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Discontinued — last reported Q1 '26

Net debt at other companies

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Cabot CorporationCBT
1.1×-0.3×
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Travel + LeisureTNL
+1.6×
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UnifirstUNF
-0.2×-0.1×
HES
Hess MidstreamHESM
3.1×-0.1×
Dave, Inc. logo
Dave, Inc.DAVE
-0.6×-1.0×
TDA
USA TODAY Co., Inc.TDAY
8.8×+4.2×

Other financials

Income statement

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Revenue$144.0M+22.5%
Gross profit$85.6M+22.1%
Operating income$6.4M+87.7%
Net income$4.4M+124%
EPS (diluted)$0.14+133%

Balance sheet

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Cash & equivalents$16.7M-41.8%
Total debt$207.0M+17.4%
Total equity$198.8M+11.8%
Total assets$486.7M+13.9%

Cash flow

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Operating cash flow$4.6M+154%
CapEx$14.6M-26.5%
Free cash flow-$10.1M+64.4%

Valuation

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Market cap$1.52B+114%
Enterprise value$1.71B+99.1%
P/E67.7×+8.8×
P/S2.8×+1.2×

Profitability

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Gross margin60.3%+1.3pp
Operating margin6.1%+1.9pp
Net margin4.1%+1.5pp
FCF margin-16%

Returns & leverage

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Return on equity11.9%+4.9pp
Debt / equity0.0×
Current ratio0.8×-0.2×

Where this comes from

Calculated from Lincoln Educational Services Corporation’s reported figures.

The official record: Lincoln Educational Services Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln Educational Services Corporation's net debt?
Lincoln Educational Services Corporation (LINC) reported net debt of $190.36M in Q1 2026.
How has Lincoln Educational Services Corporation's net debt changed year-over-year?
Lincoln Educational Services Corporation's net debt increased by 28.9% year-over-year, from $147.65M to $190.36M.
What is the long-term trend for Lincoln Educational Services Corporation's net debt?
Over 5 years (2020 to 2025), Lincoln Educational Services Corporation's net debt has grown at a 24.1% compound annual growth rate (CAGR), from $59.62M to $175.81M.
What does net debt mean?
Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.