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
DateValue
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