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Side-by-side financial comparison of GXO Logistics, Inc. (GXO) and LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND). Click either name above to swap in a different company.

GXO Logistics, Inc. is the larger business by last-quarter revenue ($3.5B vs $183.2M, roughly 19.1× LINDBLAD EXPEDITIONS HOLDINGS, INC.). GXO Logistics, Inc. runs the higher net margin — 1.2% vs -12.9%, a 14.1% gap on every dollar of revenue. On growth, LINDBLAD EXPEDITIONS HOLDINGS, INC. posted the faster year-over-year revenue change (23.3% vs 7.9%). GXO Logistics, Inc. produced more free cash flow last quarter ($115.0M vs $3.5M). Over the past eight quarters, GXO Logistics, Inc.'s revenue compounded faster (19.5% CAGR vs 9.2%).

GXO Logistics, Inc. is an American global contract logistics company that manages outsourced supply chains and warehousing, and reverse logistics for blue-chip customers in over thirty countries. GXO's corporate headquarters are located in Greenwich, Connecticut, U.S. Its customers include Apple, Nike Inc., Boeing Co., Verizon, Whirlpool, Inditex SA, and Nestle SA.

Lindblad Expeditions is an expedition travel company headquartered in New York, NY. The company currently offers expedition cruises to destinations on all seven continents aboard 15 ships with capacities ranging from 28 to 150 guests.

GXO vs LIND — Head-to-Head

Bigger by revenue
GXO
GXO
19.1× larger
GXO
$3.5B
$183.2M
LIND
Growing faster (revenue YoY)
LIND
LIND
+15.4% gap
LIND
23.3%
7.9%
GXO
Higher net margin
GXO
GXO
14.1% more per $
GXO
1.2%
-12.9%
LIND
More free cash flow
GXO
GXO
$111.5M more FCF
GXO
$115.0M
$3.5M
LIND
Faster 2-yr revenue CAGR
GXO
GXO
Annualised
GXO
19.5%
9.2%
LIND

Income Statement — Q4 2025 vs Q4 2025

Metric
GXO
GXO
LIND
LIND
Revenue
$3.5B
$183.2M
Net Profit
$43.0M
$-23.6M
Gross Margin
40.3%
Operating Margin
2.7%
-3.0%
Net Margin
1.2%
-12.9%
Revenue YoY
7.9%
23.3%
Net Profit YoY
-57.0%
6.0%
EPS (diluted)
$0.35
$-0.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GXO
GXO
LIND
LIND
Q4 25
$3.5B
$183.2M
Q3 25
$3.4B
$240.2M
Q2 25
$3.3B
$167.9M
Q1 25
$3.0B
$179.7M
Q4 24
$3.3B
$148.6M
Q3 24
$3.2B
$206.0M
Q2 24
$2.8B
$136.5M
Q1 24
$2.5B
$153.6M
Net Profit
GXO
GXO
LIND
LIND
Q4 25
$43.0M
$-23.6M
Q3 25
$59.0M
$1.2M
Q2 25
$26.0M
$-8.5M
Q1 25
$-96.0M
$1.2M
Q4 24
$100.0M
$-25.0M
Q3 24
$33.0M
$22.5M
Q2 24
$38.0M
$-24.7M
Q1 24
$-37.0M
$-4.0M
Gross Margin
GXO
GXO
LIND
LIND
Q4 25
40.3%
Q3 25
48.2%
Q2 25
45.6%
Q1 25
48.3%
Q4 24
42.5%
Q3 24
46.7%
Q2 24
39.2%
Q1 24
45.0%
Operating Margin
GXO
GXO
LIND
LIND
Q4 25
2.7%
-3.0%
Q3 25
3.5%
15.0%
Q2 25
2.7%
2.6%
Q1 25
-1.9%
5.9%
Q4 24
3.1%
-5.1%
Q3 24
2.6%
14.3%
Q2 24
2.6%
-6.0%
Q1 24
-1.6%
5.1%
Net Margin
GXO
GXO
LIND
LIND
Q4 25
1.2%
-12.9%
Q3 25
1.7%
0.5%
Q2 25
0.8%
-5.1%
Q1 25
-3.2%
0.6%
Q4 24
3.1%
-16.9%
Q3 24
1.0%
10.9%
Q2 24
1.3%
-18.1%
Q1 24
-1.5%
-2.6%
EPS (diluted)
GXO
GXO
LIND
LIND
Q4 25
$0.35
$-0.45
Q3 25
$0.51
$0.00
Q2 25
$0.23
$-0.18
Q1 25
$-0.81
$0.00
Q4 24
$0.83
$-0.45
Q3 24
$0.28
$0.36
Q2 24
$0.32
$-0.48
Q1 24
$-0.31
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GXO
GXO
LIND
LIND
Cash + ST InvestmentsLiquidity on hand
$854.0M
$256.7M
Total DebtLower is stronger
$2.6B
$662.7M
Stockholders' EquityBook value
$3.0B
$-284.5M
Total Assets
$12.3B
$980.0M
Debt / EquityLower = less leverage
0.88×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GXO
GXO
LIND
LIND
Q4 25
$854.0M
$256.7M
Q3 25
$339.0M
$261.8M
Q2 25
$205.0M
$200.9M
Q1 25
$288.0M
$188.9M
Q4 24
$413.0M
$183.9M
Q3 24
$548.0M
$193.9M
Q2 24
$469.0M
$168.1M
Q1 24
$423.0M
$177.7M
Total Debt
GXO
GXO
LIND
LIND
Q4 25
$2.6B
$662.7M
Q3 25
$2.2B
$663.5M
Q2 25
$2.6B
$627.3M
Q1 25
$2.5B
$626.4M
Q4 24
$2.5B
$625.5M
Q3 24
$2.6B
$624.5M
Q2 24
$2.6B
$623.6M
Q1 24
$1.5B
$622.7M
Stockholders' Equity
GXO
GXO
LIND
LIND
Q4 25
$3.0B
$-284.5M
Q3 25
$3.0B
$-256.6M
Q2 25
$2.9B
$-263.8M
Q1 25
$2.9B
$-252.2M
Q4 24
$3.0B
$-253.1M
Q3 24
$3.1B
$-226.9M
Q2 24
$2.9B
$-255.5M
Q1 24
$2.9B
$-227.4M
Total Assets
GXO
GXO
LIND
LIND
Q4 25
$12.3B
$980.0M
Q3 25
$11.9B
$976.5M
Q2 25
$11.9B
$936.5M
Q1 25
$11.3B
$908.8M
Q4 24
$11.3B
$876.9M
Q3 24
$11.9B
$889.8M
Q2 24
$11.4B
$858.3M
Q1 24
$9.4B
$868.0M
Debt / Equity
GXO
GXO
LIND
LIND
Q4 25
0.88×
Q3 25
0.74×
Q2 25
0.88×
Q1 25
0.89×
Q4 24
0.84×
Q3 24
0.82×
Q2 24
0.88×
Q1 24
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GXO
GXO
LIND
LIND
Operating Cash FlowLast quarter
$170.0M
$14.4M
Free Cash FlowOCF − Capex
$115.0M
$3.5M
FCF MarginFCF / Revenue
3.3%
1.9%
Capex IntensityCapex / Revenue
1.6%
6.0%
Cash ConversionOCF / Net Profit
3.95×
TTM Free Cash FlowTrailing 4 quarters
$110.0M
$63.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GXO
GXO
LIND
LIND
Q4 25
$170.0M
$14.4M
Q3 25
$232.0M
$19.5M
Q2 25
$3.0M
$29.2M
Q1 25
$29.0M
$48.4M
Q4 24
$186.0M
$1.7M
Q3 24
$198.0M
$28.1M
Q2 24
$115.0M
$18.6M
Q1 24
$50.0M
$43.9M
Free Cash Flow
GXO
GXO
LIND
LIND
Q4 25
$115.0M
$3.5M
Q3 25
$88.0M
$11.9M
Q2 25
$-44.0M
$13.5M
Q1 25
$-49.0M
$35.0M
Q4 24
$82.0M
$-8.2M
Q3 24
$104.0M
$18.4M
Q2 24
$27.0M
$11.2M
Q1 24
$-23.0M
$37.4M
FCF Margin
GXO
GXO
LIND
LIND
Q4 25
3.3%
1.9%
Q3 25
2.6%
5.0%
Q2 25
-1.3%
8.0%
Q1 25
-1.6%
19.5%
Q4 24
2.5%
-5.5%
Q3 24
3.3%
8.9%
Q2 24
0.9%
8.2%
Q1 24
-0.9%
24.4%
Capex Intensity
GXO
GXO
LIND
LIND
Q4 25
1.6%
6.0%
Q3 25
4.2%
3.2%
Q2 25
1.4%
9.4%
Q1 25
2.6%
7.5%
Q4 24
3.2%
6.6%
Q3 24
3.0%
4.7%
Q2 24
3.1%
5.4%
Q1 24
3.0%
4.2%
Cash Conversion
GXO
GXO
LIND
LIND
Q4 25
3.95×
Q3 25
3.93×
16.41×
Q2 25
0.12×
Q1 25
41.69×
Q4 24
1.86×
Q3 24
6.00×
1.25×
Q2 24
3.03×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GXO
GXO

Segment breakdown not available.

LIND
LIND

Guest Ticket$96.5M53%
Landexperience$67.3M37%
Other Tour$19.4M11%

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