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/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
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
Transitional----$1.11M

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

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$312.27M
APEIAmerican Public Education$600.54M$154.43M
LINCLincoln Educational Services$378.07M$102.91M
LOPEGrand Canyon Education--

LINC Revenue FAQ


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.

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).

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%.

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

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.