Pursuit Q1 revenue up 37% to $51.6 million; net loss narrows, guidance reaffirmed
Pursuit Attractions and Hospitality reported first quarter 2026 revenue of $51.6 million, up 37.4% from a year earlier, and a net loss attributable to Pursuit of $24.9 million, narrower than the $31.1 million loss in the first quarter of 2025. The company reaffirmed its full year 2026 revenue and Adjusted EBITDA guidance and raised its share repurchase authorization by $50 million, so shareholders get higher sales and a smaller loss, though the company was still loss-making in the quarter.
Key points
- Q1 2026 revenue was $51.6 million versus $37.6 million in Q1 2025; net loss attributable to Pursuit was $24.9 million ($0.90 per share) versus $31.1 million
- Adjusted EBITDA was negative $14.9 million versus negative $17.5 million a year earlier
- Full year 2026 guidance reaffirmed: revenue of $465 million at the mid-point and Adjusted EBITDA of $123 million to $133 million
- Share repurchases totaled $40.4 million as of May 6, 2026; the Board approved a $50 million increase on May 1, 2026, leaving $59.6 million available
The filing
Written by AI on Nov 8, 2026, 6:58 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 May 06, 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.