On this page of Benford's Law Stocks.com we present our study of LINCOLN EDUCATIONAL SERVICES CORP — ticker symbol LINC. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/8/2021 to 3/2/2026 for LINCOLN EDUCATIONAL SERVICES CORP under CIK number 0001286613. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for LINC, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for LINCOLN EDUCATIONAL SERVICES CORP based on the past LINC filings our system processed in the past.
Benford Chart for LINC 10K Filed 3/2/2026
26.9
17.7
14.9
12.2
8.6
6.3
3.9
4.7
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, LINC stockholder letter ]
Total numbers found: 888
Recent share count: 31,623,795 (3's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
888
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for LINC = 87
87

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the company's typical historical range.
 • We deducted point upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was above the company's typical historical range.
 • We deducted point upon observing the 7's percentage was below the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
LINC's Score Vs. Typical Stock
Benford's Law Stocks Indicator
LINC
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
Other Stocks Ranking Near LINC
IRMD
KROS
MANH
MDIA
 JACK
LAKE
LMB
MCHP
Check our work! We provide our LINCOLN EDUCATIONAL SERVICES CORP Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the LINC filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 239 numbers that start with the digit 1. Here they are:
1,599
1,150
111,252
148,067
141,271
171,603
103,533
19,627
154,223
136,034
10,742
10,742
1,554
1,271
1,387
18,430
11,986
1,072
10,634
100,709
162,113
138,803
16
100,000,000
199,688
178,264
181,759
162,275
15,177
126
14,711
19,998
19,724
10,201
144,877
165,064
166,804
178,264
19,998
19,998
199,688
19,998
19,161
11,334
1,670
1,622
142
133
184
1,599
10,381
110
11,583
1,667
13,528
1,072
1,760
19,415
121
12
1.0
1.0
1.5
1.5
1.0
1.0
10
1,180
1,534
10,837
19.6
16,174
12,970
16,450
14,231
1,097
1,311
1,597
1,241
1,401
127,606
124,502
10.2
120,000
100,000
19,665
19,235
1,670
1,622
175
14,149
17,989
16,103
1,856
10,477
12,570
15,971
17,918
157,660
172,747
117,176
106,434
10,742
117,176
106,434
10,742
117,176
106,434
10,742
1.2
10.2
13.6
183,770
104,081
119,681
1,979
1,556
14,188
148,067
141,271
171,603
103,533
13.0
1.7
1.6
12,868
1,700
18,430
11,986
10.0
1.75
1.50
1
100,000,000
100
120
100
100
18.8
14.8
1,398,675
18.08
12.94
10.0
165,064
1.7
10.3
165,064
150.0
15,565
16,621
1,033
1,264
14,579
15,565
17,119
17,380
1,010
1,412
1,271
14,580
1,852
17,119
1,852
1,554
1.9
1,852
1,554
1,219
1,067
1,183
15.5
1,127
1,065
106
167
167
1,852
1,852
1,852
1,852
16,050
16,050
1,069
1,069
17,119
17,119
100
100
100
1.2
14,711
14,711
1,555
1,334
1,632
1,465
1.7
1
14,711
1,483
10.1
1.7
18,881
17,558
1,913
1,198
11.7
14.0
18.1
1,445
10,837
1,375
12,256
12,200
110
181,759
162,275
177,410
155,535
1,704
1,394
18,693
17,314
1,379
1,659
114,283
1,236
191,379
159,427
11
1
1,489
13,203
12,307
15,177
12,307
1.1
1
We found 157 numbers that start with the digit 2. Here they are:
28,519
26,371
22,957
21,248
21,668
25,359
25,075
26,745
234,529
221,771
27,023
29,261
293,476
258,292
274
205,389
282,946
243,803
209,135
2,794
2,119
2,099
2,628
2,565
26,118
25,997
274
26,921
25,997
25,997
2,054
2,054
274
274
274
204,853
2,623
2,242
2,119
2,794
2,794
277
2,649
29,306
267
20,996
28,519
2,354
22
28.5
25
27.9
2.0
2.5
29.6
26,877
28,057
21,403
22,937
21.2
26,345
2,133
27.4
20,716
2,362
2,155
224
25,679
23,865
20,109
2,362
2,155
27,362
21,199
2,817
21,416
2,918
22,314
20,621
261,128
24,190
2.1
244,804
22.5
20.8
2,115
2,771
20.0
2.50
2
2
20.0
25.0
2
2,000,000
25
200
25
204,853
2.0
24,925
29.7
274
2.50
2.50
2.50
2.50
20
26,118
26,118
285
2,566
2,185
2,623
2,242
21.0
2
23.4
21.0
21.0
2,234
248
2
27.1
28
26
21
23
21,668
25,359
2,669
2,359
26,177
24,802
2,172
20,228
20,228
205,389
205,389
25,424
21,874
25,424
21,012
2,030
282,946
243,803
209,135
214,596
2,119
2,794
20
2,794
2,039
2,366
20.3
20.0
23,196
We found 132 numbers that start with the digit 3. Here they are:
31,878,966
36,929
3,986
3,053
302
323
30,631
37,026
30,654
31,623,795
31,462,640
378,070
30,918
344,712
30,312
33,358
3,394
347
35,639
310
32
32
30,942
30,580
30,105
31,260
30,891
30,541
31,147,925
337,050
31,359,110
36
310
310
330,726
3,370
3,370
31,462,640
366,008
3,788
3,788
31,623,795
311
3,770
338
39,313
356
399
3,788
3,370
3,866
3,331
30,754
3,190
38.2
3.0
3.0
3.0
30,942
30,580
30,105
318
311
31,260
30,891
30,541
30.6
33,086
33,086
345,830
355,133
367,233
378,070
31,821
3,109
3,216
3,890
3,999
3,023
3,132
3,244
31,117
3.8
319,670
3,447
31,623,795
330,726
337,050
3.8
3.4
395,383
30.0
30.6
36
34
369
369
35,639
35,639
3,212
3,497
3,957
37
3.0
35,639
3,089
32.8
3,142
36,904
3,500
362
378,070
367,233
3,083
36,603
32,146
36,603
31,161
39,978
35
3
37,976
30,918
30,939
36
344,712
369,408
319,202
30,312
33,358
35,370
3
4's 5's 6's
We found 108 numbers that start with the digit 4. Here they are:
43,975
42,615
42,983
4,031
493,164
436,556
44,159
463
48,181
48,181
493,164
436,556
440,064
406
4,220
487,929
424,887
4,820
49,072
45,540
48,181
49,380
434,256
4,629
4,629
48,181
48,181
406
4,629
434
46,971
45,000
45,000
456
48.3
43.3
4
436
44.2
485,155
485,155
406,089
412,007
432,966
440,064
477
435
44,817
44,817
423
475
495
40,173
40.0
40.0
4,000,000
4.6
4.3
4.3
459,181
4.71
461
495
4.71
4.71
4.71
4.5
4,496
4,820
450
4,820
46,313
40,209
416
41,394
44,425
44,425
44,425
44,425
44,425
44,425
440,064
432,966
46,791
44,647
45,842
42,475
4,349
41,637
46,571
41,235
46,944
42,616
4,777
47,647
43,246
406
442
4,220
4,220
487,929
424,887
419,543
46,342
48,031
46,342
44,817
41,637
We found 76 numbers that start with the digit 5. Here they are:
59,273
52,339
50,639
518,241
51,225
5,894
5,894
50,639
5,488
5,488
52,339
58,085
56,578
5,488
53,652
59,311
56,866
59,273
59,273
59.3
50
50
518,241
518,241
5,918
540
53,311
53,811
58,085
56,578
53,311
59,061
55,307
52
52
54,763
55.9
50
5
50
5.4
5.9
5.16
520,395
5.95
563
550
576
5.30
5.3
5,825
5,485
5.6
516
5.9
51
51
51
51
51
51
518,241
518,241
50,098
50,098
56
58,085
56,578
58,050
55,600
53.3
58,085
53,311
53,811
56,578
53,811
We found 56 numbers that start with the digit 6. Here they are:
624,944,508
6,120
65
64
69,279
65,984
687
6,444
6,169
6,727
60.0
6,815
633
65,572
65,572
65,000
6.63
6.6
60.0
6.0
6.74
610
6
610
6
6.75
6.75
6
687
643
6,120
6,120
6.3
605
603
6,309
6,730
6,169
6,140
6,030
6,740
65,553
64,159
67,712
603
630
603
630
6,462
68,350
619
68,386
63,558
68,386
65,572
65,572
7's 8's 9's
We found 35 numbers that start with the digit 7. Here they are:
762
7,872
79,170
7,943
7,943
713,299
79,170
7,169
762
7,098
70,346
7.67
7.69
7.8
7,515
75
758
725
793
758
792
75
7,062
727
7,484
76
7,835
7,161
7,201
7,098
75,236
73,532
700
700
70,346
We found 42 numbers that start with the digit 8. Here they are:
8,127
87,032
86
85
891
891
86,633
86,199
80,269
8,836
8,181
85
82
81
8,224
88,000
88,381
84,352
8
80
80
898,543
8.02
8.02
809,376
891
8
8
8,010
8,352
807
843
862
8,836
85,311
88,207
82,228
84,551
84,551
862
89,415
82,622
We found 43 numbers that start with the digit 9. Here they are:
9,497
90,212
99,168
926
9,642
9,891
924
960
924
924
9,891
9,891
99,168
9,891
933
9,292
9,895
90
9,303
95,668
96,459
90,000
931
9
90,000
9.6
90
90
9.83
9.03
934,388
94
989
9,642
9,642
98,460
90,566
98,460
985
949
975
9,137
98,698
While the above LINC 10K Filed 3/2/2026 is interesting in isolation, we have found that it is also useful to take a look at older LINCOLN EDUCATIONAL SERVICES CORP filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 3/2/2026 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LINC 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10K Filed 3/2/2026
26.9
17.7
14.9
12.2
8.6
6.3
3.9
4.7
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL? ✓  [ original filing ]
Total numbers found: 888

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 5/12/2025
36.2
15.2
15.0
12.4
6.5
5.0
3.0
4.1
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 461

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 8/8/2024
31.0
15.9
12.9
9.9
9.4
7.1
3.8
4.7
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 574

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 11/6/2023
30.4
19.6
13.2
11.1
5.8
6.2
4.0
4.1
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL? ✓  [ original filing ]
Total numbers found: 657

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10K Filed 3/7/2023
33.1
19.9
12.2
7.7
6.7
5.6
5.0
5.5
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 713

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 5/9/2022
33.3
21.2
11.5
8.5
7.6
4.2
5.3
5.1
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 433

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 8/9/2021
31.2
18.3
12.7
8.2
6.7
6.8
5.2
6.1
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL? ✓  [ original filing ]
Total numbers found: 660

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 11/10/2025
32.5
14.0
17.5
11.5
8.8
6.0
3.1
3.3
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ❌  [ original filing ]
Total numbers found: 719

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10K Filed 3/4/2025
30.9
16.5
15.5
11.0
7.3
4.2
4.9
4.6
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 992

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 5/6/2024
32.7
13.4
13.4
11.4
9.9
4.3
3.8
5.6
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 395

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 8/7/2023
32.6
16.1
12.6
10.0
8.4
5.7
3.9
5.9
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 610

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 11/7/2022
32.0
21.9
11.9
8.6
5.7
6.3
4.6
5.1
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 649

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10K Filed 3/3/2022
32.3
23.5
11.9
7.6
4.9
5.2
6.9
5.3
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL? ✓  [ original filing ]
Total numbers found: 737

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 5/10/2021
35.3
20.3
11.6
8.2
6.8
4.6
7.0
4.0
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL? ✓  [ original filing ]
Total numbers found: 502

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 8/11/2025
32.5
17.6
13.7
12.2
7.9
5.6
2.6
4.0
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL? ✓  [ original filing ]
Total numbers found: 658

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 11/12/2024
29.4
16.4
16.6
12.7
6.2
4.7
4.9
3.6
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL? ✓  [ original filing ]
Total numbers found: 615

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10K Filed 3/4/2024
34.3
16.8
14.8
8.3
6.3
5.0
4.6
5.0
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL? ✓  [ original filing ]
Total numbers found: 743

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 5/8/2023
33.2
15.4
11.5
10.7
6.3
5.6
3.7
8.3
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL? ✓  [ original filing ]
Total numbers found: 410

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 8/8/2022
31.4
21.6
11.0
8.0
7.6
5.3
5.6
5.6
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL? ✓  [ original filing ]
Total numbers found: 589

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10Q Filed 11/8/2021
34.0
19.8
13.0
7.3
6.8
5.0
6.4
4.6
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL? ✓  [ original filing ]
Total numbers found: 723

■ = Typical LINC range from 3/8/2021 to 3/2/2026
10K Filed 3/8/2021
36.1
18.6
13.5
8.3
5.5
3.9
6.0
4.1
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL? ❌  [ original filing ]
Total numbers found: 1,635

■ = Typical LINC range from 3/8/2021 to 3/2/2026
FVNNU 10K Filed 3/6/2026:
47
IMRX 10K Filed 3/6/2026:
88
PMVP 10K Filed 3/6/2026:
75
ALT 10K Filed 3/6/2026:
61
MIAX 10K Filed 3/6/2026:
98
VIA 10K Filed 3/6/2026:
63
GWRE 10Q Filed 3/5/2026:
84
COOK 10K Filed 3/5/2026:
83
OXSQ 10K Filed 3/5/2026:
75
MKTW 10K Filed 3/5/2026:
87
NLCP 10K Filed 3/5/2026:
76
GRNT 10K Filed 3/5/2026:
79
PTRN 10K Filed 3/5/2026:
96
CHYM 10K Filed 3/5/2026:
87
TASK 10K Filed 3/5/2026:
90
VIASP 10K Filed 3/5/2026:
97
INUV 10K Filed 3/5/2026:
86
SLNG 10K Filed 3/5/2026:
79
SMSI 10K Filed 3/5/2026:
98
CHMI 10K Filed 3/5/2026:
94
SD 10K Filed 3/5/2026:
69
ADIL 10K Filed 3/5/2026:
40
PRTS 10K Filed 3/5/2026:
85
PLPC 10K Filed 3/5/2026:
98
NUZE 10Q Filed 3/5/2026:
92
MRCC 10K Filed 3/5/2026:
82
MEI 10Q Filed 3/5/2026:
92
SWBI 10Q Filed 3/5/2026:
69
KEYS 10Q Filed 3/5/2026:
97
CIEN 10Q Filed 3/5/2026:
86
CYRX 10K Filed 3/5/2026:
66
AVIR 10K Filed 3/5/2026:
78
LXRX 10K Filed 3/5/2026:
66
YCY.U 10K Filed 3/5/2026:
75
SPFI 10K Filed 3/5/2026:
99
GDYN 10K Filed 3/5/2026:
90
BWMN 10K Filed 3/5/2026:
97
BBOT 10K Filed 3/5/2026:
72
RNGR 10K Filed 3/5/2026:
93
FMNB 10K Filed 3/5/2026:
85
 

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