StockWatch
·
Real Estate
Quarterly ResultAug 5, 2026, 04:22 PM

Pursuit Reports Record Q2 Revenue $133.5M, Net Income $15.2M; Raises FY Guidance

AI Summary

Pursuit Attractions and Hospitality, Inc. reported record second quarter 2026 financial results, with revenue increasing 14.3% year-over-year to $133.5 million and net income attributable to Pursuit rising to $15.2 million. The company also raised its full-year Adjusted EBITDA guidance by $5 million to a range of $128 million to $138 million. Strategic initiatives included the acquisition of Eagle Wing Tours for C$23.9 million and the divestment of its non-core Flyover Attractions business for $75 million.

Key Highlights

  • Q2 2026 revenue increased 14.3% year-over-year to a record $133.5 million.
  • Net income attributable to Pursuit rose to $15.2 million from $5.6 million in Q2 2025.
  • Adjusted EBITDA for Q2 2026 grew 10.1% to $32.7 million.
  • Full-year Adjusted EBITDA guidance was raised by $5 million to $128 million to $138 million.
  • Acquired Eagle Wing Tours for C$23.9 million, expanding into Vancouver Island.
  • Divested non-core Flyover Attractions business for $75 million.
  • Repurchased $7.5 million of common stock in Q2, with $57 million remaining in authorization.
  • Total liquidity stood at $160.9 million with a net leverage ratio of 1.5x.