Lindblad Expeditions Reports Record Q3 2026 Net Income and Raises Full-Year Guidance
Lindblad Expeditions Holdings, Inc. (LIND) delivered a record-breaking third quarter for 2026, reporting net income of $24.2 million ($0.36 per diluted share), the highest in the company's history. Total revenue rose 12.1% year-over-year to $269.2 million, fueled by double-digit growth across both its expedition and land experience segments. Despite a significant 50% rise in fuel prices, adjusted EBITDA grew by 12% to $64.1 million due to disciplined revenue management and higher occupancy rates. The company's strategic pivot toward becoming a multi-industry experiential travel platform was highlighted by the acquisition of a 60% controlling interest in White Desert and Echo Charlie. Following these strong results, management raised its full-year revenue guidance to a range of $870 million to $885 million and increased its adjusted EBITDA outlook to $142 million–$148 million.
Tickers: $LIND
Topics: EBITDA Guidance Upgrade Net Income Revenue Growth Travel and Tourism