Lincoln International, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission for the period ended June 30, 2026, reporting condensed consolidated financial results and balance sheet data as an emerging growth company listed on the New York Stock Exchange.

Key Highlights

  • Total assets of $997,778 thousand as of June 30, 2026, down from $1,118,138 thousand at December 31, 2025, according to the filing.
  • Cash and cash equivalents of $250,624 thousand at June 30, 2026, compared with $320,169 thousand at December 31, 2025.
  • Long-term debt of $101,929 thousand at June 30, 2026, reduced from $270,374 thousand at December 31, 2025.
  • Goodwill of $277,966 thousand at June 30, 2026, up slightly from $274,470 thousand at December 31, 2025.
  • 102,191,562 total shares of common stock outstanding as of July 31, 2026, consisting of 34,846,972 Class A shares, 28,478,208 Class B shares, and 38,866,382 Class C shares.
  • Amount due pursuant to tax receivable agreement of $84,764 thousand at June 30, 2026, compared with zero at December 31, 2025.
  • Deferred tax assets of $74,737 thousand at June 30, 2026, up from $9,525 thousand at December 31, 2025.

Lincoln International Balance Sheet Changes for the Quarter Ended June 30, 2026

Lincoln International, Inc. (NYSE: LCLN), a Delaware-incorporated financial advisory firm headquartered at 110 North Wacker Drive, 51st Floor, Chicago, Illinois, filed its Form 10-Q for the quarterly period ended June 30, 2026. The company disclosed condensed consolidated balance sheet figures showing total assets of $997,778 thousand at quarter-end, a decline from $1,118,138 thousand reported at December 31, 2025. The filing identifies the company as a non-accelerated filer and an emerging growth company, and notes that it has elected not to use the extended transition period for complying with new or revised financial accounting standards.

According to the filing, total liabilities decreased to $560,472 thousand at June 30, 2026, from $679,532 thousand at December 31, 2025. Long-term debt fell to $101,929 thousand from $270,374 thousand over the same period. The filing also disclosed that an amount due pursuant to the tax receivable agreement was $84,764 thousand at June 30, 2026, with no corresponding balance recorded at December 31, 2025. Client accounts receivable, net of allowance, stood at $105,820 thousand, down from $160,225 thousand at year-end 2025. Other intangible assets, net, declined to $82,445 thousand from $115,903 thousand.

The filing notes that as of July 31, 2026, there were 102,191,562 total shares of common stock outstanding across three classes: 34,846,972 Class A shares, 28,478,208 Class B shares, and 38,866,382 Class C shares, each with a par value of $0.00001 per share. The company disclosed that it has been subject to SEC reporting requirements for less than 90 days, checking "No" for the related compliance question. The filing includes forward-looking statements that, as disclosed, are subject to the company's cautionary language regarding risks including integration of MarshBerry Holding Company, LLC, market conditions, and other factors.

What Was Disclosed

Lincoln International filed its June 30, 2026 quarterly report disclosing condensed consolidated balance sheet data, share counts across three common stock classes, changes in long-term debt, deferred tax assets, and the emergence of a tax receivable agreement liability not present at year-end 2025.