Lindblad Expeditions Holdings, Inc.

Lindblad Expeditions Holdings, Inc.

LINDยทNASDAQ

$21.74

-4.2%
Consumer CyclicalTravel Services

Lindblad Expeditions Holdings, Inc. provides expedition cruising and land-based adventure travel experiences. The company delivers voyages through a fleet of ten owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand. The company also provides luxury cycling and adventure tours worldwide under the DuVine name; active small group and private custom journeys throughout the United States national park under the Off the Beaten Path brand name; and curated active small group and private custom journeys that are centered around cinematic walks led by the local guides under the Classic Journeys name. The company has a strategic alliance with the National Geographic Society. Lindblad Expeditions Holdings, Inc. was founded in 1979 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$1.20B
EPS-0.6300
P/E Ratio-34.51
Earnings Date08/03/2026
3Y+83.0%
5Y+836.0%
10Y+218.0%
3Y-73.0%
5Y-70.0%
10Y-711.0%
3Y-5241.0%
5Y-223.0%
10Y+260.0%
Lindblad Expeditions Holdings, Inc.

Lindblad Expeditions Holdings, Inc. Profit Bridge

LIND ยท NASDAQ
Revenue771.02M
Cost of Goods Sold (480.84M)
Gross Profit290.18M
Operating Expenses (244.69M)
Operating Income45.49M
Interest Expense (45.23M)
Other Income/Expense-67.24M
Pretax Income-21.75M
Income Tax (2.48M)
Net Income-29.72M
Net Income
-29.72M

Profitability Analysis

Gross Margin

37.6%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

5.9%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

-3.9%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Lindblad Expeditions Holdings, Inc. Income Statement

LIND โ€ข NASDAQ

Lindblad Expeditions Holdings, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011
REVENUE
771M
644.7M
569.5M
421.5M
147.1M
82.4M
343.1M
309.7M
266.5M
242.3M
210M
198.5M
192.2M
154M
0.0
GROSS PROFIT
(480.8M)
(343.7M)
(322.4M)
(283.2M)
(124.5M)
(72.9M)
(166.6M)
(153.7M)
(135.5M)
(119M)
(95.4M)
(90M)
(96.7M)
(71.5M)
(0.0)
290.2M
301.1M
247.2M
138.3M
22.6M
9.4M
176.5M
156M
131M
123.4M
114.6M
108.5M
95.6M
82.5M
0.0
OPERATING INCOME
(244.7M)
(279.5M)
(236.6M)
(201.3M)
(133.5M)
(97.8M)
(143.3M)
(130.7M)
(120.2M)
(109.4M)
(85.7M)
(1.1M)
(748.7K)
(4.8K)
(2.5K)
(244.7M)
(226.9M)
(189.9M)
(157.3M)
(93.9M)
(65.7M)
(117.5M)
(109.9M)
(102.9M)
(91M)
(74.1M)
(66.8M)
(60.4M)
(57.8M)
(0.0)
45.5M
21.6M
10.6M
-63M
-110.8M
-88.4M
33.2M
25.3M
10.7M
14M
15.5M
-1.1M
-748.7K
-4.8K
-2.5K
PRE-TAX INCOME
(45.2M)
(45.7M)
(45M)
(37.5M)
(24.6M)
(16.7M)
(12.3M)
(10.8M)
(9.7M)
(10.1M)
(10.9M)
(41.7K)
(10.3K)
(0.0)
(0.0)
-45.2M
-45.7M
-45M
-37.5M
-24.6M
-16.7M
-12.3M
-10.8M
-9.7M
-10.1M
-10.9M
40.4K
27.6K
0.0
0.0
(0.0)
(52.6M)
(46.7M)
(44M)
(39.5M)
(32.1M)
(25.8M)
-165K
-133K
-1.2M
(5M)
(1.1M)
(748.7K)
(4.8K)
(2.5K)
-67.2M
-46.6M
-48.3M
-39M
-10.4M
-21.5M
-12.3M
-13.2M
-8.3M
-12.1M
1.6M
40.4K
27.6K
0.0
0.0
-21.8M
-25.1M
-37.7M
-102.1M
-121.2M
-109.9M
20.9M
12.2M
2.5M
1.9M
17.1M
-1M
-721K
-4.8K
-2.5K
NET INCOME
(2.5M)
(3.1M)
(3.1M)
(6.1M)
-2M
-9.8M
(2.2M)
(616K)
(10M)
-3.2M
-2.6M
(0.0)
(0.0)
(0.0)
(0.0)
-29.7M
-31.2M
-45.6M
-111.4M
-119.2M
-98.7M
16.4M
11.4M
-8.7M
4.9M
19.7M
-1M
-721K
-4.8K
-2.5K

SEC Filings

LIND - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 28, 2026
June 10, 2026
2026
8-K

8-K 2026

N/A

March 25, 2026
March 19, 2026
2026
8-K

8-K 2026

N/A

March 03, 2026
March 03, 2026
2026
10-K

10-K 2025 FY

FY

February 26, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

January 20, 2026
January 20, 2026
2026
8-K

8-K 2025

N/A

December 11, 2025
December 11, 2025
2025
8-K

8-K 2025

N/A

November 04, 2025
November 04, 2025
2025
Showing 1 to 10 of 234 filings