Lindblad Expeditions Holdings (LIND) Gross Margin (2014 - 2026)
Lindblad Expeditions Holdings' (LIND) quarterly Gross Margin came in at 48.5% in Q2 2026, up 292.0% year-over-year from 12.37% in Q2 2025, and little changed quarter-over-quarter from 48.68% in Q1 2026.
Analysis
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 48.5% for Q2 2026.
- In Q2 2026, Gross Margin rose 292.0% year-over-year to 48.5%; the TTM figure through Jun 2026 stood at 46.65% (up 68.0% YoY), while the FY2025 annual figure was 45.78%, up 202.0% from the prior year.
- Gross Margin came in at 48.5% for Q2 2026 at Lindblad Expeditions Holdings, roughly flat from 48.68% 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.
- Average Gross Margin over 5 years is 40.77%, with a median of 43.78% recorded in 2024.
- Year-over-year, Gross Margin jumped 37970 bps in 2022 and tumbled 1038 bps in 2023.
- Over 5 years, Gross Margin stood at 36.25% in 2022, then dropped by 29 bps to 25.88% in 2023, then jumped by 64 bps to 42.54% in 2024, then retreated by 5 bps to 40.27% in 2025, then climbed by 20 bps to 48.5% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 48.5% in Q2 2026, 48.68% in Q1 2026, and 40.27% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 47.29% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 45.50% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 39.91% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 48.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.50% |
| 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% |