# Lindblad Expeditions

> Lindblad Expeditions is a New York-based expedition travel company that runs small-ship voyages and land journeys to remote corners of all seven continents, from Antarctica to the Galapagos. Founded in 1979 and now trading on the Nasdaq as LIND, it pairs a fleet of purpose-built expedition ships with a decades-long alliance with National Geographic, staffing every trip with naturalists, undersea specialists and photographers rather than cruise directors. In 2025 the business generated roughly $771 million in revenue across ship-based expeditions and a growing family of land-adventure brands.

- **Founded:** 1979
- **Headquarters:** New York, United States
- **Founders:** Sven-Olof Lindblad (Founder, Board Co-Chair)
- **Team size:** ~1,600 employees
- **Products:** Ship-based expeditions, National Geographic co-branded fleet, Natural Habitat Adventures, DuVine Cycling + Adventure, Off the Beaten Path
- **Notable:** Pioneered non-scientific expedition travel to Antarctica and the Galapagos through the Lindblad family, with the first tourist voyages in 1966 and 1967., Built and renewed a landmark alliance with National Geographic, now extended through 2040., Grew to a fleet of roughly 20+ owned and chartered expedition vessels reaching all seven continents.

## Products & services

- **Ship-based expeditions** — Small-ship expedition voyages on a fleet of purpose-built vessels carrying roughly 16 to 148 guests, reaching Antarctica, the Arctic, the Galapagos and destinations on all seven continents, staffed by naturalists, undersea specialists and photographers.
- **National Geographic co-branded fleet** — Owned and chartered ships bearing the National Geographic prefix, backed by a strategic alliance that embeds photographers, scientists and expedition tools onboard.
- **Natural Habitat Adventures** — Land-based nature and wildlife travel brand offering polar bear tours in Churchill, grizzly viewing in Alaska and African safaris.
- **DuVine Cycling + Adventure** — Luxury guided bike tours through regions such as Italy, Provence, Portugal and Napa.
- **Off the Beaten Path** — Custom and small-group land itineraries to off-the-grid destinations.
- **Classic Journeys** — Cultural walking and immersion tours focused on deep local engagement.
- **European river cruises** — New river voyages beginning on the Rhine in 2026 under a multi-year charter with Transcend Cruises, starting with the ship Connect.

## Achievements

- Pioneered non-scientific expedition travel to Antarctica and the Galapagos through the Lindblad family, with the first tourist voyages in 1966 and 1967.
- Built and renewed a landmark alliance with National Geographic, now extended through 2040.
- Grew to a fleet of roughly 20+ owned and chartered expedition vessels reaching all seven continents.
- Reached record 2025 results including about $771M revenue, a record net yield of $1,335 and record Adjusted EBITDA of $126.2M.
- Assembled a five-brand Land Experiences portfolio generating over $275M in annual revenue.

## Latest updates

- **2026-02** — Named Mike Fulkerson as Chief Marketing Officer, adding hospitality, luxury and cruising marketing experience to the leadership team.
- **2026-02** — Reported 2025 full-year results: revenue of about $771M (+19.6%), record net yield of $1,335 and record Adjusted EBITDA of $126.2M.
- **2025-05** — Announced European river cruising via a charter with Transcend Cruises, with Rhine voyages beginning in 2026 aboard the ship Connect.
- **2025-01** — Natalya Leahy became CEO, succeeding founder Sven-Olof Lindblad, who moved to board co-chair; Rick Goldberg appointed CFO.
- **2025-01** — Acquired Torcatt Enterprises Limitada and its two Galapagos vessels for $16M, expanding capacity in a core market.

## Links

- Website: https://www.expeditions.com
- LinkedIn: http://www.linkedin.com/company/lindblad-expeditions
- Twitter/X: https://twitter.com/LindbladExp
- YouTube: https://www.youtube.com/user/LindbladExpeditions
- Instagram: https://www.instagram.com/lindbladexp/
- Facebook: https://www.facebook.com/LindbladExpeditions/

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Profile page: https://yespress.io/lindblad-expeditions
Published by YesPress — https://yespress.io
Last updated: 2026-08-14
