Lindblad Expeditions Holdings (LIND) Gross Margin (2014 - 2026)
Lindblad Expeditions Holdings' (LIND) quarterly Gross Margin came in at 82.72% in Q1 2026, up 3439.0% year-on-year from 2.34% in Q1 2025, and up 105.4% quarter-over-quarter from 40.27% in Q4 2025.
Lindblad Expeditions Holdings (LIND) Gross Margin (2014 - 2026) Analysis & Trends
Lindblad Expeditions Holdings has disclosed Gross Margin across 13 years of filings, most recently posting 82.72% for Q1 2026.
- Gross Margin for Q1 2026 came in at 82.72%, up 3439.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 66.62% (up 4375.0% YoY), and the FY2025 annual result was 45.78%, up 202.0% from the prior year.
- Gross Margin came in at 82.72% for Q1 2026 at Lindblad Expeditions Holdings, up from 40.27% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 238.69% in Q4 2023 to a low of 99.54% in Q4 2024.
- The 5-year median for Gross Margin is 48.34% (2025), against an average of 67.96%.
- Across the five-year window, Gross Margin sank 33824 bps in 2024 and jumped 13982 bps in 2025, its largest moves.
- Lindblad Expeditions Holdings' Gross Margin stood at 224.64% in 2022, then increased by 6 bps to 238.69% in 2023, then slumped by 142 bps to 99.54% in 2024, then soared by 140 bps to 40.27% in 2025, then surged by 105 bps to 82.72% in 2026.
- The last three Gross Margin figures came in at 82.72% (Q1 2026), 40.27% (Q4 2025), and 87.47% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 62.62% |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 78.30% |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 49.53% |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | - |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 89.00% |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 40.89% |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 85.00% |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 96.36% |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 78.84% |
| 10 | Lindblad Expeditions Holdings | 1.30 Bn | 1.02 Bn | 172.08 Mn | 82.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 82.72% |
| Dec 31, 2025 | 40.27% |
| Sep 30, 2025 | 87.47% |
| Jun 30, 2025 | 45.58% |
| Mar 31, 2025 | 48.34% |
| Dec 31, 2024 | -99.54% |
| Sep 30, 2024 | 46.71% |
| Jun 30, 2024 | 86.61% |
| Mar 31, 2024 | 85.18% |
| Dec 31, 2023 | 238.69% |
| Sep 30, 2023 | 45.68% |
| Jun 30, 2023 | 87.85% |
| Mar 31, 2023 | 49.75% |
| Dec 31, 2022 | 224.64% |
| Sep 30, 2022 | 39.51% |
| Jun 30, 2022 | 31.25% |
| Mar 31, 2022 | 14.59% |
| Dec 31, 2021 | 168.32% |
| Sep 30, 2021 | 84.17% |
| Jun 30, 2021 | -27.02% |