started · updated
Q2 2026 Earnings Highlights: Lincoln National, Hilton Grand Vacations, Linde
Lincoln National reported second‑quarter 2026 revenue of $4.54 billion, up 12.3% year‑over‑year, and adjusted operating income of $2.24 per share. Adjusted profit was $439 million, annuities generated $1.34 billion in revenue (up 10.5%) and annuity account balances reached $182 billion.
Hilton Grand Vacations posted earnings per share of $0.89, missing the consensus estimate of $0.97, on revenue of $1.36 billion, slightly below the $1.38 billion forecast. Contract sales fell 3% to $810 million, while adjusted EBITDA rose 5% to $293 million. The company repurchased $150 million of shares during the quarter, bringing total buybacks to over $300 million year‑to‑date.
Linde plc recorded second‑quarter sales of $9.3 billion, a 9% increase, and adjusted earnings per share of $4.50. Net income was $1.928 billion and operating margin slipped to 29.5%, down 60 basis points. The U.S. home‑care business Lincare represents roughly 23% of the Americas healthcare revenue and is under strategic review by CEO Sanjiv Lamba.
Entities
Christopher Neczypor · Hilton Grand Vacations Inc. · John Muething · Lincoln National Corporation · Linde plc · Matt White · Sanjiv Lamba · Talcott Financial Group · United States
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Quarterly revenue was $4.54 billion, up 12.3% from the prior year. news.alphastreet.com
- [○ 1 SOURCE] Lincoln entered an agreement with a Talcott Financial Group subsidiary to reinsure approximately $5.8 billion of guaranteed universal life statutory reserves, about 37% of the remaining block.
- [○ 1 SOURCE] Annuity account balances, net of reinsurance, reached $182 billion for the quarter. news.alphastreet.com
- [○ 1 SOURCE] Annuities generated $1.34 billion of revenue, up 10.5% year‑over‑year. news.alphastreet.com
- [● 2 SOURCES] Lincoln National reported adjusted operating income of $2.24 per share ($439 million) for Q2 2026. news.alphastreet.com
- [○ 1 SOURCE] The transaction is projected to increase annual free cash flow by $30‑40 million.
- [○ 1 SOURCE] The reinsurance deal is expected to have an all‑in statutory capital impact of roughly $200 million, or about 10 RBC points.
- [○ 1 SOURCE] Combined with a prior transaction, about 60% of Lincoln’s total guaranteed universal life business will be reinsured.
- [○ 1 SOURCE] Linde plc recorded Q2 2026 sales of $9.3 billion. time.news
- [○ 1 SOURCE] Lincoln National's adjusted operating income was $2.24 per share in Q2 2026. news.alphastreet.com
- [○ 1 SOURCE] Hilton Grand Vacations earned $0.89 earnings per share in Q2 2026.
- [○ 1 SOURCE] Lincare represents roughly 23% of Linde's Americas healthcare revenue. time.news