LIND
Lindblad Expeditions Holdings, Inc.
LIND has the edge over RIVN overall, supported by stronger fundamentals.
RIVN
Rivian Automotive, Inc.
RIVN has slightly lower modeled downside risk, despite its lower overall score.
LIND Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Healthy | |
| Stable |
LIND's revenue and cash flow are currently healthy, and its profitability and balance sheet are stable.
RIVN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
RIVN's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
LIND PE Valuation
LIND has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 84x next year's earnings.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
LIND Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect LIND to return to profit, with revenue growing. However, they disagree widely on these estimates.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RIVN's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
LIND Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.41 | — |
| Q3 2026 | -$0.02 | +$0.61 |
| Q2 2026 | -$0.38 | -$0.11 |
| Q1 2026 | -$0.54 | +$0.03 |
| Q4 2025 | -$0.63 | +$0.04 |
| Q3 2025 | -$0.63 | +$0.12 |
| Q2 2025 | -$0.27 | +$0.76 |
| Q1 2025 | -$0.57 | +$0.46 |
| Q4 2024 | -$0.67 | +$0.27 |
LIND is still losing money, but far less than before: $0.02 per share over the past year, against $2.61 at its worst in early 2021.
RIVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.25 | +$0.83 |
| Q2 2026 | -$2.58 | +$0.62 |
| Q1 2026 | -$2.92 | +$0.77 |
| Q4 2025 | -$3.07 | +$1.62 |
| Q3 2025 | -$3.08 | +$2.52 |
| Q2 2025 | -$3.20 | +$2.76 |
| Q1 2025 | -$3.69 | +$2.08 |
| Q4 2024 | -$4.69 | +$1.05 |
RIVN has the edge over LIND on earnings, with more consistent year-over-year improvement.
LIND Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $269.2M | +12% |
| Q2 2026 | $199.2M | +19% |
| Q1 2026 | $208M | +16% |
| Q4 2025 | $183.2M | +23% |
| Q3 2025 | $240.2M | +17% |
| Q2 2025 | $167.9M | +23% |
| Q1 2025 | $179.7M | +17% |
| Q4 2024 | $148.6M | +19% |
LIND's revenue has grown year over year for 19 quarters in a row: $269M last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | +0.9 points |
| Q2 2026 | 6% | +3.4 points |
| Q1 2026 | 7.5% | +1.6 points |
| Q4 2025 | -3% | +2.1 points |
| Q3 2025 | 15% | +0.7 points |
| Q2 2025 | 2.6% | +8.6 points |
| Q1 2025 | 5.9% | +0.8 points |
| Q4 2024 | -5.1% | +5.9 points |
LIND has the edge over RIVN on profitability, with a higher operating margin.
RIVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +13% |
| Q1 2025 | $1.2B | +3% |
| Q4 2024 | $1.7B | +32% |
RIVN's revenue is growing: $2.2B last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | +22 points |
| Q2 2026 | -50% | +35 points |
| Q1 2026 | -64% | -11 points |
| Q4 2025 | -65% | -27 points |
| Q3 2025 | -63% | +71 points |
| Q2 2025 | -86% | +33 points |
| Q1 2025 | -53% | +70 points |
| Q4 2024 | -38% | +82 points |
RIVN's operating margin was −41% last quarter, up 22 points from the same quarter a year ago, near the top of its range since 2021.
LIND Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1M | -110% |
| Q2 2026 | $51.1M | +279% |
| Q1 2026 | $42.6M | +22% |
| Q4 2025 | $3.5M | +$11.7M |
| Q3 2025 | $11.9M | -35% |
| Q2 2025 | $13.5M | +20% |
| Q1 2025 | $35M | -6.6% |
| Q4 2024 | -$8.2M | +$8.9M |
LIND has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
RIVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1B | -$703M |
| Q2 2026 | -$849M | -$451M |
| Q1 2026 | -$1.1B | -$549M |
| Q4 2025 | -$1.1B | -234% |
| Q3 2025 | -$421M | +$732M |
| Q2 2025 | -$398M | +$639M |
| Q1 2025 | -$526M | +$997M |
| Q4 2024 | $856M | +$2.3B |
RIVN has burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
LIND Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.8% | +1.2M shares |
| 1 year | +20% | +11.1M shares |
| 3 years | +25% | +13.3M shares |
| 5 years | +33% | +16.6M shares |
| Available history | +35% | +17.3M shares |
LIND has 67M diluted shares, up 20% from a year ago.
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has the edge over LIND on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
LIND Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 3.8x | Elevated |
| Q3 2025 | 3.9x | Elevated |
| Q2 2025 | 4.5x | High |
| Q1 2025 | 5.4x | High |
| Q4 2024 | 6.0x | High |
LIND's net debt is about 2.9 years of its operating earnings (EBITDA), down from 3.9 years a year ago.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
LIND Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.2 | Neutral |
| Stochastic | 77.7 | Neutral |
LIND's weekly RSI is 60 (neutral) and its Stochastic is 78 (neutral).
RIVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 25.6 | Neutral |
RIVN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
LIND PE vs Consumer Cyclical Sector
| Metric | LIND | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
LIND has no meaningful PE right now: it lost money over the past year.
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
LIND Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.2 | 0.1% below |
| 20 week MA | $30.9 | 11% above |
| 50 week MA | $23.6 | 45% above |
| 100 week MA | $17.6 | 94% above |
| 200 week MA | $13.5 | 154% above |
LIND has the edge over RIVN on trend strength, trading above more of its moving averages.
RIVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 3.9% below |
| 20 week MA | $15.1 | 15% below |
| 50 week MA | $15.9 | 19% below |
| 100 week MA | $14.7 | 13% below |
| 200 week MA | $15.1 | 15% below |
RIVN is in a downtrend: it's below all five of its weekly moving averages, and 15% below its 200-week average.
LIND Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.6 | $15.6 | -5.7% |
| 2021 | $15.6 | $17.3 | +11% |
| 2022 | $17.3 | $6.96 | -60% |
| 2023 | $6.96 | $11.3 | +62% |
| 2024 | $11.3 | $12.0 | +6.6% |
| 2025 | $12.0 | $14.4 | +20% |
| 2026 YTD | $14.4 | $34.1 | +136% |
LIND has the edge over RIVN on returns for 2026, with the stronger performance.
RIVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $130.0 | $96.8 | -25% |
| 2022 | $96.8 | $19.1 | -80% |
| 2023 | $19.1 | $23.5 | +23% |
| 2024 | $23.5 | $13.7 | -42% |
| 2025 | $13.7 | $20.9 | +53% |
| 2026 YTD | $20.9 | $12.8 | -39% |
RIVN has finished lower in three of the last five years. It's down 39% so far in 2026.