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Lincoln National LNC Life Insurance — Revenue

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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 us-gaap:Revenues.

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
insurance product features30225327
Credit loss-related adjustments(4)(1)1(2)(14)(20)
Investment gains (losses)(4)(51)(1)14(42)
Changes in the fair value of reinsurance-
related embedded derivatives, trading
securities and certain mortgage loans(1)184(4)179
Gains (losses) on other non-financial assets(6)(6)
Total revenues$1,576$1,785$1,555$343$47$5,306

Item 1. Financial Statements

FAQ

What is Lincoln National's life insurance — revenue?
Lincoln National (LNC) reported life insurance — revenue of $1.79B in Q1 2026.
How has Lincoln National's life insurance — revenue changed year-over-year?
Lincoln National's life insurance — revenue increased by 26.8% year-over-year, from $1.41B to $1.79B.
What is the long-term trend for Lincoln National's life insurance — revenue?
Over 4 years (2021 to 2025), Lincoln National's life insurance — revenue has grown at a -5.5% compound annual growth rate (CAGR), from $7.39B to $5.9B.
What does life insurance — revenue mean?
The total top-line income generated by the life insurance segment, including premiums, net investment income, and fee-based revenue. This metric serves as the primary indicator of the segment's market scale and business volume. It is used to evaluate the segment's growth trajectory and competitive position in the insurance market.

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