Growth Metrics

Lindblad Expeditions Holdings (LIND) Gross Margin (2016 - 2025)

Lindblad Expeditions Holdings' Gross Margin history spans 12 years, with the latest figure at 83.63% for Q4 2025.

  • For Q4 2025, Gross Margin fell 226.0% year-over-year to 83.63%; the TTM value through Dec 2025 reached 85.12%, up 1822.0%, while the annual FY2025 figure was 85.12%, 138.0% down from the prior year.
  • Gross Margin for Q4 2025 was 83.63% at Lindblad Expeditions Holdings, down from 114.37% in the prior quarter.
  • Across five years, Gross Margin topped out at 177.91% in Q4 2023 and bottomed at 365.11% in Q1 2021.
  • The 5-year median for Gross Margin is 58.63% (2023), against an average of 46.72%.
  • The largest YoY upside for Gross Margin was 1487915bps in 2021 against a maximum downside of -130816bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 83.52% in 2021, then plummeted by -57bps to 36.25% in 2022, then surged by 391bps to 177.91% in 2023, then plummeted by -52bps to 85.89% in 2024, then fell by -3bps to 83.63% in 2025.
  • Per Business Quant, the three most recent readings for LIND's Gross Margin are 83.63% (Q4 2025), 114.37% (Q3 2025), and 84.29% (Q2 2025).