Filing Flows

Filing Flows › Lindblad Expeditions Holdings (LIND) › How it makes money

How Lindblad Expeditions Holdings (LIND) makes money

Lindblad Expeditions Holdings (LIND) made $269M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Lindblad Segment brought in $153M (57%); Land-experience brought in $116M (43%). Of every dollar of revenue, 16¢ was left as operating profit, 9¢ was left as net earnings.

Drawing the Sankey…

Lindblad Expeditions Holdings revenue by segment, Q3 2026Lindblad Expeditions Holdings revenue by segment, Q3 2026Lindblad Segment$153MLand-experience$116M
Lindblad Expeditions Holdings: revenue by line, Q1 2025 to Q3 2026Lindblad Expeditions Holdings: revenue by line, Q1 2025 to Q3 2026Lindblad SegmentLand-experienceLindblad Segment: $153M latest$153MLand-experience: $116M latest$116MQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Lindblad Segment went from 73% of revenue in Q1 2025 to 57% in Q3 2026, the largest shift in the mix.
Lindblad Expeditions Holdings revenue by quarterLindblad Expeditions Holdings revenue by quarter$180MQ1 2025$168MQ2 2025$240MQ3 2025$183MQ4 2025$208MQ1 2026$199MQ2 2026$269MQ3 2026
Lindblad Expeditions Holdings: where each dollar of revenue goesLindblad Expeditions Holdings: where each dollar of revenue goesOperating profit16¢Income tax2¢Net earnings9¢Operating cash flow1¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Lindblad Segment$153M57.0%+19%+11%
Land-experience$116M43.0%+65%+13%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$269M100.0%
Operating profit$42.8M15.9%
Income tax$4.5M1.7%
Net earnings$24.2M9.0%
Operating cash flow$2.8M1.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$269M+12%
Q2 2026$199M+19%
Q1 2026$208M+16%
Q4 2025$183M+23%
Q3 2025$240M+17%
Q2 2025$168M+23%
Q1 2025$180M+17%

From Lindblad Expeditions Holdings' 10-Q filed Nov 3, 2026 (on EDGAR).

Questions

How does Lindblad Expeditions Holdings make money?

Lindblad Expeditions Holdings (LIND) made $269M of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Lindblad Segment brought in $153M (57%); Land-experience brought in $116M (43%). Of every dollar of revenue, 16¢ was left as operating profit, 9¢ was left as net earnings.

What is Lindblad Expeditions Holdings' biggest business?

Lindblad Segment: $153M in the third quarter 2026, 57% of revenue, +11% from a year earlier.

What is Lindblad Expeditions Holdings' profit margin?

Net earnings were $24.2M, 9.0% of revenue, in the third quarter 2026; the operating margin was 15.9%.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.