Lincoln National Corporation

LNC Financial Insurance Life

Lincoln National Corporation’s revenue for fiscal 2025 (year ended December 2025) was $18.2 billion, down 1.25% from fiscal 2024.

Revenue
+20.3%
EPS
+220.9%
Free cash flow
+176.7%
Total debt
+19.0%

Quarter to September 2026, against a year earlier

38.98 0.18 −0.46%
Market cap
$7.5B
P/E
2.4×
Fwd P/E
4.5×
Dividend yield
4.56%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Lincoln National Corporation (LNC) Revenue

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Lincoln National Corporation's revenue for fiscal 2025 was $18.2B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $20.3B. Over the past ten years it has ranged from $11.6B (fiscal 2023) to $18.8B (fiscal 2022); the current reading is higher than 82% of that period. Lincoln National Corporation ranks 3rd of 17 Insurance Life companies by revenue.

Revenue, annual

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Annual newest first

Period Revenue Change
FY2025 $18.2B (1.25%)
FY2024 $18.4B 58.37%
FY2023 $11.6B (38.09%)
FY2022 $18.8B 6.18%
FY2021 $17.7B 1.58%
FY2020 $17.4B 1.05%
FY2019 $17.3B 5.08%
FY2018 $16.4B 15.20%
FY2017 $14.3B 6.95%
FY2016 $13.3B (1.78%)

Quarterly newest first

Period Revenue Change
Sep 2026 $5.5B 20.67%
Jun 2026 $4.5B (14.40%)
Mar 2026 $5.3B 7.80%
Dec 2025 $4.9B 8.06%
43 more quarters

Against its own ten years

Low $11.6B High $18.8B
Ten-year median $17.3B
Current reading's percentile 82

Revenue against peers

What Revenue is

Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.

Reported line item

The full definition of Revenue →

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