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Segments

By segment

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Campus Operations$20.63M+24.6%

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+157%
Enterprise value$1.71B+128%
P/E67.7×+18.7×
P/S2.8×+1.5×

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

Reported directly by Lincoln Educational Services Corporation in its filing.

Tagged under the XBRL concept us-gaap:SellingAndMarketingExpense.

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 sales and marketing?
Lincoln Educational Services Corporation (LINC) reported sales and marketing of $23.9M in Q1 2026.
How has Lincoln Educational Services Corporation's sales and marketing changed year-over-year?
Lincoln Educational Services Corporation's sales and marketing increased by 21.3% year-over-year, from $19.7M to $23.9M.
What does sales and marketing mean?
Includes all costs incurred to attract, enroll, and retain students, such as advertising, promotional campaigns, and admissions staff compensation. This metric is a primary indicator of the company's customer acquisition strategy and the efficiency of its marketing spend in driving enrollment growth.