Lincoln Educational Services Quarterly Balance Sheet
NASDAQ: LINCReal EstateOther Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lincoln Educational Services financial position
As of Jun 30, 2026, Lincoln Educational Services reported total assets of $529.8 million, up 18.4% from a year earlier against total liabilities of $327.4 million. Shareholders' equity stood at $202.4 million, or 38.2% of assets. The company held $44.2 million in cash and equivalents against $26.0 million of debt, a net cash position of $18.2 million.
The current ratio (current assets divided by current liabilities) was 0.96, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.13.
Summary generated from market data by MetaCap's automated system. Methodology
Lincoln Educational Services balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 44.18M | 16.69M | 28.52M | 13.48M | 16.70M | 28.66M | 59.27M | 53.96M | 66.99M | 68.55M | 75.99M | 41.72M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — | — | 0 | 24.34M |
| Receivables | 45.87M | 41.73M | 36.93M | 51.13M | 47.26M | 47.28M | 42.98M | 53.12M | 43.58M | 40.48M | 35.69M | 40.26M |
| Inventory | 4.08M | 2.49M | 3.99M | 3.09M | 4.50M | 2.39M | 3.05M | 2.71M | 2.35M | 2.42M | 2.95M | 2.94M |
| Total Current Assets | 106.25M | 76.40M | 87.03M | 77.33M | 79.63M | 86.38M | 111.25M | 115.44M | 119.39M | 118.75M | 134.66M | 130.68M |
| Property, Plant & Equipment | 190.69M | 179.35M | 171.60M | 160.49M | 149.14M | 125.65M | 103.53M | 75.50M | 59.49M | 52.01M | 50.86M | 38.40M |
| Goodwill | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M | 10.74M |
| Total Assets | 529.78M | 486.73M | 493.16M | 466.94M | 447.32M | 427.43M | 436.56M | 404.02M | 366.38M | 355.16M | 345.25M | 315.78M |
| Accounts Payable | 30.68M | 28.25M | 27.02M | 35.07M | 33.99M | 34.36M | 37.03M | 27.86M | 19.00M | 14.28M | 18.15M | 17.58M |
| Total Current Liabilities | 110.95M | 92.30M | 100.71M | 95.88M | 88.25M | 83.10M | 90.21M | 73.45M | 66.89M | 59.88M | 73.41M | 66.10M |
| Long-Term Debt | 26.00M | 5.00M | 0 | 8.00M | 13.00M | — | 0 | — | — | — | — | — |
| Total Liabilities | 327.39M | 287.91M | 293.48M | 281.08M | 266.64M | 249.65M | 258.29M | 234.06M | 201.52M | 190.67M | 178.44M | 158.61M |
| Shareholders' Equity | 202.39M | 198.83M | 199.69M | 185.85M | 180.68M | 177.78M | 178.26M | 169.96M | 164.86M | 164.49M | 166.80M | 157.16M |
| Retained Earnings | 105.47M | 103.52M | 99.17M | 86.47M | 82.67M | 81.11M | 79.17M | 72.34M | 68.38M | 69.06M | 69.28M | 62.49M |
| Total Debt | 26.00M | 5.00M | 0 | 8.00M | 13.00M | — | 0 | — | — | — | — | — |
| Net Cash (Debt) | 18.18M | 11.69M | 28.52M | 5.48M | 3.70M | 28.66M | 59.27M | 53.96M | 66.99M | 68.55M | 75.99M | 66.06M |
| Shares Outstanding | 31.72M | 31.70M | 31.62M | 31.62M | 31.63M | 31.59M | 31.46M | 31.48M | 31.49M | 31.44M | 31.36M | 31.36M |
This table shows 12 quarterly periods of Lincoln Educational Services's balance sheet, from Q2 2026 back to Q3 2023, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow LINC's reporting calendar. What is a balance sheet?