Lindblad Expeditions Holdings, Inc. (LIND)
NASDAQConsumer DiscretionaryTravel ServicesSnapshot 2026-11-04
$33.52+2.32%
Close 2026-11-04 · 1-day change
NASDAQConsumer DiscretionaryTravel ServicesSnapshot 2026-11-04
QuarterlyIQ Insights · LIND
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within consumer discretionary on a research-validated quality screen. As of 2026-11-04.
The screen ranks LIND against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated strong grew net income 62% of the time over the next year (vs 50% for the rest of the cohort, n=5250).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $870 - $885 million || ● | Adjusted EBITDA of $142 - $148 million [/TABLE] STOCK RE…
Stated in 3 of 3 supplied quarters. Management reported: “Lindblad segment Adjusted EBITDA of $37.1 million increased $4.3 million as compared to the same period in 2025, primarily due to increased tour revenues, partially offset by higher cost of tours related to an increase in voyages and higher fuel costs, increased selling and marketing costs, primarily due to increased royalties associated with the final royalty rate step-up under the National Geographic agreement, and higher marketing spend to drive long-term growth initiatives.”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $870 - $885 million || ● | Adjusted EBITDA of $142 - $148 million [/TABLE] STOCK RE…”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $830 - $860 million || ● | Adjusted EBITDA of $130 - $140 million [/TABLE] STOCK RE…”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: ● Tour revenues of $800 - $850 million ● Adjusted EBITDA of $130 - $140 million STOCK REPURCHASE PLAN The Compan…”
2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $870 - $885 million || ● | Adjusted EBITDA of $142 - $148 million [/TABLE] STOCK RE…
Stated in 3 of 3 supplied quarters. Management reported: “Lindblad segment Adjusted EBITDA of $37.1 million increased $4.3 million as compared to the same period in 2025, primarily due to increased tour revenues, partially offset by higher cost of tours related to an increase in voyages and higher fuel costs, increased selling and marketing costs, primarily due to increased royalties associated with the final royalty rate step-up under the National Geographic agreement, and higher marketing spend to drive long-term growth initiatives.”
With the acquisition of White Desert and the launch of Echo Charlie, we are opening a new chapter of growth, innovation and long-term shareholder value creation.
Stated in 1 of 3 supplied quarters. Management reported: “With the acquisition of White Desert and the launch of Echo Charlie, we are opening a new chapter of growth, innovation and long-term shareholder value creation.” “This investment advances Lindblad Expeditions' strategy of building a diversified portfolio of differentiated adventure travel experiences.”
“With the acquisition of White Desert and the launch of Echo Charlie, we are opening a new chapter of growth, innovation and long-term shareholder value creation.”
2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $870 - $885 million || ● | Adjusted EBITDA of $142 - $148 million [/TABLE] STOCK RE…
Stated in 3 of 3 supplied quarters. Management reported: “Lindblad segment Adjusted EBITDA of $37.1 million increased $4.3 million as compared to the same period in 2025, primarily due to increased tour revenues, partially offset by higher cost of tours related to an increase in voyages and higher fuel costs, increased selling and marketing costs, primarily due to increased royalties associated with the final royalty rate step-up under the National Geographic agreement, and higher marketing spend to drive long-term growth initiatives.”
SECOND QUARTER RESULTS Tour Revenues Second quarter tour revenues of $199.2 million increased $31.3 million, or 19%, as compared to the same period in 2025.
Over the trailing year it converted -4.69x of net income into operating cash flow.
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
10 material management or governance events in the past 24 months, led by M&A activity. Historically, Consumer Discretionary names rated stable grew net income 53% of the time over the next year (vs 54% for the rest of the cohort, n=4907).
Not investment advice. As of 2026-11-04.
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $870 - $885 million || ● | Adjusted EBITDA of $142 - $148 million [/TABLE] STOCK RE…”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $830 - $860 million || ● | Adjusted EBITDA of $130 - $140 million [/TABLE] STOCK RE…”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: ● Tour revenues of $800 - $850 million ● Adjusted EBITDA of $130 - $140 million STOCK REPURCHASE PLAN The Compan…”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $870 - $885 million || ● | Adjusted EBITDA of $142 - $148 million [/TABLE] STOCK RE…”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: [TABLE] ● | Tour revenues of $830 - $860 million || ● | Adjusted EBITDA of $130 - $140 million [/TABLE] STOCK RE…”
“2026 OUTLOOK The Company’s current expectations for the full year 2026 are as follows: ● Tour revenues of $800 - $850 million ● Adjusted EBITDA of $130 - $140 million STOCK REPURCHASE PLAN The Compan…”