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Lincoln National LNC UL and Other — Deferred front-end loads

Similar metrics at other companies

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EQHUL — Unearned Revenue Liability Recovery of Unearned Revenue
$2M
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PFGUniversal Life — Unearned Revenue Liability Deferrals
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EQHUL — Future policy benefits and other policyholders’ liabilities
$1.35B+6.6%

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:DeferredFrontEndLoads.

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 UL and other — deferred front-end loads?
Lincoln National (LNC) reported UL and other — deferred front-end loads of $7.49B in Q1 2026.
How has Lincoln National's UL and other — deferred front-end loads changed year-over-year?
Lincoln National's UL and other — deferred front-end loads increased by 13.6% year-over-year, from $6.59B to $7.49B.
What is the long-term trend for Lincoln National's UL and other — deferred front-end loads?
Over 2 years (2023 to 2025), Lincoln National's UL and other — deferred front-end loads has grown at a 14.6% compound annual growth rate (CAGR), from $21.09B to $27.68B.
What does UL and other — deferred front-end loads mean?
This represents unearned revenue from policy charges that are collected upfront but recognized over the life of the insurance contract. It serves as a liability that is amortized into income as services are provided to the policyholder. A stable or growing balance indicates consistent new business production and future revenue recognition potential.