Every 8-K that Lincoln Educational Services (LINC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LINC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LINC filings page.
Lincoln Educational Services Corporation reported significantly improved results for the quarter and six months ended June 30, 2026 and reiterated its full-year 2026 guidance. Second-quarter revenue was $142.6 million with net income of $1.9 million, up from $1.6 million a year earlier, and operating income rose to $3.3 million. Adjusted EBITDA for the quarter increased to $12.7 million from $8.9 million.
For the first half of 2026, revenue reached $286.5 million and net income $6.3 million, with adjusted EBITDA of $28.2 million. Management highlighted over 22% year-to-date revenue growth and over 60% growth in adjusted EBITDA, supported by strong demand for skilled trades programs and higher student populations.
The company reiterated 2026 guidance for revenue of $590–$600 million, adjusted EBITDA of $76–$80 million, net income of $23–$26 million, diluted EPS of $0.74–$0.83, and student start growth of 10%–14%, while raising capital expenditure guidance to $95–$100 million. Cash was $44.2 million with total liquidity of $143.2 million, and $26.0 million was outstanding under the revolving credit facility.
Lincoln Educational Services Corporation, through its wholly owned subsidiary Lincoln Technical Institute, completed the purchase of its Melrose Park, Illinois campus property at 8315-8317 W. North Avenue for $18,800,000.00. The site had previously been operated under a lease from Melrose Omni, LLC.
To fund a portion of the purchase price, Lincoln Technical Institute obtained a $15,040,000.00 mortgage loan from Provident Bank, with the remaining amount paid from cash on hand. The loan bears a fixed interest rate of 5.99% per year for the first five years, then resets to a floating rate equal to 1.75% above the weekly average yield on five-year U.S. Treasury securities, with a floor of 5.00% per year, and matures on July 1, 2036. Beginning August 1, 2026, the subsidiary will make monthly principal and interest payments of approximately $97,628. The debt is secured by a mortgage and related security interests in the property, and is supported by a continuing guaranty from the company and its subsidiaries.
Lincoln Educational Services Corporation, through its wholly owned subsidiary Lincoln Technical Institute, agreed to buy the Melrose Park, Illinois campus property it currently leases. The real estate at 8315-8317 W. North Avenue will be purchased from Melrose Omni, LLC for $18,800,000.00, subject to adjustments under the purchase and sale agreement.
The agreement includes customary representations, warranties, covenants and closing conditions, such as due diligence on the property’s condition, title and legal compliance. The parties anticipate closing the transaction on June 25, 2026, which would convert a leased campus location into an owned facility.
Lincoln Educational Services Corporation reported strong first quarter 2026 results and raised its full-year outlook. Revenue for the three months ended March 31, 2026 increased to 143,957 from 117,506 (in thousands), while net income rose to 4,356 from 1,944 (in thousands). Diluted earnings per share improved to $0.14 from $0.06.
Operating income nearly doubled to 6,407 from 3,413 (in thousands), and net cash provided by operating activities was 4,566 (in thousands), compared with net cash used of 8,378 (in thousands) a year earlier. Student starts grew 19.5%, with strong gains in Transportation and Skilled Trades programs.
Based on this performance, the company raised its 2026 guidance. It now expects revenue of $590–$600 million, adjusted EBITDA of $76–$80 million, net income of $23–$26 million, diluted EPS of $0.74–$0.83, and student start growth of 10%–14%, while maintaining capital expenditure guidance.
Lincoln Educational Services Corporation reported that all proposals at its 2026 Annual Meeting were approved and outlined long-term growth plans. Shareholders elected 10 directors, with each nominee receiving about 23.5 million votes for and roughly 0.2–0.4 million votes withheld, with over 3.1 million broker non-votes.
Shareholders approved, on a non-binding advisory basis, executive compensation with 22.6 million votes for and 1.2 million against, and ratified Deloitte & Touche LLP as auditor with 26.8 million votes for. Management’s shareholder presentation highlighted a strategy focused on trades-focused education, new campuses and programs, and a forecast to exceed original 2027 targets of $550 million revenue and $90 million adjusted EBITDA, with expectations of over $600 million revenue and 24 campuses by 2027.
Lincoln Educational Services Corporation entered into an amended and restated revolving credit facility that increases its borrowing capacity to $125 million, up from $60 million. The facility includes a $10 million letter of credit sublimit and a $25 million accordion feature, giving the company additional access to liquidity for working capital, general corporate and other permitted purposes.
The five-year facility is guaranteed by wholly owned subsidiaries and secured by a first‑priority lien on substantially all personal property, and it matures on April 11, 2031. Borrowings will bear interest at either a SOFR-based Tranche Rate or a Prime-based Base Rate, plus a margin that varies by the company’s Total Leverage Ratio. In its press release, Lincoln highlighted previously announced 19–20% student start growth for the first quarter of 2026 as evidence of demand for its programs and support for its long-term growth strategy.
Lincoln Educational Services Corporation hosted an Investor Day where leaders outlined near-term guidance and long-term growth plans through 2030. Management expects first quarter 2026 student start growth to rise about 19% year over year, reflecting continued strong demand for skilled-trades and healthcare training.
For full-year 2026, the company targets revenue of $580 million to $590 million versus $518 million in 2025, adjusted EBITDA of $72 million to $76 million versus $57 million, and net income of $20 million to $23 million with diluted EPS of $0.64 to $0.74. Capital expenditures are projected at $70 million to $75 million, roughly 70% tied to new campuses and program expansions.
Lincoln projects approximately 8% to 13% growth in student starts from 20,906 in 2025 and highlights that revenue and adjusted EBITDA are approaching or exceeding prior 2027 goals a year early. By 2030, the company targets about $850 million in revenue, doubled adjusted EBITDA, and tripled net income, supported by organic growth, a hybrid learning model, and a pipeline of new campuses in underserved markets.
Lincoln Educational Services reported strong fourth-quarter and full-year 2025 results and issued an upbeat 2026 outlook. Revenue for 2025 rose to $518.2 million from $440.1 million, while net income doubled to $20.0 million from $9.9 million. Adjusted EBITDA increased to $67.1 million from $42.3 million.
Fourth-quarter 2025 revenue grew to $142.9 million from $119.4 million, with net income climbing to $12.7 million from $6.8 million. Student starts for 2025 reached 20,906, up 15.2%, driven by transportation and skilled trades programs, where starts rose 23.4%.
For 2026, Lincoln targets revenue of $580–$590 million, adjusted EBITDA of $72–$76 million, and net income of $20–$23 million, with diluted EPS of $0.64–$0.74. Guidance implies continued double-digit growth and includes about $10 million of new campus and strategic initiative costs.
Lincoln Educational Services (LINC) furnished a Form 8-K under Item 2.02 announcing financial results for the third quarter ended September 30, 2025.
The press release is included as Exhibit 99.1 and, as furnished, is not deemed “filed” under Section 18 of the Exchange Act nor incorporated into Securities Act filings unless specifically identified.
Lincoln Educational Services Corporation, a New Jersey corporation trading as LINC on NASDAQ, furnished a press release on August 11, 2025 announcing financial results for the quarter ended June 30, 2025. The press release is attached as Exhibit 99.1 to this Current Report and is explicitly furnished under Item 2.02 rather than filed, and the Company states that the furnished information is not to be deemed "filed" or incorporated by reference in other filings. The filing reiterates that furnishing the information is not a determination of materiality or a recommendation for investment decisions. The report lists the company headquarters in Parsippany, New Jersey, includes the company telephone number, and is signed by Brian K. Meyers, Executive Vice President, Chief Financial Officer and Treasurer.