Lindblad Expeditions Financial Statements
NASDAQ: LINDConsumer DiscretionaryTransportation ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lindblad Expeditions revenue and earnings
In fiscal 2025, Lindblad Expeditions generated $771.0 million in revenue, up 19.6% from fiscal 2024, its 5th consecutive year of revenue growth. Lindblad Expeditions reported a net loss of $29.7 million, compared with a loss of $31.2 million a year earlier. Gross margin was 45.8% (up from 43.8%) and operating margin 5.9%.
Diluted earnings per share came in at -$0.63. Over the last 5 fiscal years, LIND's revenue has grown at a 56.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Lindblad Expeditions income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 771.02M | 644.73M | 569.54M | 421.50M | 147.11M | 82.36M | 343.09M | 309.73M | 266.50M | 242.35M |
| Revenue growth (YoY) | +19.59% | +13.20% | +35.12% | +186.53% | +78.62% | -76.00% | +10.77% | +16.22% | +9.97% | +15.41% |
| Cost of Revenue | 418.02M | 362.58M | 338.21M | 283.22M | 124.48M | 72.93M | 166.61M | 153.74M | 135.53M | 118.98M |
| Gross Profit | 353.00M | 282.15M | 231.33M | 138.28M | 22.62M | 9.43M | 176.48M | 155.99M | 130.98M | 123.37M |
| Operating Expenses | 307.51M | 260.59M | 220.73M | 201.33M | 133.45M | 97.82M | 143.28M | 130.65M | 120.23M | 109.39M |
| Selling, General & Admin | 244.69M | 208.03M | 174.02M | 157.29M | 93.93M | 65.74M | 117.52M | 109.89M | 102.88M | 90.97M |
| Operating Income | 45.49M | 21.55M | 10.60M | -63.05M | -110.83M | -88.40M | 33.20M | 25.34M | 10.74M | 13.98M |
| Other Income (Expense) | -67.24M | -46.64M | -48.33M | -39.04M | -10.36M | -21.55M | -12.26M | -13.17M | -8.27M | -12.12M |
| Pretax Income | -21.75M | -25.09M | -37.73M | -102.08M | -121.19M | -109.94M | 20.94M | 12.17M | 2.47M | 1.86M |
| Income Tax | 2.48M | 3.10M | 3.15M | 6.08M | -2.02M | -9.80M | 2.19M | 616.00K | 10.00M | -3.20M |
| Net Income | -29.72M | -31.18M | -45.61M | -111.38M | -119.21M | -98.74M | 16.35M | 11.35M | -8.66M | 4.86M |
| Net Income growth (YoY) | — | — | — | — | — | -703.79% | +44.05% | — | -278.06% | -75.36% |
| EPS (Basic) | -0.63 | -0.67 | -0.94 | -2.23 | -2.41 | -2.01 | 0.29 | 0.25 | -0.19 | 0.11 |
| EPS (Diluted) | -0.63 | -0.67 | -0.94 | -2.23 | -2.41 | -2.01 | 0.28 | 0.24 | -0.19 | 0.10 |
| Shares Outstanding (Basic) | 54.97M | 53.82M | 53.26M | 52.02M | 50.11M | 49.74M | 47.44M | 45.38M | 44.58M | 45.65M |
| Shares Outstanding (Diluted) | 54.97M | 53.82M | 53.26M | 52.02M | 50.11M | 49.74M | 49.43M | 46.34M | 44.58M | 46.46M |
| EBITDA | 108.31M | 74.11M | 57.31M | -19.00M | -71.31M | -56.31M | 58.97M | 46.11M | 28.09M | 31.08M |
| Gross Margin | 45.78% | 43.76% | 40.62% | 32.81% | 15.38% | 11.44% | 51.44% | 50.36% | 49.15% | 50.91% |
| Operating Margin | 5.90% | 3.34% | 1.86% | -14.96% | -75.34% | -107.34% | 9.68% | 8.18% | 4.03% | 5.77% |
| Net Margin | -3.85% | -4.84% | -8.01% | -26.42% | -81.03% | -119.89% | 4.77% | 3.67% | -3.25% | 2.01% |
This table shows 10 annual periods of Lindblad Expeditions's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow LIND's reporting calendar. What is a income statement?