Filing Flows › Lincoln National (LNC) › Q2 2026 › vs Q1 2026
Lincoln National (LNC) Q2 2026 vs Q1 2026 (quarter over quarter)
Lincoln National's revenue fell $764M (-14%) from $5.3B in Q1 2026 to $4.5B in Q2 2026. Operating margin 36.2% against -4.6% (+40.8 pts).
Lincoln National, Q2 2026: revenue $4.5B (+12% year over year), operating margin 36.2%, net earnings $1.3B, operating cash flow −$558M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 36.2% | -4.6% | +40.8 pts |
| Net margin | 29.3% | -3.2% | +32.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.5B | $5.3B | −$764M | -14% |
| Operating profit | $1.6B | −$246M | $1.9B | — |
| Costs & expenses | $2.9B | $5.6B | −$2.7B | -48% |
| Pre-tax earnings | $1.6B | −$246M | $1.9B | — |
| Net earnings | $1.3B | −$172M | $1.5B | — |
| Income tax | $311M | −$74.0M | $385M | — |
| Operating cash sources | $1.9B | −$310M | $2.2B | — |
| Cash used in operations | $558M | −$138M | $696M | — |
| Working capital & other | $1.9B | −$310M | $2.2B | — |
Questions
How much did Lincoln National's revenue grow quarter over quarter in Q2 2026?
Lincoln National's revenue fell $764M (-14%) from $5.3B in Q1 2026 to $4.5B in Q2 2026. Operating margin 36.2% against -4.6% (+40.8 pts).