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Lincoln National LNC Retirement Plan Services — Revenue

Other segment segments

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$1.56B+2.4%

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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 retirement plan services — revenue?
Lincoln National (LNC) reported retirement plan services — revenue of $343M in Q1 2026.
How has Lincoln National's retirement plan services — revenue changed year-over-year?
Lincoln National's retirement plan services — revenue increased by 6.2% year-over-year, from $323M to $343M.
What is the long-term trend for Lincoln National's retirement plan services — revenue?
Over 4 years (2021 to 2025), Lincoln National's retirement plan services — revenue has grown at a 0.2% compound annual growth rate (CAGR), from $1.32B to $1.33B.
What does retirement plan services — revenue mean?
Represents the total operating income generated by the retirement plan services segment, including fees from plan administration, asset management, and related services. This metric reflects the scale and market demand for the company's employer-sponsored retirement solutions and mutual-fund based programs.

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