LINCOLN NATIONAL CORPORATION (LNC) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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LINCOLN NATIONAL CORPORATION (LNC) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETInsurance premiumsNet investment incomeFee incomeOther revenuesTotal revenuesRevenue before reconciliation (calculated)Realized gain (loss)Operating profit (calculated)Total expensesBenefitsMarket risk benefit (gain) lossInterest creditedInterest and debt expensePolicyholder liability remeasurement (gain) lossCommissions and other expensesIncome (loss) before taxesNet income (loss)Federal income tax expense (benefit)Revenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$4.95 BOperating profit (calculated)Operating profit(calculated)$1.64 BIncome (loss) before taxesIncome (loss)before taxes$1.64 BTotal revenuesTotal revenues$4.54 BNet income (loss)Net income (loss)$1.33 BInsurance premiumsInsurance premiums$1.72 BTotal expensesTotal expenses$2.90 BFederal income tax expense (benefit)Federal income taxexpense (benefit)$311.00 MNet investment incomeNet investment income$1.63 BBenefitsBenefits$1.92 BFee incomeFee income$1.41 BMarket risk benefit (gain) lossMarket risk benefit (gain) loss−$1.46 BOther revenuesOther revenues$202.00 MRealized gain (loss)Realized gain (loss)−$406.00 MInterest creditedInterest credited$1.02 BInterest and debt expenseInterest and debt expense$82.00 MPolicyholder liability remeasurement (gain) lossPolicyholder liabilityremeasurement (gain) loss−$54.00 MCommissions and other expensesCommissions and other expenses$1.39 B
Chart details

LINCOLN NATIONAL CORPORATION (LNC) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
4,542,000,000 US dollars
Total expenses
2,899,000,000 US dollars
Operating profit (calculated)
1,643,000,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income (loss) before taxes
1,643,000,000 US dollars
Federal income tax expense (benefit)
311,000,000 US dollars
Net income (loss)
1,332,000,000 US dollars
Insurance premiums
1,715,000,000 US dollars
Fee income
1,406,000,000 US dollars
Net investment income
1,625,000,000 US dollars
Other revenues
202,000,000 US dollars
Benefits
1,920,000,000 US dollars
Interest credited
1,024,000,000 US dollars
Market risk benefit (gain) loss
negative 1,460,000,000 US dollars
Policyholder liability remeasurement (gain) loss
negative 54,000,000 US dollars
Commissions and other expenses
1,387,000,000 US dollars
Interest and debt expense
82,000,000 US dollars
Revenue before reconciliation (calculated)
4,948,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
Realized gain (loss)
negative 406,000,000 US dollars. Reported reconciliation to consolidated revenue.

Chart connections

  • Revenue minus operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
LINCOLN NATIONAL CORPORATION (LNC) FY2026 Q2 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

36.2%

Operating profit / revenue

Cash conversion

−41.9%

Operating cash / net income, same period

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