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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Revenues $ 293,652 $ 186,714 $ 677,145 $ 468,580
Expenses:        
Compensation and benefits 186,938 96,297 428,817 237,424
Travel and related expenses 10,344 6,815 28,114 19,744
Rent and occupancy 8,397 7,690 24,475 22,252
Technology and information services 6,564 4,132 16,515 13,320
Professional services and development 9,273 13,142 36,270 28,397
Depreciation and amortization 19,483 2,405 57,972 23,961
Other operating expenses, net 8,373 4,949 50,635 17,144
Total expenses 249,372 135,430 642,798 362,242
Total operating income 44,280 51,284 34,347 106,338
Other income (expense), net 775 1,924 (8,733) 5,533
Income before income taxes 45,055 53,208 25,614 111,871
Provision for income taxes 7,205 2,853 8,790 4,024
Net income 37,850 50,355 16,824 107,847
Less: Net income (loss) attributable to noncontrolling interests 27,915 (285) 6,434 (1,220)
Net income attributable to Lincoln International Inc. 9,935 50,640 10,390 109,067
Other comprehensive income (loss):        
Foreign currency translation adjustment (523) (993) (4,398) 4,436
Comprehensive income $ 37,327 $ 49,362 $ 12,426 $ 112,283
Class A        
Weighted average shares of Class A common stock outstanding:        
Basic (in shares) 36,348,387   36,327,234  
Diluted (in shares) 39,677,992   39,569,600  
Net income per share attributable to holders of Class A common stock:        
Basic (in USD per share) $ 0.27   $ 0.29  
Diluted (in USD per share) $ 0.25   $ 0.26