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LIND · NASDAQ · Travel Services

Lindblad Expeditions (LIND)

Runs National Geographic-linked voyages alongside land-adventure brands.

$27.65

vs last close−0.64 (−2.26%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	176	125	154	136	206	149	180	168	240	183	208	199
Cost of revenue	96	77	84	92	104	81	93	91	139	157	124	121
Gross profit	80	48	69	44	102	67	87	77	101	26	84	78
	60	62	61	52	72	75	76	72	65	31	68	66
	49	49	50	52	59	60	61	57	65	61	68	66
Selling & marketing	19	16	23	18	25	21	28	26	30	30	36	32
General & administrative	30	33	27	34	34	39	33	31	35	31	32	34
Other expenses	11	13	11	0	13	15	15	15	0	−30	0	0
Operating income	20	−14	8	−8	29	−8	11	4	36	−6	16	12
	−12	−11	−12	−11	−11	−12	−11	−11	−34	−11	−11	−11
Interest expense	11	11	12	11	11	12	12	12	11	11	11	10
Other non-operating income	1	0	0	0	0	1	−1	−1	23	1	0	0
Income before tax	8	−25	−4	−20	18	−20	0	−6	2	−17	5	1
Income tax expense	0	2	0	4	−7	5	−1	1	−3	6	−1	1
Net income from continuing operations	8	−26	−4	−24	25	−25	1	−7	5	−23	6	0
Net income	6	−27	−4	−25	23	−25	1	−9	1	−24	7	−1
EPS, basic	$0.08	−$0.53	−$0.10	−$0.46	$0.39	−$0.48	−$0.00	−$0.18	−$0.00	−$0.45	$0.10	−$0.02
EPS, diluted	$0.08	−$0.53	−$0.10	−$0.46	$0.34	−$0.48	−$0.00	−$0.18	−$0.00	−$0.45	$0.10	−$0.02
Weighted average shares, basic	53	53	53	54	54	54	55	55	56	55	60	65
Weighted average shares, diluted	53	53	53	54	63	54	55	55	56	55	61	65
EBITDA	31	−1	19	6	42	7	27	20	29	11	34	31
Depreciation & amortization	11	13	12	14	13	15	16	15	15	17	18	19
EBIT	20	−13	8	−8	30	−8	11	5	13	−6	15	12