# Lincoln National Corp: financial statements, quarterly

LNC · NYSE · CIK 59558 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/lnc.md) · [Financials](/companies/lnc/financials.md) · [Filings](/companies/lnc/filings.md) · [Insiders](/companies/lnc/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/lnc/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [4,203](/filings/0000059558-24-000065.md) | [699 d](/filings/0000059558-26-000016.md) | [4,116](/filings/0000059558-25-000047.md) | [5,153](/filings/0000059558-25-000082.md) | [4,111](/filings/0000059558-25-000093.md) | [5,062 d](/filings/0000059558-26-000016.md) | [4,691](/filings/0000059558-26-000035.md) | [4,044](/filings/0000059558-26-000060.md) | [4,555](/filings/0000059558-25-000093.md) | [4,922 d](/filings/0000059558-26-000016.md) | [5,306](/filings/0000059558-26-000035.md) | [4,542](/filings/0000059558-26-000060.md) |
| Income tax | $m | [181](/filings/0000059558-24-000065.md) | [(379) d](/filings/0000059558-26-000016.md) | [306](/filings/0000059558-25-000047.md) | [201](/filings/0000059558-25-000082.md) | [(175)](/filings/0000059558-25-000093.md) | [413 d](/filings/0000059558-26-000016.md) | [(227)](/filings/0000059558-26-000035.md) | [149](/filings/0000059558-26-000060.md) | [79.0](/filings/0000059558-25-000093.md) | [161 d](/filings/0000059558-26-000016.md) | [(74.0)](/filings/0000059558-26-000035.md) | [311](/filings/0000059558-26-000060.md) |
| Net income | $m | [853](/filings/0000059558-24-000065.md) | [(1,235) d](/filings/0000059558-26-000016.md) | [1,222](/filings/0000059558-25-000047.md) | [895](/filings/0000059558-25-000082.md) | [(528)](/filings/0000059558-25-000093.md) | [1,687 d](/filings/0000059558-26-000016.md) | [(722)](/filings/0000059558-26-000035.md) | [699](/filings/0000059558-26-000060.md) | [445](/filings/0000059558-25-000093.md) | [754 d](/filings/0000059558-26-000016.md) | [(172)](/filings/0000059558-26-000035.md) | [1,332](/filings/0000059558-26-000060.md) |
| Diluted EPS | $ per share | [4.79](/filings/0000059558-24-000065.md) | not reported | [6.93](/filings/0000059558-25-000047.md) | [5.11](/filings/0000059558-25-000082.md) | [(3.29)](/filings/0000059558-25-000093.md) | not reported | [(4.41)](/filings/0000059558-26-000035.md) | [3.80](/filings/0000059558-26-000060.md) | [2.12](/filings/0000059558-25-000093.md) | not reported | [(1.10)](/filings/0000059558-26-000035.md) | [6.72](/filings/0000059558-26-000060.md) |
| Basic EPS | $ per share | [4.82](/filings/0000059558-24-000065.md) | not reported | [6.98](/filings/0000059558-25-000047.md) | [5.18](/filings/0000059558-25-000082.md) | [(3.29)](/filings/0000059558-25-000093.md) | not reported | [(4.41)](/filings/0000059558-26-000035.md) | [3.88](/filings/0000059558-26-000060.md) | [2.15](/filings/0000059558-25-000093.md) | not reported | [(1.08)](/filings/0000059558-26-000035.md) | [6.85](/filings/0000059558-26-000060.md) |

- Revenue: us-gaap:Revenues
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Total assets | $bn | [338](/filings/0000059558-23-000058.md) | [372](/filings/0000059558-25-000023.md) | [383](/filings/0000059558-24-000024.md) | [385](/filings/0000059558-24-000048.md) | [397](/filings/0000059558-24-000065.md) | [391](/filings/0000059558-26-000016.md) | [383](/filings/0000059558-25-000047.md) | [399](/filings/0000059558-25-000082.md) | [415](/filings/0000059558-25-000093.md) | [417](/filings/0000059558-26-000060.md) | [406](/filings/0000059558-26-000035.md) | [430](/filings/0000059558-26-000060.md) |
| Total liabilities | $bn | [335](/filings/0000059558-23-000058.md) | [366](/filings/0000059558-25-000023.md) | [376](/filings/0000059558-24-000024.md) | [377](/filings/0000059558-24-000048.md) | [388](/filings/0000059558-24-000065.md) | [383](/filings/0000059558-26-000016.md) | [375](/filings/0000059558-25-000047.md) | [390](/filings/0000059558-25-000082.md) | [405](/filings/0000059558-25-000093.md) | [406](/filings/0000059558-26-000060.md) | [396](/filings/0000059558-26-000035.md) | [418](/filings/0000059558-26-000060.md) |
| Long-term debt | $bn | not reported | [5.7](/filings/0000059558-24-000065.md) | [5.7](/filings/0000059558-24-000024.md) | [5.7](/filings/0000059558-24-000048.md) | [5.9](/filings/0000059558-24-000065.md) | [5.9](/filings/0000059558-25-000093.md) | [5.9](/filings/0000059558-25-000047.md) | [5.8](/filings/0000059558-25-000082.md) | [5.8](/filings/0000059558-25-000093.md) | [5.9](/filings/0000059558-26-000060.md) | [6.0](/filings/0000059558-26-000035.md) | [6.5](/filings/0000059558-26-000060.md) |
| Current portion of debt | $bn | not reported | [0.3](/filings/0000059558-25-000023.md) | not reported | not reported | not reported | [0.3](/filings/0000059558-26-000016.md) | not reported | not reported | not reported | [0.4](/filings/0000059558-26-000016.md) | not reported | not reported |
| Short-term borrowings | $bn | not reported | [0.3](/filings/0000059558-24-000065.md) | [0.5](/filings/0000059558-24-000024.md) | [0.5](/filings/0000059558-24-000048.md) | [0.3](/filings/0000059558-24-000065.md) | [0.3](/filings/0000059558-25-000093.md) | [0.0](/filings/0000059558-25-000047.md) | [0.0](/filings/0000059558-25-000082.md) | [0.0](/filings/0000059558-25-000093.md) | [0.4](/filings/0000059558-26-000060.md) | [0.4](/filings/0000059558-26-000035.md) | [0.4](/filings/0000059558-26-000060.md) |
| Shareholders' equity | $bn | [3.2](/filings/0000059558-24-000065.md) | [6.9](/filings/0000059558-26-000016.md) | [7.5](/filings/0000059558-25-000047.md) | [7.9](/filings/0000059558-25-000082.md) | [9.0](/filings/0000059558-25-000093.md) | [8.3](/filings/0000059558-26-000016.md) | [8.2](/filings/0000059558-26-000035.md) | [9.5](/filings/0000059558-26-000060.md) | [10.5](/filings/0000059558-25-000093.md) | [10.9](/filings/0000059558-26-000060.md) | [10.2](/filings/0000059558-26-000035.md) | [11.3](/filings/0000059558-26-000060.md) |

- Cash and equivalents: not reported
- Total assets: us-gaap:Assets
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [46.0 d](/filings/0000059558-24-000065.md) | [(1,868) d](/filings/0000059558-26-000016.md) | [(1,343)](/filings/0000059558-25-000047.md) | [(859) d](/filings/0000059558-25-000082.md) | [(27.0) d](/filings/0000059558-25-000093.md) | [222 d](/filings/0000059558-26-000016.md) | [(272)](/filings/0000059558-26-000035.md) | [1,013 d](/filings/0000059558-26-000060.md) | [(1,141) d](/filings/0000059558-25-000093.md) | [233 d](/filings/0000059558-26-000016.md) | [138](/filings/0000059558-26-000035.md) | [(558) d](/filings/0000059558-26-000060.md) |
| Dividends paid | $m | [76.0 d](/filings/0000059558-24-000065.md) | [76.0 d](/filings/0000059558-26-000016.md) | [77.0](/filings/0000059558-25-000047.md) | [76.0 d](/filings/0000059558-25-000082.md) | [77.0 d](/filings/0000059558-25-000093.md) | [77.0 d](/filings/0000059558-26-000016.md) | [77.0](/filings/0000059558-26-000035.md) | [76.0 d](/filings/0000059558-26-000060.md) | [86.0 d](/filings/0000059558-25-000093.md) | [86.0 d](/filings/0000059558-26-000016.md) | [86.0](/filings/0000059558-26-000035.md) | [86.0 d](/filings/0000059558-26-000060.md) |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock
- Share repurchases: not reported

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [171](/filings/0000059558-23-000058.md) | [170](/filings/0000059558-24-000024.md) | [170](/filings/0000059558-24-000048.md) | [171](/filings/0000059558-24-000065.md) | [172](/filings/0000059558-25-000047.md) | [173](/filings/0000059558-25-000082.md) | [173](/filings/0000059558-25-000093.md) | [174](/filings/0000059558-26-000035.md) | [181](/filings/0000059558-26-000060.md) | [194](/filings/0000059558-25-000093.md) | [196](/filings/0000059558-26-000035.md) | [196](/filings/0000059558-26-000060.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 191,447,336 at 2026-07-24, from the cover of the [10-Q filed 2026-07-30](/filings/0000059558-26-000060.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:19 ET. No prices; not investment advice.