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Lincoln National LNC Variable Annuities — Deferred Sales Inducements Additions

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AMPVariable Annuity — Deferred Sales Inducement Cost, Amortization Expense
$3M0.0%

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: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 variable annuities — deferred sales inducements additions?
Lincoln National (LNC) reported variable annuities — deferred sales inducements additions of $0 in Q1 2026.
What is the long-term trend for Lincoln National's variable annuities — deferred sales inducements additions?
Over 2 years (2022 to 2025), Lincoln National's variable annuities — deferred sales inducements additions has grown at a 0.0% compound annual growth rate (CAGR), from $1M to $1M.
What does variable annuities — deferred sales inducements additions mean?
This represents the value of new incentives or bonuses provided to variable annuity policyholders at the time of contract issuance to encourage sales. These costs are deferred and amortized over the life of the contract rather than expensed immediately. It serves as an indicator of the company's competitive strategy and the cost intensity of acquiring new annuity assets.

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