Lincoln National Corporation: Key Facts
- FY2025 revenue: $18.212B.
- Net income/profit: $1.177B net income.
- Employees: 9,423 employees as of December 31, 2025.
- Leadership: Ellen Cooper.
- Status: public.
How Lincoln Financial Makes Money
Lincoln Financial earns revenue from insurance premiums, annuity spreads, fee income, investment income, retirement plan services, and group protection products.
Lincoln National reported FY2025 total revenues of $18.212 billion and net income of $1.177 billion. Its four core businesses are Annuities, Life Insurance, Group Protection, and Retirement Plan Services.
Current Strategic Context
Lincoln remains focused on capital rebuilding, product mix, risk management, retirement demand, group benefits, and advisor distribution while operating under insurance reserve, interest-rate, and capital-market sensitivity.