LIND Q2 2025 Earnings — Lindblad Expeditions Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LINDLindblad Expeditions Holdings, Inc.

$972M

Q2 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$168M+23.0% YoY

Gross Profit

$77M45.6% margin

Operating Income

$4M2.6% margin

Net Income

-$9M-5.1% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

-6.6%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$13M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$937M

Total Liabilities

$1.2B

Stockholders' Equity

-$264M

Cash & Equivalents

$201M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$136M	+23.0%
Gross Profit	$77M	$44M	+73.1%
Operating Income	$4M	-$8M	+153.7%
Net Income	-$9M	-$25M	+65.5%

Revenue Segments

Lindblad Segment

$111M66%

Land-experience

$57M34%