For the quarter ending 2025-09-30, LINC made $141,389,000 in revenue. $3,799,000 in net income. Net profit margin of 2.69%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenue | 141,389,000 | 116,474,000 | 117,506,000 | 111,370,000 |
| Educational services and facilities | 57,283,000 | 46,791,000 | 47,409,000 | 44,071,500 |
| Selling, general and administrative | 77,811,000 | 67,061,000 | 66,904,000 | 61,299,500 |
| Gain on insurance proceeds | 0 | - | - | 0 |
| Loss (gain) on sale of assets | -10,000 | 256,000 | 220,000 | -763,500 |
| Total costs & expenses | 135,104,000 | 113,596,000 | 114,093,000 | 106,134,500 |
| Operating income | 6,285,000 | 2,878,000 | 3,413,000 | 5,235,500 |
| Interest income | 0 | 11,000 | 114,000 | 498,500 |
| Interest expense | 991,000 | 813,000 | 701,000 | 619,500 |
| Income before income taxes | 5,294,000 | 2,076,000 | 2,826,000 | 5,114,500 |
| Provision for income taxes | 1,495,000 | 522,000 | 882,000 | 967,250 |
| Net income | 3,799,000 | 1,554,000 | 1,944,000 | 2,472,750 |
| Income available to common stockholders | - | - | - | 2,472,750 |
| Basic (in shares) | 31,000,000 | 30,990,392 | 30,809,000 | -15,381,000 |
| Net income per common share (in dollars per share) | 0.12 | 0.05 | 0.06 | 0.105 |
| Net income per common share (in dollars per share) | 0.12 | 0.05 | 0.06 | 0.105 |
| Weighted average shares outstanding - diluted (in shares) | 31,318,000 | 31,271,254 | 31,074,000 | -15,405,500 |
LINCOLN EDUCATIONAL SERVICES CORP (LINC)
LINCOLN EDUCATIONAL SERVICES CORP (LINC)