The earnings call presents a mostly positive outlook with strong revenue growth, enhanced strategic partnerships, and successful cost innovation initiatives. However, there are concerns about increased costs in sales and marketing and the impact of being an investment year on the second half's financial performance.

Company Guidance -

Q3 2025

During the Lindblad Expeditions Q2 2025 Earnings Call, the company reported a 23% increase in revenue, with core Lindblad Expeditions segment revenue up 19% and Land segment revenue up 31%. Occupancy rose to 86%, an 11-point increase despite a 5% increase in capacity, while net yields reached a historic high for the second quarter at $1,241, up 13%. Adjusted EBITDA saw a significant rise of 139%, with margins expanding by 720 basis points to 14.8%. The company also highlighted strategic initiatives, such as a 38% reduction in non-revenue days from 2025 to 2027 and a 45% increase in bookings through their Disney partnership. Given the strong performance, Lindblad raised its full-year guidance for net yields, revenue, and adjusted EBITDA, now expecting revenues between $725 million and $750 million and adjusted EBITDA between $108 million and $115 million.

Record Revenue Growth

Total company revenues for Q2 2025 were $167 million, an increase of $31 million or 23% versus Q2 2024. Lindblad segment revenues increased by 19% and Land segment revenues increased by 31%.

Improved Occupancy and Net Yields

Occupancy rose to 86%, an 11-point gain despite a 5% capacity increase. Net yields grew 13% to $1,241, a historic high for the second quarter.

Significant EBITDA Growth

Adjusted EBITDA increased 139% with margins expanding 720 basis points to 14.8%.

Successful Strategic Partnerships

Partnership with Disney led to a 45% increase in bookings from Disney's earmarked travel advisers. Disney Vacation Club members can now redeem points for expedition cruises.

Accretive Growth Strategies

Acquisition of 4 safari camps in East Africa and the launch of a European river cruise program with 2026 departures already over 50% booked.

Cost Innovation Initiatives

More than 20 cost innovation initiatives underway, including port cost optimization and procurement planning.

Strong Future Booking Trends

Bookings remain strong and tracking ahead of last year, both in 2025 and 2026, with some voyages sold out.

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 (LIND) report earnings?

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

What is Lindblad Expeditions Holdings (LIND) earnings time?

Lindblad Expeditions Holdings (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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