Growth Metrics

Lindblad Expeditions Holdings (LIND) Cost of Revenue (2016 - 2025)

Lindblad Expeditions Holdings' Cost of Revenue history spans 12 years, with the latest figure at $30.0 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 42.99% year-over-year to $30.0 million; the TTM value through Dec 2025 reached $114.7 million, down 46.24%, while the annual FY2025 figure was $114.7 million, 31.83% up from the prior year.
  • Cost of Revenue for Q4 2025 was $30.0 million at Lindblad Expeditions Holdings, up from -$34.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $92.8 million in Q1 2025 and bottomed at -$97.7 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $28.2 million (2025), against an average of $35.1 million.
  • The largest annual shift saw Cost of Revenue surged 2042.86% in 2021 before it tumbled 238.05% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $10.8 million in 2021, then skyrocketed by 595.98% to $75.2 million in 2022, then plummeted by 229.88% to -$97.7 million in 2023, then skyrocketed by 121.48% to $21.0 million in 2024, then soared by 42.99% to $30.0 million in 2025.
  • Per Business Quant, the three most recent readings for LIND's Cost of Revenue are $30.0 million (Q4 2025), -$34.5 million (Q3 2025), and $26.4 million (Q2 2025).