Lindblad Expeditions Holdings (LIND) Operating Expenses (2012 - 2026)
Lindblad Expeditions Holdings' (LIND) quarterly Operating Expenses came in at $187.3 million in Q2 2026, up 14.53% year-over-year from $163.5 million in Q2 2025, and down 2.65% quarter-over-quarter from $192.4 million in Q1 2026.
Analysis
Lindblad Expeditions Holdings (LIND) Operating Expenses (2012 - 2026) Analysis & Trends
Lindblad Expeditions Holdings has disclosed Operating Expenses across 15 years of filings, most recently posting $187.3 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 14.53% year-over-year to $187.3 million; the TTM figure through Jun 2026 stood at $772.6 million (up 16.12% YoY), while the FY2025 annual figure was $725.5 million, up 16.43% from the prior year.
- Operating Expenses came in at $187.3 million for Q2 2026 at Lindblad Expeditions Holdings, down from $192.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $204.2 million in Q3 2025 to a low of $102.1 million in Q1 2022.
- Average Operating Expenses over 5 years is $154.0 million, with a median of $150.6 million recorded in 2023.
- Year-over-year, Operating Expenses surged 210.82% in 2022 and increased 4.47% in 2023.
- Over 5 years, Operating Expenses stood at $133.3 million in 2022, then increased by 4.47% to $139.2 million in 2023, then climbed by 12.19% to $156.2 million in 2024, then grew by 20.81% to $188.7 million in 2025, then fell by 0.74% to $187.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $187.3 million in Q2 2026, $192.4 million in Q1 2026, and $188.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 513.00 Mn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | -268.67 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 4.23 Bn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 690.41 Mn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 187.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 187.29 Mn |
| Mar 31, 2026 | 192.40 Mn |
| Dec 31, 2025 | 188.69 Mn |
| Sep 30, 2025 | 204.20 Mn |
| Jun 30, 2025 | 163.54 Mn |
| Mar 31, 2025 | 169.11 Mn |
| Dec 31, 2024 | 156.18 Mn |
| Sep 30, 2024 | 176.52 Mn |
| Jun 30, 2024 | 144.71 Mn |
| Mar 31, 2024 | 145.76 Mn |
| Dec 31, 2023 | 139.21 Mn |
| Sep 30, 2023 | 155.51 Mn |
| Jun 30, 2023 | 133.30 Mn |
| Mar 31, 2023 | 130.93 Mn |
| Dec 31, 2022 | 133.26 Mn |
| Sep 30, 2022 | 138.98 Mn |
| Jun 30, 2022 | 110.22 Mn |
| Mar 31, 2022 | 102.09 Mn |
| Dec 31, 2021 | 95.08 Mn |
| Sep 30, 2021 | 82.16 Mn |