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LINDBLAD EXPEDITIONS HOLDINGS, INC.（LIND）与VERRA MOBILITY Corp（VRRM）财务数据对比。点击上方公司名可切换其他公司
VERRA MOBILITY Corp的季度营收约是LINDBLAD EXPEDITIONS HOLDINGS, INC.的1.4倍（$257.9M vs $183.2M）。VERRA MOBILITY Corp净利率更高（7.3% vs -12.9%，领先20.2%）。LINDBLAD EXPEDITIONS HOLDINGS, INC.同比增速更快（23.3% vs 16.4%）。VERRA MOBILITY Corp自由现金流更多（$5.7M vs $3.5M）。过去两年VERRA MOBILITY Corp的营收复合增速更高（10.9% vs 9.2%）
林德布拉德探险控股是一家专业探险旅行企业，总部位于美国纽约。目前公司运营15艘探险邮轮，载客量从28人到150人不等，可为旅行者提供覆盖全球七大洲目的地的探险邮轮旅程。
Verra Mobility Corp是全球领先的智慧出行技术解决方案提供商，业务涵盖收费管理、停车与交通合规执法、车联网服务及车队管理工具，服务对象包括政府交通部门、租车运营商、商业车队所有者及汽车行业合作伙伴，覆盖北美、欧洲及亚太市场。
LIND vs VRRM — 直观对比
营收规模更大
VRRM
是对方的1.4倍
$183.2M
营收增速更快
LIND
高出6.8%
16.4%
净利率更高
VRRM
高出20.2%
-12.9%
自由现金流更多
VRRM
多$2.3M
$3.5M
两年增速更快
VRRM
近两年复合增速
9.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $183.2M | $257.9M |
| 净利润 | $-23.6M | $18.9M |
| 毛利率 | 40.3% | — |
| 营业利润率 | -3.0% | 16.7% |
| 净利率 | -12.9% | 7.3% |
| 营收同比 | 23.3% | 16.4% |
| 净利润同比 | 6.0% | 128.3% |
| 每股收益（稀释后） | $-0.45 | $0.12 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LINDVRRM
| Q4 25 | $183.2M | $257.9M | ||
| Q3 25 | $240.2M | $261.9M | ||
| Q2 25 | $167.9M | $236.0M | ||
| Q1 25 | $179.7M | $223.3M | ||
| Q4 24 | $148.6M | $221.5M | ||
| Q3 24 | $206.0M | $225.6M | ||
| Q2 24 | $136.5M | $222.4M | ||
| Q1 24 | $153.6M | $209.7M |
净利润LINDVRRM
| Q4 25 | $-23.6M | $18.9M | ||
| Q3 25 | $1.2M | $46.8M | ||
| Q2 25 | $-8.5M | $38.6M | ||
| Q1 25 | $1.2M | $32.3M | ||
| Q4 24 | $-25.0M | $-66.7M | ||
| Q3 24 | $22.5M | $34.7M | ||
| Q2 24 | $-24.7M | $34.2M | ||
| Q1 24 | $-4.0M | $29.1M |
毛利率LINDVRRM
| 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% | — |
营业利润率LINDVRRM
| Q4 25 | -3.0% | 16.7% | ||
| Q3 25 | 15.0% | 28.6% | ||
| Q2 25 | 2.6% | 26.8% | ||
| Q1 25 | 5.9% | 25.7% | ||
| Q4 24 | -5.1% | -19.6% | ||
| Q3 24 | 14.3% | 28.3% | ||
| Q2 24 | -6.0% | 27.5% | ||
| Q1 24 | 5.1% | 25.9% |
净利率LINDVRRM
| Q4 25 | -12.9% | 7.3% | ||
| Q3 25 | 0.5% | 17.9% | ||
| Q2 25 | -5.1% | 16.3% | ||
| Q1 25 | 0.6% | 14.5% | ||
| Q4 24 | -16.9% | -30.1% | ||
| Q3 24 | 10.9% | 15.4% | ||
| Q2 24 | -18.1% | 15.4% | ||
| Q1 24 | -2.6% | 13.9% |
每股收益（稀释后）LINDVRRM
| Q4 25 | $-0.45 | $0.12 | ||
| Q3 25 | $0.00 | $0.29 | ||
| Q2 25 | $-0.18 | $0.24 | ||
| Q1 25 | $0.00 | $0.20 | ||
| Q4 24 | $-0.45 | $-0.39 | ||
| Q3 24 | $0.36 | $0.21 | ||
| Q2 24 | $-0.48 | $0.20 | ||
| Q1 24 | $-0.10 | $0.17 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $256.7M | $65.3M |
| 总债务越低越好 | $662.7M | $1.0B |
| 股东权益账面价值 | $-284.5M | $293.0M |
| 总资产 | $980.0M | $1.6B |
| 负债/权益比越低杠杆越低 | — | 3.51× |
8季度趋势，按日历期对齐
现金及短期投资LINDVRRM
| Q4 25 | $256.7M | $65.3M | ||
| Q3 25 | $261.8M | $196.1M | ||
| Q2 25 | $200.9M | $147.7M | ||
| Q1 25 | $188.9M | $108.5M | ||
| Q4 24 | $183.9M | $77.6M | ||
| Q3 24 | $193.9M | $206.1M | ||
| Q2 24 | $168.1M | $122.0M | ||
| Q1 24 | $177.7M | $149.5M |
总债务LINDVRRM
| Q4 25 | $662.7M | $1.0B | ||
| Q3 25 | $663.5M | $1.0B | ||
| Q2 25 | $627.3M | $1.0B | ||
| Q1 25 | $626.4M | $1.0B | ||
| Q4 24 | $625.5M | $1.0B | ||
| Q3 24 | $624.5M | $1.0B | ||
| Q2 24 | $623.6M | $1.0B | ||
| Q1 24 | $622.7M | $1.0B |
股东权益LINDVRRM
| Q4 25 | $-284.5M | $293.0M | ||
| Q3 25 | $-256.6M | $403.1M | ||
| Q2 25 | $-263.8M | $352.1M | ||
| Q1 25 | $-252.2M | $299.6M | ||
| Q4 24 | $-253.1M | $265.1M | ||
| Q3 24 | $-226.9M | $486.5M | ||
| Q2 24 | $-255.5M | $438.6M | ||
| Q1 24 | $-227.4M | $449.0M |
总资产LINDVRRM
| Q4 25 | $980.0M | $1.6B | ||
| Q3 25 | $976.5M | $1.8B | ||
| Q2 25 | $936.5M | $1.7B | ||
| Q1 25 | $908.8M | $1.6B | ||
| Q4 24 | $876.9M | $1.6B | ||
| Q3 24 | $889.8M | $1.9B | ||
| Q2 24 | $858.3M | $1.8B | ||
| Q1 24 | $868.0M | $1.8B |
负债/权益比LINDVRRM
| Q4 25 | — | 3.51× | ||
| Q3 25 | — | 2.55× | ||
| Q2 25 | — | 2.93× | ||
| Q1 25 | — | 3.45× | ||
| Q4 24 | — | 3.90× | ||
| Q3 24 | — | 2.13× | ||
| Q2 24 | — | 2.36× | ||
| Q1 24 | — | 2.31× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $14.4M | $40.0M |
| 自由现金流经营现金流 - 资本支出 | $3.5M | $5.7M |
| 自由现金流率自由现金流/营收 | 1.9% | 2.2% |
| 资本支出强度资本支出/营收 | 6.0% | 13.3% |
| 现金转化率经营现金流/净利润 | — | 2.12× |
| 过去12个月自由现金流最近4个季度 | $63.8M | $136.7M |
8季度趋势，按日历期对齐
经营现金流LINDVRRM
| Q4 25 | $14.4M | $40.0M | ||
| Q3 25 | $19.5M | $77.7M | ||
| Q2 25 | $29.2M | $75.1M | ||
| Q1 25 | $48.4M | $63.0M | ||
| Q4 24 | $1.7M | $40.5M | ||
| Q3 24 | $28.1M | $108.8M | ||
| Q2 24 | $18.6M | $40.0M | ||
| Q1 24 | $43.9M | $34.3M |
自由现金流LINDVRRM
| Q4 25 | $3.5M | $5.7M | ||
| Q3 25 | $11.9M | $49.0M | ||
| Q2 25 | $13.5M | $40.3M | ||
| Q1 25 | $35.0M | $41.7M | ||
| Q4 24 | $-8.2M | $21.6M | ||
| Q3 24 | $18.4M | $85.1M | ||
| Q2 24 | $11.2M | $26.0M | ||
| Q1 24 | $37.4M | $20.1M |
自由现金流率LINDVRRM
| Q4 25 | 1.9% | 2.2% | ||
| Q3 25 | 5.0% | 18.7% | ||
| Q2 25 | 8.0% | 17.1% | ||
| Q1 25 | 19.5% | 18.7% | ||
| Q4 24 | -5.5% | 9.8% | ||
| Q3 24 | 8.9% | 37.7% | ||
| Q2 24 | 8.2% | 11.7% | ||
| Q1 24 | 24.4% | 9.6% |
资本支出强度LINDVRRM
| Q4 25 | 6.0% | 13.3% | ||
| Q3 25 | 3.2% | 11.0% | ||
| Q2 25 | 9.4% | 14.8% | ||
| Q1 25 | 7.5% | 9.5% | ||
| Q4 24 | 6.6% | 8.5% | ||
| Q3 24 | 4.7% | 10.5% | ||
| Q2 24 | 5.4% | 6.3% | ||
| Q1 24 | 4.2% | 6.8% |
现金转化率LINDVRRM
| Q4 25 | — | 2.12× | ||
| Q3 25 | 16.41× | 1.66× | ||
| Q2 25 | — | 1.95× | ||
| Q1 25 | 41.69× | 1.95× | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.25× | 3.13× | ||
| Q2 24 | — | 1.17× | ||
| Q1 24 | — | 1.18× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LIND
| Guest Ticket | $96.5M | 53% |
| Landexperience | $67.3M | 37% |
| Other Tour | $19.4M | 11% |
VRRM
| Services | $239.5M | 93% |
| CA | $8.4M | 3% |
| GB | $5.7M | 2% |
| Other Customer | $1.6M | 1% |
| Parking Solutions | $1.1M | 0% |
