Lincoln National Corp

American holding company

LNC NYSE SEC CIK 59558
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $4.5B +12.3% vs same quarter last year
Net income $1.3B +90.6% vs same quarter last year
EPS, diluted $6.72 +76.8% vs same quarter last year
Operating cash flow −$558M −155.1% vs same quarter last year
Revenue by quarter
$4.1B
$5.1B
$4.7B
$4B
$4.6B
$4.9B
$5.3B
$4.5B
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal years
  • Revenue
  • Net income
−$5B$0$5B$10B$15B$20BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$18.2B$1.2B
FY24$18.4B$3.3B
FY23$11.6B−$752M
FY22$18.8B$1.4B
FY21$17.7B$3.8B
FY20$17.4B$499M
FY19$17.3B$886M
FY18$1.3B$1.6B
FY17$14.3B$2.1B
FY16$13.3B$1.2B
FY15$13.6B$1.2B
FY14$13.6B$1.5B
FY13$12B$1.2B
FY12$11.5B$1.3B
FY11$10.6B$221M
MarginsShare of revenue
−50%0%50%100%150%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearNet margin
FY256.5%
FY2417.8%
FY23−6.5%
FY227.2%
FY2121.3%
FY202.9%
FY195.1%
FY18122.2%
FY1714.6%
FY168.9%
FY158.5%
FY1411.2%
FY1310.4%
FY1211.4%
FY112.1%
Returned to shareholdersDividends paid and shares bought back
  • Dividends
  • Buybacks
$0$500M$1B$1.5BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearDividendsBuybacks
FY25$325M-
FY24$307M$0
FY23$305M$0
FY22$310M$550M
FY21$319M$1.1B
FY20$311M$275M
FY19$303M$550M
FY18$289M$900M
FY17$262M$725M
FY16$238M$879M
FY15$204M$900M
FY14$170M$650M
FY13$128M$450M
FY12$91M$492M
FY11$61M$575M
Net margin vs the sectorMedian of Financials companies filing with the SEC
  • Lincoln National
  • Financials median
−50%0%50%100%150%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearLincoln NationalFinancials median
FY256.5%19.8%
FY2417.8%19.9%
FY23−6.5%17.5%
FY227.2%22%
FY2121.3%21.5%
FY202.9%9.9%
FY195.1%13.7%
FY18122.2%16.4%
FY1714.6%13.2%
FY168.9%10.9%
FY158.5%12.8%
FY1411.2%8.6%
FY1310.4%11.2%
FY1211.4%5.2%
FY112.1%5.6%

News

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