Lindblad Expeditions Holdings (LIND) Gross Margin (2014 - 2026)
Lindblad Expeditions Holdings (LIND) reported Gross Margin of 48.68% for Q1 2026, up 35.0% on a YoY basis from 36.06% in Q1 2025, and up 20.88% sequentially from 40.27% in Q4 2025.
Lindblad Expeditions Holdings (LIND) Gross Margin (2014 - 2026) Analysis & Trends
Lindblad Expeditions Holdings (LIND) has 13 years of Gross Margin data on file, last reported at 48.68% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 35.0% year-over-year to 48.68%; the trailing twelve-month figure through Mar 2026 stood at 45.96% (up 127.0% YoY), and the FY2025 full-year result was 45.78%, up 202.0% from the prior year.
- Gross Margin rose to 48.68% in Q1 2026, from 40.27% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 49.75% in Q1 2023 to a low of 14.59% in Q1 2022.
- A 5-year average of 40.31% and a median of 42.54% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 37970 bps in 2022 and slumped 1038 bps in 2023, its largest moves.
- Tracing LIND's Gross Margin over 5 years: stood at 36.25% in 2022, then slipped by 29 bps to 25.88% in 2023, then soared by 64 bps to 42.54% in 2024, then fell by 5 bps to 40.27% in 2025, then increased by 21 bps to 48.68% in 2026.
- Business Quant data shows LIND's Gross Margin at 48.68% in Q1 2026, 40.27% in Q4 2025, and 48.22% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 147.58 Bn | 131.56 Bn | 3.46 Bn | 62.62% |
| 2 | Airbnb | 87.28 Bn | 75.28 Bn | 2.10 Bn | 78.30% |
| 3 | Royal Caribbean Cruises | 78.34 Bn | 77.61 Bn | 2.21 Bn | 49.53% |
| 4 | Yatra Online | 56.11 Bn | 56.08 Bn | 10.44 Mn | 55.39% |
| 5 | Viking Holdings | 44.46 Bn | 40.66 Bn | 713.43 Mn | 41.37% |
| 6 | Carnival | 37.01 Bn | 34.77 Bn | - | - |
| 7 | Expedia | 34.07 Bn | 31.57 Bn | 3.05 Bn | 89.00% |
| 8 | Trip.com | 29.02 Bn | 17.32 Bn | 1.86 Bn | 79.12% |
| 9 | Norwegian Cruise Line Holdings | 8.89 Bn | 8.71 Bn | 953.34 Mn | 40.89% |
| 10 | Lindblad Expeditions Holdings | 1.65 Bn | 1.33 Bn | 101.27 Mn | 48.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.68% |
| Dec 31, 2025 | 40.27% |
| Sep 30, 2025 | 48.22% |
| Jun 30, 2025 | 45.58% |
| Mar 31, 2025 | 48.34% |
| Dec 31, 2024 | 42.54% |
| Sep 30, 2024 | 46.71% |
| Jun 30, 2024 | 39.23% |
| Mar 31, 2024 | 45.02% |
| Dec 31, 2023 | 25.88% |
| Sep 30, 2023 | 45.68% |
| Jun 30, 2023 | 37.78% |
| Mar 31, 2023 | 49.75% |
| Dec 31, 2022 | 36.25% |
| Sep 30, 2022 | 39.51% |
| Jun 30, 2022 | 31.25% |
| Mar 31, 2022 | 14.59% |
| Dec 31, 2021 | 21.87% |
| Sep 30, 2021 | 29.31% |
| Jun 30, 2021 | -27.02% |