LCLN
Lincoln International, Inc.
Company overview
- Market capitalization
- —
- Employees
- 1,453
- Latest publication
- 2026-09-29
About Lincoln International, Inc.
Lincoln International, Inc. operates as an independent investment banking advisory firm focuses on the private capital markets in United States and Internationally. The company operates through two segments: Investment Banking Advisory and Valuations and Opinions. The investment Banking Advisory segment provides capital advisory, such as debt advisory, special situations and restructuring, and growth/minority equity; private funds advisory, includes structured / continuation vehicles, single asset vehicles, primary funds, and co-investment vehicles. The Valuations and Opinions segment provides portfolio valuations, transaction opinions and board advisory, disputes advisory services to alternative asset managers includes private equity firms, private credit firms, mutual funds, insurance companies, banks, infrastructure firms, hedge funds, and institutional investors; In addition it also provides financial advice to general partners, boards of directors, special committees, investors, trustees, and other corporate decision-makers at both public and private companies; other services, such as strategic consulting, an executive peer exchange called Connect, which fosters connection and mentorship among leaders within the insurance and wealth sectors, and an agency member network, FirstChoice, which provides members direct insurance carrier access, strategic business planning, advanced technology services, and a education platform. It also develops a platform to support clients in attracting capital and investing with purpose, driving value, and realizing returns. It serves Business Services, Consumer, Healthcare, Industrials, and Technology sectors. The company was founded in 1996 and is based in Chicago, Illinois.
Financial statements
Income Quarterly
| Metric | Q1 20262026-03-31 · USD | Q1 20252025-03-31 · USD |
|---|---|---|
| Total Revenue | 157,800,000USD | 132,208,000USD |
| Cost Of Revenue | 130,064,000USD | 70,329,000USD |
| Gross Profit | 27,736,000USD | 61,879,000USD |
| Selling General Administrative | 21,530,000USD | 17,371,000USD |
| Unclassified Operating Expenses | 164,291,000USD | 91,926,000USD |
| Total Operating Expenses | 185,821,000USD | 109,297,000USD |
| Operating Income | -28,021,000USD | 22,911,000USD |
| Income Before Tax | -28,525,000USD | 24,793,000USD |
| Tax Provision | -772,000USD | 843,000USD |
| Net Income | -8,071,000USD | 24,590,000USD |
| Net Income From Continuing Ops | -27,753,000USD | 23,950,000USD |
| Reconciled Depreciation | 19,236,000USD | 10,404,000USD |
| Total Other Income Expense Net | -504,000USD | 1,882,000USD |
| Minority Interest | 19,682,000USD | 640,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|
| Total Revenue | 854,161,000USD | 578,747,000USD | 518,331,000USD | 640,652,000USD |
| Cost Of Revenue | 569,814,000USD | 174,700,000USD | 153,600,000USD | 224,001,000USD |
| Gross Profit | 284,347,000USD | 404,047,000USD | 364,731,000USD | 416,651,000USD |
| Selling General Administrative | 87,949,000USD | 183,250,000USD | 151,120,000USD | 43,765,000USD |
| Unclassified Operating Expenses | 737,740,000USD | 237,207,000USD | 203,011,000USD | 252,745,000USD |
| Total Operating Expenses | 825,689,000USD | 420,457,000USD | 354,131,000USD | 296,510,000USD |
| Operating Income | 28,472,000USD | 158,290,000USD | 164,200,000USD | 344,142,000USD |
| Income Before Tax | 15,615,000USD | 167,483,000USD | 172,095,000USD | 344,142,000USD |
| Tax Provision | 2,279,000USD | 3,889,000USD | 8,082,000USD | 21,664,000USD |
| Net Income | 5,409,000USD | 160,739,000USD | 163,049,000USD | 320,614,000USD |
| Net Income From Continuing Ops | 13,336,000USD | 163,594,000USD | 164,013,000USD | 322,478,000USD |
| Reconciled Depreciation | 37,803,000USD | 13,890,000USD | 7,384,000USD | 3,614,000USD |
| Total Other Income Expense Net | -12,857,000USD | 9,296,000USD | 7,920,000USD | — |
| Minority Interest | -7,927,000USD | -2,855,000USD | -964,000USD | -1,864,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q1 20262026-03-31 · USD |
|---|---|
| Total Assets | 936,650,000USD |
| Intangible Assets | 99,207,000USD |
| Total Liab | 506,256,000USD |
| Total Stockholder Equity | 107,011,000USD |
| Capital Stock | 0USD |
| Retained Earnings | -2,257,000USD |
| Good Will | 274,877,000USD |
| Cash | 209,651,000USD |
| Total Current Assets | 329,139,000USD |
| Total Current Liabilities | 261,497,000USD |
| Long Term Debt | 102,206,000USD |
| Net Receivables | 90,920,000USD |
| Accounts Payable | 107,434,000USD |
| Property Plant Equipment Net | 167,768,000USD |
| Property Plant Equipment Gross | 206,572,000USD |
| Common Stock Shares Outstanding | 31,657,019shares |
| Non Current Assets Total | 607,511,000USD |
| Non Current Liabilities Total | 244,759,000USD |
| Non Current Liabilities Other | 1,000USD |
| Non Currrent Assets Other | 9,009,000USD |
| Net Working Capital | 67,642,000USD |
| Unclassified Current Assets | 28,568,000USD |
| Unclassified Non Current Assets | 56,650,000USD |
| Unclassified Current Liabilities | 154,063,000USD |
| Unclassified Non Current Liabilities | 142,552,000USD |
| Unclassified Equity | 109,268,000USD |
| Source | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|
| Total Assets | 1,118,138,000USD | 640,161,000USD | 598,362,000USD | 602,956,000USD |
| Intangible Assets | 115,903,000USD | 16,067,000USD | — | — |
| Total Liab | 679,532,000USD | 285,735,000USD | 267,864,000USD | 238,362,000USD |
| Total Stockholder Equity | 0USD | 0USD | 0USD | 0USD |
| Good Will | 274,470,000USD | 59,887,000USD | 38,853,000USD | 3,278,000USD |
| Cash | 320,169,000USD | 225,638,000USD | 244,461,000USD | 371,112,000USD |
| Total Current Assets | 533,713,000USD | 378,114,000USD | 373,010,000USD | 449,964,000USD |
| Total Current Liabilities | 259,832,000USD | 130,919,000USD | 113,138,000USD | 111,688,000USD |
| Long Term Debt | 270,374,000USD | — | — | — |
| Net Receivables | 188,808,000USD | 136,047,000USD | 89,212,000USD | 31,742,000USD |
| Accounts Payable | 88,485,000USD | 14,264,000USD | 17,665,000USD | 28,690,000USD |
| Property Plant Equipment Net | 175,134,000USD | 173,924,000USD | 176,970,000USD | 130,231,000USD |
| Property Plant Equipment Gross | 211,780,000USD | 200,241,000USD | 197,262,000USD | 138,718,000USD |
| Common Stock Shares Outstanding | 31,657,019shares | 31,657,019shares | 31,657,019shares | 31,657,019shares |
| Non Current Assets Total | 584,425,000USD | 262,047,000USD | 225,352,000USD | 152,992,000USD |
| Non Current Liabilities Total | 419,700,000USD | 154,816,000USD | 154,726,000USD | 126,674,000USD |
| Non Currrent Assets Other | 9,393,000USD | 7,086,000USD | 6,498,000USD | 19,155,000USD |
| Net Working Capital | 273,881,000USD | 247,195,000USD | 259,872,000USD | 338,276,000USD |
| Unclassified Current Assets | 24,736,000USD | 16,429,000USD | 39,337,000USD | 47,110,000USD |
| Unclassified Non Current Assets | 9,525,000USD | 5,083,000USD | 3,031,000USD | — |
| Unclassified Current Liabilities | 171,347,000USD | 116,655,000USD | 73,473,000USD | 82,998,000USD |
| Unclassified Non Current Liabilities | 149,326,000USD | 154,816,000USD | 154,726,000USD | 126,674,000USD |
| Short Long Term Debt | — | — | 22,000,000USD | — |
| Long Term Investments | — | — | — | 0USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q1 20252025-03-31 · USD |
|---|---|---|
| Net Income | -8,071,000USD | 24,590,000USD |
| Depreciation | 19,236,000USD | 10,404,000USD |
| Other Non Cash Items | 716,000USD | 4,297,000USD |
| Change To Account Receivables | 71,768,000USD | 23,224,000USD |
| Change In Working Capital | -1,406,000USD | -8,467,000USD |
| Total Cash From Operating Activities | 20,390,000USD | 30,260,000USD |
| Capital Expenditures | -18,000USD | -2,616,000USD |
| Free Cash Flow | 20,372,000USD | 27,644,000USD |
| Net Borrowings | -688,000USD | 20,000,000USD |
| Total Cash From Financing Activities | -94,920,000USD | -47,268,000USD |
| Sale Purchase Of Stock | -95,548,000USD | -67,657,000USD |
| Issuance Of Capital Stock | 4,610,000USD | 389,000USD |
| Change In Cash | -78,113,000USD | -16,195,000USD |
| Begin Period Cash Flow | 324,827,000USD | 228,988,000USD |
| End Period Cash Flow | 246,714,000USD | 212,793,000USD |
| Unclassified Operating Cash Flow | 9,915,000USD | — |
| Unclassified Financing Cash Flow | 1,316,000USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20212021-12-31 · USD |
|---|---|---|---|---|
| Net Income | 5,409,000USD | 160,739,000USD | 163,049,000USD | 320,614,000USD |
| Depreciation | 37,803,000USD | 13,890,000USD | 7,384,000USD | 3,614,000USD |
| Other Non Cash Items | -53,820,000USD | 14,854,000USD | 14,631,000USD | 13,212,000USD |
| Change To Account Receivables | 1,475,000USD | -55,665,000USD | 7,772,000USD | -6,156,000USD |
| Change In Working Capital | 22,294,000USD | -42,800,000USD | -4,069,000USD | 24,169,000USD |
| Total Cash From Operating Activities | 216,325,000USD | 149,339,000USD | 183,676,000USD | 364,327,000USD |
| Capital Expenditures | -1,888,000USD | -8,611,000USD | -15,553,000USD | -6,437,000USD |
| Free Cash Flow | 214,437,000USD | 140,728,000USD | 168,123,000USD | 357,890,000USD |
| Net Borrowings | 274,937,000USD | -22,000,000USD | 22,000,000USD | — |
| Total Cash From Financing Activities | 104,105,000USD | -171,943,000USD | -136,746,000USD | -177,122,000USD |
| Sale Purchase Of Stock | -173,977,000USD | -153,396,000USD | -164,943,000USD | -185,221,000USD |
| Issuance Of Capital Stock | 10,160,000USD | 3,453,000USD | 6,197,000USD | 8,099,000USD |
| Change In Cash | 95,839,000USD | -40,233,000USD | 35,580,000USD | 181,473,000USD |
| Begin Period Cash Flow | 228,988,000USD | 269,221,000USD | 233,641,000USD | 192,743,000USD |
| End Period Cash Flow | 324,827,000USD | 228,988,000USD | 269,221,000USD | 374,216,000USD |
| Unclassified Operating Cash Flow | 204,639,000USD | 2,656,000USD | 2,681,000USD | — |
| Unclassified Financing Cash Flow | 3,145,000USD | 3,453,000USD | 6,197,000USD | 8,099,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.