For Q1 FY2026 ended March 31, 2026, Lindblad Expeditions reported revenue of $208.0 million, up 15.7% year-over-year. Net income was $6.5 million, a significant increase of 459.9% from the prior year. Operating income rose 47.1% to $15.6 million. Diluted EPS was $0.09. The company held $275.0 million in cash, with long-term debt of $663.2 million and negative equity of $190.1 million.
•Revenue increased 15.7% YoY to $208.0 million.
•Net income surged 459.9% YoY to $6.5 million.
•Operating income grew 47.1% YoY to $15.6 million.
•Cash and equivalents stood at $275.0 million, with long-term debt of $663.2 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Lindblad Expeditions provides marine expedition adventures and travel experience globally. Its business is organized into Lindblad and Land Experiences segments. The Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture
Offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.
The Land Experiences segment comprises natural habitats, which provides various expedition itineraries in more than 45 countries across seven continents, with eco-conscious expeditions and nature-focused, and small-group tours including polar bear tours and bear adventure DuVine provides intimate group cycling and adventure tours around the world with local cycling experts as guides in local cultural, cuisine, and accommodations.
This segment also offers off the beaten path, including small group travel, led by local, and experienced guides with focus on wildlife, hiking national parks, and culture classic journey, a curated active small-group and private custom journeys centered around cinematic walks led by expert local guides over 50 countries across the world.
Additionally, it collaborates with National Geographic on expedition planning and to enhance the guest experience by having National Geographic experts Including photographers, writers, marine biologists, naturalists, field researchers and film crews; and partnered with World Wildlife Fund to offer conservation travel. Founded in 1979, Lindblad Expeditions is headquartered in New York, New York.
What does Lindblad Expeditions Holdings, Inc. (LIND) do?
Lindblad Expeditions Holdings, Inc. provides marine expedition adventures and travel experiences globally. Its business is organized into two segments: Lindblad and Land Experiences. The Lindblad segment offers ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, providing up-close experiences in wild and remote places and cultural capitals. Destinations include Antarctica, the Arctic, Galápagos Islands, Alaska, Baja California's Sea of Cortez, and Panama. The Land Experiences segment comprises natural habitats with expedition itineraries in over 45 countries across seven continents, including eco-conscious expeditions and small-group tours like polar bear tours. It also includes DuVine, which offers intimate group cycling and adventure tours with local experts, and classic journeys with cinematic walks led by expert local guides in over 50 countries.
Where is Lindblad Expeditions (LIND) listed and what currency does it trade in?
Lindblad Expeditions Holdings, Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol LIND. The company trades in US Dollars (USD), as it is based in the United States. Being listed on a major US exchange provides liquidity and visibility to investors, and the use of USD simplifies transactions for domestic and international investors dealing in the world's primary reserve currency.
What sector and industry does Lindblad Expeditions (LIND) operate in?
Lindblad Expeditions Holdings, Inc. operates in the Consumer Cyclical sector, specifically within the Travel Services industry. This classification reflects the company's focus on providing travel and adventure experiences, which are discretionary spending categories that tend to fluctuate with economic cycles. As a travel services provider, Lindblad caters to consumers seeking unique expedition cruises and land-based tours, positioning it within the broader tourism and hospitality market.
What are the main geographic markets served by Lindblad Expeditions (LIND)?
Lindblad Expeditions serves a global customer base, offering itineraries in more than 45 countries across seven continents. Key regions include Antarctica and the Arctic for polar expeditions, the Galápagos Islands, Alaska, Baja California's Sea of Cortez, and Panama for ship-based adventures. The Land Experiences segment also covers over 50 countries worldwide, with a focus on natural habitats, wildlife, hiking national parks, and cultural experiences. The company's partnerships, such as with National Geographic, enhance its offerings in these diverse locations.
How does Lindblad Expeditions (LIND) make money through its business model?
Lindblad Expeditions generates revenue through two primary segments: Lindblad and Land Experiences. The Lindblad segment earns income from ship-based expedition cruises aboard its customized vessels, offering premium experiences in remote destinations. The Land Experiences segment includes natural habitat tours, small-group adventures (e.g., polar bear tours), and DuVine cycling tours, as well as classic journeys with guided walks. The company also collaborates with National Geographic on expedition planning and guest experiences, which likely enhances its brand appeal and pricing power. By providing unique, eco-conscious travel experiences, Lindblad targets discerning travelers willing to pay for immersive adventures.