The earnings call was predominantly positive, with strong revenue growth, record net yields, and successful strategic partnerships. However, increased costs in sales and marketing and a slight adjustment in second-half guidance balanced the overall sentiment.

Company Guidance -

Q3 2025

During the Lindblad Expeditions Second Quarter 2025 Earnings Conference Call, the company reported robust financial performance and updated its guidance for the full year. Revenue increased by 23% compared to the previous year, with a 19% rise in the Lindblad Expedition segment and a 31% increase in the Land segment. The occupancy rate improved to 86%, an 11-point gain, despite a 5% capacity increase. Net yields reached $1,241, marking a historic high for the second quarter. Adjusted EBITDA surged by 139%, with margins expanding by 720 basis points to 14.8%. The company raised its full-year guidance, expecting net yields to increase by 9% to 11% year-over-year and adjusted EBITDA to range from $108 million to $115 million, up from the previous guidance of $100 million to $112 million. Lindblad is executing strategic initiatives to enhance occupancy, pricing, and deployment optimization while exploring growth opportunities, including a newly launched European river cruise program and an acquisition of safari camps in East Africa.

Revenue and Growth Surge

Revenue increased by 23% year-over-year, with a 19% increase in the Lindblad Expedition segment and a 31% increase in the Land segment. Occupancy rose to 86%, an 11-point gain despite a 5% capacity increase.

Record Net Yields and Adjusted EBITDA

Net yields grew 13% to $1,241, the highest for any second quarter in company history. Adjusted EBITDA increased 139%, with margins expanding 720 basis points to 14.8%.

Successful Strategic Partnerships

Partnership with Disney resulted in a 45% increase in bookings from Disney's earmarked travel advisers. Disney Vacation Club members can now redeem points for expedition cruises, introducing the brand to over 250,000 members globally.

Strong Booking Trends

Bookings remain strong and tracking ahead of last year for both 2025 and 2026, setting the company up well for continued success.

Growth in Land Segment

Land Experience segment revenues increased by 31% compared to Q2 2024, driven by increased trips and higher revenue per guest.

Lindblad Expeditions Holdings (LIND) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LIND Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.19 / -	0.36	―	―	―
Aug 04, 2025	2025 (Q2)	-0.27 / -0.18	-0.48	62.50% (+0.30)	―
May 06, 2025	2025 (Q1)	-0.07 / 0.00	-0.1	―	―
Feb 27, 2025	2024 (Q4)	-0.26 / -0.48	-0.53	9.43% (+0.05)	―
Nov 05, 2024	2024 (Q3)	0.19 / 0.36	0.08	350.00% (+0.28)	―
Aug 08, 2024	2024 (Q2)	-0.25 / -0.48	-0.48	0.00% (0.00)	―
Apr 30, 2024	2024 (Q1)	-0.04 / -0.10	-0.01	-900.00% (-0.09)	―
Feb 28, 2024	2023 (Q4)	-0.28 / -0.53	-0.63	15.87% (+0.10)	―
Nov 02, 2023	2023 (Q3)	0.04 / 0.08	-0.18	144.44% (+0.26)	―
Jul 27, 2023	2023 (Q2)	-0.33 / -0.48	-0.59	18.64% (+0.11)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LIND Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$11.73	$12.35	+5.29%
May 06, 2025	$9.12	$9.92	+8.77%
Feb 27, 2025	$11.14	$11.00	-1.26%
Nov 05, 2024	$9.35	$11.71	+25.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Lindblad Expeditions Holdings Inc (LIND) report earnings?

Lindblad Expeditions Holdings Inc (LIND) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Lindblad Expeditions Holdings Inc (LIND) earnings time?

Lindblad Expeditions Holdings Inc (LIND) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LIND EPS forecast?

LIND EPS forecast for the fiscal quarter 2025 (Q3) is 0.19.

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