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Side-by-side financial comparison of ARBOR REALTY TRUST INC (ABR) and LINCOLN EDUCATIONAL SERVICES CORP (LINC). Click either name above to swap in a different company.

LINCOLN EDUCATIONAL SERVICES CORP is the larger business by last-quarter revenue ($142.9M vs $133.4M, roughly 1.1× ARBOR REALTY TRUST INC). On growth, LINCOLN EDUCATIONAL SERVICES CORP posted the faster year-over-year revenue change (19.7% vs -12.1%). Over the past eight quarters, LINCOLN EDUCATIONAL SERVICES CORP's revenue compounded faster (17.6% CAGR vs -8.9%).

Arbor Realty Trust Inc. is a U.S.-headquartered specialized real estate investment trust (REIT). It primarily provides structured financing solutions for multifamily residential and commercial real estate projects, including bridge loans, agency lending, and mezzanine financing. Its core market covers the U.S. real estate sector, serving property owners, developers and real estate investors nationwide.

Lincoln Tech is an American group of for-profit postsecondary vocational institutions headquartered in Parsippany, New Jersey with campuses in Colorado, Connecticut, Georgia, Illinois, Indiana, Maryland, New Jersey, New York, Pennsylvania, Rhode Island, Tennessee, and Texas. Each campus is owned and operated by Lincoln Educational Services Corporation, a provider of career-oriented post-secondary education.

ABR vs LINC — Head-to-Head

Bigger by revenue
LINC
LINC
1.1× larger
LINC
$142.9M
$133.4M
ABR
Growing faster (revenue YoY)
LINC
LINC
+31.8% gap
LINC
19.7%
-12.1%
ABR
Faster 2-yr revenue CAGR
LINC
LINC
Annualised
LINC
17.6%
-8.9%
ABR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABR
ABR
LINC
LINC
Revenue
$133.4M
$142.9M
Net Profit
$12.7M
Gross Margin
62.3%
Operating Margin
12.4%
Net Margin
8.9%
Revenue YoY
-12.1%
19.7%
Net Profit YoY
85.9%
EPS (diluted)
$0.08
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABR
ABR
LINC
LINC
Q4 25
$133.4M
$142.9M
Q3 25
$112.4M
$141.4M
Q2 25
$130.4M
$116.5M
Q1 25
$134.2M
$117.5M
Q4 24
$151.7M
$119.4M
Q3 24
$156.7M
$114.4M
Q2 24
$153.1M
$102.9M
Q1 24
$160.7M
$103.4M
Net Profit
ABR
ABR
LINC
LINC
Q4 25
$12.7M
Q3 25
$52.0M
$3.8M
Q2 25
$36.3M
$1.6M
Q1 25
$43.4M
$1.9M
Q4 24
$6.8M
Q3 24
$73.5M
$4.0M
Q2 24
$61.8M
$-682.0K
Q1 24
$73.2M
$-214.0K
Gross Margin
ABR
ABR
LINC
LINC
Q4 25
62.3%
Q3 25
59.5%
Q2 25
59.8%
Q1 25
59.7%
Q4 24
62.2%
Q3 24
58.0%
Q2 24
55.7%
Q1 24
58.4%
Operating Margin
ABR
ABR
LINC
LINC
Q4 25
12.4%
Q3 25
4.4%
Q2 25
2.5%
Q1 25
2.9%
Q4 24
9.2%
Q3 24
5.1%
Q2 24
-1.1%
Q1 24
46.9%
-0.4%
Net Margin
ABR
ABR
LINC
LINC
Q4 25
8.9%
Q3 25
46.3%
2.7%
Q2 25
27.8%
1.3%
Q1 25
32.3%
1.7%
Q4 24
5.7%
Q3 24
46.9%
3.5%
Q2 24
40.4%
-0.7%
Q1 24
45.6%
-0.2%
EPS (diluted)
ABR
ABR
LINC
LINC
Q4 25
$0.08
$0.41
Q3 25
$0.20
$0.12
Q2 25
$0.12
$0.05
Q1 25
$0.16
$0.06
Q4 24
$0.31
$0.22
Q3 24
$0.31
$0.13
Q2 24
$0.25
$-0.02
Q1 24
$0.31
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABR
ABR
LINC
LINC
Cash + ST InvestmentsLiquidity on hand
$482.9M
$28.5M
Total DebtLower is stronger
$11.1B
Stockholders' EquityBook value
$3.0B
$199.7M
Total Assets
$14.5B
$493.2M
Debt / EquityLower = less leverage
3.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABR
ABR
LINC
LINC
Q4 25
$482.9M
$28.5M
Q3 25
$423.4M
$13.5M
Q2 25
$255.7M
$16.7M
Q1 25
$308.8M
$28.7M
Q4 24
$503.8M
$59.3M
Q3 24
$687.5M
$54.0M
Q2 24
$737.5M
$67.0M
Q1 24
$908.0M
$68.6M
Total Debt
ABR
ABR
LINC
LINC
Q4 25
$11.1B
Q3 25
$10.4B
Q2 25
$10.1B
Q1 25
$9.9B
Q4 24
$10.0B
Q3 24
$10.3B
Q2 24
$10.6B
Q1 24
$11.4B
Stockholders' Equity
ABR
ABR
LINC
LINC
Q4 25
$3.0B
$199.7M
Q3 25
$3.0B
$185.9M
Q2 25
$3.0B
$180.7M
Q1 25
$3.0B
$177.8M
Q4 24
$3.0B
$178.3M
Q3 24
$3.0B
$170.0M
Q2 24
$3.1B
$164.9M
Q1 24
$3.1B
$164.5M
Total Assets
ABR
ABR
LINC
LINC
Q4 25
$14.5B
$493.2M
Q3 25
$13.9B
$466.9M
Q2 25
$13.6B
$447.3M
Q1 25
$13.4B
$427.4M
Q4 24
$13.5B
$436.6M
Q3 24
$13.9B
$404.0M
Q2 24
$14.2B
$366.4M
Q1 24
$15.1B
$355.2M
Debt / Equity
ABR
ABR
LINC
LINC
Q4 25
3.75×
Q3 25
3.47×
Q2 25
3.40×
Q1 25
3.29×
Q4 24
3.29×
Q3 24
3.40×
Q2 24
3.47×
Q1 24
3.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABR
ABR
LINC
LINC
Operating Cash FlowLast quarter
$372.4M
$43.5M
Free Cash FlowOCF − Capex
$25.0M
FCF MarginFCF / Revenue
17.5%
Capex IntensityCapex / Revenue
13.0%
Cash ConversionOCF / Net Profit
3.43×
TTM Free Cash FlowTrailing 4 quarters
$-27.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABR
ABR
LINC
LINC
Q4 25
$372.4M
$43.5M
Q3 25
$178.7M
$23.9M
Q2 25
$60.0M
$299.0K
Q1 25
$150.5M
$-8.4M
Q4 24
$461.5M
$30.3M
Q3 24
$85.0M
$5.6M
Q2 24
$69.9M
$8.3M
Q1 24
$260.0M
$-14.9M
Free Cash Flow
ABR
ABR
LINC
LINC
Q4 25
$25.0M
Q3 25
$2.0M
Q2 25
$-26.1M
Q1 25
$-28.3M
Q4 24
$5.5M
Q3 24
$-13.8M
Q2 24
$-2.7M
Q1 24
$-16.6M
FCF Margin
ABR
ABR
LINC
LINC
Q4 25
17.5%
Q3 25
1.4%
Q2 25
-22.4%
Q1 25
-24.1%
Q4 24
4.6%
Q3 24
-12.0%
Q2 24
-2.6%
Q1 24
-16.1%
Capex Intensity
ABR
ABR
LINC
LINC
Q4 25
13.0%
Q3 25
15.5%
Q2 25
22.7%
Q1 25
16.9%
Q4 24
20.8%
Q3 24
16.9%
Q2 24
10.7%
Q1 24
1.6%
Cash Conversion
ABR
ABR
LINC
LINC
Q4 25
3.43×
Q3 25
3.44×
6.29×
Q2 25
1.65×
0.19×
Q1 25
3.47×
-4.31×
Q4 24
4.43×
Q3 24
1.16×
1.42×
Q2 24
1.13×
Q1 24
3.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ABR
ABR

Segment breakdown not available.

LINC
LINC

Transferred Over Time$136.0M95%
Transferred At Point In Time$6.9M5%

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