Lincoln International, Inc. Q2 2026: Revenue $225.7M, EPS $0.01— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Lincoln International reported Q2 2026 revenue of $225.7M, up 51% YoY, driven by strong M&A advisory and valuation demand. However, net income attributable to owners fell to $0.5M from $33.8M in the prior year due to increased operating costs, IPO-related expenses, and amortization following its May 2026 IPO and recent acquisitions.
Lincoln International, Inc. reported second-quarter 2026 results with revenue of $225.7M, a year-over-year increase, while net income to owners and diluted EPS were down compared with the prior-year period following increased operating costs and IPO-related items.
Financial Highlights
- Revenue was $225.7M for Q2 2026, compared with $149.7M in Q2 2025; YoY change 51%.
- Net income (consolidated) was $(23.0) M for Q2 2026; net income attributable to Lincoln International, Inc. (owners) was $0.5M for Q2 2026 versus $33.8M in Q2 2025.
- Diluted EPS was $0.01 for the period May 20–June 30, 2026 (weighted diluted shares 40.0M).
Business Highlights
- Revenue growth was driven by stronger M&A advisory activity and higher demand for private market valuations, producing 36–51% revenue growth on a 6-month and 3-month basis.
- Investment Banking Advisory led the channel mix growth, with Valuations & Opinions expanding through recurring portfolio valuation demand.
- Strategic acquisitions, including MarshBerry (Oct 2025) and earlier Spurrier and TCG transactions, broadened sector expertise in insurance, technology and financial services.
- The company completed its IPO on May 21, 2026, prompting structural changes that affected compensation reporting and governance and supporting planned scale-up.
- Operating investments included higher headcount costs, IPO-related consulting expenses and amortization of acquired intangibles to expand the global platform.
Original SEC Filing: Lincoln International, Inc. [ LCLN ] - 10-Q - Aug. 07, 2026
