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Other financials

Income statement

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Revenue$5.3B+13.1%
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:NetIncomeLoss.

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 item20262025
Total expenses5,5525,640
Income (loss) before taxes(246)(949)
Federal income tax expense (benefit)(74)(227)
Net income (loss)(172)(722)
Other comprehensive income (loss), net of tax:
Unrealized investment gain (loss)(937)523
Market risk benefit non-performance risk gain (loss)442318
Policyholder liability discount rate remeasurement gain (loss)86(111)

Item 1. Financial Statements

FAQ

What is Lincoln National's net income?
Lincoln National (LNC) reported net income of -$172M in Q1 2026.
How has Lincoln National's net income changed year-over-year?
Lincoln National's net income increased by 76.2% year-over-year, from -$722M to -$172M.
What is the long-term trend for Lincoln National's net income?
Over 4 years (2021 to 2025), Lincoln National's net income has grown at a -11.2% compound annual growth rate (CAGR), from $1.89B to $1.18B.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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