Lindblad Expeditions Holdings (LIND) Research & Development (2014 - 2026)
Lindblad Expeditions Holdings' (LIND) quarterly Research & Development came in at $32.0 million in Q2 2026, up 21.35% year-over-year from $26.4 million in Q2 2025, and down 10.89% quarter-over-quarter from $35.9 million in Q1 2026.
Analysis
Lindblad Expeditions Holdings (LIND) Research & Development (2014 - 2026) Analysis & Trends
Lindblad Expeditions Holdings has disclosed Research & Development across 13 years of filings, most recently posting $32.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 21.35% year-over-year to $32.0 million; the TTM figure through Jun 2026 stood at $128.0 million (up 27.27% YoY), while the FY2025 annual figure was $114.7 million, up 31.83% from the prior year.
- Research & Development came in at $32.0 million for Q2 2026 at Lindblad Expeditions Holdings, down from $35.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $35.9 million in Q1 2026 to a low of $12.3 million in Q1 2022.
- Average Research & Development over 5 years is $22.3 million, with a median of $20.8 million recorded in 2023.
- Year-over-year, Research & Development surged 391.98% in 2022 and fell 18.05% in 2023.
- Over 5 years, Research & Development stood at $19.8 million in 2022, then slipped by 18.05% to $16.2 million in 2023, then climbed by 29.25% to $21.0 million in 2024, then surged by 42.99% to $30.0 million in 2025, then gained by 6.77% to $32.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $32.0 million in Q2 2026, $35.9 million in Q1 2026, and $30.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | - |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | - |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | - |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 32.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.02 Mn |
| Mar 31, 2026 | 35.94 Mn |
| Dec 31, 2025 | 29.99 Mn |
| Sep 30, 2025 | 30.09 Mn |
| Jun 30, 2025 | 26.39 Mn |
| Mar 31, 2025 | 28.24 Mn |
| Dec 31, 2024 | 20.98 Mn |
| Sep 30, 2024 | 25.00 Mn |
| Jun 30, 2024 | 18.28 Mn |
| Mar 31, 2024 | 22.76 Mn |
| Dec 31, 2023 | 16.23 Mn |
| Sep 30, 2023 | 19.39 Mn |
| Jun 30, 2023 | 15.16 Mn |
| Mar 31, 2023 | 20.65 Mn |
| Dec 31, 2022 | 19.80 Mn |
| Sep 30, 2022 | 16.03 Mn |
| Jun 30, 2022 | 12.84 Mn |
| Mar 31, 2022 | 12.33 Mn |
| Dec 31, 2021 | 10.80 Mn |
| Sep 30, 2021 | 10.21 Mn |