Lindblad Expeditions Holdings (LIND) Operating Expenses (2012 - 2026)
Lindblad Expeditions Holdings (LIND) reported Operating Expenses of $192.4 million for Q1 2026, up 13.77% on a YoY basis from $169.1 million in Q1 2025, and up 1.97% sequentially from $188.7 million in Q4 2025.
Lindblad Expeditions Holdings (LIND) Operating Expenses (2012 - 2026) Analysis & Trends
Lindblad Expeditions Holdings (LIND) has 15 years of Operating Expenses data on file, last reported at $192.4 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 13.77% year-over-year to $192.4 million; the trailing twelve-month figure through Mar 2026 stood at $748.8 million (up 15.82% YoY), and the FY2025 full-year result was $725.5 million, up 16.43% from the prior year.
- Operating Expenses advanced to $192.4 million in Q1 2026, from $188.7 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.
- A 5-year average of $152.0 million and a median of $145.8 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 210.82% in 2022 and grew 4.47% in 2023, its largest moves.
- Tracing LIND's Operating Expenses over 5 years: stood at $133.3 million in 2022, then grew by 4.47% to $139.2 million in 2023, then advanced by 12.19% to $156.2 million in 2024, then climbed by 20.81% to $188.7 million in 2025, then climbed by 1.97% to $192.4 million in 2026.
- Business Quant data shows LIND's Operating Expenses at $192.4 million in Q1 2026, $188.7 million in Q4 2025, and $204.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 4.26 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 582.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 2.59 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 379,000.00 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -352.87 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 4.23 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 576.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 720.40 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 105.66 Mn |
| 10 | Lindblad Expeditions Holdings | 1.63 Bn | 1.34 Bn | 101.27 Mn | 192.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 47.85 Mn |