LIND Q3 2025 Earnings — Lindblad Expeditions Holdings, Inc. Revenue & Financial Results | Market Cap Arena

LINDLindblad Expeditions Holdings, Inc.

$972M

Q3 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$240M+16.6% YoY

Gross Profit

$101M42.0% margin

Operating Income

$36M15.0% margin

Net Income

$1M0.5% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+43.0%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$12M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$977M

Total Liabilities

$1.1B

Stockholders' Equity

-$175M

Cash & Equivalents

$262M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$240M	$206M	+16.6%
Gross Profit	$101M	$102M	-0.6%
Operating Income	$36M	$29M	+22.0%
Net Income	$1M	$23M	-94.7%

Revenue Segments

Lindblad Segment

$138M57%

Land-experience

$103M43%