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LIND · Lindblad Expeditions Holdings, Inc.

Track LIND — free
$31.43 +0.16 (+0.51%) At close · Sep 30
Market Cap
$1.87B
Shares
65.62M
Volume · Sep 30 1.08M Avg daily vol (3M) 836.8K

Price & Indicators

Drag to pan · scroll to zoom
20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$31.43 Open$31.35 Day$31.01–31.74 52W close$11.45–34.48 Avg vol 30d873K Short int5.3M · 8.0% float · 5.8d Short vol75% Last earningsAug 3, 2026 DataJan 2020–Sep 2026 Filing10-Q · Aug 3

Up next

Next earnings call
Nov 2, 2026 Est · unconfirmed · in 5 wks
filed Aug 3, 2026
call held Aug 3, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$830.61M
Trailing 12 months
Net income (TTM)
−$17.27M
Trailing 12 months
Revenue growth YoY
+18.6%
Year over year
Operating margin
7.0%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
5.8%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+19.9%
Year over year · more shares
Price change (1Y)
+147.2%
Trailing year
Short interest
8.0%
Latest settlement · 5.8 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 3, 2026
Q2 FY26

TL;DR. Lindblad (LIND) reported Q2 2026 revenue of $199.2M (+19%), record net yield of $1,294 and 91% occupancy despite 12% capacity growth, and raised full-year 2026 revenue guidance to $830–$860M (from $800–$850M) and net yield guidance to 4.5–5.5% (from 4–5%), while maintaining adjusted EBITDA guidance of $130–$140M due to elevated fuel costs.

Bullish
  • + Adjusted EBITDA grew 31% to $32.5M with margin expanding 150 bps to 16.3%
  • + Raised full-year 2026 revenue guidance to $830–$860M (from $800–$850M) and net yield guidance to 4.5–5.5% (from 4–5%)
  • + Free cash flow YTD up 93% to $93.6M and net leverage fell to 2.2x from 2.7x
Bearish
  • − Adjusted EBITDA guidance maintained at $130–$140M despite higher revenue outlook due to elevated fuel costs
  • − Q2 capacity (+12%) absorbed but H2 2026 available guest nights expected to be approximately flat YoY
  • − G&A expense (ex-stock comp, transaction, reorganization) increased 27% YoY ($6.8M); only half explained by prior-year tax credit benefit

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Strong Buy Momentum Very Strong Sentiment Bullish Fundamentals Strong Quant / Vol Very High
Market backdrop VIX 16.3 · calm Equity put/call 0.53
Technical
price trend
Strong Buy
50 / 200-day cross No cross
Price vs 200-day avg +42%
above
Price vs 50-day avg +6%
above
RSI (14) 67
neutral
MACD trend Positive
52-week position 87%
near high
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Strong
1-month return +23%
trailing
6-month return +65%
trailing
YTD return +118%
this year
Relative strength +53%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $30 › 200d $22 — 50d above 200d
Institutional flow Accumulating
+13% holders QoQ · +55 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
8.00% of float · ▼ -1.4% MoM · 5.8 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
226 holders — near 3-yr high, broad support
Squeeze score 77
high risk · 0–100
Fundamentals
Strong
Revenue growth +20%
Y/Y
Gross margin 20%
contracting
EPS growth +6%
Y/Y
Free cash flow $63.8M
Buyback $12.0M
remaining
Balance sheet $406.0M
net debt
Quant / Vol
risk profile
Very High
Volatility 51%
annualized · 1-yr
Max drawdown −27%
past year
ATR 4.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 2 of last 2
Latest guidance · from the 8-K filed Aug 3, 2026
Tour revenues · full year 2026 Initiated $830M – $860M
Guided vs delivered · last 2 settled
Tour revenues full year 2024
guided $610M – $630M
$644.73M Beat +4.0%
Tour revenues full year 2023
guided $550M – $575M
$569.54M In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Strong Buy
0 · 3 · 4
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+42% Bullish
Price vs 50-day avg
+6% Bullish
RSI (14)
67 Neutral
MACD trend
Positive Bullish
52-week position
87% Bullish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $30 › 200d $22 — 50d above 200d
Institutional flow Accumulating
+13% holders QoQ · +55 funds added
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
8.00% of float · ▼ -1.4% MoM · 5.8 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
226 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $11 Now $31 · 87% Range high $34
vs 200-day avg +42% vs 50-day avg +6%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Travel Services — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
LIND
Lindblad Expeditions Holdings, Inc.
this stock
$1.87B +118.0% +19.6% — 8.0%
BKNG
Booking Holdings Inc.
$121.98B — +13.4% 18.0 2.6%
ABNB
Airbnb, Inc.
$93.83B +18.4% +10.3% 34.9 2.4%
RCL
Royal Caribbean Cruises Ltd
$64.91B -4.7% +3.3% 15.0 3.8%
VIK
Viking Holdings Ltd
$35.87B +9.7% — — 1.7%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
226
% held
80.5%
Net QoQ
+4.9M sh
Top holder
FMR LLC
Held Float
View
Held by Funds
Fund positions
221
View
Short & Settlement
Short Interest Falling
Shares short
5.3M
Days to cover
5.8d
Change
-76.2K sh
View
Short Volume
Short vol %
75%
As of
Sep 30, 2026
Short Total
View
Fails to Deliver
FTD shares
301
Value
$7.7K
As of
Sep 2, 2026
View
Off-Exchange
Off-exchange %
40.7%
Week of
Aug 24, 2026
Off-exch Lit
View
Financials
Financials
Net income (FY)
$-29.7M
EPS diluted
$-0.63
View
Buybacks
Authorized
$35.0M
Remaining
$12.0M
Spent Remaining
View
Filings
SEC Filings
Latest
8-K
Filed
Sep 15, 2026
This year
12
View
Proposed Sales
Value
$66.1K
Shares
3.0K
Filed
Jun 25, 2026
View
Earnings & Events
Earnings Calls
Last call
Aug 3, 2026
View
Investor Relations
Latest news
LINDBLAD EXPEDITIONS HOLDINGS, IN…
Published
Sep 15, 2026
View

Performance

5D 20D 120D MTD YTD
LIND +15.4% +22.8% +65.3% +18.3% +118.0%
SPY -0.7% +0.1% +12.2% -0.6% +11.8%
vs SPY +16.1% +22.7% +53.1% +18.9% +106.1%

Capital returns

Buyback program · as of Jul 31, 2026
Authorized
$35.00M
Spent (derived)
$23.00M
Remaining
$12.00M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1512499 CUSIP 535219109 13F (30d) 11 filings 5 filers Visit website Investor relations