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Lincoln National LNC Retirement Plan Services — Operating revenues

Other segment segments

Group Protection
$1.55B+2.2%

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APORetirement Services — Premiums, product charges, investment related gains (losses) and other retirement services 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$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 lnc:OperatingRevenues.

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 retirement plan services — operating revenues?
Lincoln National (LNC) reported retirement plan services — operating revenues of $346M in Q1 2026.
How has Lincoln National's retirement plan services — operating revenues changed year-over-year?
Lincoln National's retirement plan services — operating revenues increased by 5.8% year-over-year, from $327M to $346M.
What is the long-term trend for Lincoln National's retirement plan services — operating revenues?
Over 3 years (2022 to 2025), Lincoln National's retirement plan services — operating revenues has grown at a 2.0% compound annual growth rate (CAGR), from $1.27B to $1.35B.
What does retirement plan services — operating revenues mean?
This represents the total revenue generated by the retirement plan services segment, primarily derived from fees, investment income, and insurance premiums. It serves as the primary top-line metric for evaluating the scale and market demand for the segment's retirement and annuity offerings. Growth in this metric indicates successful expansion of the segment's assets under management and service reach.