Lindblad Expeditions Holdings, Inc.

Lindblad Expeditions Holdings, Inc.

LIND
Lindblad Expeditions Holdings, Inc.US flagNASDAQ Capital Market
21.74
USD
-0.96
- -
1.20BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
4.67
5.31
5.98
6.83
7.23
1.66
2.94
8.1
10.69
11.98
14.03
14.17
Basic EPS, GAAP
-0.12
-0.16
0.44
0.11
-0.19
0.25
0.34
-2.02
-2.48
-2.23
-0.94
-0.67
-0.63
-0.51
Free Cash Flow per Basic Share
-1.19
-1.08
0.57
-0.97
-0.62
0.04
-0.7
-4.98
-1.28
-0.78
-0.08
1.09
1.16
1.27
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
32.15
30.03
1.47
1.55
1.43
1.66
1.72
-0.23
-2.72
-5.12
-6.05
-6.74
-7.48
-7.25
Tangible Book Value per Share
34.38
31.07
2.4
1.88
1.82
2.04
2.34
0.31
-2.46
-4
-4.48
-5.55
-5.71
-4.14
Basic Weighted Avg Shares
6
6
45
46
45
45
47
50
50
52
53
54
55
56
Sales/Revenue/Turnover
- -
- -
210
242
267
310
343
82
147
422
570
645
771
799
Operating Margin (%)
- -
- -
13.74
5.77
4.03
8.18
9.68
-107.34
-75.34
-14.96
1.86
3.34
5.9
6.32
Depreciation Expense
12
11
12
18
17
21
26
32
40
45
48
53
65
67
Net Income, GAAP
-1
-1
20
5
-9
11
16
-99
-119
-111
-46
-31
-30
-24
Effective Tax Rate (%)
- -
- -
- -
- -
404.45
5.06
10.46
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
9.4
2.01
-3.25
3.67
4.77
-119.89
-81.03
-26.42
-8.01
-4.84
-3.85
-3.05
Working Capital
- -
-1
130
47
-13
-9
-36
73
-79
-158
-75
-114
-94
-88
LT Debt
- -
52
163
164
164
188
219
475
522
529
622
625
663
663
Total Equity
200
199
114
119
113
123
139
126
16
-86
-114
-146
-153
-157
Return on Invested Capital (%)
- -
- -
- -
- -
-11.56
8.11
8.77
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
-16.51
8.44
8.4
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-0.54
15.66
7.12
-12.88
16.33
20.85
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
1
LT Borrowings
663
663
663
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
83
- -
Shares Outstanding
55
55
65
Market Capitalization
701
793
976

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
364
368
385
Cash, Cash Equivalents & STI
262
257
275
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
439
462
473
Payables & Accruals
75
99
72
ST Debt
1
1
1
Deferred Revenue
362
361
399

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-64.61%
-131.66%
5.47%
Free Cash Flow
-313.21%
-318.51%
8.5%
Net Income, GAAP
-132.54%
-16.24%
-4.68%
Sales/Revenue/Turnover
30.94%
66.61%
19.59%
Total Cash Common Dividend
- -
40.88%
6.14%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
154
136
206
149
645
2025
180
168
240
183
771
2026
208
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
-0.48
0.39
-0.48
-0.67
2025
- -
-0.18
- -
-0.45
-0.63
2026
0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Benjamin L. Bressler
Full Time Employees
1,230
Sector
Consumer Cyclical
Industry
Travel Services
Address
96 Morton Street New York City NY United States of America 10014
IPO Date
Jul 3, 2013
Business
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) operates as a leading provider of expedition travel experiences, specializing in marine-based adventures and land tours focused on exploration, education, and conservation worldwide. Founded in 1979 and headquartered at 96 Morton Street, 9th Floor, New York, NY 10014, the company partners with National Geographic Partners, LLC to deliver voyages featuring expert lecturers including photographers, marine biologists, naturalists, and researchers; its Lindblad segment offers ship-based expeditions on 15 customized, intimately-scaled vessels with capacities from 28 to 150 guests, equipped with state-of-the-art tools for in-depth exploration of remote destinations such as Antarctica, the Arctic, Galápagos Islands, Alaska, Baja California’s Sea of Cortez, and Panama; the Land Experiences segment, including Natural Habitats and DuVine brands, provides over 100 eco-conscious itineraries in more than 45 countries across seven continents, encompassing small-group nature-focused tours like polar bear adventures, wildlife hikes, cultural immersions, intimate cycling trips with local guides emphasizing cuisine and accommodations, and curated active journeys in national parks. The company serves adventure travelers seeking up-close encounters with wildlife, history, and culture through Zodiac excursions, kayaking, snorkeling, hiking, and photography programs, operating globally with emphasis on sustainable tourism via partnerships like the World Wildlife Fund and the Lindblad Expeditions-National Geographic Fund, which has supported over $24 million in ocean conservation projects. Recent developments include the June 2024 announcement to expand Galápagos operations by acquiring two purpose-built expedition vessels, set to join the fleet after multi-million-dollar revitalizations following a January 2025 transaction closing, enhancing capacity in this core market; in August 2025, the company upsized and priced a $675 million senior secured notes offering due 2030 through subsidiary Lindblad Expeditions, LLC, using proceeds with cash on hand to tender and redeem outstanding 6.750% notes due 2027 and 9.000% notes due 2028, thereby refinancing debt and extending maturities; third-quarter 2025 results showed total revenue up 17% to $240.2 million amid ongoing post-pandemic recovery and fleet modernization efforts.

Company News

APIChat
  • Lindblad’s Chief Expedition Officer Trims His Stake by 10K Shares

  • Lindblad Expeditions: Performance Outweighs Risks

  • Lindblad Expeditions Holdings, Inc. (LIND) Q1 2026 Earnings Call Transcript

  • Lindblad Expeditions (LIND) Q1 Earnings and Revenues Surpass Estimates

  • Lindblad Expeditions Holdings, Inc. Reports 2026 First Quarter Financial Results

  • LINDBLAD EXPEDITIONS HOLDINGS, INC. TO REPORT 2026 FIRST QUARTER FINANCIAL RESULTS ON MAY 5, 2026

  • Travel Stocks Are Getting Pummeled as the Iran Conflict Drags On. Here Are 3 to Buy on the Dip.

  • SG Americas Securities LLC Raises Stake in Lindblad Expeditions $LIND

  • Comparing OneSpaWorld (NASDAQ:OSW) and Lindblad Expeditions (NASDAQ:LIND)

  • Comparing Lindblad Expeditions (NASDAQ:LIND) and Avolta (OTCMKTS:DUFRY)

  • Is Lindblad Expeditions a Buy or Sell After Its Founder Dumped 28,000 Shares?

  • Critical Survey: Lucky Strike Entertainment (NYSE:LUCK) vs. Lindblad Expeditions (NASDAQ:LIND)

  • Golden Heaven Group (NASDAQ:GDHG) and Lindblad Expeditions (NASDAQ:LIND) Critical Analysis

  • Lindblad Expeditions Holdings, Inc. (LIND) Q4 2025 Earnings Call Transcript

  • Lindblad Expeditions (LIND) Reports Q4 Loss, Tops Revenue Estimates

  • /C O R R E C T I O N -- Lindblad Expeditions Holdings, Inc./

  • Lindblad Expeditions Holdings, Inc. Reports 2025 Fourth Quarter and Full Year Financial Results

  • Lindblad Expeditions (LIND) Expected to Announce Earnings on Thursday

  • LINDBLAD EXPEDITIONS HOLDINGS, INC. TO REPORT 2025 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS ON FEBRUARY 26, 2026

  • Benjamin Bressler Sells 181,389 Shares of Lindblad Expeditions (NASDAQ:LIND) Stock