LIND
Company Description
Lindblad Expeditions Holdings, Inc. delivers diverse adventure travel experiences, encompassing both marine expeditions and land-based journeys. Through its primary Lindblad brand, the company orchestrates voyages utilizing a fleet comprising ten proprietary expedition vessels and five ships chartered on a seasonal basis. Furthermore, it manages several distinct travel brands: Natural Habitat specializes in eco-conscious, nature-focused small-group tours; DuVine offers upscale cycling and adventure excursions globally; Off the Beaten Path curates active small-group and bespoke private trips within the United States' national parks; and Classic Journeys designs active small-group and custom private itineraries, distinguished by guided walks led by local experts often evoking cinematic landscapes. The organization also maintains a strategic collaboration with the National Geographic Society. Founded in 1979, Lindblad Expeditions Holdings, Inc. is based in New York, New York.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 771.02M | 644.73M | 569.54M | 421.50M | 147.11M | 82.36M | 343.09M | 309.73M | 266.50M | 242.35M | 209.99M | 198.46M |
| Net Income | (29.72M) | (31.18M) | (45.61M) | (111.38M) | (119.21M) | (98.74M) | 16.35M | 11.35M | (8.66M) | 4.86M | 19.74M | (1.01M) |
| EPS | -0.63 | -0.67 | -0.94 | -2.23 | -2.41 | -2.01 | 0.29 | 0.25 | -0.19 | 0.11 | 0.44 | -0.16 |
| Free Cash Flow | 65.50M | 58.84M | (4.52M) | (40.41M) | (64.19M) | (247.74M) | (33.42M) | 2.01M | (27.57M) | (44.51M) | 25.50M | (6.69M) |
| FCF / Share | 1.19 | 1.09 | -0.08 | -0.78 | -1.28 | -4.98 | -0.70 | 0.04 | -0.62 | -0.97 | 0.57 | -1.08 |
| Operating CF | 113.25M | 92.36M | 25.44M | (2.20M) | 32.49M | (92.26M) | 62.58M | 56.36M | 52.92M | 31.43M | 40.30M | (764,804) |
| Total Assets | 979.96M | 876.90M | 831.30M | 787.98M | 827.49M | 757.45M | 548.66M | 473.41M | 424.35M | 407.70M | 381.61M | 200.13M |
| Total Debt | 663.83M | 627.30M | 623.75M | 557.41M | 549.45M | 488.00M | 224.43M | 190.09M | 165.94M | 165.88M | 164.44M | 56.69M |
| Cash & Equiv | 256.69M | 183.94M | 156.84M | 87.18M | 150.75M | 187.53M | 101.58M | 113.40M | 96.44M | 135.42M | 206.90M | 28,634 |
| Book Value | (201.45M) | (174.96M) | (151.55M) | (113.53M) | 5.32M | 118.78M | 123.25M | 116.04M | 106.32M | 113.81M | 113.92M | 199.22M |
| Return on Equity | N/A | N/A | N/A | N/A | -22.42 | -0.83 | 0.13 | 0.10 | -0.08 | 0.04 | 0.17 | -0.01 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 208.01M | 183.18M | 240.17M | 167.94M | 179.72M | 148.61M | 206.00M | 136.50M | 153.61M | 125.36M | 175.99M | 124.80M |
| Net Income | 6.50M | (23.55M) | 1.19M | (8.52M) | 1.16M | (25.05M) | 22.52M | (24.67M) | (3.98M) | (27.41M) | 5.64M | (24.47M) |
| EPS | 0.10 | -0.45 | -0.00 | -0.18 | -0.00 | -0.48 | 0.39 | -0.46 | -0.10 | -0.53 | 0.08 | -0.48 |
| Free Cash Flow | 42.47M | 15.25M | 11.91M | 13.47M | 34.98M | (8.19M) | 18.36M | 11.22M | 37.45M | (17.11M) | 7.80M | 9.15M |
| FCF / Share | 0.70 | 0.28 | 0.21 | 0.25 | 0.64 | -0.15 | 0.34 | 0.21 | 0.70 | -0.32 | 0.15 | 0.17 |
| Operating CF | 49.36M | 26.22M | 19.53M | 29.21M | 48.40M | 1.68M | 28.11M | 18.65M | 43.92M | (9.87M) | 15.81M | 17.45M |
| Total Assets | 987.18M | 979.96M | 976.53M | 936.52M | 908.83M | 876.90M | 889.82M | 858.34M | 868.04M | 831.30M | 851.61M | 853.84M |
| Total Debt | 664.70M | 663.83M | 665.02M | 628.40M | 627.87M | 627.30M | 626.05M | 625.22M | 624.48M | 623.75M | 624.46M | 624.32M |
| Cash & Equiv | 321.08M | 256.69M | 261.78M | 200.93M | 188.85M | 183.94M | 193.88M | 168.12M | 177.72M | 156.84M | 168.01M | 142.95M |
| Book Value | (190.12M) | (201.45M) | (174.77M) | (263.81M) | (252.22M) | (174.96M) | (149.91M) | (179.69M) | (152.75M) | (151.55M) | (125.90M) | (133.59M) |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |