Lindblad Expeditions Shares Surge 11% on Strong Q2 2026 Results and Raised Revenue Guidance

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Summary · why it matters

Shares of Lindblad Expeditions jumped 11.4% after the company reported second-quarter 2026 revenue of $199.2 million, beating analyst estimates of $185.9 million and marking a 19% year-over-year increase. The company also posted a net loss per share of $0.02, better than the expected $0.11 loss, and achieved record second-quarter net yield of $1,294 with 91% occupancy, its strongest second-quarter occupancy in a decade, while increasing capacity by 12%. Adjusted EBITDA rose 31% year-over-year to $32.5 million. Lindblad raised its full-year 2026 revenue guidance to a range of $830 million to $850 million, up from the prior $800 million to $830 million, and maintained its adjusted EBITDA outlook of $130 million to $140 million.

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