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Lincoln Educational Services Corporation LINC Campus Operations — Cost Of Goods And Services Depreciation

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Other financials

Income statement

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Revenue$142.6M+22.4%
Gross profit$82.9M+19.0%
Operating income$3.3M+15.1%
Net income$1.9M+25.2%
EPS (diluted)$0.06+20.0%

Balance sheet

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Cash & equivalents$44.2M+165%
Total debt$228.6M+20.9%
Total equity$202.4M+12.0%
Total assets$529.8M+18.4%

Cash flow

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Operating cash flow$22.1M+7,280%
CapEx$14.5M-45.0%
Free cash flow-$10.1M+64.4%

Valuation

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Market cap$1.3B+104%
Enterprise value$1.48B+83.4%
P/E57×+12.4×
P/S2.3×+0.9×

Profitability

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Gross margin59.8%-0.1pp
Operating margin5.9%+1.0pp
Net margin4%+0.9pp
FCF margin-16%

Returns & leverage

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Return on equity11.9%+3.6pp
Debt / equity1.1×+0.1×
Current ratio+0.1×

Where this comes from

Reported directly by Lincoln Educational Services Corporation in its filing.

Tagged under the XBRL concept linc:CostOfGoodsAndServicesDepreciation.

The source filing: Lincoln Educational Services Corporation’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 2:57 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001140361-26-031995
Line itemThree Months Ended June 30, / Consolidated / 2026Three Months Ended June 30, / Consolidated / 2025Three Months Ended June 30, / Campus Operations / 2026Three Months Ended June 30, / Campus Operations / 2025Three Months Ended June 30, / Corporate / 2026Three Months Ended June 30, / Corporate / 2025
Student services7,9036,3637,9036,363--
Provision for credit losses16,03513,17716,03513,177--
Administrative30,83228,48412,70712,21818,12516,266
Depreciation and amortization134165--134165
Selling, general and administrative79,64967,06161,39050,63018,25916,431
Gain on sale of assets(33)(256)(10)(256)(23)-
Total costs and expenses139,248113,596121,01297,16518,23616,431
OPERATING INCOME (LOSS)$3,312$2,878$21,54819,309$(18,236)(16,431)

Item 1.

FAQ

What is Lincoln Educational Services Corporation's campus operations — cost of goods and services depreciation?
Lincoln Educational Services Corporation (LINC) reported campus operations — cost of goods and services depreciation of $0 in Q2 2026.
What does campus operations — cost of goods and services depreciation mean?
This metric represents the non-cash expense allocated to the wear and tear of tangible assets specifically utilized within the campus operations segment. It reflects the systematic allocation of the cost of physical educational infrastructure over its useful life.

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