Lindblad Expeditions Holdings ( (LIND) ) has released its Q2 earnings. Here is a breakdown of the information Lindblad Expeditions Holdings presented to its investors.
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Lindblad Expeditions Holdings, Inc. is a prominent player in the global expedition travel industry, offering immersive and educational journeys across all seven continents through its diverse portfolio of ship- and land-based brands, including a collaboration with National Geographic.
In its latest earnings report for the second quarter of 2025, Lindblad Expeditions Holdings announced a significant 23% increase in total revenue, reaching $167.9 million. The company also reported an improvement in net loss available to stockholders, which decreased by $16.1 million to $9.7 million, alongside a 139% increase in Adjusted EBITDA to $24.8 million.
Key financial highlights include a 13% rise in net yield per available guest night in the Lindblad segment, reaching $1,241, and an increase in occupancy to 86% from 78% in the previous year. The Land Experiences segment also saw a 31% increase in tour revenues, attributed to additional trips and higher pricing, bolstered by the acquisition of Wineland-Thomson Adventures.
Looking ahead, Lindblad Expeditions remains focused on driving revenue growth and cost innovation, with expectations for full-year 2025 tour revenues between $725 million and $750 million, and Adjusted EBITDA ranging from $108 million to $115 million. The company continues to execute its strategic initiatives with confidence in its growth trajectory.