Lindblad Expeditions Reports Improved Second Quarter Financial Results for Q2 2026
Lindblad Expeditions Holdings Inc. reported second-quarter financial results for the period ending June 30, 2026, showing strong performance across key metrics. Total revenue rose by 19% to $199.2 million compared to Q2 2025, driven primarily by growth in both its Lindblad and Land Experiences segments. The company reported a net loss of $1.4 million for the quarter, significantly improved from a $9.7 million loss in the same period last year due to better operating results and absence of preferred stock dividends. Adjusted EBITDA increased by 31% to $32.5 million, with both segments contributing positively despite higher fuel costs and marketing expenses. Lindblad segment net yield per available guest night reached a record high of $1,294, up from the previous year's level, while occupancy improved to 91%. CEO Natalya Leahy highlighted these results as evidence of strategic strength and operational execution.
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