Growth Metrics

Lindblad Expeditions Holdings (LIND) Gross Margin (2016 - 2026)

Lindblad Expeditions Holdings' Gross Margin history spans 12 years, with the latest figure at 205.85% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 16331.0% to 205.85% in Q4 2025 year-over-year; TTM through Dec 2025 was 97.35%, a 4044.0% increase, with the full-year FY2025 number at 85.12%, up 4136.0% from a year prior.
  • Gross Margin hit 205.85% in Q4 2025 for Lindblad Expeditions Holdings, up from 87.47% in the prior quarter.
  • Over the last five years, Gross Margin for LIND hit a ceiling of 205.85% in Q4 2025 and a floor of 105.17% in Q4 2022.
  • Historically, Gross Margin has averaged 45.4% across 5 years, with a median of 45.63% in 2023.
  • The widest YoY moves for Gross Margin: up 72175bps in 2021, down -12493bps in 2021.
  • Tracing LIND's Gross Margin over 5 years: stood at 62.93% in 2021, then tumbled by -67bps to 105.17% in 2022, then surged by 183bps to 87.05% in 2023, then tumbled by -51bps to 42.54% in 2024, then surged by 384bps to 205.85% in 2025.
  • Business Quant data shows Gross Margin for LIND at 205.85% in Q4 2025, 87.47% in Q3 2025, and 45.58% in Q2 2025.