{
  "name": "Lincoln Educational Services Corp",
  "legal_name": "LINCOLN EDUCATIONAL SERVICES CORP",
  "ticker": "LINC",
  "tickers": [
    "LINC"
  ],
  "cik": "0001286613",
  "page_url": "https://steadybase.io/company/lincoln-educational-services-corp/",
  "markdown_url": "https://steadybase.io/company/lincoln-educational-services-corp.md",
  "json_url": "https://steadybase.io/company/lincoln-educational-services-corp.json",
  "as_of": "2026-11-10",
  "last_filed": "2026-08-10",
  "industry": {
    "sic": "8200",
    "description": "Services-Educational Services"
  },
  "headquarters": {
    "city": "Parsippany",
    "state": "NJ",
    "country": "US"
  },
  "exchanges": [
    "Nasdaq"
  ],
  "fiscal_year_end": "December 31",
  "filer_category": "Accelerated filer",
  "state_of_incorporation": "NJ",
  "website": "lincolneducationalservices.com",
  "investor_relations_url": null,
  "linkedin_company_url": null,
  "summary": {
    "text": "Business Activities — Lincoln Educational Services Corporation and its subsidiaries (collectively, the “Company”, “we”, “our”, and “us”, as applicable) provide diversified career-oriented postsecondary education to recent high school graduates and working adults.",
    "section": "Item 1. Business",
    "period_end": "2025-12-31",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm"
  },
  "key_facts": [
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      "key": "revenue",
      "label": "Revenue",
      "value": 518241000,
      "unit": "USD",
      "period_start": "2025-01-01",
      "period_end": "2025-12-31",
      "basis": "filing_fact",
      "form": "10-K",
      "filed": "2026-03-02",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/0001140361-26-007380-index.html",
      "text": "Revenue: $518.2M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 2, 2026)."
    },
    {
      "key": "operating_income",
      "label": "Operating income",
      "value": 30312000,
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      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/0001140361-26-007380-index.html",
      "text": "Operating income: $30.3M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 2, 2026)."
    },
    {
      "key": "net_income",
      "label": "Net income",
      "value": 19998000,
      "unit": "USD",
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      "period_end": "2025-12-31",
      "basis": "filing_fact",
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      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/0001140361-26-007380-index.html",
      "text": "Net income: $20.0M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 2, 2026)."
    },
    {
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      "label": "SG&A",
      "value": 282946000,
      "unit": "USD",
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      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/0001140361-26-007380-index.html",
      "text": "SG&A: $282.9M for the fiscal year ended Dec 31, 2025 (10-K filed Mar 2, 2026)."
    },
    {
      "key": "employees",
      "label": "Employees",
      "value": 2590,
      "unit": "people",
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      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm",
      "text": "Employees: 2,590 as of Dec 31, 2025, as reported in an SEC filing."
    },
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      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126042810/0001140361-26-042810-index.html",
      "text": "Shares outstanding: 30,781,545 as of Nov 9, 2026 (10-Q filed Nov 9, 2026)."
    },
    {
      "key": "auditor",
      "label": "Auditor",
      "value": "Deloitte & Touche LLP",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm",
      "text": "Auditor: Deloitte & Touche LLP, Morristown, New Jersey, named in the latest 10-K."
    }
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      "items": [
        {
          "item": "1.01",
          "label": "Entry into a material definitive agreement",
          "signal": "deal"
        },
        {
          "item": "5.02",
          "label": "Departure or appointment of directors or officers; compensation",
          "signal": "leadership_change"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036125046577/ef20061859_8k.htm"
    },
    {
      "filed": "2025-11-10",
      "items": [
        {
          "item": "2.02",
          "label": "Results of operations and financial condition (earnings release)",
          "signal": "earnings"
        },
        {
          "item": "9.01",
          "label": "Financial statements and exhibits",
          "signal": "exhibits"
        }
      ],
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036125041367/ef20058711_8k.htm"
    }
  ],
  "insider_trades": [
    {
      "owner": "Alexandra M. Luster",
      "role": "SVP and General Counsel",
      "action": "sold",
      "code": "S",
      "shares": 18007,
      "value_usd": 803832,
      "date": "2026-06-15",
      "filed": "2026-06-15",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000098/0001286613-26-000098-index.htm"
    },
    {
      "owner": "Kevin M. Carney",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 3000,
      "value_usd": 144000,
      "date": "2026-06-10",
      "filed": "2026-06-10",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000096/0001286613-26-000096-index.htm"
    },
    {
      "owner": "Alexandra M. Luster",
      "role": "SVP and General Counsel",
      "action": "sold",
      "code": "S",
      "shares": 1993,
      "value_usd": 99869,
      "date": "2026-06-05",
      "filed": "2026-06-09",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000094/0001286613-26-000094-index.htm"
    },
    {
      "owner": "Felecia J. Pryor",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 2000,
      "value_usd": 99400,
      "date": "2026-06-03",
      "filed": "2026-06-04",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000092/0001286613-26-000092-index.htm"
    },
    {
      "owner": "James J. Burke Jr",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 15807,
      "value_usd": 764427,
      "date": "2026-05-22",
      "filed": "2026-05-27",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000089/0001286613-26-000089-index.htm"
    },
    {
      "owner": "James J. Burke Jr",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 16193,
      "value_usd": 802630,
      "date": "2026-05-18",
      "filed": "2026-05-18",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000086/0001286613-26-000086-index.htm"
    },
    {
      "owner": "Brian K. Meyers",
      "role": "CFO and Treasurer",
      "action": "sold",
      "code": "S",
      "shares": 40070,
      "value_usd": 2002699,
      "date": "2026-05-12",
      "filed": "2026-05-13",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000083/0001286613-26-000083-index.htm"
    },
    {
      "owner": "Chad D. Nyce",
      "role": "EVP & Chief Operating Officer",
      "action": "sold",
      "code": "S",
      "shares": 8450,
      "value_usd": 308425,
      "date": "2026-03-10",
      "filed": "2026-03-12",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000050/0001286613-26-000050-index.htm"
    },
    {
      "owner": "Sylvia Jean Young",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 7959,
      "value_usd": 285012,
      "date": "2026-03-06",
      "filed": "2026-03-09",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000047/0001286613-26-000047-index.htm"
    },
    {
      "owner": "Michael A. Plater",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 17256,
      "value_usd": 616557,
      "date": "2026-03-02",
      "filed": "2026-03-02",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000034/0001286613-26-000034-index.htm"
    },
    {
      "owner": "James J. Burke Jr",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 8557,
      "value_usd": 297421,
      "date": "2026-02-26",
      "filed": "2026-02-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661326000031/0001286613-26-000031-index.htm"
    },
    {
      "owner": "Kevin M. Carney",
      "role": "Director",
      "action": "sold",
      "code": "S",
      "shares": 21470,
      "value_usd": 479702,
      "date": "2025-12-05",
      "filed": "2025-12-05",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000128661325000103/0001286613-25-000103-index.htm"
    }
  ],
  "quotes": [
    {
      "text": "During the third quarter, we generated double-digit growth across all our key metrics, highlighted by our 14.2% increase in student starts",
      "speaker": "Scott Shaw",
      "title": "President & CEO",
      "form": "8-K",
      "filed": "2026-11-09",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126042792/ef20085242_ex99-1.htm"
    },
    {
      "text": "During the second quarter and first half of the year, Lincoln continued to execute our mission of providing superior education and training to our students for high in-demand careers and generated strong operating results. Our performance and current third quarter trends lead to our reiterating our full year 2026 financial guidance",
      "speaker": "Scott Shaw",
      "title": "President & CEO",
      "form": "8-K",
      "filed": "2026-08-10",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126031997/ef20079845_ex99-1.htm"
    }
  ],
  "latest_filings": [
    {
      "form": "8-K",
      "filed": "2026-08-10",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126031997/ef20079845_8k.htm"
    },
    {
      "form": "10-K",
      "filed": "2026-03-02",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126007380/ef20060592_10k.htm"
    },
    {
      "form": "10-Q",
      "filed": "2026-08-10",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126031995/ef20075880_10q.htm"
    },
    {
      "form": "DEF 14A",
      "filed": "2026-03-26",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1286613/000114036126011290/ny20061121x2_def14a.htm"
    }
  ],
  "source": "SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from."
}