Flagship explainer
How LINCOLN EDUCATIONAL SERVICES CORPORATION makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $518M | 100% |
| |
| Cost of revenue | $205M | 40% |
|
| $313M | 60% |
| |
| $30.3M | 6% |
| |
| Income before tax | $26.1M | 5% |
|
| Income tax | $6.1M | 1% |
|
| $20M | 4% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001140361-26-007380