Add as a preferred source on GoogleLincoln Educational Raises 2026 Revenue Outlook to $600 Million-$605 Million
Lincoln is targeting 10% to 12% growth in student starts and kept its adjusted EBITDA forecast at $76 million-$80 million.
Lincoln Educational Services Corporation raised its 2026 revenue outlook to $600 million-$605 million and set a target for student starts to rise 10% to 12%, updating its full-year operating expectations.
Lincoln kept its adjusted EBITDA outlook at $76 million-$80 million. Management cited broad cost increases, higher near-term cost per start and continued investment in student outcomes.
Student starts grew 14.2% year over year in the third quarter as lead-to-start conversion improved, CEO Scott Shaw said. The company’s third-quarter results included revenue of $159.2 million, up 12.6% from a year earlier.
John Kim
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