Lindblad Expeditions Holdings, Inc. Reports 2026 Third Quarter Financial Results
Key Highlights
- ➤Q3 revenue $269.2 million, up 12% year over year
- ➤Q3 net income $24.2 million, a company-record quarterly result
- ➤Q3 Adjusted EBITDA $64.1 million, up 12% year over year
- ➤2026 revenue outlook $870-$885 million; Adjusted EBITDA outlook $142-$148 million
- ➤Acquired majority interests in White Desert and Echo Charlie
Expert Statements
Natalya Leahy, Chief Executive Officer of Lindblad Expeditions Holdings
“It has been an exciting quarter for us! With the acquisition of White Desert and the launch of Echo Charlie, we are opening a new chapter of growth, innovation and long-term shareholder value creation. We also delivered outstanding financial results with record Adjusted EBITDA and occupancy above 90% for the third consecutive quarter. These achievements reflect the strength of our business model and disciplined execution. Our confidence in the future and appreciation for our people who make it possible have never been stronger.”
Lindblad Expeditions Holdings, Inc. Reports 2026 Third Quarter Financial Results PR Newswire
* Total revenue increased 12% to $269.2 million * Net income available to stockholders of $24.2 million, the highest quarterly result in Company history * Adjusted EBITDA increased 12% to $64.1 million * Lindblad segment net yield per available guest night increased 6% to $1,398 * Occupancy increased to 91% from 88% * Acquired a majority ownership interest in White Desert, the pioneering luxury Antarctic company, and Echo Charlie, a new aviation travel brand providing specialized access to unique destinations worldwide NEW YORK, Nov. 3, 2026 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the "Company" or "Lindblad"), a global provider of expedition cruises and adventure travel experiences, today reported financial results for the third quarter ended September 30, 2026.
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