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Lincoln National LNC Other — Policyholder account balances

Other product segments

Variable Annuities
$39.14B+13.9%
UL and Other
$35.72B-1.4%
Fixed Annuities
$28.97B+11.3%

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AMPOther Life Insurance — Policyholder account balances
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AMPFixed annuities — Policyholder account balances
$4.82B-7.9%
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AMPFixed Annuity — Policyholder account balances
$4.83B-7.9%

Other financials

Income statement

See full
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

See full
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:PolicyholderFunds.

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 itemAs of March 31, 2026As of December 31, 2025
Variable Annuities$39,143$40,060
Fixed Annuities28,97428,728
UL and Other35,72335,986
Retirement Plan Services23,69423,843
Other (1)8,1497,628
Total policyholder account balances$135,683$136,245

Item 1. Financial Statements

FAQ

What is Lincoln National's other — policyholder account balances?
Lincoln National (LNC) reported other — policyholder account balances of $8.15B in Q1 2026.
How has Lincoln National's other — policyholder account balances changed year-over-year?
Lincoln National's other — policyholder account balances increased by 58.1% year-over-year, from $5.15B to $8.15B.
What is the long-term trend for Lincoln National's other — policyholder account balances?
Over 2 years (2023 to 2025), Lincoln National's other — policyholder account balances has grown at a 5.3% compound annual growth rate (CAGR), from $22.21B to $24.64B.
What does other — policyholder account balances mean?
This metric measures the total funds held by the company on behalf of policyholders in interest-sensitive products, such as fixed annuities or universal life insurance. It represents the accumulation of premiums paid plus credited interest, minus any withdrawals or charges. This balance is a key indicator of the company's scale in deposit-type insurance products and its ongoing interest-crediting obligations.

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