Business
Lindblad Expeditions Holdings, Inc. Reports 2025 Fourth Quarter and Full Year Financial Results
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the "Company" or "Lindblad"), a global provider of expedition cruises and adventure travel experiences, today reported financial results for the fourth quarter and full year ended December 31, 2025.
About this update from Lindblad Expeditions Holdings Inc.
[{"type":"text","content":"2025 Delivered the Strongest Adjusted EBITDA Performance in Company History","length":80,"tagName":"p","attribs":{}},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Total revenues increased 20% to $771.0 million","length":46,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss available to stockholders decreased $1.2 million to $34.6 million; including a $23.5 million loss on extinguishment of debt","length":132,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA increased 38% to $126.2 million","length":47,"tagName":"p"}]},{"val":[{"type":"text","content":"Net Yield per Available Guest Night increased 14% to $1,335 and Occupancy was 88%","length":81,"tagName":"p"}]},{"val":[{"type":"text","content":"Refinanced long-term debt with $675.0 million of 7.00% senior secured notes, extending debt maturity to 2030, and increased the amount available under our revolving credit facility to $60.0 million","length":197,"tagName":"p"}]},{"val":[{"type":"text","content":"On February 3, 2026, all outstanding Preferred Stock was converted into 9.0 million shares of Common Stock","length":106,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":609,"olType":false},{"type":"text","content":"NEW YORK, Feb. 26, 2026 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; the "Company" or "Lindblad"), a global provider of expedition cruises and adventure travel experiences, today reported financial results for the fourth quarter and full year ended December 31, 2025.","length":309,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Lindblad Expeditions Holdings, Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Lindblad Expeditions Holdings, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":81,"url":"https://media.zenfs.com/en/prnewswire.com/b7a0d271228a9df79a68eb596ea28bdd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/vpCJWl_xAJwvTJd32b2_rA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE0MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b7a0d271228a9df79a68eb596ea28bdd","width":400,"height":81}},"href":"https://mma.prnewswire.com/media/2536437/Lindblad_Expeditions_Holdings_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Nataly...