Lindblad Expeditions Holdings (LIND) Operating Expenses (2012 - 2026)

Lindblad Expeditions Holdings' (LIND) quarterly Operating Expenses came in at $192.4 million in Q1 2026, up 13.77% year-on-year from $169.1 million in Q1 2025, and up 1.97% quarter-over-quarter from $188.7 million in Q4 2025.

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 $192.4 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $192.4 million, up 13.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $748.8 million (up 15.82% YoY), and the FY2025 annual result was $725.5 million, up 16.43% from the prior year.
  • Operating Expenses came in at $192.4 million for Q1 2026 at Lindblad Expeditions Holdings, up 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.
  • The 5-year median for Operating Expenses is $145.8 million (2024), against an average of $152.0 million.
  • Across the five-year window, Operating Expenses jumped 210.82% in 2022 and grew 4.47% in 2023, its largest moves.
  • Lindblad Expeditions Holdings' 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 grew by 1.97% to $192.4 million in 2026.
  • The last three Operating Expenses figures came in at $192.4 million (Q1 2026), $188.7 million (Q4 2025), and $204.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 4.26 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 2.59 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 582.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 3.94 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 797.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 720.40 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 837.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 802.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -1.38 Bn
10 Lindblad Expeditions Holdings 1.30 Bn 1.02 Bn 172.08 Mn 192.40 Mn

Historic Data

Download Data
DateValue
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