Lincoln Financial posted adjusted earnings per share of $2.21 for Q4 2025, surpassing the consensus estimate of $1.86 and marking an increase from $1.91 in the same quarter last year. Revenue also topped analyst forecasts, reflecting strong performance across key business lines.

The insurer published full-year 2025 results concurrently, underlining robust capital generation and continued momentum in its annuities and group protection segments. Management pointed to disciplined expense management and strategic initiatives as foundations for early 2026 growth.