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Lincoln National Corporation (LNC) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Financial Services · Insurance - Life · DATA UPDATED 2026-07-09

Lincoln National Corporation (LNC) operates in the Insurance - Life industry and is headquartered in Radnor, United States with about 9,423 employees. Its market capitalization is roughly $8 billion. In the fiscal year ended 2025-12-31, LNC reported $18.3B in revenue and $1.2B in net income.

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services.

Interactive charts & full statements → Open the LNC valuation workbench →

LNC Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$18.3B$18.0B$11.7B$18.9B
Net Income$1.2B$3.3B($752M)$1.4B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LNC Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$5.3B$5.0B$4.6B$4.1B$4.7B
Net Income($172M)$754M$445M$699M($722M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LNC Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($416M)($398M)($387M)($310M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LNC Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($120M)($97M)($120M)($88M)($111M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

LNC Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$417.2B$390.8B$372.4B$334.3B
Total Liabilities$406.3B$382.6B$365.5B$329.2B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive LNC viewer.

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