Lindblad Expeditions Holdings, Inc. (LIND)

NASDAQ: LIND · Real-Time Price · USD

29.51

+1.41 (5.04%)

Jul 28, 2026, 2:56 PM EDT - Market open

LIND Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-19.19	-24.23	-28.2	-40.88	-108.16	-119.17
Depreciation & Amortization	65.2	62.82	52.56	46.71	44.04	39.53
Stock-Based Compensation	11.48	13.46	9.83	13.89	6.99	5.56
Other Adjustments	3	9.84	7.71	10.01	19	3.66
Changes in Accounts Payable	7.44	25.48	1.75	-5.21	20.53	25.29
Changes in Unearned Revenue	41	39.52	52.97	7.1	32.5	83.95
Changes in Other Operating Activities	-2.93	-15.3	-4.27	-6.18	-17.11	-6.31
Operating Cash Flow	112.66	111.58	92.36	25.44	-2.2	32.5
Operating Cash Flow Growth	16.34%	20.82%	263.02%	-	-	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Capital Expenditures	-41.22	-47.75	-33.52	-29.96	-38.21	-96.69
Proceeds from Sale of Investments	-	-	-	15.16	-15	-
Cash Acquisitions	-3.94	-19.52	-10.56	-	-	-18.04
Other Investing Activities	-	-	-	-	3.61	-
Investing Cash Flow	-45.16	-67.27	-44.08	-14.8	-49.6	-114.72

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Long-Term Debt Issued	-	675	-	275	360	61.72
Long-Term Debt Repaid	-635.03	-635.04	-0.05	-205.7	-352.94	-5.96
Net Long-Term Debt Issued (Repaid)	-635.03	39.96	-0.05	69.3	7.06	55.76
Issuance of Common Stock	-	4.26	-	-	-	-
Repurchase of Common Stock	-1.07	-1.47	-2.97	-1.13	-1.06	-2.22
Net Common Stock Issued (Repurchased)	-1.07	2.79	-2.97	-1.13	-1.06	-2.22
Other Financing Activities	-16.66	-13.19	-16.74	-7.49	-10.87	-3.14
Financing Cash Flow	18.65	29.56	-19.77	60.68	-4.87	50.41

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Foreign Exchange Rate Adjustments	-0.01	-	-0.29	0.29	-	-
Net Cash Flow	85.86	73.59	28.8	71.32	-56.67	-31.82

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	71.44	63.84	58.84	-4.52	-40.41	-64.19
Free Cash Flow Growth	26.73%	8.50%	-	-	-	-
FCF Margin	8.94%	8.28%	9.13%	-0.79%	-9.59%	-43.64%
Free Cash Flow Per Share	1.26	1.16	1.09	-0.08	-0.78	-1.28
Levered Free Cash Flow	-594.13	70.08	33.62	31.77	-67.23	-23.15
Unlevered Free Cash Flow	128.38	115.43	93.71	23.94	-25.04	-63.23

SEC Filings: 10-K · 10-Q