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Lincoln National Corporation (LNC) is a financial services company in the personal protection coverage industry, based in Radnor, United States, with about 9,423 full-time employees.
It reported revenue of $18.34 billion for fiscal year 2025, and net income of $1.09 billion. In Q2 2026 (the quarter ended June 30, 2026) revenue was $4.57 billion. Its largest business segment, Group Protection, brought in 33% of segment revenue in fiscal year 2025. Its market capitalization was $7.70 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services.
Lincoln National reported $18.34 billion in revenue for fiscal year 2025. In Q2 2026 revenue was $4.57 billion.
Group Protection, with $6.10 billion or 33% of segment revenue in fiscal year 2025. Next: Life Insurance (32%) and Annuities (27%).
$7.70 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (personal protection coverage) include Jackson Financial Inc. (JXN), Voya Financial, Inc. (VOYA), Primerica, Inc. (PRI), F&G Annuities & Life, Inc. (FG).