← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
LINDBLAD EXPEDITIONS HOLDINGS, INC.: Revenue grew 19.6% to $771M from $645M. Net loss narrowed to $29.72M from $31.18M. Free cash flow grew 8.5% to $63.84M from $58.84M. Operating margin expanded 256 bps to 5.90%. LINDBLAD EXPEDITIONS HOLDINGS, INC.'s annual comparison also shows stock compensation grew faster than revenue; capital spending grew faster than revenue; the balance-sheet screen falls in the distress range and requires business-model context.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 19.6% to $771M from $645MOK
- Profitability — Net loss narrowed to $29.72M from $31.18MOK
- Cash flow — Free cash flow grew 8.5% to $63.84M from $58.84MOK
- Margins — Operating margin expanded 256 bps to 5.90%OK
- Accounting — Distress-range screen needs contextWatch
- Insiders — 0 purchases and 43 salesWatch
Business
Business and Growth Strategies The following are the key components of our business strategy: Deliver Exceptional Guest Experiences Our chief guiding principle throughout the organization is to ensure that everything adds value to the guest experience.
Where the revenue comes from
Fiscal 2025, as LINDBLAD EXPEDITIONS HOLDINGS, INC. reports it. History and quarterly detail are in the app.
- Lindblad$495.6M
- Land-experience$275.4M
Leadership changes
From LINDBLAD EXPEDITIONS HOLDINGS, INC.'s own filings, the day they're filed.
- Rear Admiral Keith Taylor · Directors · appointmenteff. 2026-03-19
- Kathi Riddle · Chief Sales Officer · appointmenteff. 2025-10-18
- Natalya Leahy · Chief Executive Officer · appointmenteff. 2025-01-01
Latest filings
- 8-K · Company announcement2026-08-03
- 10-Q · Quarterly report2026-08-03
- 8-K · Company announcement2026-06-11
- 8-K · Company announcement2026-05-05
- 10-Q · Quarterly report2026-05-05
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about LINDBLAD EXPEDITIONS HOLDINGS, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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