LINDBLAD EXPEDITIONS HOLDINGS, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that LINDBLAD EXPEDITIONS HOLDINGS, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $63.22M | Mar 2, 2018 |
| FY2017 | Sep 30, 2017 | $84.58M | Mar 2, 2018 |
| FY2017 | Jun 30, 2017 | $55.57M | Mar 2, 2018 |
| FY2017 | Mar 30, 2017 | $63.13M | Mar 2, 2018 |
| FY2017 | Dec 31, 2016 | $56.13M | Mar 2, 2018 |
| FY2017 | Sep 30, 2016 | $70.77M | Mar 2, 2018 |
| FY2017 | Jun 30, 2016 | $53.87M | Mar 2, 2018 |
| FY2017 | Mar 31, 2016 | $61.57M | Mar 2, 2018 |
| FY2016 | Dec 31, 2015 | $46.47M | Mar 7, 2017 |
| FY2016 | Sep 30, 2015 | $58.56M | Mar 7, 2017 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2018 | Dec 31, 2018 | $31.51M | Feb 28, 2019 |
| FY2018 | Sep 30, 2018 | $42.28M | Feb 28, 2019 |
| FY2018 | Jun 30, 2018 | $35.66M | Feb 28, 2019 |
| FY2018 | Mar 31, 2018 | $46.54M | Feb 28, 2019 |
| FY2018 | Dec 31, 2017 | $27.48M | Feb 28, 2019 |
| FY2018 | Sep 30, 2017 | $46.10M | Feb 28, 2019 |
| FY2018 | Jun 30, 2017 | $26.87M | Feb 28, 2019 |
| FY2018 | Mar 31, 2017 | $30.53M | Feb 28, 2019 |
| FY2017 | Mar 30, 2017 | $30.53M | Mar 2, 2018 |
| FY2017 | Dec 31, 2016 | $24.26M | Mar 2, 2018 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($29.72M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($31.18M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | ($45.61M) | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | ($111.38M) | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | ($119.21M) | Mar 21, 2024 |
| FY2022 | Dec 31, 2020 | ($98.74M) | Mar 10, 2023 |
| FY2021 | Dec 31, 2019 | $16.35M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $11.35M | Mar 12, 2021 |
| FY2017 | Dec 31, 2017 | ($15.02M) | Mar 2, 2018 |
| FY2017 | Sep 30, 2017 | $9.44M | Mar 2, 2018 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $45.49M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $21.55M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $10.60M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | ($63.05M) | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | ($110.83M) | Mar 21, 2024 |
| FY2022 | Dec 31, 2020 | ($88.40M) | Mar 10, 2023 |
| FY2021 | Dec 31, 2019 | $33.20M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $25.34M | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | $10.74M | Feb 26, 2020 |
| FY2018 | Dec 31, 2016 | $13.98M | Feb 28, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $111.58M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $92.36M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $25.44M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | ($2.20M) | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $32.50M | Mar 21, 2024 |
| FY2022 | Dec 31, 2020 | ($92.26M) | Mar 10, 2023 |
| FY2021 | Dec 31, 2019 | $62.58M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $56.36M | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | $52.92M | Feb 26, 2020 |
| FY2018 | Dec 31, 2016 | $31.43M | Feb 28, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $47.75M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $33.52M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $29.96M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $38.21M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $96.69M | Mar 21, 2024 |
| FY2022 | Dec 31, 2020 | $155.48M | Mar 10, 2023 |
| FY2021 | Dec 31, 2019 | $96.00M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $54.35M | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | $80.49M | Feb 26, 2020 |
| FY2018 | Dec 31, 2016 | $75.93M | Feb 28, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $979.96M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $876.91M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $831.30M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $787.98M | Mar 21, 2024 |
| FY2022 | Dec 31, 2021 | $827.49M | Mar 10, 2023 |
| FY2021 | Dec 31, 2020 | $757.45M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $548.66M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $473.41M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $424.35M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $407.70M | Mar 2, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.13B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.02B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $945.06M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $873.62M | Mar 21, 2024 |
| FY2022 | Dec 31, 2021 | $811.55M | Mar 10, 2023 |
| FY2021 | Dec 31, 2020 | $631.17M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $409.30M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $350.86M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $311.72M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $288.72M | Mar 2, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($284.53M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($253.11M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | ($225.06M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2022 | ($182.68M) | Feb 26, 2026 |
| FY2024 | Dec 31, 2021 | ($78.58M) | Feb 28, 2025 |
| FY2023 | Dec 31, 2020 | $34.96M | Mar 21, 2024 |
| FY2022 | Dec 31, 2019 | $123.25M | Mar 10, 2023 |
| FY2021 | Dec 31, 2018 | $116.04M | Feb 28, 2022 |
| FY2020 | Dec 31, 2017 | $106.32M | Mar 12, 2021 |
| FY2019 | Dec 31, 2016 | $113.81M | Feb 26, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $60.61M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $59.03M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $42.02M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $42.02M | Mar 21, 2024 |
| FY2022 | Dec 31, 2021 | $42.02M | Mar 10, 2023 |
| FY2021 | Dec 31, 2020 | $22.11M | Feb 28, 2022 |
| FY2021 | Dec 31, 2019 | $22.11M | Feb 28, 2022 |
| FY2019 | Dec 31, 2018 | $22.11M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $22.11M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $22.11M | Mar 2, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($411.41M) | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | ($362.88M) | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | ($322.21M) | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | ($266.53M) | Mar 21, 2024 |
| FY2022 | Dec 31, 2021 | ($136.44M) | Mar 10, 2023 |
| FY2021 | Dec 31, 2020 | ($11.57M) | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $81.66M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $75.17M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $63.82M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $70.71M | Mar 2, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $256.69M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $183.94M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $156.85M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $87.18M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $150.75M | Mar 21, 2024 |
| FY2022 | Dec 31, 2020 | $187.53M | Mar 10, 2023 |
| FY2021 | Dec 31, 2019 | $101.58M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $113.40M | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | $96.44M | Feb 26, 2020 |
| FY2017 | Dec 31, 2016 | $135.42M | Mar 2, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $662.67M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $625.45M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $621.83M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $552.79M | Mar 21, 2024 |
| FY2022 | Dec 31, 2021 | $544.72M | Mar 10, 2023 |
| FY2021 | Dec 31, 2020 | $482.61M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $218.07M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $190.09M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | $165.94M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | $174.90M | Mar 2, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | (2) | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | (2) | Mar 21, 2024 |
| FY2022 | Dec 31, 2020 | (2) | Mar 10, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | 0 | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | 0 | Feb 26, 2020 |
| FY2018 | Dec 31, 2016 | 0 | Feb 28, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | (2) | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | (2) | Mar 21, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Mar 12, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Mar 12, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Mar 12, 2021 |
| FY2020 | Mar 31, 2020 | 0 | Mar 12, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Mar 12, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 55.32M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 54.38M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 53.33M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | 53.11M | Mar 21, 2024 |
| FY2022 | Dec 31, 2021 | 50.76M | Mar 10, 2023 |
| FY2021 | Dec 31, 2020 | 49.82M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 49.63M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | 45.44M | Feb 26, 2020 |
| FY2018 | Dec 31, 2017 | 44.79M | Feb 28, 2019 |
| FY2017 | Dec 31, 2016 | 45.47M | Mar 2, 2018 |