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Lincoln Tech's peak revenue was $604.8M in 2010. The peak quarterly revenue was $119.4M in 2024(q4).
Lincoln Tech's revenue increased from $261.2m in 2004 to $440.1M currently. That's a 68.46% change in annual revenue.
| Fiscal year / year | Lincoln Tech revenue |
|---|---|
| 2009 | $552.5M |
| 2010 | $604.8M |
| 2011 | $456.7M |
| 2012 | $380.2M |
| 2013 | $215.6M |
| 2014 | $218.0M |
| 2015 | $306.1M |
| 2016 | $285.6M |
| 2017 | $261.9M |
| 2018 | $263.2M |
| 2019 | $273.3M |
| 2020 | $293.1M |
| 2021 | $335.3M |
| 2022 | $348.3M |
| 2023 | $378.1M |
| 2024 | $440.1M |
Rate Lincoln Tech's financial transparency
Lincoln Tech saw the greatest revenue growth in 2009, when revenue increased by 46.6%.
Lincoln Tech had the lowest revenue growth in 2013, when revenue changed by -43.29%.
| Year | Lincoln Tech growth |
|---|---|
| 2009 | 47%↑ |
| 2010 | 9%↑ |
| 2011 | -24%↓ |
| 2012 | -17%↓ |
| 2013 | -43%↓ |
| 2014 | 1%↑ |
| 2015 | 40%↑ |
| 2016 | -7%↓ |
| 2017 | -8%↓ |
| 2018 | 1%↑ |
| 2019 | 4%↑ |
| 2020 | 7%↑ |
| 2021 | 14%↑ |
| 2022 | 4%↑ |
| 2023 | 9%↑ |
| 2024 | 16%↑ |
Do you work at Lincoln Tech?
Is Lincoln Tech transparent about its revenue structure?
| CEO | Scott M. Shaw |
| Industry | Diversified Consumer Services |
| Company Type | Education |
| Employees Number | 3,000 |
| Date Founded | 1946 |
| Headquarters | West Orange, New Jersey |
| Number of Locations | 15 |
| Revenue | $440.1M |
| Net Income | $12,634,000 |
| Gross Proft | $258.3M (2024) |
| Tax Rate | 0.3% |
| Total Assets | $291,566,000 |
| Ticker | LINC |
Lincoln Tech received early financing of $12.7M on 2019-11-14.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $12.7M | 11/2019 |
| Investors | Security type |
|---|---|
| Hart Capital LLC | |
| Stonington Partners, Inc. |
Lincoln Tech's top competitor, K12, earned an annual revenue of $2.0B.
Lincoln Tech's smallest competitor is Vatterott College with revenue of $900.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Career Education | $50,197 | $681.3M | 4,000 | - |
| K12 | $44,387 | $2.0B | 4,750 | 18 |
| Strayer University | $53,075 | - | 1,855 | 9 |
| Delaware Technical Community College | $46,937 | $51.6M | 1,000 | 165 |
| Universal Technical Institute | $47,779 | $732.7M | 1,660 | 336 |
| Accrediting Commission of Career Schools and Colleges | $52,851 | $5.7M | 40 | - |
| Walden University | $49,957 | $8.1M | 100 | 1 |
| CHEAnews | $40,947 | $5.0M | 9 | - |
| Lincoln College | $39,575 | $26.0M | 536 | 4 |
| Strategic Education | $75,020 | $1.2B | 3,742 | 11 |
Zippia gives an in-depth look into the details of Lincoln Tech, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lincoln Tech. The employee data is based on information from people who have self-reported their past or current employments at Lincoln Tech. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lincoln Tech. The data presented on this page does not represent the view of Lincoln Tech and its employees or that of Zippia.
Lincoln Tech may also be known as or be related to Lincoln Educational Services Corp., Lincoln Educational Services Corporation, Lincoln Tech and Lincoln Technical Institute, Inc.