Lindblad Expeditions Holdings financials
$31.27+5.50%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $771.0M | $644.7M | $569.5M | $421.5M | $147.1M | $82.4M | $343.1M | $309.7M | $266.5M | $242.3M |
| Gross profit | $353.0M | $282.1M | $231.3M | $138.3M | $22.6M | $9.4M | $176.5M | $156.0M | $131.0M | $123.4M |
| Gross margin | 45.8% | 43.8% | 40.6% | 32.8% | 15.4% | 11.4% | 51.4% | 50.4% | 49.1% | 50.9% |
| Operating income | $45.5M | $21.6M | $10.6M | -$63.0M | -$110.8M | -$88.4M | $33.2M | $25.3M | $10.7M | $14.0M |
| Net income | -$34.6M | -$35.8M | -$50.0M | -$116.1M | -$124.7M | -$100.4M | $13.7M | $11.4M | -$8.7M | $4.9M |
| Net margin | −4.5% | −5.6% | −8.8% | −27.5% | −84.7% | −122.0% | 4.0% | 3.7% | −3.2% | 2.0% |
| Diluted EPS | $-0.63 | $-0.67 | $-0.94 | $-2.23 | $-2.49 | $-2.01 | $0.28 | $0.24 | $-0.19 | $0.10 |
| EBITDA | $108.3M | $74.1M | $57.3M | -$19.0M | -$71.3M | -$55.5M | $61.9M | $49.0M | $31.0M | $35.3M |
| Operating cash flow | $111.6M | $92.4M | $25.4M | -$2.2M | $32.5M | -$92.3M | $62.6M | $56.4M | $52.9M | $31.4M |
| Free cash flow | $63.8M | $58.8M | -$4.5M | -$40.4M | -$64.2M | -$247.7M | -$33.4M | $2.0M | -$27.6M | -$44.5M |
| Diluted shares | 55.0M | 53.8M | 53.3M | 52.0M | 50.1M | 49.7M | 49.4M | 46.3M | 44.6M | 46.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $256.7M | $183.9M | $156.8M | $87.2M | $150.8M | $187.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $13.6M | $0.00 | — |
| Total debt | $662.7M | $625.5M | $621.8M | $552.8M | $544.7M | $482.6M |
| Total assets | $980.0M | $876.9M | $831.3M | $788.0M | $827.5M | $757.4M |
| Total liabilities | $1.13B | $1.02B | $945.1M | $873.6M | $811.5M | $631.2M |
| Shareholders' equity | -$284.5M | -$253.1M | -$225.1M | -$182.7M | -$78.6M | $35.0M |
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