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AI brief of an SEC Form 8-K · LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)

Lindblad Expeditions Q2 revenue rises 19% to $199.2 million; net loss narrows to $1.4 million

Positive Impact 3 of 5 earnings Written later

Lindblad Expeditions reported second-quarter 2026 tour revenues of $199.2 million, up 19% from a year earlier, and a net loss available to stockholders of $1.4 million, or $0.02 per diluted share, compared with a $9.7 million loss, or $0.18 per share, in the second quarter of 2025. Adjusted EBITDA rose 31% to $32.5 million, and the company reiterated full-year 2026 guidance of $830 million to $860 million in tour revenues and $130 million to $140 million in Adjusted EBITDA.

Key points

  • Q2 2026 tour revenues $199.2 million, up 19%; Lindblad segment occupancy rose to 91% from 86%
  • Net loss available to stockholders narrowed to $1.4 million from $9.7 million; diluted loss per share $0.02 versus $0.18
  • Adjusted EBITDA $32.5 million, up 31%; cash and restricted cash $364.9 million at June 30, 2026
  • 2026 outlook: tour revenues $830 million to $860 million and Adjusted EBITDA $130 million to $140 million

The filing

CompanyLINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
Form8-K, current report
Filed with the SECAug 3, 2026, 7:46 AM ET
Accession number0001437749-26-025309

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 03, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.