Lindblad Expeditions Quarterly Balance Sheet
NASDAQ: LINDConsumer DiscretionaryTransportation ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Lindblad Expeditions financial position
As of Jun 30, 2026, Lindblad Expeditions reported total assets of $1.03 billion, up 10.4% from a year earlier against total liabilities of $1.20 billion. Shareholders' equity was negative at -$195.8 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $318.9 million in cash and equivalents against $663.9 million of debt, a net debt position of $345.0 million.
The current ratio (current assets divided by current liabilities) was 0.84, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Lindblad Expeditions balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 318.89M | 275.01M | 256.69M | 261.78M | 200.93M | 188.85M | 183.94M | 193.88M | 168.12M | 177.72M | 156.84M | 168.01M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — | — | 0 | 0 |
| Inventory | — | — | — | — | — | — | — | — | — | — | — | 3.09M |
| Total Current Assets | 442.74M | 384.75M | 367.88M | 363.79M | 322.52M | 295.83M | 278.43M | 287.85M | 283.56M | 286.56M | 244.50M | 259.15M |
| Property, Plant & Equipment | 502.24M | 511.76M | 522.12M | 527.61M | 533.14M | 531.54M | 518.39M | 516.94M | 515.87M | 521.63M | 526.00M | 530.34M |
| Goodwill | 60.61M | 60.61M | 60.61M | 61.15M | 59.20M | 59.20M | 59.03M | 67.80M | 42.02M | 42.02M | 42.02M | 42.02M |
| Intangible Assets | 15.54M | 16.03M | 16.60M | 17.36M | 14.68M | 15.28M | 15.92M | 8.06M | 8.51M | 8.96M | 9.41M | 9.86M |
| Total Assets | 1.03B | 987.18M | 979.96M | 976.53M | 936.52M | 908.83M | 876.90M | 889.82M | 858.34M | 868.04M | 831.30M | 851.61M |
| Accounts Payable | 15.04M | 24.98M | 22.23M | 20.65M | 9.83M | 10.69M | 13.86M | 16.90M | 8.46M | 21.04M | 16.15M | 15.92M |
| Short-Term Debt | 0 | 0 | 3.00K | 10.00K | 8.00K | 19.00K | 29.00K | 0 | 46.00K | 46.00K | 47.00K | 46.00K |
| Total Current Liabilities | 524.83M | 473.12M | 461.59M | 438.61M | 450.08M | 420.54M | 392.45M | 386.11M | 382.51M | 357.56M | 319.22M | 319.03M |
| Long-Term Debt | 663.87M | 663.22M | 662.67M | 663.44M | 627.27M | 626.35M | 625.42M | 624.50M | 623.59M | 622.68M | 621.78M | 620.89M |
| Total Liabilities | 1.20B | 1.14B | 1.13B | 1.11B | 1.08B | 1.05B | 1.02B | 1.01B | 1.01B | 984.49M | 945.06M | 943.27M |
| Shareholders' Equity | -195.84M | -190.13M | -284.53M | -256.59M | -263.81M | -252.22M | -253.11M | -226.88M | -255.49M | -227.40M | -225.06M | -198.29M |
| Retained Earnings | -412.31M | -408.94M | -411.40M | -384.57M | -381.82M | -365.72M | -362.88M | -334.62M | -354.84M | -326.46M | -322.21M | -290.85M |
| Total Debt | 663.87M | 663.22M | 662.67M | 663.45M | 627.28M | 626.37M | 625.45M | 624.50M | 623.63M | 622.72M | 621.83M | 620.93M |
| Net Cash (Debt) | -344.99M | -388.20M | -405.98M | -401.67M | -426.35M | -437.51M | -441.51M | -430.62M | -455.51M | -445.00M | -464.98M | -452.92M |
| Shares Outstanding | 65.52M | 65.45M | 55.32M | 55.29M | 54.60M | 54.57M | 54.38M | 54.36M | 53.51M | 53.47M | 53.33M | 53.32M |
This table shows 12 quarterly periods of Lindblad Expeditions's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, short-term investments, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow LIND's reporting calendar. What is a balance sheet?