NASDAQ:LIND
Lindblad Expeditions Holdings, Inc.
Lindblad Expeditions Holdings, Inc.'s revenue grew 19.6% in fiscal 2025 to $771.0M while operating margin rose to 5.9%. Free cash flow was $63.8M, 8.3% of revenue, and the diluted share count rose 2.1%.Summary generated from Lindblad Expeditions Holdings, Inc.'s SEC filings. Latest annual report filed Feb 26, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$771.0M
Revenue growth+19.6%
Revenue, 5-yr CAGR+56.4%
Gross margin45.8%
Operating margin5.9%
Net margin−3.9%
ROIC23.2%
Return on equityn/a
Debt / equityn/a
Free cash flow$63.8M
FCF margin8.3%
Share count change+2.1%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 147 | 422 | 570 | 645 | 771 |
| Operating income | −111 | −63 | 11 | 22 | 45 |
| Net income | −119 | −111 | −46 | −31 | −30 |
| Free cash flow | −64 | −40 | −5 | 59 | 64 |
Recent filings
- 4Insider transaction report
Oct 2, 2026 - 8-KEntry into a material agreement
Sep 15, 2026 - 4Insider transaction report
Sep 3, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 3, 2026 - 8-KResults of operations and financial condition
Aug 3, 2026 - 8-KResults of a shareholder vote
Jun 11, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
May 5, 2026 - 8-KResults of operations and financial condition
May 5, 2026