Lindblad Expeditions Holdings (LIND) Operating Expenses (2012 - 2026)
Lindblad Expeditions Holdings (LIND) posted Operating Expenses of $192.4 million for Q1 2026, up 1.97% sequentially from $188.7 million in Q4 2025, and up 13.77% YoY from $169.1 million in Q1 2025.
Lindblad Expeditions Holdings (LIND) Operating Expenses (2012 - 2026) Analysis & Trends
Lindblad Expeditions Holdings has reported Operating Expenses for 15 years, with the latest figure at $192.4 million in Q1 2026.
- Quarterly Operating Expenses rose 13.77% year-over-year to $192.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $748.8 million (up 15.82% YoY) and the FY2025 annual result came in at $725.5 million, up 16.43% from the prior year.
- Operating Expenses advanced to $192.4 million in Q1 2026 per LIND's latest filing, from $188.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $204.2 million in Q3 2025 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 210.82% in 2022, then rose 4.47% in 2023.
- Over 5 years, Operating Expenses stood at $133.3 million in 2022, then gained by 4.47% to $139.2 million in 2023, then increased by 12.19% to $156.2 million in 2024, then rose by 20.81% to $188.7 million in 2025, then rose by 1.97% to $192.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $192.4 million, $188.7 million, and $204.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.63 Bn | 140.41 Bn | 4.98 Bn | 4.85 Bn |
| 2 | Airbnb | 106.16 Bn | 94.09 Bn | 2.98 Bn | 2.85 Bn |
| 3 | Royal Caribbean Cruises | 81.03 Bn | 80.11 Bn | 2.29 Bn | 513.00 Mn |
| 4 | Viking Holdings | 44.28 Bn | 40.47 Bn | 713.43 Mn | -272.04 Mn |
| 5 | Carnival | 38.41 Bn | 36.17 Bn | - | 4.23 Bn |
| 6 | Expedia | 38.31 Bn | 31.18 Bn | 3.91 Bn | 2.34 Bn |
| 7 | Trip.com | 29.06 Bn | 17.36 Bn | 1.86 Bn | -703.23 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.36 Bn | 8.15 Bn | 1.05 Bn | 690.41 Mn |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | 114.09 Mn |
| 10 | Lindblad Expeditions Holdings | 2.15 Bn | 1.79 Bn | 96.64 Mn | 187.29 Mn |
Historic Data
Download 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 |