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Lincoln Educational Services (LINC) Q2 Revenue Rises 22.4% to $142.6 Million With Adjusted EBITDA Margin Expanding 130 Basis Points

8/10/2026

$142.6 million in Q2 2026 revenue at Lincoln Educational Services Corporation (Nasdaq: LINC) marks a 22.4% year-over-year gain from $116.5 million, with Adjusted EBITDA expanding 42.4% to $12.7 million from $8.9 million on that same base.

Net cash from operating activities improved to $22.1 million generated versus $0.3 million a year earlier. Total liquidity stood at approximately $143 million as of June 30, 2026.

Q2 2026 key metrics | Metric | Q2 2026 (reported) | Q2 2025 (reported) | YoY change | |---|---|---|---| | Revenue | $142.6M | $116.5M | +22.4% | | Adj.

EBITDA | $12.7M | $8.9M | +42.4% | | Operating cash flow | $22.1M | $0.3M | n.m.