stockrowLindblad Expeditions
LIND Consumer Cyclical Travel Services
Lindblad Expeditions' revenue for fiscal 2025 (year ended December 2025) was $771.0 million, up 19.6% from fiscal 2024.
- Revenue
- +12.1%
- EPS
- 0.00%
- Free cash flow
- −109.5%
- Total debt
- +6.88%
Quarter to September 2026, against a year earlier
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Lindblad Expeditions (LIND) Gross margin
Lindblad Expeditions's gross margin over the twelve months to 30 September 2026 was 47.1%, up 1.3 percentage points from fiscal 2025 (45.8%). Over the past ten years it has ranged from 11.4% (fiscal 2020) to 54.6% (fiscal 2015); the current reading is higher than 55% of that period. That is below the Travel Services industry median of 52.2% and above the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 45.8% | 2.02 |
| FY2024 | 43.8% | 3.14 |
| FY2023 | 40.6% | 7.81 |
| FY2022 | 32.8% | 17.43 |
| FY2021 | 15.4% | 3.94 |
| FY2020 | 11.4% | (40.00) |
| FY2019 | 51.4% | 1.08 |
| FY2018 | 50.4% | 1.21 |
| FY2017 | 49.2% | (1.76) |
| FY2016 | 50.9% | (3.65) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 49.5% | 1.00 |
| Jun 2026 | 48.5% | (0.18) |
| Mar 2026 | 48.7% | 8.41 |
| Dec 2025 | 40.3% | (7.95) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 92.5% |
| EXPE Expedia Group, Inc. compare | 90.5% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 80.1% |
| MMYT MakeMyTrip Limited compare | 77.3% |
| LIND Lindblad Expeditions | 47.1% |
| TNL Travel + Leisure Co. compare | 45.1% |
| VIK Viking Holdings Ltd. compare | 43.2% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 41.4% |
| TRIP TripAdvisor, Inc. compare | 0.00% |
| Travel Services industry median | 52.2% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
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