Lindblad Expeditions Holdings (LIND) Research & Development (2014 - 2026)

Lindblad Expeditions Holdings (LIND) posted Research & Development of $35.9 million for Q1 2026, up 19.81% sequentially from $30.0 million in Q4 2025, and up 27.24% YoY from $28.2 million in Q1 2025.

Lindblad Expeditions Holdings (LIND) Research & Development (2014 - 2026) Analysis & Trends

Lindblad Expeditions Holdings has reported Research & Development for 13 years, with the latest figure at $35.9 million in Q1 2026.

  • Quarterly Research & Development rose 27.24% year-over-year to $35.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $122.4 million (up 32.33% YoY) and the FY2025 annual result came in at $114.7 million, up 31.83% from the prior year.
  • Research & Development climbed to $35.9 million in Q1 2026 per LIND's latest filing, from $30.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $35.9 million in Q1 2026 and troughed at $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.
  • The sharpest annual moves came in 2022 and 2023: Research & Development soared 391.98% in 2022, then retreated 18.05% in 2023.
  • Over 5 years, Research & Development stood at $19.8 million in 2022, then declined by 18.05% to $16.2 million in 2023, then increased by 29.25% to $21.0 million in 2024, then jumped by 42.99% to $30.0 million in 2025, then advanced by 19.81% to $35.9 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $35.9 million, $30.0 million, and $30.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Booking Holdings 157.63 Bn 140.41 Bn 4.98 Bn 263.00 Mn
2 Airbnb 106.16 Bn 94.09 Bn 2.98 Bn 875.00 Mn
3 Royal Caribbean Cruises 81.03 Bn 80.11 Bn 2.29 Bn -
4 Viking Holdings 44.28 Bn 40.47 Bn 713.43 Mn -
5 Carnival 38.41 Bn 36.17 Bn - -
6 Expedia 38.31 Bn 31.18 Bn 3.91 Bn 2.12 Bn
7 Trip.com 29.06 Bn 17.36 Bn 1.86 Bn -543.00 Mn
8 Norwegian Cruise Line Holdings 8.36 Bn 8.15 Bn 1.05 Bn -
9 MakeMyTrip 5.80 Bn 5.03 Bn 212.91 Mn 48.79 Mn
10 Lindblad Expeditions Holdings 2.15 Bn 1.79 Bn 96.64 Mn 32.02 Mn

Historic Data

Download Data
DateValue
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