15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $771M | -$35M | 45.8% | 5.9% | $64M | $663M | $257M |
| 2024 | $645M | -$36M | 43.8% | 3.3% | $59M | $625M | $184M |
| 2023 | $570M | -$50M | 40.6% | 1.9% | -$5M | $622M | $157M |
| 2022 | $422M | -$116M | 32.8% | -15.0% | -$40M | $553M | $87M |
| 2021 | $147M | -$125M | 15.4% | -75.3% | -$64M | $545M | $151M |
| 2020 | $82M | -$99M | 11.4% | -107.3% | -$248M | $483M | $188M |
| 2019 | $343M | $16M | 51.4% | 9.7% | -$33M | $218M | $102M |
| 2018 | $310M | $11M | 50.4% | 8.2% | $2M | $190M | $113M |
| 2017 | $267M | -$9M | 49.1% | 4.0% | -$28M | $166M | $96M |
| 2016 | $242M | $5M | 50.9% | 5.8% | -$45M | $175M | $135M |
| 2015 | — | $20M | — | — | $26M | $174M | $207M |
| 2014 | — | $22M | — | — | $37M | $56M | $40M |
| 2014 | — | -$970246 | — | — | — | — | $123008 |
| 2013 | — | $15M | — | — | $27M | — | $44M |
| 2013 | — | -$480016 | — | — | — | — | $542190 |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $208M | $7M | 48.7% | 7.5% | $43M | $663M | $275M |
| Dec '25 | $183M | -$24M | 40.3% | -3.0% | $3M | $663M | $257M |
| Sep '25 | $240M | $1M | 48.2% | 15.0% | $12M | $663M | $262M |
| Jun '25 | $168M | -$9M | 45.6% | 2.6% | $13M | $627M | $201M |
| Mar '25 | $180M | $1M | 48.3% | 5.9% | $35M | $626M | $189M |
| Dec '24 | $149M | -$25M | 42.5% | -5.1% | -$8M | $625M | $184M |
| Sep '24 | $206M | $23M | 46.7% | 14.3% | $18M | $625M | $194M |
| Jun '24 | $136M | -$25M | 39.2% | -6.0% | $11M | $624M | $168M |
| Mar '24 | $154M | -$4M | 45.0% | 5.1% | $37M | $623M | $178M |
| Dec '23 | $125M | -$27M | 38.5% | -11.0% | -$17M | $622M | $157M |
| Sep '23 | $176M | $6M | 45.7% | 11.6% | $8M | $621M | $168M |
| Jun '23 | $125M | -$24M | 37.8% | -6.8% | $9M | $620M | $143M |
| Mar '23 | $143M | $621000 | 49.8% | 8.7% | -$4M | $548M | $84M |
| Dec '22 | $118M | -$32M | 36.3% | -13.0% | -$12M | $553M | $87M |
| Sep '22 | $145M | -$9M | 39.5% | 4.0% | -$24M | $559M | $116M |
| Jun '22 | $91M | -$29M | 31.3% | -21.2% | -$3M | $564M | $127M |
| Mar '22 | $68M | -$42M | 14.6% | -50.5% | -$2M | $569M | $155M |
| Dec '21 | $66M | -$26M | 21.9% | -45.0% | $3M | $545M | $151M |
| Sep '21 | $65M | -$24M | 29.3% | -27.4% | -$64M | $547M | $156M |
| Jun '21 | $15M | -$35M | -27.0% | -213.5% | $7M | $499M | $160M |
How the market has priced LIND against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Lindblad Expeditions Holdings, Inc.'s revenue has grown 56.4% per year. These are computed facts, not advice.
As of FY2025, Lindblad Expeditions Holdings, Inc. reported $663M of total debt against $257M of cash.
In FY2025, gross margin was 45.8%, operating margin 5.9%, and net margin -4.5%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.