vs

Side-by-side financial comparison of INFINITY NATURAL RESOURCES, INC. (INR) 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 $115.5M, roughly 1.2× INFINITY NATURAL RESOURCES, INC.). INFINITY NATURAL RESOURCES, INC. runs the higher net margin — 17.3% vs 8.9%, a 8.4% gap on every dollar of revenue.

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.

INR vs LINC — Head-to-Head

Bigger by revenue
LINC
LINC
1.2× larger
LINC
$142.9M
$115.5M
INR
Higher net margin
INR
INR
8.4% more per $
INR
17.3%
8.9%
LINC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INR
INR
LINC
LINC
Revenue
$115.5M
$142.9M
Net Profit
$20.0M
$12.7M
Gross Margin
62.3%
Operating Margin
47.0%
12.4%
Net Margin
17.3%
8.9%
Revenue YoY
19.7%
Net Profit YoY
85.9%
EPS (diluted)
$1.33
$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
INR
INR
LINC
LINC
Q4 25
$115.5M
$142.9M
Q3 25
$78.3M
$141.4M
Q2 25
$72.5M
$116.5M
Q1 25
$84.2M
$117.5M
Q4 24
$119.4M
Q3 24
$114.4M
Q2 24
$102.9M
Q1 24
$103.4M
Net Profit
INR
INR
LINC
LINC
Q4 25
$20.0M
$12.7M
Q3 25
$10.4M
$3.8M
Q2 25
$18.0M
$1.6M
Q1 25
$-34.6M
$1.9M
Q4 24
$6.8M
Q3 24
$4.0M
Q2 24
$-682.0K
Q1 24
$-214.0K
Gross Margin
INR
INR
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
INR
INR
LINC
LINC
Q4 25
47.0%
12.4%
Q3 25
30.5%
4.4%
Q2 25
29.9%
2.5%
Q1 25
-104.5%
2.9%
Q4 24
9.2%
Q3 24
5.1%
Q2 24
-1.1%
Q1 24
-0.4%
Net Margin
INR
INR
LINC
LINC
Q4 25
17.3%
8.9%
Q3 25
13.3%
2.7%
Q2 25
24.8%
1.3%
Q1 25
-41.1%
1.7%
Q4 24
5.7%
Q3 24
3.5%
Q2 24
-0.7%
Q1 24
-0.2%
EPS (diluted)
INR
INR
LINC
LINC
Q4 25
$1.33
$0.41
Q3 25
$0.65
$0.12
Q2 25
$1.18
$0.05
Q1 25
$-2.27
$0.06
Q4 24
$0.22
Q3 24
$0.13
Q2 24
$-0.02
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
INR
INR
LINC
LINC
Cash + ST InvestmentsLiquidity on hand
$2.8M
$28.5M
Total DebtLower is stronger
$55.0K
Stockholders' EquityBook value
$307.1M
$199.7M
Total Assets
$1.2B
$493.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INR
INR
LINC
LINC
Q4 25
$2.8M
$28.5M
Q3 25
$4.6M
$13.5M
Q2 25
$6.3M
$16.7M
Q1 25
$4.9M
$28.7M
Q4 24
$59.3M
Q3 24
$54.0M
Q2 24
$67.0M
Q1 24
$68.6M
Total Debt
INR
INR
LINC
LINC
Q4 25
$55.0K
Q3 25
Q2 25
Q1 25
$123.0K
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
INR
INR
LINC
LINC
Q4 25
$307.1M
$199.7M
Q3 25
$288.6M
$185.9M
Q2 25
$10.1M
$180.7M
Q1 25
$-52.2M
$177.8M
Q4 24
$178.3M
Q3 24
$170.0M
Q2 24
$164.9M
Q1 24
$164.5M
Total Assets
INR
INR
LINC
LINC
Q4 25
$1.2B
$493.2M
Q3 25
$1.1B
$466.9M
Q2 25
$1.0B
$447.3M
Q1 25
$953.9M
$427.4M
Q4 24
$436.6M
Q3 24
$404.0M
Q2 24
$366.4M
Q1 24
$355.2M
Debt / Equity
INR
INR
LINC
LINC
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
INR
INR
LINC
LINC
Operating Cash FlowLast quarter
$75.1M
$43.5M
Free Cash FlowOCF − Capex
$25.0M
FCF MarginFCF / Revenue
17.5%
Capex IntensityCapex / Revenue
13.0%
Cash ConversionOCF / Net Profit
3.75×
3.43×
TTM Free Cash FlowTrailing 4 quarters
$-27.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INR
INR
LINC
LINC
Q4 25
$75.1M
$43.5M
Q3 25
$42.1M
$23.9M
Q2 25
$70.4M
$299.0K
Q1 25
$74.2M
$-8.4M
Q4 24
$30.3M
Q3 24
$5.6M
Q2 24
$8.3M
Q1 24
$-14.9M
Free Cash Flow
INR
INR
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
INR
INR
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
INR
INR
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
INR
INR
LINC
LINC
Q4 25
3.75×
3.43×
Q3 25
4.04×
6.29×
Q2 25
3.91×
0.19×
Q1 25
-4.31×
Q4 24
4.43×
Q3 24
1.42×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

INR
INR

Oil Reserves$54.0M47%
Natural Gas Reserves$46.8M41%
Natural Gas Liquids Reserves$14.7M13%

LINC
LINC

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

Related Comparisons