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Lincoln National LNC Group Protection — Operating revenues

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Other financials

Income statement

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Revenue$5.3B+13.1%
Net income-$172.0M+76.2%
EPS (diluted)-$1.10+75.1%

Balance sheet

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Cash & equivalents$7.3B+71.5%
Total debt$6.4B+8.5%
Total equity$10.2B+24.6%
Total assets$406.16B+6.1%

Cash flow

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Operating cash flow$138.0M+151%

Valuation

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Market cap$8.98B+20.1%
Enterprise value$8B+31.2%
P/E5.2×-1.4×
P/S0.5×+0.1×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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Return on equity18.8%+1.8pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept lnc:OperatingRevenues.

The source filing: Lincoln National’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000059558-26-000035
Line itemAnnuitiesLife InsuranceGroup ProtectionRetirement Plan ServicesOther OperationsTotal
Operating Revenues (1)$1,283$1,628$1,554$346$57$4,868
Operating Expenses (2)
Benefits and policyholder liability
remeasurement2497599472,000
Interest credited49529117043999
Commissions339112135291616
General and administrative expenses1331292308963644
Interest and debt expense8181

Item 1. Financial Statements

FAQ

What is Lincoln National's group protection — operating revenues?
Lincoln National (LNC) reported group protection — operating revenues of $1.55B in Q1 2026.
How has Lincoln National's group protection — operating revenues changed year-over-year?
Lincoln National's group protection — operating revenues increased by 2.2% year-over-year, from $1.52B to $1.55B.
What is the long-term trend for Lincoln National's group protection — operating revenues?
Over 3 years (2022 to 2025), Lincoln National's group protection — operating revenues has grown at a 4.8% compound annual growth rate (CAGR), from $5.3B to $6.1B.
What does group protection — operating revenues mean?
The total revenue generated from the group protection segment, primarily consisting of premiums earned from employer-sponsored life, disability, and dental insurance products. This metric serves as a key indicator of the segment's market scale and its ability to attract and retain corporate clients.

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