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
DateValue
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%