Lincoln Educational Services CORP (LINC) — SEC Filings

Overview

Lincoln Educational Services CORP (LINC) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a ARS filed on Mar 26, 2026: Lincoln Educational Services Corp. (CIK: 0001286613) filed its Annual Report to Security Holders (ARS) on March 26, 2026, for the fiscal year ending December 31, 2025. This routine filing provides shareholders with the company's annual financial and operational overview, which is crucial for underst

Sentiment Summary

Across 30 filings, the sentiment breakdown is: 3 bullish, 2 bearish, 24 neutral, 1 mixed. The dominant filing sentiment for Lincoln Educational Services CORP is neutral.

Filing Type Overview

Lincoln Educational Services CORP (LINC) has filed 1 ARS, 1 DEFA14A, 11 8-K, 6 10-Q, 2 DEF 14A, 2 10-K, 3 SC 13D/A, 3 SC 13G, 1 SC 13G/A with the SEC between Jan 2024 to Mar 2026.

Filings by Year

2026 · 2025 · 2024

Recent Filings (30)

• Lincoln Educational Files 2025 Annual Report to Security Holders — ARS · Mar 26, 2026
  Lincoln Educational Services Corp. (CIK: 0001286613) filed its Annual Report to Security Holders (ARS) on March 26, 2026, for the fiscal year ending December 31
• Lincoln Educational Files DEFA14A for Proxy Solicitation — DEFA14A · Mar 26, 2026
  This DEFA14A filing from LINCOLN EDUCATIONAL SERVICES CORP, filed on March 26, 2026, indicates additional definitive proxy soliciting materials. While the filin
• Lincoln Educational Services Corp. Files 8-K with Material Agreements & Officer Changes — 8-K · Dec 23, 2025 Risk: medium
  On December 19, 2025, Lincoln Educational Services Corp. filed an 8-K report detailing a material definitive agreement and changes in its board and officer comp
• LINC's Revenue Soars 17% as Net Income Jumps 139% Amid Campus Expansion — 10-Q · Nov 10, 2025 Risk: medium
  LINCOLN EDUCATIONAL SERVICES CORP (LINC) reported a significant increase in revenue for the nine months ended September 30, 2025, reaching $375,369 thousand, up
• Lincoln Ed Posts Q2 Loss Amid Revenue Dip, Enrollment Challenges — 10-Q · Aug 11, 2025 Risk: high
  LINCOLN EDUCATIONAL SERVICES CORP reported a net loss of $1.5 million for the three months ended June 30, 2025, a significant decline from the net income of $2.
• Lincoln Educational Services Corp Files 8-K — 8-K · May 14, 2025 Risk: low
  On May 8, 2025, Lincoln Educational Services Corporation filed an 8-K report detailing a shareholder meeting where proposals were voted on. The filing also incl
• Lincoln Educational Services Corp. Q1 2025 10-Q Filing — 10-Q · May 12, 2025 Risk: medium
  Lincoln Educational Services Corp. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the
• Lincoln Educational Services Corp DEF 14A Filing — DEF 14A · Apr 10, 2025 Risk: medium
  Lincoln Educational Services Corp filed a DEF 14A on April 10, 2025, detailing executive compensation and corporate governance for the fiscal year ending Decemb
• Lincoln Educational Services Corp. Files 8-K — 8-K · Mar 11, 2025 Risk: medium
  On March 7, 2025, Lincoln Educational Services Corporation entered into a material definitive agreement. This filing also indicates the creation of a direct fin
• Lincoln Educational Services Files 2024 10-K — 10-K · Mar 4, 2025 Risk: medium
  Lincoln Educational Services Corp. filed its 2024 10-K on March 4, 2025, reporting on its fiscal year ending December 31, 2024. The company, headquartered in Pa
• Lincoln Educational Services Files 8-K on Financials — 8-K · Feb 24, 2025 Risk: low
  Lincoln Educational Services Corp. filed an 8-K on February 24, 2025, reporting on its results of operations and financial condition. The filing includes financ
• Juniper Investment Group Amends Lincoln Ed Services Filing — SC 13D/A · Dec 2, 2024 Risk: medium
  On December 2, 2024, Juniper Investment Company, LLC, along with group members Alexis P. Michas, John A. Bartholdson, Juniper HF Investors II, LLC, Juniper Targ
• Lincoln Educational Services Corp. Files Q3 2024 10-Q — 10-Q · Nov 12, 2024 Risk: low
  Lincoln Educational Services Corp. filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for
• SC 13G Filing — SC 13G · Sep 16, 2024
• Lincoln Educational Services Corp. Files Q2 2024 10-Q — 10-Q · Aug 8, 2024 Risk: medium
  Lincoln Educational Services Corp. filed its 10-Q for the period ending June 30, 2024. The filing details the company's financial performance and position, incl
• Lincoln Educational Services Secures New $150M Credit Facility — 8-K · Jul 23, 2024 Risk: low
  On July 18, 2024, Lincoln Educational Services Corporation entered into a Material Definitive Agreement, specifically a Credit Agreement, with various lenders i
• Lincoln Educational Services Corp. Announces CFO Departure and New Directors — 8-K · Jul 1, 2024 Risk: medium
  Lincoln Educational Services Corp. announced on June 27, 2024, the departure of its Chief Financial Officer, Scott Shaw. The company has appointed Brian N. Uhl
• Lincoln Educational Services to be Acquired by Bookend Capital Partners — 8-K · May 7, 2024 Risk: medium
  Lincoln Educational Services Corp. announced on May 2, 2024, that it has entered into a definitive agreement to be acquired by an affiliate of Bookend Capital P
• Lincoln Educational Services Corp. Files 10-Q for Period Ending March 31, 2024 — 10-Q · May 6, 2024 Risk: low
  LINCOLN EDUCATIONAL SERVICES CORP (LINC) filed a Quarterly Report (10-Q) with the SEC on May 6, 2024. Lincoln Educational Services Corp. filed a 10-Q report on
• Lincoln Educational Services Corp. Announces 2024 Annual Meeting of Shareholders — DEF 14A · Apr 3, 2024 Risk: low
  LINCOLN EDUCATIONAL SERVICES CORP (LINC) filed a Proxy Statement (DEF 14A) with the SEC on April 3, 2024. Annual Meeting scheduled for May 2, 2024, at 9:00 a.m.
• Lincoln Educational Services to be Acquired for $4.80/Share — 8-K · Mar 19, 2024 Risk: medium
  Lincoln Educational Services Corp. announced on March 19, 2024, that it has entered into a definitive agreement to be acquired by an affiliate of BPEA EQT for a
• Lincoln Educational Services Corp. Announces CFO Departure, New Directors — 8-K · Mar 15, 2024 Risk: medium
  Lincoln Educational Services Corp. announced on March 13, 2024, the departure of its Chief Financial Officer, Scott M. Shaw. The company has appointed Brian S.
• Juniper Investment Group Amends Lincoln Educational Services Filing — SC 13D/A · Mar 13, 2024 Risk: medium
  On March 13, 2024, Juniper Investment Company, LLC, along with its group members Alexis P. Michas, John A. Bartholdson, and Juniper HF Investors II, LLC, filed
• Juniper Investment Amends Lincoln Educational Services Stake — SC 13D/A · Mar 5, 2024 Risk: medium
  Juniper Investment Company, LLC, along with its group members Alexis P. Michas and John A. Bartholdson, filed an amendment (Amendment No. 4) to their Schedule 1
• Lincoln Educational Services Files 2023 Annual Report — 10-K · Mar 5, 2024 Risk: medium
  Lincoln Educational Services Corp. filed its 2023 10-K on March 5, 2024, reporting on its fiscal year ending December 31, 2023. The company, headquartered in Pa
• Lincoln Educational Services Reports Financial Condition — 8-K · Feb 26, 2024 Risk: low
  LINCOLN EDUCATIONAL SERVICES CORPORATION filed an 8-K on February 26, 2024, reporting on its results of operations and financial condition. The filing indicates
• Lincoln Educational Services Incurs New Financial Obligation — 8-K · Feb 23, 2024 Risk: medium
  On February 16, 2024, Lincoln Educational Services Corporation entered into a material definitive agreement and incurred a direct financial obligation. The 8-K
• Herr Investment Group Discloses 3.7% Passive Stake in Lincoln Ed — SC 13G · Feb 8, 2024 Risk: low
  Herr Investment Group, LLC, a Delaware-based investment firm, has reported a significant passive stake in Lincoln Educational Services Corporation (NASDAQ: LINC
• BlackRock Discloses Significant Stake in Lincoln Educational Services — SC 13G · Jan 31, 2024
  BlackRock Inc., a major investment firm, reported on January 31, 2024, that as of December 31, 2023, it holds a significant stake in Lincoln Educational Service
• Royce & Associates Cuts Lincoln Ed Stake to 431,118 Shares — SC 13G/A · Jan 30, 2024
  Royce & Associates, LP, an investment firm, filed an amended Schedule 13G/A on January 30, 2024, disclosing their ownership in Lincoln Educational Services Corp

Risk Profile

Risk Assessment: Of LINC's 25 recent filings, 1 were flagged as high-risk, 16 as medium-risk, and 8 as low-risk. The overall risk profile suggests moderate risk with a balanced mix of positive and cautionary disclosures.

Financial Highlights

Key financial metrics from Lincoln Educational Services CORP's most recent 10-Q filing (Nov 10, 2025):

• Revenue: $375,369
• Net Income: $7,298
• EPS: $0.24
• Debt-to-Equity: 0.04
• Cash Position: $13,480
• Operating Margin: 3.35%
• Total Assets: $466,939
• Total Debt: $8,000

Key Executives

• Alexis P. Michas
• John A. Bartholdson
• Scott Shaw
• Brian N. Uhl
• David R. Johnson
• Michael J. Muldowney
• Scott M. Shaw
• Brian S. N. McDonough
• Robert J. Gula
• David L. Johnson

Industry Context

Lincoln Educational Services operates in the postsecondary career education sector, focusing on skilled trades, automotive, health sciences, and IT. The industry is characterized by a need for specialized training and is influenced by workforce demand for skilled labor. Competition comes from various vocational schools, community colleges, and online platforms, with accreditation and access to federal financial aid being critical success factors.

Top Tags

financials (4) · 10-Q (4) · education (4) · annual-report (3) · amendment (3) · institutional-ownership (3) · regulatory-filing (2) · corporate-governance (2) · material-agreement (2) · sec-filing (2)

Key Numbers

• Report Date: 20251219 — Date of earliest event reported in the 8-K filing.
• Filing Date: 20251223 — Date the 8-K was officially filed with the SEC.
• Revenue (Nine Months Ended Sep 30, 2025): $375,369 — Increased 17.05% from $320,691 thousand in 2024
• Net Income (Nine Months Ended Sep 30, 2025): $7,298 — Increased 138.7% from $3,057 thousand in 2024
• Cash and Cash Equivalents (Sep 30, 2025): $13,480 — Decreased 77.2% from $59,273 thousand at Dec 31, 2024
• Capital Expenditures (Nine Months Ended Sep 30, 2025): $68,127 — Increased from $32,094 thousand in 2024, a 112.2% rise
• Long-term Debt (Sep 30, 2025): $8,000 — Increased from $0 at Dec 31, 2024
• Accounts Receivable, net (Sep 30, 2025): $51,131 — Increased from $42,983 thousand at Dec 31, 2024
• Allowance for Accounts Receivable (Sep 30, 2025): $47,605 — Increased from $42,615 thousand at Dec 31, 2024
• Shares Outstanding (Nov 10, 2025): 31,623,795 — Slightly increased from 31,462,640 shares at Dec 31, 2024
• Basic Net Income Per Common Share (Nine Months Ended Sep 30, 2025): $0.24 — Increased from $0.10 in 2024
• Property, Equipment and Facilities, net (Sep 30, 2025): $160,490 — Increased from $103,533 thousand at Dec 31, 2024, reflecting capital investments
• Q2 2025 Net Loss: $1.5M — Represents a significant decline from $2.3M net income in Q2 2024.
• Q2 2025 Revenue: $80.1M — Decreased by 5.2% from $84.5M in Q2 2024, indicating lower student enrollment.
• YTD 2025 Net Loss: $3.2M — Compared to $4.8M net income for the same period in 2024, showing a worsening financial trend.

Forward-Looking Statements

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