Lincoln Educational Services Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
378M
8.55%
162M
216M
209M
199M
0M
7M
0M
36M
10M
26M
105.77%
371M
2M
13M
6M
7M
348M
3.86%
149M
200M
182M
147M
0M
11M
0M
16M
4M
13M
-63.61%
331M
0M
17M
6M
11M
335M
14.41%
139M
196M
169M
136M
0M
20M
2M
47M
13M
35M
-28.51%
308M
-2M
27M
7M
20M
293M
7.23%
122M
171M
156M
125M
0M
7M
1M
14M
-35M
49M
2,310.17%
278M
-1M
15M
7M
7M
273M
3.85%
123M
150M
145M
115M
0M
5M
3M
2M
0M
2M
-130.79%
269M
-3M
13M
8M
5M
263M
0.51%
125M
138M
141M
141M
0M
-4M
2M
-6M
0M
-7M
-43.01%
267M
-2M
-3M
8M
-12M
262M
32.98%
129M
132M
139M
139M
0M
-5M
7M
-12M
0M
-11M
-59.43%
268M
-7M
-6M
9M
-15M
197M
1.91%
95M
102M
103M
103M
0M
-5M
6M
-4M
0M
-28M
744.90%
198M
-6M
6M
0M
-5M
193M
-40.55%
92M
101M
98M
98M
0M
1M
7M
-2M
0M
-3M
-94.03%
190M
0M
7M
0M
-8M
325M
-5.80%
164M
161M
168M
168M
0M
-49M
6M
-54M
-1M
-56M
9.45%
333M
0M
-7M
0M
-27M
345M
-14.32%
173M
172M
178M
178M
0M
-10M
5M
-14M
0M
-51M
37.92%
351M
0M
-6M
0M
-30M
403M
-21.44%
192M
210M
204M
204M
0M
-28M
4M
-32M
0M
-37M
-312.01%
397M
0M
6M
0M
-21M
513M
-19.84%
223M
290M
244M
244M
0M
35M
4M
31M
0M
18M
-74.85%
467M
0M
45M
0M
17M
639M
15.74%
240M
400M
271M
271M
0M
123M
5M
118M
0M
70M
41.62%
511M
0M
129M
0M
103M
553M
46.60%
211M
341M
253M
253M
0M
88M
4M
84M
0M
49M
143.82%
464M
0M
89M
0M
64M
377M
14.99%
154M
223M
188M
188M
0M
36M
2M
34M
0M
20M
142.15%
341M
0M
54M
0M
36M
328M
1.95%
140M
188M
162M
162M
0M
26M
2M
24M
0M
8M
-46.37%
302M
0M
42M
0M
26M
322M
7.45%
137M
185M
157M
157M
0M
28M
2M
27M
0M
16M
-16.87%
294M
0M
43M
0M
28M
299M
14.52%
122M
178M
145M
145M
0M
33M
0M
31M
0M
19M
44.16%
267M
0M
46M
0M
32M
261M
31.37%
105M
156M
131M
131M
0M
25M
0M
22M
0M
13M
57.90%
236M
0M
37M
0M
25M
199M
42.87%
85M
114M
98M
98M
0M
16M
0M
14M
0M
8M
-1,319.44%
183M
0M
24M
0M
16M
139M
31.65%
67M
73M
-71M
0M
0M
2M
0M
-1M
0M
-1M
-85.49%
67M
0M
73M
0M
2M
106M
-
53M
53M
59M
0M
0M
-6M
0M
-8M
0M
-5M
-85.49%
112M
0M
-1M
0M
-6M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
2Q2004
1Q2004
4Q2003
3Q2003
2Q2003
1Q2003
103M
11.71%
41M
61M
53M
53M
0M
9M
0M
9M
3M
7M
1.04%
94M
0M
11M
2M
9M
100M
8.50%
43M
56M
54M
54M
0M
2M
0M
3M
1M
2M
-41.76%
98M
1M
4M
2M
2M
89M
7.92%
40M
49M
52M
52M
0M
24M
0M
24M
7M
17M
6,560.23%
92M
1M
-1M
2M
-3M
87M
5.73%
38M
49M
50M
50M
0M
-1M
0M
-1M
-1M
0M
-140.07%
88M
0M
-1M
1M
-1M
92M
4.51%
37M
55M
43M
8M
0M
11M
0M
12M
3M
7M
-71.95%
79M
0M
13M
2M
11M
92M
3.09%
40M
52M
47M
47M
0M
5M
0M
5M
1M
4M
-7.68%
87M
0M
6M
2M
5M
82M
2.09%
36M
46M
46M
46M
0M
0M
0M
0M
0M
0M
-89.32%
82M
0M
2M
2M
0M
83M
5.84%
36M
46M
47M
47M
0M
0M
0M
0M
-1M
0M
-93.94%
83M
0M
1M
2M
0M
88M
7.37%
35M
53M
41M
41M
0M
34M
1M
33M
9M
24M
-47.93%
76M
-1M
12M
2M
11M
89M
13.03%
38M
51M
45M
45M
0M
6M
0M
5M
2M
4M
9.31%
83M
0M
8M
2M
6M
80M
28.80%
34M
47M
43M
43M
0M
3M
0M
3M
1M
2M
209.83%
77M
0M
5M
2M
3M
78M
11.36%
32M
46M
40M
156M
0M
6M
0M
6M
1M
4M
-356.51%
72M
0M
8M
2M
6M
82M
10.66%
31M
50M
39M
156M
0M
11M
0M
11M
-35M
46M
399.89%
71M
0M
11M
2M
9M
79M
8.54%
34M
45M
41M
41M
0M
4M
0M
4M
0M
4M
162.09%
75M
0M
6M
2M
4M
62M
-1.73%
26M
36M
35M
35M
0M
1M
0M
1M
0M
1M
-125.55%
61M
0M
1M
2M
-1M
70M
10.71%
30M
40M
41M
41M
0M
-1M
0M
-2M
0M
-2M
-67.99%
71M
0M
1M
2M
-1M
74M
5.42%
31M
43M
34M
34M
0M
10M
1M
9M
0M
9M
82.95%
64M
-1M
12M
2M
10M
73M
3.59%
33M
39M
37M
37M
0M
2M
1M
1M
0M
1M
-323.33%
71M
-1M
2M
2M
0M
64M
4.01%
30M
34M
36M
36M
0M
-2M
1M
-3M
0M
-3M
-25.34%
66M
-1M
0M
2M
-2M
63M
2.22%
30M
33M
38M
38M
0M
-5M
1M
-5M
0M
-5M
-20.47%
68M
-1M
-3M
2M
-5M
70M
4.02%
31M
39M
33M
33M
0M
6M
1M
5M
0M
5M
-34.71%
64M
0M
6M
2M
4M
70M
4.12%
33M
37M
36M
36M
0M
0M
1M
-1M
0M
-1M
-59.73%
70M
0M
3M
2M
1M
61M
-1.20%
30M
31M
34M
34M
0M
-4M
1M
-4M
0M
-4M
-39.39%
65M
0M
-4M
2M
-6M
62M
-5.19%
31M
31M
38M
38M
0M
-6M
1M
-7M
0M
-7M
-37.10%
68M
0M
-6M
2M
-8M
67M
33.87%
30M
37M
29M
29M
0M
8M
1M
7M
0M
8M
-141.38%
60M
0M
8M
2M
6M
67M
35.15%
34M
33M
35M
35M
0M
-1M
1M
-1M
0M
-1M
216.35%
70M
0M
-2M
2M
-4M
62M
47.67%
32M
29M
36M
36M
0M
-6M
1M
-7M
0M
-7M
115.77%
68M
0M
-4M
2M
-6M
65M
50.26%
33M
33M
38M
38M
0M
-6M
5M
-11M
0M
-11M
80.11%
71M
0M
-6M
2M
-8M
50M
3.05%
23M
28M
23M
27M
0M
0M
1M
0M
0M
-19M
-317.68%
46M
0M
6M
2M
4M
50M
-36.99%
24M
25M
24M
24M
0M
1M
1M
1M
0M
0M
-118.25%
49M
0M
3M
2M
0M
42M
-42.13%
22M
20M
23M
23M
0M
-3M
2M
-3M
0M
-3M
-58.74%
45M
0M
-1M
3M
-4M
43M
-43.37%
23M
20M
27M
27M
0M
-6M
2M
-6M
0M
-6M
-11.84%
50M
0M
-1M
3M
-5M
49M
-42.82%
23M
26M
20M
22M
0M
4M
2M
5M
0M
9M
84.50%
43M
0M
9M
4M
6M
79M
-6.63%
39M
40M
35M
35M
0M
5M
2M
3M
0M
3M
-106.78%
74M
0M
5M
3M
2M
72M
-6.17%
37M
35M
41M
41M
0M
-6M
2M
-8M
0M
-8M
-34.42%
79M
0M
-6M
4M
-9M
77M
-4.06%
38M
39M
44M
44M
0M
-5M
2M
-7M
0M
-7M
-37.96%
82M
0M
-5M
4M
-9M
85M
-3.42%
39M
46M
36M
34M
0M
9M
1M
8M
0M
5M
-114.43%
75M
0M
11M
5M
6M
85M
-4.35%
43M
41M
42M
42M
0M
-42M
2M
-44M
0M
-38M
1,573.15%
86M
0M
-1M
5M
-5M
77M
-9.46%
42M
36M
46M
46M
0M
-10M
1M
-11M
0M
-12M
23.65%
87M
0M
-10M
5M
-15M
80M
-11.23%
43M
37M
47M
47M
0M
-9M
1M
-11M
0M
-11M
48.18%
89M
0M
-9M
5M
-14M
88M
-13.64%
42M
46M
40M
31M
0M
7M
1M
5M
0M
-32M
169.24%
82M
0M
7M
6M
0M
89M
-15.01%
47M
42M
44M
44M
0M
-3M
1M
-4M
0M
-2M
53.37%
91M
0M
-3M
6M
-9M
85M
-15.09%
45M
40M
50M
50M
0M
-14M
1M
-16M
0M
-9M
-54.71%
94M
0M
-9M
6M
-15M
90M
-14.10%
46M
44M
53M
53M
0M
-11M
1M
-12M
0M
-7M
145.07%
99M
0M
-9M
6M
-15M
102M
-11.34%
47M
56M
46M
39M
0M
-10M
1M
-11M
0M
-12M
-293.19%
93M
0M
9M
6M
3M
104M
-15.66%
52M
53M
53M
53M
0M
-2M
1M
-4M
0M
-1M
-62.20%
105M
0M
-1M
6M
-7M
100M
-21.73%
50M
51M
55M
55M
0M
-28M
1M
-29M
0M
-21M
-520.04%
105M
0M
-4M
7M
-11M
105M
-27.85%
52M
53M
57M
57M
0M
-4M
1M
-5M
0M
-3M
-129.50%
109M
0M
-4M
7M
-11M
116M
-30.81%
52M
64M
52M
52M
0M
12M
1M
11M
0M
6M
-73.36%
103M
0M
19M
7M
12M
123M
-26.15%
57M
66M
61M
61M
0M
-5M
1M
-6M
0M
-4M
-120.79%
118M
0M
5M
8M
-2M
128M
-16.08%
55M
74M
183M
64M
0M
9M
1M
8M
0M
5M
-62.64%
238M
0M
9M
7M
3M
145M
-4.66%
59M
86M
68M
68M
0M
18M
1M
17M
0M
10M
-28.38%
127M
0M
25M
7M
18M
167M
6.07%
59M
108M
59M
59M
0M
42M
1M
41M
0M
23M
3.86%
119M
0M
55M
7M
48M
167M
12.70%
63M
104M
72M
72M
0M
32M
1M
31M
0M
19M
38.26%
135M
0M
32M
6M
26M
153M
19.27%
58M
95M
72M
72M
0M
23M
1M
22M
0M
13M
77.69%
130M
0M
23M
7M
16M
152M
28.56%
59M
94M
68M
68M
0M
25M
1M
24M
0M
14M
148.33%
127M
0M
25M
6M
19M
157M
46.72%
54M
103M
63M
63M
0M
40M
1M
39M
0M
22M
74.97%
117M
0M
47M
7M
40M
148M
47.66%
58M
91M
67M
67M
0M
24M
1M
23M
0M
14M
139.33%
124M
0M
24M
6M
18M
128M
50.62%
51M
77M
64M
64M
0M
13M
1M
12M
0M
7M
498.39%
115M
0M
13M
6M
7M
119M
41.11%
48M
70M
60M
60M
0M
11M
1M
10M
0M
6M
1,103.10%
108M
0M
16M
5M
11M
107M
18.86%
39M
68M
47M
47M
0M
21M
3M
21M
0M
13M
32.68%
86M
0M
26M
4M
21M
100M
16.07%
42M
59M
49M
48M
0M
10M
1M
10M
0M
6M
179.84%
90M
0M
15M
4M
10M
85M
11.51%
36M
49M
46M
46M
0M
3M
1M
2M
0M
1M
-173.00%
82M
0M
7M
5M
3M
84M
7.56%
37M
47M
46M
46M
0M
1M
1M
1M
0M
0M
-129.91%
83M
0M
6M
4M
1M
90M
4.84%
35M
55M
38M
38M
0M
17M
3M
17M
0M
10M
0.29%
73M
0M
21M
4M
17M
87M
2.44%
37M
50M
41M
41M
0M
8M
1M
7M
0M
2M
-8.65%
78M
0M
12M
4M
8M
76M
1.21%
35M
42M
44M
41M
0M
-2M
1M
-3M
0M
-2M
-275.98%
79M
0M
5M
4M
1M
78M
3.48%
36M
42M
45M
45M
0M
-2M
0M
-3M
0M
-2M
-158.58%
81M
0M
2M
4M
-2M
86M
5.33%
35M
51M
34M
35M
0M
17M
1M
16M
0M
10M
-22.71%
69M
0M
20M
4M
16M
85M
7.85%
37M
48M
43M
43M
0M
5M
1M
4M
0M
2M
-59.31%
80M
0M
9M
4M
5M
75M
10.44%
33M
43M
41M
41M
0M
2M
1M
2M
0M
1M
2,200.00%
74M
0M
5M
4M
2M
76M
6.55%
32M
43M
39M
39M
0M
5M
0M
5M
0M
3M
257.77%
71M
0M
8M
4M
5M
82M
11.55%
30M
51M
30M
30M
0M
21M
0M
21M
0M
12M
103.21%
60M
0M
25M
4M
21M
78M
13.23%
33M
46M
38M
38M
0M
8M
0M
8M
0M
5M
24.86%
70M
0M
11M
4M
8M
68M
15.25%
30M
39M
38M
37M
0M
1M
1M
0M
0M
0M
-95.12%
67M
0M
4M
4M
1M
71M
18.96%
29M
42M
39M
39M
0M
3M
1M
1M
0M
1M
-52.29%
68M
0M
5M
3M
3M
73M
21.81%
26M
73M
-68M
33M
0M
6M
1M
10M
0M
6M
6.04%
68M
0M
-163M
0M
6M
69M
28.83%
25M
69M
-61M
33M
0M
8M
1M
8M
0M
4M
25.55%
61M
0M
69M
0M
8M
59M
35.32%
22M
59M
-57M
33M
0M
2M
1M
1M
0M
1M
-179.48%
57M
0M
59M
0M
2M
60M
44.44%
22M
60M
-56M
32M
0M
4M
1M
3M
0M
2M
3,662.79%
56M
0M
60M
0M
4M
60M
-
75M
60M
-50M
98M
0M
10M
3M
14M
0M
6M
3,662.79%
50M
0M
-123M
0M
10M
54M
-
0M
54M
-47M
0M
0M
7M
0M
0M
0M
3M
3,662.79%
47M
0M
54M
0M
7M
44M
-
0M
44M
-45M
0M
0M
-1M
0M
0M
0M
-1M
3,662.79%
45M
0M
44M
0M
-1M
41M
-
0M
41M
-40M
0M
0M
1M
0M
0M
0M
0M
3,662.79%
40M
0M
41M
0M
1M