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NASDAQ · Travel Services · USD

Lindblad Expeditions Holdings, Inc. (LIND) Stock Analysis

Lindblad Expeditions Holdings, Inc. (LIND) is a Travel Services stock listed on NASDAQ and quoted in US Dollar.

LIND

$25.87

−$0.15 (−0.58%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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LIND Key Statistics

As of Sep 4, 2026
Trading
Open
$26.07
Previous Close
$26.02
Day's Range
25.60–26.53
52-Week Range
11.37–35.00
Volume
568.50K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
2.22
Valuation
Market Cap
$1.70B
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
59.20
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.04
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.38
Financials (FY)
Revenue (FY)
$771.02M+19.59%
Net Income (FY)
−$29.72M
Profit marginThe share of revenue left as profit after all costs and taxes.
−2.08%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
65.62M
1-Year Return
+78.66%
Dividend and dates
Earnings Date
November 3, 2026
Avg Volume
897.89K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

LIND Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+79.40%
2025+21.59%
2024+5.24%
2023+46.36%
2022−50.64%
2021−8.88%
2020+4.71%
2019+21.47%
2018+37.49%
2017+3.60%
2016 (partial year)+2.16%

As of September 4, 2026.

LIND Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$771.02M−$29.72M−3.9%
2024$644.73M−$31.18M−4.8%
2023$569.54M−$45.61M−8.0%
2022$421.50M−$111.38M−26.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$771.02M$353.00M$45.49M−$29.72M−3.9%
2024$644.73M$282.15M$21.55M−$31.18M−4.8%
2023$569.54M$231.33M$10.60M−$45.61M−8.0%
2022$421.50M$138.28M−$63.05M−$111.38M−26.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

LIND Valuation vs Travel Services Median

Median of 20 stocks
MetricLINDTravel Services medianvs median
P/S ratio2.041.908% above
Profit margin−2.08%6.77%8.8 pts below

Medians across 20 Travel Services stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Lindblad Expeditions Holdings, Inc. (LIND) at $1.70B. It is classified in the Travel Services industry, within the Consumer Cyclical sector. The company reports 1,440 employees.

LIND last closed at $25.87 on September 4, 2026. That is −$0.15 (−0.58%) against the previous close. Over the past 52 weeks the price has ranged from $11.37 to $35.00. The latest close sits 127.53% above that 52-week low.

Financial Health

In fiscal 2025, Lindblad Expeditions Holdings, Inc. reported revenue of $771.02M. Against the prior fiscal year total of $644.73M, that is a change of +19.59%. The same year closed with a net loss of $29.72M. Profit margin runs at −2.08%. That is 8.8 percentage points below the Travel Services median of 6.77%. Earnings per share on a trailing basis come to −0.38.

Across the 4 fiscal years on file, revenue moves from $421.50M in 2022 to $771.02M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. On forward earnings the ratio is 59.2. Measured against sales, the shares trade at 2.04 times revenue. On price-to-sales that is 7.82% above the Travel Services median of 1.9. The medians here are taken across 20 Travel Services companies that report the metric.

The reported beta is 2.22. Annualized volatility over the trailing 10 years is 62.55%. The trailing one-year price return is +78.66%. Measured over 10 years, that is +10.56% a year compounded.

Growth & Income

No dividend is on file for LIND.

2026 is still running; the price is +79.40% year to date. Across the complete calendar years on file, 2023 returned +46.36% and 2022 returned −50.64%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Lindblad Expeditions Holdings, Inc. (LIND) operates in the Travel Services industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Lindblad Expeditions Holdings, Inc. LIND $1.70B
Booking Holdings Inc. BKNG $145.23B 21.7
Airbnb, Inc. ABNB $108.94B 41.6
Royal Caribbean Cruises Ltd. RCL $70.93B 16.4

The Travel Services industry average P/E ratio is 18.7x. Lindblad Expeditions Holdings, Inc. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Lindblad Expeditions Holdings, Inc.

Lindblad Expeditions Holdings, Inc. provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segments. The Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities. The Land Experiences segment comprises natural habitats, which provides various expedition itineraries in more than 45 countries across seven continents, with eco-conscious expeditions and nature-focused, and small-group tours including polar bear tours and bear adventure; and DuVine provides intimate group cycling and adventure tours around the world with local cycling experts as guides in local cultural, cuisine, and accommodations. This segment also offers off the beaten path, including small group travel, led by local, and experienced guides with focus on wildlife, hiking national parks, and culture; and classic journey, a curated active small-group and private custom journeys centered around cinematic walks led by expert local guides over 50 countries across the world. In addition, it collaborates with National Geographic on expedition planning and to enhance the guest experience by having National Geographic experts, including photographers, writers, marine biologists, naturalists, field researchers and film crews; and partnered with World Wildlife Fund to offer conservation travel. Lindblad Expeditions Holdings, Inc. was founded in 1979 and is headquartered in New York, New York.

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