Lindblad Expeditions Holdings financials
$31.27+5.50%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $199.2M | $208.0M | $183.2M | $240.2M | $167.9M | $179.7M | $148.6M | $206.0M | $136.5M | $153.6M | $125.4M | $176.0M |
| Gross profit | $96.6M | $101.3M | $73.8M | $115.8M | $76.6M | $86.9M | $63.2M | $96.2M | $53.5M | $69.2M | $48.3M | $80.4M |
| Gross margin | 48.5% | 48.7% | 40.3% | 48.2% | 45.6% | 48.3% | 42.5% | 46.7% | 39.2% | 45.0% | 38.5% | 45.7% |
| Operating income | $12.0M | $15.6M | -$5.5M | $36.0M | $4.4M | $10.6M | -$7.6M | $29.5M | -$8.2M | $7.8M | -$13.8M | $20.5M |
| Net income | -$1.4M | $6.0M | -$24.8M | -$49.0K | -$9.7M | -$43.0K | -$26.2M | $21.3M | -$25.8M | -$5.1M | -$28.5M | $4.5M |
| Net margin | −0.7% | 2.9% | −13.5% | 0.0% | −5.8% | 0.0% | −17.7% | 10.4% | −18.9% | −3.3% | −22.8% | 2.6% |
| Diluted EPS | $-0.02 | $0.09 | $-0.45 | $0.00 | $-0.18 | $0.00 | $-0.57 | $0.36 | $-0.48 | $-0.10 | $-0.54 | $0.08 |
| EBITDA | $30.4M | $33.3M | $12.4M | $50.9M | $19.1M | $25.9M | $7.3M | $42.2M | $5.4M | $19.2M | -$13.8M | $31.0M |
| Operating cash flow | $59.1M | $49.5M | $14.4M | $19.5M | $29.2M | $48.4M | $1.7M | $28.1M | $18.6M | $43.9M | -$9.9M | $15.8M |
| Free cash flow | $51.1M | $42.6M | $3.5M | $11.9M | $13.5M | $35.0M | -$8.2M | $18.4M | $11.2M | $37.4M | -$17.1M | $7.8M |
| Diluted shares | 65.5M | 61.1M | 55.1M | 55.6M | 54.6M | 54.6M | 45.8M | 62.6M | 53.5M | 53.4M | 53.3M | 53.4M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $318.9M | $275.0M | $256.7M | $261.8M | $200.9M | $188.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $663.9M | $663.2M | $662.7M | $663.5M | $627.3M | $626.4M |
| Total assets | $1.03B | $987.2M | $980.0M | $976.5M | $936.5M | $908.8M |
| Total liabilities | $1.20B | $1.14B | $1.13B | $1.11B | $1.08B | $1.05B |
| Shareholders' equity | -$195.8M | -$190.1M | -$284.5M | -$256.6M | -$263.8M | -$172.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology