LINCOLN EDUCATIONAL SERVICES CORP 2026: Revenue $142.56M, EPS $0.06— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Lincoln Educational Services reported Q2 2026 revenue of $142.56M, up 22.4% YoY, and diluted EPS of $0.06, up 20%. Growth was driven by a 14.5% increase in average student population and tuition hikes. Net income rose to $1.95M. The company opened a Houston campus and plans new locations for 2026-2027 while rolling out its hybrid teaching platform.
LINCOLN EDUCATIONAL SERVICES CORP reported second-quarter 2026 results with revenue rising to $142.56M and diluted EPS of $0.06, compared with $116.47M and $0.05 in the prior-year quarter, as enrollment and tuition gains supported higher sales and improved net income.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $142.56M | $116.47M | 22.4% |
| Net income² | $1.95M | $1.55M | 25.2% |
| Diluted EPS³ | $0.06 | $0.05 | 20% |
¹ Reported as “Revenue”. ² Reported as “Net Income”. ³ Reported as “Diluted income per common share”.
Business Highlights
- Revenue growth of 22.4% was driven by a 14.5% increase in average student population and tuition increases.
- New student starts and end-of-period population rose substantially, increasing utilization across campuses.
- Opened a Houston campus in August 2025; new campuses leased in Hicksville, Rowlett and Suitland are planned to open in 2026–2027.
- Selling and administrative expenses declined as a percentage of revenue while the company rolls out its hybrid Lincoln 10.0 teaching platform by end‑2026 (LPN by 2027).
- Management emphasized replicating in-demand programs to maximize facility utilization and expand market footprint in metro areas.
Original SEC Filing: LINCOLN EDUCATIONAL SERVICES CORP [ LINC ] - 10-Q - Aug. 10, 2026