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| 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 |