +8% from the quarter before.
Was Lincoln National profitable in the first quarter 2026?
Operating loss was $246M (-4.6% of revenue) and net loss $172M.
Source: Lincoln National 10-Q on SEC EDGAR.