Lindblad Expeditions Holdings (LIND) Cost of Revenue (2014 - 2026)

Lindblad Expeditions Holdings' (LIND) quarterly Cost of Revenue came in at $35.9 million in Q1 2026, down 61.3% year-on-year from $92.8 million in Q1 2025, and down 67.15% quarter-over-quarter from $109.4 million in Q4 2025.

Lindblad Expeditions Holdings (LIND) Cost of Revenue (2014 - 2026) Analysis & Trends

Lindblad Expeditions Holdings has disclosed Cost of Revenue across 13 years of filings, most recently posting $35.9 million for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $35.9 million, down 61.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $266.8 million (down 48.44% YoY), and the FY2025 annual result was $418.0 million, up 15.29% from the prior year.
  • Cost of Revenue came in at $35.9 million for Q1 2026 at Lindblad Expeditions Holdings, down from $109.4 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $296.5 million in Q4 2024 to a low of -$173.9 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $62.5 million (2022), against an average of $51.6 million.
  • Peak annual rise in Cost of Revenue reached 2212.33% in 2022, while the deepest fall reached 228.29% in 2022.
  • Lindblad Expeditions Holdings' Cost of Revenue stood at -$147.0 million in 2022, then retreated by 18.26% to -$173.9 million in 2023, then soared by 270.56% to $296.5 million in 2024, then plunged by 63.11% to $109.4 million in 2025, then sank by 67.15% to $35.9 million in 2026.
  • The last three Cost of Revenue figures came in at $35.9 million (Q1 2026), $109.4 million (Q4 2025), and $30.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 2.07 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 581.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 2.25 Bn
4 Carnival 37.80 Bn 36.39 Bn - -
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 377.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 1.38 Bn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 126.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 35.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 463.00 Mn
10 Lindblad Expeditions Holdings 1.30 Bn 1.02 Bn 172.08 Mn 35.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 35.94 Mn
Mar 31, 2026 35.94 Mn
Dec 31, 2025 109.41 Mn
Dec 31, 2025 109.41 Mn
Sep 30, 2025 30.09 Mn
Sep 30, 2025 30.09 Mn
Jun 30, 2025 91.39 Mn
Jun 30, 2025 91.39 Mn
Mar 31, 2025 92.85 Mn
Mar 31, 2025 92.85 Mn
Dec 31, 2024 296.54 Mn
Dec 31, 2024 296.54 Mn
Sep 30, 2024 109.79 Mn
Sep 30, 2024 109.79 Mn
Jun 30, 2024 18.28 Mn
Jun 30, 2024 18.28 Mn
Mar 31, 2024 22.76 Mn
Mar 31, 2024 22.76 Mn
Dec 31, 2023 -173.87 Mn
Dec 31, 2023 -173.87 Mn