secwatch.observer — SEC 8-K summary
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Issuer:     LINDBLAD EXPEDITIONS HOLDINGS, INC. (LIND)
CIK:        0001512499
Form:       8-K
Filed at:   2026-08-03T11:46:01+00:00
Accession:  0001437749-26-025309
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lindblad Q2 revenue up 19% to $199.2M; net loss narrows to $1.4M; EBITDA up 31%
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- Total revenue $199.2M (+19% YoY); net loss available to stockholders $1.4M ($0.02 loss per share) vs $9.7M loss in Q2 2025.
- Adjusted EBITDA $32.5M (+31% YoY); Lindblad segment net yield $1,294 (+4%); occupancy 91% (up from 86%).
- Full-year 2026 guidance: tour revenues $830-860M, Adjusted EBITDA $130-140M.
- Stock repurchase plan: $35M authorized, $23M used (875K shares + 6M warrants), $12M remaining.
- Cash and equivalents $364.9M; total debt $675.0M; acquired additional stakes in Natural Habitat and Classic Journeys for $19.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512499/000143774926025309/0001437749-26-025309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512499/000143774926025309/lindb20260528_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-025309

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer