Lindblad Expeditions Q3 revenue rises 12% to $269.2 million; net income $24.2 million
Lindblad Expeditions reported third quarter 2026 tour revenues up 12% to $269.2 million and net income available to stockholders of $24.2 million, or $0.36 per diluted share, compared with a net loss of $49 thousand a year earlier. Adjusted EBITDA rose 12% to $64.1 million, and the company set full-year 2026 guidance of $870 to $885 million in tour revenues and $142 to $148 million in Adjusted EBITDA.
Key points
- Third quarter tour revenues were $269.2 million, up $29.0 million, or 12%, from the same period in 2025.
- Net income available to stockholders was $24.2 million, or $0.36 per diluted share, versus a net loss of $49 thousand in Q3 2025.
- Full-year 2026 outlook: tour revenues of $870 to $885 million and Adjusted EBITDA of $142 to $148 million.
- As of October 31, 2026, $23.0 million of the $35.0 million stock repurchase plan had been used, with $12.0 million remaining.
The filing
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 November 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.