Lincoln International, Inc. (LCLN) Income Statement
LCLN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsLCLN revenue and net income
Where LCLN's revenue goes
2025Each bar shows an amount and its share of revenue. LCLN kept 27.3% of revenue as net income.
LCLN profit margins
LCLN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +35.4% | +7.0% | — | — |
| Gross profit | +68.9% | +17.9% | — | — |
| Operating income | +36.4% | −14.4% | — | — |
| Net income | +33.2% | −12.6% | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
LCLN quarterly EPS vs estimates
Lincoln International beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 5, 2026 (estimate $0.39).
LCLN income statement
| 2025 | 2024 | 2023 | 2021 | |
|---|---|---|---|---|
| Revenue | $783.8M | $578.7M | $518.3M | $640.7M |
| Cost of revenue | $101.2M | $174.7M | $153.6M | $224.0M |
| Gross profit | $682.6M | $404.0M | $364.7M | $416.7M |
| Sales, general & admin | $87.9M | $183.2M | $151.1M | $43.8M |
| Total operating expenses | $466.7M | $245.8M | $200.5M | $296.5M |
| Operating income | $215.9M | $158.3M | $164.2M | $344.1M |
| Income before taxes | $219.9M | $167.5M | $172.1M | $344.1M |
| Income taxes | $5.7M | $3.9M | $8.1M | — |
| Net income | $214.1M | $160.7M | $163.0M | $320.6M |
| EBITDA | $257.7M | $172.2M | $171.6M | $347.8M |
| EPS (diluted) | $2.07 | — | — | — |
| Gross margin | 87.1% | 69.8% | 70.4% | 65.0% |
| Operating margin | 27.5% | 27.4% | 31.7% | 53.7% |
| Net margin | 27.3% | 27.8% | 31.5% | 50.0% |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | |
|---|---|---|---|---|
| Revenue | $225.7M | $157.8M | $149.7M | $132.2M |
| Cost of revenue | $195.9M | $46.0M | $70.8M | $70.3M |
| Gross profit | $29.8M | $111.8M | $78.9M | $61.9M |
| Sales, general & admin | $21.5M | $21.5M | $16.7M | $17.4M |
| Total operating expenses | $45.7M | $105.8M | $117.5M | $39.0M |
| Operating income | −$15.9M | $5.9M | $32.1M | $22.9M |
| Income before taxes | −$21.4M | $2.0M | $33.9M | $24.8M |
| Income taxes | $1.5M | $64,000 | — | $843,000 |
| Net income | −$22.9M | $1.9M | $33.8M | $24.6M |
| EBITDA | −$2.2M | $21.2M | $43.3M | $33.3M |
| EPS (diluted) | $0.26 | $0.02 | — | — |
| Gross margin | 13.2% | 70.8% | 52.7% | 46.8% |
| Operating margin | −7.0% | 3.8% | 21.5% | 17.3% |
| Net margin | −10.2% | 1.2% | 22.6% | 18.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in LCLN's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
LCLN financial results
In fiscal year 2025 (ended December 31, 2025), Lincoln International reported revenue of $783.8 million, up 35.4% from the year before. It had net income of $214.1 million (up 33.2%), a net profit margin of 27.3%. Diluted earnings per share came to $2.07.
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LCLN income statement FAQ
What is Lincoln International's annual revenue?
Lincoln International reported total revenue of $783.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 35.4% from $578.7 million the previous year.
Is Lincoln International profitable?
Yes. Lincoln International reported net income of $214.1 million in fiscal 2025, a net profit margin of 27.3%; its operating margin was 27.5%.
What is Lincoln International's gross margin?
Lincoln International's gross margin was 87.1% in fiscal 2025: for every $100 of revenue, Lincoln International kept $87 after the direct cost of its products and services.
What are Lincoln International's earnings per share?
Lincoln International earned $2.07 per diluted share in fiscal 2025.
When will Lincoln International report its next earnings?
Lincoln International is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Lincoln International's fiscal year end?
Lincoln International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.