Lincoln International Q3 net income drops 80% to $9.94 million
LCLN•Lincoln International's third-quarter 2026 net income attributable to shareholders fell 80% year over year to $9.9 million, while revenue rose 57% to $293.7 million.
1. Quarterly results
Lincoln International reported third-quarter 2026 net income attributable to shareholders of $9.9 million, down 80% year over year. Total revenue climbed 57% to $293.7 million, supported by increasing M&A activity, private-market valuation demand and the MarshBerry acquisition.
2. Revenue segments
Investment Banking Advisory revenue jumped 70% to $239.9 million, while Valuations and Opinions revenue rose 18% to $53.8 million. CEO Rob Brown cited healthy pipeline activity and continued client engagement entering the fourth quarter.
