Expansion PlansLincoln plans to open 1-2 campuses per year for the next 5 years, with new campuses expected in Levittown, PA; Nashville, TN; and Houston, TX in 2025.
Financial PerformanceQ4/25 results top consensus: Revenue increased 16.4% to $119.4 million due to a 13.7% increase in average student population and tuition increases.
Market OutlookManagement remains confident it can grow its top line 10%+ for each of the next three years, supported by program and campus expansions and a healthy macro environment.