Lincoln Educational Services Financials

Values in thousands	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	$143,957	$142,872	$141,389	$116,474
Gross Profit	85,565	88,965	84,106	69,683
EBITDA	14,069	23,708	11,746	7,598
EBIT	6,437	16,810	6,285	2,889
Net Income	4,356	12,700	3,799	1,554
Net Change In Cash	143,957	142,872	141,389	116,474
Free Cash Flow	-10,068	25,002	2,031	-26,088
Cash	16,690	28,519	13,480	16,701
Basic Shares	31,332	31,260	31,318	31,271

Values in thousands	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	$518,241	$440,064	$378,070	$348,287
Gross Profit	312,852	258,305	215,795	199,541
EBITDA	50,343	28,610	42,757	22,958
EBIT	29,512	17,276	35,986	16,596
Net Income	19,998	9,891	25,997	12,634
Net Change In Cash	518,241	440,064	378,070	348,287
Cost of Revenue				-33,020
Free Cash Flow	-27,443	-27,560	-15,141	-8,104
Cash	28,519	59,273	75,992	46,074
Basic Shares	31,260	30,891	30,540	25,879