10-Q quarterly report · filed Aug 10, 2026

LINCOLN EDUCATIONAL SERVICES CORP (LINC) Q2 2026 10-Q Quarterly Report

Short answer

LINCOLN EDUCATIONAL SERVICES CORP (LINC) filed its Q2 2026 10-Q quarterly report on Aug 10, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $143M (up 22.4% year over year) with net income of $2M.

Q2 2026 key financials · XBRL

Revenue
$143M
+22.4% YoY · −1.0% QoQ
Net income
$2M
+25.1% YoY · −55.3% QoQ
Operating margin
2.3%
EPS (diluted)
$0.06
+20.0% YoY · −57.1% QoQ

Source: XBRL data from the LINCOLN EDUCATIONAL SERVICES CORP (LINC) Q2 2026 10-Q on SEC EDGAR. USD.

LINCOLN EDUCATIONAL SERVICES CORP Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $142.6M, up 22.4% YoY from $116.5M, driven by 14.5% higher average student population
  • Operating margin 2.3% vs 2.5% YoY; net margin 1.4% vs 1.3%
  • Campus Operations operating income $21.5M vs $19.3M; Corporate loss $18.2M vs $16.4M
  • Cash $44.2M vs $16.7M; operating cash flow $26.7M vs $(8.1)M for six months
  • Capital expenditures $29.1M; credit facility capacity increased to $125.0M with $26.0M outstanding

Risk Factors

  • No specific new or additional risk factors identified for quarter ended June 30, 2026
  • Share-repurchase authorization extended through May 24, 2027
  • Approximately $29.7 million remaining under repurchase program

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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