Lincoln National Q2 net income rises to $1.3 billion, or $6.72 per share
Lincoln National reported second-quarter 2026 net income available to common stockholders of $1.3 billion, or $6.72 per diluted share, up from $688 million, or $3.80, a year earlier. Adjusted operating income available to common stockholders was $439 million, or $2.24 per diluted share, compared with $427 million, or $2.36, in the prior-year quarter, and the company attributed the gap between the two measures mainly to non-economic changes in market risk benefits.
Key points
- Net income available to common stockholders: $1.3 billion, or $6.72 per diluted share, versus $688 million, or $3.80, a year earlier
- Adjusted operating income available to common stockholders: $439 million, or $2.24 per diluted share, versus $427 million, or $2.36, a year earlier
- Holding company available liquidity, net of prefunding, rose to $903 million; the company completed a $500 million subordinated debt issuance
- Group Protection operating margin fell to 10.4% from 12.5% a year earlier, partly due to a $15 million prior-year experience refund
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.