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Lincoln Educational Services (LINC)

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  • 39.110
  • -0.480-1.21%
Close Apr 24 16:00 ET
  • 39.110
  • 0.0000.00%
Post 16:55 ET
1.24BMarket Cap61.11P/E (TTM)

Lincoln Educational Services (LINC) Balance Sheet

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(FY)Dec 31, 2025
(Q4)Dec 31, 2025
(Q3)Sep 30, 2025
(Q2)Jun 30, 2025
(Q1)Mar 31, 2025
(FY)Dec 31, 2024
(Q4)Dec 31, 2024
(Q3)Sep 30, 2024
(Q2)Jun 30, 2024
(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments
-51.89%28.52M
-51.89%28.52M
-75.02%13.48M
-75.07%16.7M
-58.20%28.66M
-22.00%59.27M
-22.00%59.27M
-18.31%53.96M
-26.14%66.99M
24.56%68.55M
-Cash and cash equivalents
-51.89%28.52M
-51.89%28.52M
-75.02%13.48M
-75.07%16.7M
-58.20%28.66M
-22.00%59.27M
-22.00%59.27M
29.35%53.96M
0.95%66.99M
70.19%68.55M
Receivables
6.65%46.66M
6.65%46.66M
-1.05%52.56M
8.43%47.26M
16.78%47.28M
22.56%43.75M
22.56%43.75M
31.94%53.12M
35.98%43.58M
16.15%40.48M
-Accounts receivable
-14.08%36.93M
-14.08%36.93M
-3.75%51.13M
8.43%47.26M
16.78%47.28M
20.43%42.98M
20.43%42.98M
31.94%53.12M
35.98%43.58M
16.15%40.48M
-Taxes receivable
--1.6M
--1.6M
-28.66%1.43M
----
----
--0
--0
--2.01M
--2.39M
----
-Other receivables
966.54%8.13M
966.54%8.13M
----
----
----
--762K
--762K
----
----
----
Inventory
30.56%3.99M
30.56%3.99M
14.09%3.09M
92.07%4.5M
-1.03%2.39M
3.56%3.05M
3.56%3.05M
-7.63%2.71M
-8.22%2.35M
-8.23%2.42M
Prepaid assets
----
----
----
17.00%2.79M
----
----
----
--2.01M
--2.39M
----
Restricted cash
----
----
----
----
----
--0
--0
--0
--0
-70.99%1.22M
Other current assets
95.29%7.87M
95.29%7.87M
125.32%8.2M
104.74%8.37M
32.61%8.05M
-27.45%4.03M
-27.45%4.03M
-47.62%3.64M
-48.70%4.09M
-3.47%6.07M
Total current assets
-21.77%87.03M
-21.77%87.03M
-33.01%77.33M
-33.30%79.63M
-27.26%86.38M
-17.38%111.25M
-17.38%111.25M
-11.66%115.44M
-13.16%119.39M
10.37%118.75M
Non current assets
Net PPE
31.76%350.9M
31.76%350.9M
41.11%328.08M
58.91%307.77M
56.15%285.44M
70.08%266.31M
70.08%266.31M
77.12%232.5M
59.44%193.68M
54.55%182.8M
-Gross PPE
22.42%498.97M
22.42%498.97M
27.83%477.89M
34.64%453.23M
32.42%429.69M
37.35%407.58M
37.35%407.58M
37.97%373.85M
29.39%336.64M
22.25%324.5M
-Accumulated depreciation
-4.81%-148.07M
-4.81%-148.07M
-5.99%-149.82M
-1.76%-145.47M
-1.80%-144.25M
-0.79%-141.27M
-0.79%-141.27M
-1.19%-141.36M
-3.07%-142.96M
3.71%-141.7M
Goodwill and other intangible assets
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
-26.10%10.74M
-Goodwill
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
0.00%10.74M
-26.10%10.74M
Non current accounts receivable
8.26%21.25M
8.26%21.25M
15.09%22.81M
23.92%21.14M
-3.31%16.79M
12.13%19.63M
12.13%19.63M
18.67%19.82M
11.19%17.06M
18.56%17.36M
Non current deferred assets
-14.45%21.97M
-14.45%21.97M
8.76%25.15M
8.50%25.17M
8.42%25.17M
10.62%25.68M
10.62%25.68M
-8.28%23.12M
-7.99%23.2M
-7.91%23.22M
Defined pension benefit
--0
--0
50.00%1.55M
64.90%1.56M
82.18%1.55M
104.74%1.55M
104.74%1.55M
--1.04M
--943K
--853K
Other non current assets
-8.36%1.27M
-8.36%1.27M
-6.74%1.27M
-3.43%1.33M
-5.27%1.37M
-22.38%1.39M
-22.38%1.39M
15.78%1.37M
18.17%1.37M
72.40%1.44M
Total non current assets
24.85%406.13M
24.85%406.13M
35.01%389.61M
48.87%367.69M
44.26%341.05M
54.48%325.3M
54.48%325.3M
55.91%288.58M
42.01%246.99M
36.26%236.41M
Total assets
12.97%493.16M
12.97%493.16M
15.57%466.94M
22.09%447.32M
20.35%427.43M
26.45%436.56M
26.45%436.56M
27.94%404.02M
17.65%366.38M
26.35%355.16M
Liabilities
Current liabilities
Payables
-26.79%29.14M
-26.79%29.14M
25.92%35.07M
78.89%33.99M
115.20%35.66M
75.19%39.8M
75.19%39.8M
35.00%27.86M
-17.17%19M
14.34%16.57M
-accounts payable
-27.02%27.02M
-27.02%27.02M
25.92%35.07M
78.89%33.99M
140.58%34.36M
103.98%37.03M
103.98%37.03M
58.43%27.86M
12.81%19M
10.34%14.28M
-Total tax payable
-23.70%2.12M
-23.70%2.12M
--0
--0
-43.29%1.3M
-39.28%2.77M
-39.28%2.77M
--0
--0
47.83%2.29M
Current accrued expenses
24.40%3.45M
24.40%3.45M
36.77%16.8M
32.96%15.44M
-3.88%8.85M
31.83%2.77M
31.83%2.77M
-3.05%12.28M
-5.96%11.61M
2.22%9.21M
Current debt and capital lease obligation
16.85%11.1M
16.85%11.1M
1.77%10.52M
-10.13%10.74M
-17.66%9.75M
-19.56%9.5M
-19.56%9.5M
-5.30%10.34M
14.83%11.95M
17.75%11.84M
-Current capital lease obligation
16.85%11.1M
16.85%11.1M
1.77%10.52M
-10.13%10.74M
-17.66%9.75M
-19.56%9.5M
-19.56%9.5M
-5.30%10.34M
14.83%11.95M
17.75%11.84M
Current deferred liabilities
44.16%44.16M
44.16%44.16M
45.72%33.49M
15.43%28.08M
29.56%28.85M
13.84%30.63M
13.84%30.63M
5.20%22.98M
6.11%24.33M
6.13%22.27M
Current liabilities
11.64%100.71M
11.64%100.71M
30.53%95.88M
31.93%88.25M
38.78%83.1M
22.89%90.21M
22.89%90.21M
11.13%73.46M
-2.58%66.89M
9.73%59.88M
Non current liabilities
Long term debt and capital lease obligation
14.70%192.77M
14.70%192.77M
15.32%185.21M
32.50%178.39M
27.39%166.55M
60.09%168.06M
60.09%168.06M
74.78%160.6M
53.60%134.63M
44.35%130.74M
-Long term debt
----
----
--8M
--13M
----
----
----
----
----
----
-Long term capital lease obligation
14.70%192.77M
14.70%192.77M
10.34%177.21M
22.85%165.39M
27.39%166.55M
60.09%168.06M
60.09%168.06M
74.78%160.6M
53.60%134.63M
44.35%130.74M
Other non current liabilities
----
----
----
----
----
-71.43%16K
-71.43%16K
----
----
--52K
Total non current liabilities
14.69%192.77M
14.69%192.77M
15.32%185.21M
32.50%178.39M
27.34%166.55M
60.02%168.08M
60.02%168.08M
73.60%160.6M
52.49%134.63M
43.31%130.79M
Total liabilities
13.62%293.48M
13.62%293.48M
20.09%281.09M
32.31%266.64M
30.93%249.65M
44.75%258.29M
44.75%258.29M
47.57%234.06M
28.40%201.52M
30.74%190.67M
Shareholders'equity
Share capital
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
-0.69%48.18M
-common stock
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
0.00%48.18M
-0.69%48.18M
-Preferred stock
----
----
----
----
----
--0
--0
----
----
----
Retained earnings
25.26%99.17M
25.26%99.17M
19.54%86.47M
20.89%82.67M
17.45%81.11M
14.28%79.17M
14.28%79.17M
15.76%72.34M
13.17%68.38M
59.97%69.07M
Paid-in capital
3.36%52.34M
3.36%52.34M
2.93%50.93M
2.54%49.55M
1.96%48.21M
2.55%50.64M
2.55%50.64M
4.09%49.48M
3.10%48.33M
6.08%47.28M
Gains losses not affecting retained earnings
--0
--0
861.11%274K
861.11%274K
861.11%274K
861.11%274K
861.11%274K
96.54%-36K
96.45%-36K
96.43%-36K
Total stockholders'equity
12.02%199.69M
12.02%199.69M
9.35%185.85M
9.60%180.68M
8.08%177.78M
6.87%178.26M
6.87%178.26M
8.14%169.96M
6.73%164.86M
21.62%164.49M
Total equity
12.02%199.69M
12.02%199.69M
9.35%185.85M
9.60%180.68M
8.08%177.78M
6.87%178.26M
6.87%178.26M
8.14%169.96M
6.73%164.86M
21.62%164.49M
Currency Unit
USD
USD
USD
USD
USD
USD
USD
USD
USD
USD
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
Unqualified Opinion
--
--
--
--
Unqualified Opinion
--
--
--
--
(FY)Dec 31, 2025(Q4)Dec 31, 2025(Q3)Sep 30, 2025(Q2)Jun 30, 2025(Q1)Mar 31, 2025(FY)Dec 31, 2024(Q4)Dec 31, 2024(Q3)Sep 30, 2024(Q2)Jun 30, 2024(Q1)Mar 31, 2024
Assets
Current assets
Cash, cash equivalents and short term investments -51.89%28.52M-51.89%28.52M-75.02%13.48M-75.07%16.7M-58.20%28.66M-22.00%59.27M-22.00%59.27M-18.31%53.96M-26.14%66.99M24.56%68.55M
-Cash and cash equivalents -51.89%28.52M-51.89%28.52M-75.02%13.48M-75.07%16.7M-58.20%28.66M-22.00%59.27M-22.00%59.27M29.35%53.96M0.95%66.99M70.19%68.55M
Receivables 6.65%46.66M6.65%46.66M-1.05%52.56M8.43%47.26M16.78%47.28M22.56%43.75M22.56%43.75M31.94%53.12M35.98%43.58M16.15%40.48M
-Accounts receivable -14.08%36.93M-14.08%36.93M-3.75%51.13M8.43%47.26M16.78%47.28M20.43%42.98M20.43%42.98M31.94%53.12M35.98%43.58M16.15%40.48M
-Taxes receivable --1.6M--1.6M-28.66%1.43M----------0--0--2.01M--2.39M----
-Other receivables 966.54%8.13M966.54%8.13M--------------762K--762K------------
Inventory 30.56%3.99M30.56%3.99M14.09%3.09M92.07%4.5M-1.03%2.39M3.56%3.05M3.56%3.05M-7.63%2.71M-8.22%2.35M-8.23%2.42M
Prepaid assets ------------17.00%2.79M--------------2.01M--2.39M----
Restricted cash ----------------------0--0--0--0-70.99%1.22M
Other current assets 95.29%7.87M95.29%7.87M125.32%8.2M104.74%8.37M32.61%8.05M-27.45%4.03M-27.45%4.03M-47.62%3.64M-48.70%4.09M-3.47%6.07M
Total current assets -21.77%87.03M-21.77%87.03M-33.01%77.33M-33.30%79.63M-27.26%86.38M-17.38%111.25M-17.38%111.25M-11.66%115.44M-13.16%119.39M10.37%118.75M
Non current assets
Net PPE 31.76%350.9M31.76%350.9M41.11%328.08M58.91%307.77M56.15%285.44M70.08%266.31M70.08%266.31M77.12%232.5M59.44%193.68M54.55%182.8M
-Gross PPE 22.42%498.97M22.42%498.97M27.83%477.89M34.64%453.23M32.42%429.69M37.35%407.58M37.35%407.58M37.97%373.85M29.39%336.64M22.25%324.5M
-Accumulated depreciation -4.81%-148.07M-4.81%-148.07M-5.99%-149.82M-1.76%-145.47M-1.80%-144.25M-0.79%-141.27M-0.79%-141.27M-1.19%-141.36M-3.07%-142.96M3.71%-141.7M
Goodwill and other intangible assets 0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M-26.10%10.74M
-Goodwill 0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M0.00%10.74M-26.10%10.74M
Non current accounts receivable 8.26%21.25M8.26%21.25M15.09%22.81M23.92%21.14M-3.31%16.79M12.13%19.63M12.13%19.63M18.67%19.82M11.19%17.06M18.56%17.36M
Non current deferred assets -14.45%21.97M-14.45%21.97M8.76%25.15M8.50%25.17M8.42%25.17M10.62%25.68M10.62%25.68M-8.28%23.12M-7.99%23.2M-7.91%23.22M
Defined pension benefit --0--050.00%1.55M64.90%1.56M82.18%1.55M104.74%1.55M104.74%1.55M--1.04M--943K--853K
Other non current assets -8.36%1.27M-8.36%1.27M-6.74%1.27M-3.43%1.33M-5.27%1.37M-22.38%1.39M-22.38%1.39M15.78%1.37M18.17%1.37M72.40%1.44M
Total non current assets 24.85%406.13M24.85%406.13M35.01%389.61M48.87%367.69M44.26%341.05M54.48%325.3M54.48%325.3M55.91%288.58M42.01%246.99M36.26%236.41M
Total assets 12.97%493.16M12.97%493.16M15.57%466.94M22.09%447.32M20.35%427.43M26.45%436.56M26.45%436.56M27.94%404.02M17.65%366.38M26.35%355.16M
Liabilities
Current liabilities
Payables -26.79%29.14M-26.79%29.14M25.92%35.07M78.89%33.99M115.20%35.66M75.19%39.8M75.19%39.8M35.00%27.86M-17.17%19M14.34%16.57M
-accounts payable -27.02%27.02M-27.02%27.02M25.92%35.07M78.89%33.99M140.58%34.36M103.98%37.03M103.98%37.03M58.43%27.86M12.81%19M10.34%14.28M
-Total tax payable -23.70%2.12M-23.70%2.12M--0--0-43.29%1.3M-39.28%2.77M-39.28%2.77M--0--047.83%2.29M
Current accrued expenses 24.40%3.45M24.40%3.45M36.77%16.8M32.96%15.44M-3.88%8.85M31.83%2.77M31.83%2.77M-3.05%12.28M-5.96%11.61M2.22%9.21M
Current debt and capital lease obligation 16.85%11.1M16.85%11.1M1.77%10.52M-10.13%10.74M-17.66%9.75M-19.56%9.5M-19.56%9.5M-5.30%10.34M14.83%11.95M17.75%11.84M
-Current capital lease obligation 16.85%11.1M16.85%11.1M1.77%10.52M-10.13%10.74M-17.66%9.75M-19.56%9.5M-19.56%9.5M-5.30%10.34M14.83%11.95M17.75%11.84M
Current deferred liabilities 44.16%44.16M44.16%44.16M45.72%33.49M15.43%28.08M29.56%28.85M13.84%30.63M13.84%30.63M5.20%22.98M6.11%24.33M6.13%22.27M
Current liabilities 11.64%100.71M11.64%100.71M30.53%95.88M31.93%88.25M38.78%83.1M22.89%90.21M22.89%90.21M11.13%73.46M-2.58%66.89M9.73%59.88M
Non current liabilities
Long term debt and capital lease obligation 14.70%192.77M14.70%192.77M15.32%185.21M32.50%178.39M27.39%166.55M60.09%168.06M60.09%168.06M74.78%160.6M53.60%134.63M44.35%130.74M
-Long term debt ----------8M--13M------------------------
-Long term capital lease obligation 14.70%192.77M14.70%192.77M10.34%177.21M22.85%165.39M27.39%166.55M60.09%168.06M60.09%168.06M74.78%160.6M53.60%134.63M44.35%130.74M
Other non current liabilities ---------------------71.43%16K-71.43%16K----------52K
Total non current liabilities 14.69%192.77M14.69%192.77M15.32%185.21M32.50%178.39M27.34%166.55M60.02%168.08M60.02%168.08M73.60%160.6M52.49%134.63M43.31%130.79M
Total liabilities 13.62%293.48M13.62%293.48M20.09%281.09M32.31%266.64M30.93%249.65M44.75%258.29M44.75%258.29M47.57%234.06M28.40%201.52M30.74%190.67M
Shareholders'equity
Share capital 0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M-0.69%48.18M
-common stock 0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M0.00%48.18M-0.69%48.18M
-Preferred stock ----------------------0--0------------
Retained earnings 25.26%99.17M25.26%99.17M19.54%86.47M20.89%82.67M17.45%81.11M14.28%79.17M14.28%79.17M15.76%72.34M13.17%68.38M59.97%69.07M
Paid-in capital 3.36%52.34M3.36%52.34M2.93%50.93M2.54%49.55M1.96%48.21M2.55%50.64M2.55%50.64M4.09%49.48M3.10%48.33M6.08%47.28M
Gains losses not affecting retained earnings --0--0861.11%274K861.11%274K861.11%274K861.11%274K861.11%274K96.54%-36K96.45%-36K96.43%-36K
Total stockholders'equity 12.02%199.69M12.02%199.69M9.35%185.85M9.60%180.68M8.08%177.78M6.87%178.26M6.87%178.26M8.14%169.96M6.73%164.86M21.62%164.49M
Total equity 12.02%199.69M12.02%199.69M9.35%185.85M9.60%180.68M8.08%177.78M6.87%178.26M6.87%178.26M8.14%169.96M6.73%164.86M21.62%164.49M
Currency Unit USDUSDUSDUSDUSDUSDUSDUSDUSDUSD
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions Unqualified Opinion--------Unqualified Opinion--------
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