LINDBLAD EXPEDITIONS HOLDINGS, INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $771.0M | $644.7M | $569.5M | $421.5M | $147.1M |
| Operating income | $45.5M | $21.6M | $10.6M | -$63.0M | -$110.8M |
| Cost of revenue | $418.0M | $362.6M | $338.2M | $283.2M | $124.5M |
| Cash from operations | $111.6M | $92.4M | $25.4M | -$2.2M | $32.5M |
| Capital expenditure | $47.7M | $33.5M | $30.0M | $38.2M | $96.7M |
| Free cash flow | $63.8M | $58.8M | -$4.5M | -$40.4M | -$64.2M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $980.0M | $876.9M | $831.3M | $788.0M | $827.5M |
| Total liabilities | $1.1B | $1.0B | $945.1M | $873.6M | $811.5M |
| Total debt | $675.0M | $635.0M | $635.1M | $565.8M | $558.5M |
Shares outstanding 65.6M · Free float 67.9%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.