vs

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

LEGALZOOM.COM, INC. is the larger business by last-quarter revenue ($190.3M vs $183.2M, roughly 1.0× LINDBLAD EXPEDITIONS HOLDINGS, INC.). LEGALZOOM.COM, INC. runs the higher net margin — 3.2% vs -12.9%, a 16.0% gap on every dollar of revenue. On growth, LINDBLAD EXPEDITIONS HOLDINGS, INC. posted the faster year-over-year revenue change (23.3% vs 17.7%). LEGALZOOM.COM, INC. produced more free cash flow last quarter ($28.0M vs $3.5M). Over the past eight quarters, LINDBLAD EXPEDITIONS HOLDINGS, INC.'s revenue compounded faster (9.2% CAGR vs 4.5%).

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.

LegalZoom.com, Inc. is an American online legal technology and services company launched in 2001. It provides online legal services using an independent network of attorneys and the LegalZoom-owned law firm, LegalZoom Legal Services, as well as self-service technology and care specialists. Services include wills and living trusts, business compliance such as licenses and permits, copyright registrations, and trademark applications. The company also offers attorney referrals and registered age...

LIND vs LZ — Head-to-Head

Bigger by revenue
LZ
LZ
1.0× larger
LZ
$190.3M
$183.2M
LIND
Growing faster (revenue YoY)
LIND
LIND
+5.6% gap
LIND
23.3%
17.7%
LZ
Higher net margin
LZ
LZ
16.0% more per $
LZ
3.2%
-12.9%
LIND
More free cash flow
LZ
LZ
$24.5M more FCF
LZ
$28.0M
$3.5M
LIND
Faster 2-yr revenue CAGR
LIND
LIND
Annualised
LIND
9.2%
4.5%
LZ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LIND
LIND
LZ
LZ
Revenue
$183.2M
$190.3M
Net Profit
$-23.6M
$6.1M
Gross Margin
40.3%
67.6%
Operating Margin
-3.0%
6.6%
Net Margin
-12.9%
3.2%
Revenue YoY
23.3%
17.7%
Net Profit YoY
6.0%
-52.9%
EPS (diluted)
$-0.45
$0.03

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
LIND
LIND
LZ
LZ
Q4 25
$183.2M
$190.3M
Q3 25
$240.2M
$190.2M
Q2 25
$167.9M
$192.5M
Q1 25
$179.7M
$183.1M
Q4 24
$148.6M
$161.7M
Q3 24
$206.0M
$168.6M
Q2 24
$136.5M
$177.4M
Q1 24
$153.6M
$174.2M
Net Profit
LIND
LIND
LZ
LZ
Q4 25
$-23.6M
$6.1M
Q3 25
$1.2M
$4.5M
Q2 25
$-8.5M
$-266.0K
Q1 25
$1.2M
$5.1M
Q4 24
$-25.0M
$12.9M
Q3 24
$22.5M
$11.1M
Q2 24
$-24.7M
$1.3M
Q1 24
$-4.0M
$4.7M
Gross Margin
LIND
LIND
LZ
LZ
Q4 25
40.3%
67.6%
Q3 25
48.2%
67.3%
Q2 25
45.6%
65.0%
Q1 25
48.3%
63.7%
Q4 24
42.5%
67.0%
Q3 24
46.7%
67.5%
Q2 24
39.2%
64.1%
Q1 24
45.0%
60.7%
Operating Margin
LIND
LIND
LZ
LZ
Q4 25
-3.0%
6.6%
Q3 25
15.0%
3.4%
Q2 25
2.6%
-1.6%
Q1 25
5.9%
4.9%
Q4 24
-5.1%
8.1%
Q3 24
14.3%
9.6%
Q2 24
-6.0%
0.6%
Q1 24
5.1%
2.9%
Net Margin
LIND
LIND
LZ
LZ
Q4 25
-12.9%
3.2%
Q3 25
0.5%
2.4%
Q2 25
-5.1%
-0.1%
Q1 25
0.6%
2.8%
Q4 24
-16.9%
7.9%
Q3 24
10.9%
6.6%
Q2 24
-18.1%
0.7%
Q1 24
-2.6%
2.7%
EPS (diluted)
LIND
LIND
LZ
LZ
Q4 25
$-0.45
$0.03
Q3 25
$0.00
$0.02
Q2 25
$-0.18
$0.00
Q1 25
$0.00
$0.03
Q4 24
$-0.45
$0.07
Q3 24
$0.36
$0.06
Q2 24
$-0.48
$0.01
Q1 24
$-0.10
$0.02

Balance Sheet & Financial Strength

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

Metric
LIND
LIND
LZ
LZ
Cash + ST InvestmentsLiquidity on hand
$256.7M
$203.1M
Total DebtLower is stronger
$662.7M
Stockholders' EquityBook value
$-284.5M
$171.9M
Total Assets
$980.0M
$511.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LIND
LIND
LZ
LZ
Q4 25
$256.7M
$203.1M
Q3 25
$261.8M
$237.2M
Q2 25
$200.9M
$217.0M
Q1 25
$188.9M
$210.0M
Q4 24
$183.9M
$142.1M
Q3 24
$193.9M
$112.5M
Q2 24
$168.1M
$118.8M
Q1 24
$177.7M
$228.1M
Total Debt
LIND
LIND
LZ
LZ
Q4 25
$662.7M
Q3 25
$663.5M
Q2 25
$627.3M
Q1 25
$626.4M
Q4 24
$625.5M
Q3 24
$624.5M
Q2 24
$623.6M
Q1 24
$622.7M
Stockholders' Equity
LIND
LIND
LZ
LZ
Q4 25
$-284.5M
$171.9M
Q3 25
$-256.6M
$201.9M
Q2 25
$-263.8M
$194.1M
Q1 25
$-252.2M
$187.2M
Q4 24
$-253.1M
$93.3M
Q3 24
$-226.9M
$60.1M
Q2 24
$-255.5M
$60.8M
Q1 24
$-227.4M
$167.9M
Total Assets
LIND
LIND
LZ
LZ
Q4 25
$980.0M
$511.5M
Q3 25
$976.5M
$551.1M
Q2 25
$936.5M
$543.0M
Q1 25
$908.8M
$532.7M
Q4 24
$876.9M
$373.9M
Q3 24
$889.8M
$348.8M
Q2 24
$858.3M
$359.5M
Q1 24
$868.0M
$459.7M

Cash Flow & Capital Efficiency

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

Metric
LIND
LIND
LZ
LZ
Operating Cash FlowLast quarter
$14.4M
$34.1M
Free Cash FlowOCF − Capex
$3.5M
$28.0M
FCF MarginFCF / Revenue
1.9%
14.7%
Capex IntensityCapex / Revenue
6.0%
3.2%
Cash ConversionOCF / Net Profit
5.63×
TTM Free Cash FlowTrailing 4 quarters
$63.8M
$147.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LIND
LIND
LZ
LZ
Q4 25
$14.4M
$34.1M
Q3 25
$19.5M
$54.2M
Q2 25
$29.2M
$39.1M
Q1 25
$48.4M
$50.7M
Q4 24
$1.7M
$42.6M
Q3 24
$28.1M
$31.6M
Q2 24
$18.6M
$27.2M
Q1 24
$43.9M
$34.2M
Free Cash Flow
LIND
LIND
LZ
LZ
Q4 25
$3.5M
$28.0M
Q3 25
$11.9M
$47.0M
Q2 25
$13.5M
$31.6M
Q1 25
$35.0M
$41.3M
Q4 24
$-8.2M
$35.9M
Q3 24
$18.4M
$22.0M
Q2 24
$11.2M
$17.4M
Q1 24
$37.4M
$24.7M
FCF Margin
LIND
LIND
LZ
LZ
Q4 25
1.9%
14.7%
Q3 25
5.0%
24.7%
Q2 25
8.0%
16.4%
Q1 25
19.5%
22.6%
Q4 24
-5.5%
22.2%
Q3 24
8.9%
13.0%
Q2 24
8.2%
9.8%
Q1 24
24.4%
14.2%
Capex Intensity
LIND
LIND
LZ
LZ
Q4 25
6.0%
3.2%
Q3 25
3.2%
3.8%
Q2 25
9.4%
3.9%
Q1 25
7.5%
5.1%
Q4 24
6.6%
4.1%
Q3 24
4.7%
5.7%
Q2 24
5.4%
5.6%
Q1 24
4.2%
5.4%
Cash Conversion
LIND
LIND
LZ
LZ
Q4 25
5.63×
Q3 25
16.41×
12.03×
Q2 25
Q1 25
41.69×
9.89×
Q4 24
3.31×
Q3 24
1.25×
2.86×
Q2 24
20.74×
Q1 24
7.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LIND
LIND

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

LZ
LZ

Segment breakdown not available.

Related Comparisons