Earnings ·
Lincoln Educational Services Corporation reported financial results for the second quarter ended June 30, 2026
LINCLincoln Educational Services Corp
Lincoln Educational Services Corporation reported financial results for the second quarter ended June 30, 2026. Revenue increased 22.4% to $142.6 million from $116.5 million, while Adjusted EBITDA rose 42.4% to $12.7 million from $8.9 million. Net cash from operating activities improved significantly to $22.1 million compared to $0.3 million in the prior year period. The company ended the quarter with approximately $143 million in total liquidity and an ending student population of 18,900. Lincoln reiterated its full-year 2026 financial guidance for revenue ($590-$600 million), Adjusted EBITDA ($76-$80 million), and net income ($23-$26 million), while raising capital expenditure guidance to $95-$100 million. The company also completed the $18.8 million acquisition of its Melrose Park, Illinois campus property in July. Lincoln Educational Services Corporation operates a network of career-oriented post-secondary education campuses focused on skilled trades, automotive, health sciences, and information technology.