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Lincoln National LNC Retirement Plan Services — Deferred Sales Inducements Additions

Other segment segments

UL and Other
$0

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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$8.93B+19.5%
Enterprise value$7.96B+30.5%
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:DeferredSalesInducementsAdditions.

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 itemVariable AnnuitiesFixed AnnuitiesUL and OtherRetirement Plan Services
Balance as of beginning-of-year$104$14$25$62
Deferrals1
Amortization(3)(1)
Balance as of end-of-period$101$13$25$63

Item 1. Financial Statements

FAQ

What is Lincoln National's retirement plan services — deferred sales inducements additions?
Lincoln National (LNC) reported retirement plan services — deferred sales inducements additions of $1M in Q1 2026.
How has Lincoln National's retirement plan services — deferred sales inducements additions changed year-over-year?
Lincoln National's retirement plan services — deferred sales inducements additions decreased by 75.0% year-over-year, from $4M to $1M.
What is the long-term trend for Lincoln National's retirement plan services — deferred sales inducements additions?
Over 3 years (2022 to 2025), Lincoln National's retirement plan services — deferred sales inducements additions has grown at a 73.8% compound annual growth rate (CAGR), from $4M to $21M.
What does retirement plan services — deferred sales inducements additions mean?
Represents the new costs capitalized as deferred sales inducements, which are incentives provided to policyholders to encourage the purchase of retirement products. This metric indicates the company's investment in customer acquisition and its competitive strategy for attracting new retirement assets. High levels of additions suggest aggressive growth efforts, while low levels may indicate a focus on organic retention.

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