Lincoln Educational Reports Strong Q3 2026 Results with Revenue Growth and Raised Guidance
Lincoln Educational (LINC) reported robust third-quarter 2026 financial results, characterized by a 12.6% year-over-year revenue increase to $159.2 million. This growth was primarily fueled by an 11.4% rise in the total student population and a significant 14.2% jump in student starts. The company demonstrated strong operational efficiency, with adjusted EBITDA rising over 30% to $17.4 million, reflecting margin expansion of 150 basis points. Driven by strong year-to-date performance, management raised its full-year revenue guidance to a range of $600 million to $605 million. While the company faces rising costs per lead due to evolving AI search engine environments, strategic investments in new facilities like the Suitland and Melrose Park campuses are expected to drive long-term capacity. The company remains committed to its 2030 targets of $850 million in revenue and $150 million in EBITDA.
Tickers: $LINC
Topics: EBITDA Expansion EPS Increase Guidance Raise Revenue Growth Share Repurchases