Company / Shareholders' Equity
LINDBLAD EXPEDITIONS HOLDINGS, INC. Shareholders' Equity History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
-$284.5M
FY2025
5-year range
-$284.5M / -$78.6M
FY2021-FY2025
Trend
-12.4%
vs FY2024
Sector context
#353 of 363
Industrials
What the data says
LINDBLAD EXPEDITIONS HOLDINGS, INC. reports negative total equity of -$285M in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-$285M in FY2025.
Declined from -$225M to -$285M over the past 2 years.
Industrials sector context is included.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in IndustrialsTop 97% of 363This company -$284.5M Sector average $3.2B
▼
-108.8% below sector average
Key checks
Key Insights
- LINDBLAD EXPEDITIONS HOLDINGS, INC.'s shareholders' equity has declined for 6 consecutive years.
- In FY2025, shareholders' equity decreased 12.4% year-over-year.
- Ranks #353 out of 363 companies in the Industrials sector.
- Peak shareholders' equity was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score -0.02 (distress zone, below 1.8 threshold)
- Negative profit margin: -11.7%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$284.5M | -12.4% |
| FY2024 | -$253.1M | -12.5% |
| FY2023 | -$225.1M | -23.2% |
| FY2022 | -$182.7M | -132.5% |
| FY2021 | -$78.6M | -324.8% |
| FY2020 | $35.0M | -71.6% |
| FY2019 | $123.3M | +6.2% |
| FY2018 | $116.0M | +9.1% |
| FY2017 | $106.3M | -6.6% |
| FY2016 | $113.8M | -0.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026