The financials
Lindblad Expeditions Holdings, Inc. by the numbers
Lindblad Expeditions Holdings, Inc. (LIND) reported revenue of $199M in Q2 2026 (quarter ended June 30, 2026), up 19% from the same quarter a year earlier. That came with a gross margin of 49% and net loss of $1.4M. For the full year FY2025, revenue was $771M (+20% year on year) and net income −$30M. Its largest segment in 2026-Q2 was Lindblad at $82M, 57% of the disclosed total, just ahead of Landexperience at 43%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $199M | $168M | +19% |
| Gross profit | $97M | $77M | +26% |
| Operating income | $12M | $4.4M | +171% |
| Net income | −$1.4M | −$8.5M | n/a |
| Diluted EPS | −$0.02 | −$0.18 | n/a |
| Operating | Revenue | Share |
|---|---|---|
| Lindblad | $82M | 57% |
| Landexperience | $61M | 43% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $142.7M (+10.0%)
Landexperience grew +26% year on yearLindblad +20% year on year
Segment Latestquarter on quarteryear on year
- Lindblad$81.9M$81.9MQoQ -2.9%year on year +20%-2.9%+20%
- Landexperience$60.8M$60.8MQoQ +34%year on year +26%+34%+26%