Lindblad Expeditions Holdings (LIND) Research & Development (2014 - 2026)
Lindblad Expeditions Holdings (LIND) reported Research & Development of $35.9 million for Q1 2026, up 27.24% on a YoY basis from $28.2 million in Q1 2025, and up 19.81% sequentially from $30.0 million in Q4 2025.
Lindblad Expeditions Holdings (LIND) Research & Development (2014 - 2026) Analysis & Trends
Lindblad Expeditions Holdings (LIND) has 13 years of Research & Development data on file, last reported at $35.9 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 27.24% year-over-year to $35.9 million; the trailing twelve-month figure through Mar 2026 stood at $122.4 million (up 32.33% YoY), and the FY2025 full-year result was $114.7 million, up 31.83% from the prior year.
- Research & Development climbed to $35.9 million in Q1 2026, from $30.0 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.
- A 5-year average of $21.8 million and a median of $20.7 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development jumped 391.98% in 2022 and declined 18.05% in 2023, its largest moves.
- Tracing LIND's Research & Development over 5 years: stood at $19.8 million in 2022, then decreased by 18.05% to $16.2 million in 2023, then advanced by 29.25% to $21.0 million in 2024, then jumped by 42.99% to $30.0 million in 2025, then increased by 19.81% to $35.9 million in 2026.
- Business Quant data shows LIND's Research & Development at $35.9 million in Q1 2026, $30.0 million in Q4 2025, and $30.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 240.00 Mn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | - |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 751.00 Mn |
| 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 | - |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 324.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | - |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 42.07 Mn |
| 10 | Lindblad Expeditions Holdings | 1.63 Bn | 1.34 Bn | 101.27 Mn | 35.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 4.96 Mn |