Lindblad Expeditions Holdings (LIND) Cost of Revenue (2014 - 2026)
Lindblad Expeditions Holdings (LIND) posted Cost of Revenue of $102.61 million for Q2 2026, up 12.3% from $91.39 million a year earlier but down 3.9% from the prior quarter.
Lindblad Expeditions Holdings (LIND) Cost of Revenue (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Lindblad Expeditions Holdings was $443.14 million, up 16.8% year-over-year; for FY2025, it came in at $418.02 million, up 15.3% from FY2024.
- Annual Cost of Revenue has increased for five consecutive years, with a five-year compound annual growth rate of 41.8% (FY2020 to FY2025).
- In prior years, Lindblad Expeditions Holdings' Cost of Revenue was $362.58 million in FY2024 (+7.2%), $338.21 million in FY2023 (+19.4%), $283.22 million in FY2022 (+127.5%) and $124.48 million in FY2021 (+70.7%).
- Quarterly Cost of Revenue has run from a low of $45.6 million in Q3 2021 to a high of $124.37 million in Q3 2025 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last six quarters, with growth averaging 11.9% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2022, with growth of 599.9%; the weakest was Q4 2024, with a decline of 8.1%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $106.74 million (Q1 2026), $109.41 million (Q4 2025) and $124.37 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 5.52 Bn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 2.55 Bn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 266.00 Mn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | 1.19 Bn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | - |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | 466.00 Mn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | 1.44 Bn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | - |
| 10 | Lindblad Expeditions Holdings | 2.28 Bn | 1.20 Bn | 96.64 Mn | 102.61 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 102.61 Mn |
| Mar 31, 2026 | 106.74 Mn |
| Dec 31, 2025 | 109.41 Mn |
| Sep 30, 2025 | 124.37 Mn |
| Jun 30, 2025 | 91.39 Mn |
| Mar 31, 2025 | 92.85 Mn |
| Dec 31, 2024 | 85.39 Mn |
| Sep 30, 2024 | 109.79 Mn |
| Jun 30, 2024 | 82.95 Mn |
| Mar 31, 2024 | 84.45 Mn |
| Dec 31, 2023 | 92.92 Mn |
| Sep 30, 2023 | 95.59 Mn |
| Jun 30, 2023 | 77.65 Mn |
| Mar 31, 2023 | 72.05 Mn |
| Dec 31, 2022 | 75.19 Mn |
| Sep 30, 2022 | 87.58 Mn |
| Jun 30, 2022 | 62.50 Mn |
| Mar 31, 2022 | 57.95 Mn |
| Dec 31, 2021 | 51.21 Mn |
| Sep 30, 2021 | 45.60 Mn |
Lindblad Expeditions Holdings Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LIND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "LIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=LIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();