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

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 StatementIncome statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEOPERATINGPRE-TAXNETGroup ProtectionLife InsuranceAnnuitiesRetirement Plan ServicesTotal revenuesRevenue before reconciliation (calculated)Other OperationsOperating profit (calculated)Total expensesBenefitsInterest creditedMarket risk benefit (gain) lossInterest 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)$9.77 BOperating profit (calculated)Operating profit(calculated)$1.40 BIncome (loss) before taxesIncome (loss)before taxes$1.40 BTotal revenuesTotal revenues$9.85 BNet income (loss)Net income (loss)$1.16 BGroup ProtectionGroup Protection$3.13 BTotal expensesTotal expenses$8.45 BFederal income tax expense (benefit)Federal income taxexpense (benefit)$237.00 MLife InsuranceLife Insurance$2.99 BBenefitsBenefits$3.98 BAnnuitiesAnnuities$2.96 BInterest creditedInterest credited$2.02 BMarket risk benefit (gain) lossMarket risk benefit (gain) loss−$473.00 MRetirement Plan ServicesRetirement Plan Services$697.00 MOther OperationsOther Operations$75.00 MInterest and debt expenseInterest and debt expense$164.00 MPolicyholder liability remeasurement (gain) lossPolicyholder liabilityremeasurement (gain) loss−$100.00 MCommissions and other expensesCommissions and other expenses$2.86 B
Chart details

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.
LINCOLN NATIONAL CORPORATION (LNC) FY2026 YTD Q2 Revenue by Business Segment Sankey chart
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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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