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Lincoln National LNC Life Insurance — Federal income tax expense (benefit)

Other segment segments

Group Protection
$30M+11.1%

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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$7.11B+10.3%
Enterprise value$6.13B-25.1%
P/E4.1×-0.7×
P/S0.4×0.0×

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 us-gaap:IncomeTaxExpenseBenefit.

The official record: Lincoln National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's life insurance — federal income tax expense (benefit)?
Lincoln National (LNC) reported life insurance — federal income tax expense (benefit) of $1M in Q1 2026.
How has Lincoln National's life insurance — federal income tax expense (benefit) changed year-over-year?
Lincoln National's life insurance — federal income tax expense (benefit) increased by 106.3% year-over-year, from -$16M to $1M.
What is the long-term trend for Lincoln National's life insurance — federal income tax expense (benefit)?
Over 3 years (2021 to 2024), Lincoln National's life insurance — federal income tax expense (benefit) has grown at a -26.9% compound annual growth rate (CAGR), from $110M to -$43M.
What does life insurance — federal income tax expense (benefit) mean?
The tax impact resulting from the life insurance segment's financial performance, including both current and deferred tax provisions. This metric reflects the effective tax rate applied to the segment's earnings and can be influenced by tax credits or adjustments. It is a key factor in determining the segment's net contribution to the company's bottom line.