Lincoln Educational Services (LINC) Revenue & Revenue Breakdown


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Lincoln Educational Services Revenue Highlights


Latest Revenue (Y)

$378.07M

Latest Revenue (Q)

$102.91M

Main Segment (Y)

Transitional

Main Geography (Y)

Transportation and Skilled Trades

Lincoln Educational Services Revenue by Period


Lincoln Educational Services Revenue by Year

DateRevenueChange
2023-12-31$378.07M8.55%
2022-12-31$348.29M3.86%
2021-12-31$335.34M14.41%
2020-12-31$293.10M7.23%
2019-12-31$273.34M3.85%
2018-12-31$263.20M0.51%
2017-12-31$261.85M32.98%
2016-12-31$196.91M1.91%
2015-12-31$193.22M-40.55%
2014-12-31$325.02M-5.80%
2013-12-31$345.02M-14.32%
2012-12-31$402.70M-21.44%
2011-12-31$512.63M-19.84%
2010-12-31$639.49M15.74%
2009-12-31$552.54M46.60%
2008-12-31$376.91M14.99%
2007-12-31$327.77M1.95%
2006-12-31$321.51M7.45%
2005-12-31$299.22M14.52%
2004-12-31$261.27M31.37%
2003-12-31$198.88M42.87%
2002-12-31$139.20M31.65%
2001-12-31$105.74M-

Lincoln Educational Services generated $378.07M in revenue during NA 2023, up 8.55% compared to the previous quarter, and up 143.64% compared to the same period a year ago.

Lincoln Educational Services Revenue by Quarter

DateRevenueChange
2024-06-30$102.91M-0.44%
2024-03-31$103.37M0.82%
2023-12-31$102.52M2.92%
2023-09-30$99.62M12.38%
2023-06-30$88.65M1.56%
2023-03-31$87.28M-4.90%
2022-12-31$91.78M-0.04%
2022-09-30$91.81M11.77%
2022-06-30$82.14M-0.50%
2022-03-31$82.55M-5.99%
2021-12-31$87.82M-1.40%
2021-09-30$89.06M10.68%
2021-06-30$80.46M3.16%
2021-03-31$78.00M-4.64%
2020-12-31$81.79M3.81%
2020-09-30$78.79M26.13%
2020-06-30$62.47M-10.81%
2020-03-31$70.04M-5.24%
2019-12-31$73.92M1.82%
2019-09-30$72.59M14.20%
2019-06-30$63.57M0.48%
2019-03-31$63.26M-9.77%
2018-12-31$70.11M0.05%
2018-09-30$70.08M14.66%
2018-06-30$61.12M-1.24%
2018-03-31$61.89M-8.18%
2017-12-31$67.40M0.14%
2017-09-30$67.31M8.80%
2017-06-30$61.87M-5.23%
2017-03-31$65.28M29.66%
2016-12-31$50.35M1.09%
2016-09-30$49.80M18.88%
2016-06-30$41.89M-3.57%
2016-03-31$43.44M-11.08%
2015-12-31$48.86M-38.19%
2015-09-30$79.05M9.19%
2015-06-30$72.39M-5.64%
2015-03-31$76.72M-7.84%
2014-12-31$83.25M-1.67%
2014-09-30$84.66M9.73%
2014-06-30$77.15M-3.52%
2014-03-31$79.97M-1.54%
2013-12-31$81.22M-8.24%
2013-09-30$88.51M3.86%
2013-06-30$85.22M-5.40%
2013-03-31$90.08M-3.47%
2012-12-31$93.32M-10.40%
2012-09-30$104.14M3.77%
2012-06-30$100.36M-4.30%
2012-03-31$104.87M-9.25%
2011-12-31$115.56M-6.41%
2011-09-30$123.48M-3.70%
2011-06-30$128.22M-11.79%
2011-03-31$145.36M-12.97%
2010-12-31$167.02M-0.11%
2010-09-30$167.21M9.43%
2010-06-30$152.79M0.22%
2010-03-31$152.47M-3.17%
2009-12-31$157.46M6.13%
2009-09-30$148.37M15.81%
2009-06-30$128.11M8.02%
2009-03-31$118.60M10.51%
2008-12-31$107.32M6.81%
2008-09-30$100.48M18.14%
2008-06-30$85.06M1.20%
2008-03-31$84.05M-6.92%
2007-12-31$90.29M-

Lincoln Educational Services generated $102.91M in revenue during Q2 2024, up -0.44% compared to the previous quarter, and up 117.91% compared to the same period a year ago.

Lincoln Educational Services Revenue Breakdown


Lincoln Educational Services Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Transitional$1.47M----
Transportation and Skilled Trades-$249.91M$240.53M$207.43M$193.72M
Healthcare and Other Professions Business Segment-$91.53M$94.81M$85.66M$79.62M

Lincoln Educational Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Transitional (100.00%).

Quarterly Revenue by Product

Product/ServiceSep 24Dec 22Dec 21Dec 20Dec 19Dec 18
Transitional--$1.11M---
Healthcare and Other Professions Business Segment-$19.11M$24.87M$23.16M$21.20M$19.58M
Transportation and Skilled Trades-$65.82M$62.95M$58.63M$52.72M$49.42M

Lincoln Educational Services Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22
Transportation and Skilled Trades$249.91M
Healthcare and Other Professions Business Segment$91.53M

Lincoln Educational Services's latest annual revenue breakdown by geography, as of Dec 22: Transportation and Skilled Trades (73.19%), and Healthcare and Other Professions Business Segment (26.81%).

Quarterly Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Transportation and Skilled Trades$65.82M$62.95M$58.63M$52.72M$49.42M
Healthcare and Other Professions Business Segment$19.11M$24.87M$23.16M$21.20M$19.58M
Transitional----$1.11M

Lincoln Educational Services's latest quarterly revenue breakdown by geography, as of Dec 22: Transportation and Skilled Trades (77.50%), and Healthcare and Other Professions Business Segment (22.50%).

Lincoln Educational Services Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
AFYAAfya$2.88B$804.24M
BEDUBright Scholar Education$2.12B$521.45M
LRNStride$2.04B$551.08M
ATGEAdtalem Global Education$1.58B$417.40M
VSTAVasta Platform$1.49B$460.72M
LAURLaureate Education$1.48B$33.30M
STRAStrategic Education$1.13B$305.96M
APEIAmerican Public Education$600.54M$153.12M
LINCLincoln Educational Services$378.07M$102.91M
LOPEGrand Canyon Education-$227.46M

LINC Revenue FAQ


What is Lincoln Educational Services’s yearly revenue?

Lincoln Educational Services's yearly revenue for 2023 was $378.07M, representing an increase of 8.55% compared to 2022. The company's yearly revenue for 2022 was $348.29M, representing an increase of 3.86% compared to 2021. LINC's yearly revenue for 2021 was $335.34M, representing an increase of 14.41% compared to 2020.

What is Lincoln Educational Services’s quarterly revenue?

Lincoln Educational Services's quarterly revenue for Q2 2024 was $102.91M, a -0.44% decrease from the previous quarter (Q1 2024), and a 16.10% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $103.37M, a 0.82% increase from the previous quarter (Q4 2023), and a 18.42% increase year-over-year (Q1 2023). LINC's quarterly revenue for Q4 2023 was $102.52M, a 2.92% increase from the previous quarter (Q3 2023), and a 11.71% increase year-over-year (Q4 2022).

What is Lincoln Educational Services’s revenue growth rate?

Lincoln Educational Services's revenue growth rate for the last 3 years (2021-2023) was 12.74%, and for the last 5 years (2019-2023) was 38.31%.

What are Lincoln Educational Services’s revenue streams?

Lincoln Educational Services's revenue streams in c 23 are Transitional

What is Lincoln Educational Services’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Lincoln Educational Services was Transitional. This segment made a revenue of $1.47M, representing 100.00% of the company's total revenue.