Pursuit Reports Record Third Quarter 2026 Results and Reaffirms Full Year Adjusted EBITDA Guidance Midpoint
Pursuit reported record Q3 2026 revenue of $251.5 million, up 4.4% year-over-year (6% excluding the Eagle Wing Tours acquisition and Flyover divestiture), with net income attributable to Pursuit of $82.8 million, up 12.1%. Adjusted EBITDA rose 7% to $125.5 million with margin expansion to 49.9%, and adjusted EPS grew 14% to $3.03 from $2.65. The company reaffirmed its FY2026 Adjusted EBITDA midpoint of $133 million (~14% YoY growth) while narrowing the range to $130-$136 million, and guided revenue to ~$485 million at the midpoint.
Key figures
- Eps
- 3.03
- Revenue
- 251530000
- Guidance
- FY2026 Adjusted EBITDA midpoint reaffirmed at $133M, range narrowed to $130M-$136M from $128M-$138M (~14% YoY growth); revenue ~$485M at midpoint
- Revenue Yoy
- 4.4%
- Total debt
- 134200000
- Net leverage
- 0.6x
- Net income yoy
- 12.1%
- Adjusted ebitda
- 125495000
- Total liquidity
- 293000000
- Gaap diluted eps
- 2.95
- Adjusted ebitda yoy
- 6.9%
- Flyover sale proceeds
- $75 million
- Adjusted ebitda margin
- 49.9%
- Net income attributable
- 82808000
- Same store revpar growth
- 9%
- Eagle wing acquisition price
- $16 million
- Same store ticket price growth
- 9%
AI analysis
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