LINCOLN NATIONAL CORPORATION (LNC) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Business Segment
2026-01-01 to 2026-06-30
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LINCOLN NATIONAL CORPORATION (LNC) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 9,848,000,000 US dollars
- Total expenses
- 8,451,000,000 US dollars
- Operating profit (calculated)
- 1,397,000,000 US dollars
- Other income (expense), net (calculated)
- 0 US dollars
- Income (loss) before taxes
- 1,397,000,000 US dollars
- Federal income tax expense (benefit)
- 237,000,000 US dollars
- Net income (loss)
- 1,160,000,000 US dollars
- Annuities
- 2,957,000,000 US dollars
- Life Insurance
- 2,991,000,000 US dollars
- Group Protection
- 3,128,000,000 US dollars
- Retirement Plan Services
- 697,000,000 US dollars
- Benefits
- 3,975,000,000 US dollars
- Interest credited
- 2,023,000,000 US dollars
- Market risk benefit (gain) loss
- negative 473,000,000 US dollars
- Policyholder liability remeasurement (gain) loss
- negative 100,000,000 US dollars
- Commissions and other expenses
- 2,862,000,000 US dollars
- Interest and debt expense
- 164,000,000 US dollars
- Revenue before reconciliation (calculated)
- 9,773,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Other Operations
- 75,000,000 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.

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Operating margin
14.2%
Operating profit / revenue
Cash conversion
−36.2%
Operating cash / net income, same period
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