LIND · XBRL financial data

Lindblad Expeditions Holdings financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LIND's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cost of revenue	73	124	283	322	344	418
General and administrative	46	65	96	118	140	130
Operating income (loss)	(88)	(111)	(63)	11	22	45
Other income (expense)	(0)	15	(0)	(4)	0	0
Income tax expense (benefit)	(10)	(2)	6	3	3	2
Net income (loss)	(99)	(119)	(111)	(46)	(31)	(30)
Earnings per share, basic USD per share	(2.01)	(2.41)	(2.23)	(0.94)	(0.67)	(0.63)
Earnings per share, diluted USD per share	(2.01)	(2.41)	(2.23)	(0.94)	(0.67)	(0.63)
Weighted average shares, basic millions of shares	50	50	52	53	54	55
Weighted average shares, diluted millions of shares	50	50	52	53	54	55

Fiscal years (LIND's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	188	151	87	157	184	257
Short-term investments	—	0	14	0	—	—
Inventory	2	2	2	—	—	—
Prepaid and other current assets	17	27	42	57	62	78
Total current assets	229	210	183	245	278	368
Property and equipment, net	483	542	539	526	518	522
Right-of-use asset	5	4	4	—	—	—
Goodwill	22	42	42	42	59	61
Total assets	757	827	788	831	877	980
Accounts payable	5	10	17	16	14	22
Accrued liabilities	—	—	—	49	58	77
Current portion of long-term debt	11	26	23	0	0	0
Total current liabilities	156	289	341	319	392	462
Long-term debt	471	519	529	622	625	663
Lease liability, non-current	4	3	3	—	—	—
Total liabilities	631	812	874	945	1,022	1,133
Accumulated deficit	(12)	(136)	(267)	(322)	(363)	(411)
Total stockholders' equity	35	(79)	(183)	(225)	(253)	(285)
Total liabilities and equity	757	827	788	831	877	980
Common shares outstanding (cover page) millions of shares	50	51	53	53	55	65

Fiscal years (LIND's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(99)	(119)	(111)	(46)	(31)	(30)
Stock-based compensation	2	6	7	14	10	13
Depreciation and amortization	32	40	44	47	53	63
Net cash from operating activities	(92)	32	(2)	25	92	112
Purchases of property and equipment	155	97	38	30	34	48
Net cash from investing activities	(155)	(115)	(50)	(15)	(44)	(67)
Proceeds from long-term debt	268	62	360	275	0	675
Repayments of long-term debt	3	6	353	206	0	635
Net cash from financing activities	343	50	(5)	61	(20)	30
Net change in cash	95	(32)	(57)	71	29	74

SIC 4700 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4700 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Lindblad Expeditions Holdings	319	not reported	59*	65.6M	—	Q2 FY26 10-QJun 30, 2026
Proficient Auto Logistics	8.1	not reported	(1.3)*	28.1M	6.5 quarters	Q2 FY26 10-QJun 30, 2026
Global Business Travel Group	518	870	142*	522.4M	—	Q2 FY26 10-QJun 30, 2026
Virgin Galactic Holdings	187	0.1	(50)*	151.6M	5.1 quarters	Q2 FY26 10-QJun 30, 2026
ModivCare	78	680	(50)*	14.4M	1.5 quarters	Q3 FY25 10-QSep 30, 2025

Not investment advice. Not affiliated with the U.S. SEC.