FY2025 · ended Dec 31, 2025 · Revenue $18.21B, -1.2% YoY · Filed Feb 19, 2026
Lincoln National Corp (LNC) files with the SEC under industry code 6311, Life Insurance. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $18.2 billion and net income of $1.2 billion. As of Jun 30, 2026 it held $10.2 billion in cash and investments and $6.9 billion in total debt.
Revenue (TTM)
$19.32B
+7.9% vs year-ago TTM
Net income (TTM)
$2.36B
+107.7% vs year-ago TTM
Operating cash flow (TTM)
$-1.33B
-241.9% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$11.60
+94.6% vs year-ago TTM
Dividend per share (TTM)
$1.80
+0.0% vs year-ago TTM
Shares outstanding
190.09M
+11.6% vs prior year
Net cash
$3.30B
as of Jun 30, 2026
Operating margin
—
Company profile
- Industry
- Life Insurance (SIC 6311)
- Listed as
- LNC (NYSE), LNC-PD (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- IN
- Headquarters
- Radnor, PA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 59558
- Former names
- LINCOLN NATIONAL CORP ET AL (until Aug 16, 1994)
Other Life Insurance companies
- Manulife Financial Corp MFC
- Metlife Inc MET
- Great-West Lifeco Inc. GWLIF
- Sun Life Financial Inc SLF
- Prudential Financial Inc PRU
- Prudential PLC PUK
- Aviva PLC AVVIY
- Reinsurance Group Of America Inc RGA
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $18.2B | $18.4B | $11.6B | $18.8B | $17.7B |
| Net income | $1.2B | $3.3B | -$752.0M | $1.4B | $3.8B |
| Diluted EPS | $5.83 | $18.41 | -$4.92 | $7.78 | $19.96 |
| Operating cash flow | -$167.0M | -$2.0B | -$2.1B | $3.6B | -$217.0M |
| Total assets | $417.2B | $390.8B | $372.4B | $334.3B | $386.9B |
| Total liabilities | $406.3B | $382.6B | $365.5B | $329.2B | $366.2B |
| Stockholders' equity | $10.9B | $8.3B | $6.9B | $5.1B | $19.9B |
| Cash and investments | $9.5B | $5.8B | $3.4B | $103.1B | $121.3B |
| Total debt | $6.3B | $6.2B | $6.0B | $6.6B | $6.7B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Nov 5, 2026 | Nov 5, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Aug 10, 2026 | Aug 6, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Other events
|
Jun 29, 2026 | Jun 29, 2026 |
All 1006 Lincoln National Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.