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Lincoln National Corp number of employees

Lincoln National Corp reported 9,423 employees at December 31, 2025 in its latest annual report, down 360 (3.7%) on the year before. That compares with 10,848 at December 31, 2021. Revenue per employee was $1.9m.

Headcount by year

Fiscal year endEmployeesChangeRevenue per employeeSource
December 31, 2025 9,423 −360 (3.7%) $1.9m 10-K, filed February 19, 2026
December 31, 2024 9,783 −1,241 (11.3%) $1.9m 10-K, filed February 21, 2025
December 31, 2023 11,024 −292 (2.6%) $1.1m 10-K, filed February 22, 2024
December 31, 2022 11,316 +468 (4.3%) $1.7m 10-K, filed February 16, 2023
December 31, 2021 10,848 — $1.6m 10-K, filed February 17, 2022

What the annual reports say

  • HUMAN CAPITAL MANAGEMENT As of December 31, 2025, we had a total of 9,423 employees. 2025 annual report
  • HUMAN CAPITAL MANAGEMENT As of December 31, 2024, we had a total of 9,783 employees. 2024 annual report
  • HUMAN CAPITAL MANAGEMENT As of December 31, 2023, we had a total of 11,024 employees, all based in the United States. 2023 annual report
  • HUMAN CAPITAL MANAGEMENT As of December 31, 2022, we had a total of 11,316 employees, all based in the United States. 2022 annual report
  • HUMAN CAPITAL MANAGEMENT As of December 31, 2021, we had a total of 10,848 employees, all based in the United States. 2021 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

Compare with peers

Head to head: CRBG vs LNCAFL vs LNCLNC vs PFGATHS vs LNC

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Figures from Lincoln National Corp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Lincoln National Corp.