Filing Flows › Lincoln National (LNC) › Q2 2026 › vs Q2 2025
Lincoln National (LNC) Q2 2026 vs Q2 2025 (year over year)
Lincoln National's revenue rose $498M (+12%) from $4.0B in Q2 2025 to $4.5B in Q2 2026. Operating margin 36.2% against 21.0% (+15.2 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 36.2% | 21.0% | +15.2 pts |
| Net margin | 29.3% | 17.3% | +12.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.5B | $4.0B | $498M | +12% |
| Operating profit | $1.6B | $848M | $795M | +94% |
| Costs & expenses | $2.9B | $3.2B | −$297M | -9% |
| Pre-tax earnings | $1.6B | $848M | $795M | +94% |
| Net earnings | $1.3B | $699M | $633M | +91% |
| Income tax | $311M | $149M | $162M | +109% |
| Operating cash sources | $1.9B | −$314M | $2.2B | — |
| Cash used in operations | $558M | −$1.0B | $1.6B | — |
| Working capital & other | $1.9B | −$314M | $2.2B | — |
Questions
How much did Lincoln National's revenue grow year over year in Q2 2026?
Lincoln National's revenue rose $498M (+12%) from $4.0B in Q2 2025 to $4.5B in Q2 2026. Operating margin 36.2% against 21.0% (+15.2 pts).