Lindblad Expeditions FY26 Q2 net loss narrows to USD 1.4 million; revenue rises 19% to USD 199.2 million
LIND•Full-year outlook
Full-year outlook calls for tour revenues of USD 830 million to USD 860 million, with adjusted EBITDA (non-GAAP) of USD 130 million to USD 140 million.
Second-quarter results
Lindblad Expeditions posted Q2 2026 tour revenues of USD 199.2 million, up 19% from a year earlier.
Net loss available to stockholders narrowed to USD 1.4 million, or USD 0.02 per diluted share.
Adjusted EBITDA (non-GAAP) climbed 31% to USD 32.5 million, with Lindblad segment net yield per available guest night up 4% to USD 1,294.
Occupancy rose 5 percentage points to 91%, the strongest second-quarter level in a decade.




