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Lincoln National (LNC) Annual Income Statement

Annual · GAAP · USD millions
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The income statement data below highlights shifts in Lincoln National's operating performance over recent quarters.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Insurance Commissions and Fees5,496.00
Other Revenue-25.00
Total Revenue18,212.00
Costs & Expenses
Interest Credited to Policyholders Account Balances3,743.00
Policyholder Benefits and Claims Incurred, Net7,960.00
Gross Profit6,509.00
Goodwill and Intangible Asset Impairment0.00
Other operatinig exp. /-income-563.00
Operating Costs11,140.00
Interest Expense, Debt227.00
Net Interest (-)Expense / Income-227.00
Other loss/ -income231.00
Total Costs & Expenses16,874.00
Income & Taxes
Income / Loss Before Income Taxes1,338.00
Income Taxes Expense / Benefit161.00
Income After Income Taxes1,177.00
Income / Loss from Continuing Operations1,177.00
Net Income / Loss1,177.00
Preferred Dividends-91.00
Income / Loss Attributable to Shareholders1,086.00
EBIT1,565.00
EBITD1,565.00
EBITDA1,565.00
Earnings Per Share
Basic EPS (excl. extra items)5.94
Basic Net EPS5.94
Basic shares outstanding (Mill. of Units)182.67
Diluted Net EPS5.83
Diluted average shares (Mill. of Units)186.06
Dividend per share1.75
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About Lincoln National Corp Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 19, 2026
  • Original filing: lnc-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.