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Lindblad Expeditions Holdings Inc. LIND Landexperience — Cost Of Revenue

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Lindblad
$76.9M+18.6%

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Other financials

Income statement

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Revenue$208.0M+15.7%
Net income$6.1M+499%

Balance sheet

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Cash & equivalents$275.0M+45.6%
Total debt$664.7M+5.9%
Total equity-$190.1M+24.6%
Total assets$987.2M+8.6%

Cash flow

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Operating cash flow$49.5M+2.2%
CapEx$6.9M-48.7%
Free cash flow$42.6M+21.7%

Valuation

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Market cap$2.16B+207%
Enterprise value$2.55B+126%
P/S2.7×+1.7×

Profitability

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Gross margin51.4%
Operating margin8%
Net margin-2.4%-0.6pp
FCF margin8.9%

Returns & leverage

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Return on equity-235.3%
Debt / equity118.2×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Lindblad Expeditions Holdings Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Lindblad Expeditions Holdings Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:36 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014912
Line itemFor the three months ended March 31, 2026For the three months ended March 31, 2025
Tour revenues$55,524$48,613
Cost of tours29,84728,025
General and administrative12,37211,591
Selling and marketing6,6365,535
Depreciation and amortization1,6161,235
Operating income$5,053$2,227

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FAQ

What is Lindblad Expeditions Holdings Inc.'s landexperience — cost of revenue?
Lindblad Expeditions Holdings Inc. (LIND) reported landexperience — cost of revenue of $29.85M in Q1 2026.
How has Lindblad Expeditions Holdings Inc.'s landexperience — cost of revenue changed year-over-year?
Lindblad Expeditions Holdings Inc.'s landexperience — cost of revenue increased by 6.5% year-over-year, from $28.03M to $29.85M.
What is the long-term trend for Lindblad Expeditions Holdings Inc.'s landexperience — cost of revenue?
Over 3 years (2022 to 2025), Lindblad Expeditions Holdings Inc.'s landexperience — cost of revenue has grown at a 24.8% compound annual growth rate (CAGR), from $81.96M to $159.34M.
What does landexperience — cost of revenue mean?
This represents the direct costs associated with delivering land-based expedition experiences, including logistics, local guides, and accommodation expenses. Monitoring this metric is essential for evaluating the direct margin performance and cost control of the segment's service delivery.

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