Lindblad Expeditions Holdings, Inc. (LIND) stock
LINDNasdaqTransportation ServicesFiscal year ends December 31
$34.55+0.42 (+1.23%)
Close on Nov 13, 2026Market cap $2.27BP/E –Yield –
Lindblad Expeditions gross margin
Gross margin is gross profit as a percentage of revenue.
Lindblad Expeditions's gross margin for the twelve months ending Jun 30, 2026 was 46.6%. For fiscal 2025 it was 45.8%, against 43.8% the year before. The highest annual figure on record is 54.6% in fiscal 2014.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 45.8% | +2.0 |
| FY2024 | Dec 31, 2024 | 43.8% | +3.1 |
| FY2023 | Dec 31, 2023 | 40.6% | +7.8 |
| FY2022 | Dec 31, 2022 | 32.8% | +17.4 |
| FY2021 | Dec 31, 2021 | 15.4% | +3.9 |
| FY2020 | Dec 31, 2020 | 11.4% | −40.0 |
| FY2019 | Dec 31, 2019 | 51.4% | +1.1 |
| FY2018 | Dec 31, 2018 | 50.4% | +1.2 |
| FY2017 | Dec 31, 2017 | 49.1% | −1.8 |
| FY2016 | Dec 31, 2016 | 50.9% | −3.7 |
| FY2015 | Dec 31, 2015 | 54.6% | −0.1 |
| FY2014 | Dec 31, 2014 | 54.6% | +4.9 |
| FY2013 | Dec 31, 2013 | 49.7% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 48.5% | +2.9 |
| Q1 FY2026 | Mar 31, 2026 | 48.7% | +0.3 |
| Q4 FY2025 | Dec 31, 2025 | 40.3% | −2.3 |
| Q3 FY2025 | Sep 30, 2025 | 48.2% | +1.5 |
| Q2 FY2025 | Jun 30, 2025 | 45.6% | +6.4 |
| Q1 FY2025 | Mar 31, 2025 | 48.3% | +3.3 |
| Q4 FY2024 | Dec 31, 2024 | 42.5% | +16.7 |
| Q3 FY2024 | Sep 30, 2024 | 46.7% | +1.0 |
| Q2 FY2024 | Jun 30, 2024 | 39.2% | +1.5 |
| Q1 FY2024 | Mar 31, 2024 | 45.0% | −4.7 |
| Q4 FY2023 | Dec 31, 2023 | 25.9% | −10.4 |
| Q3 FY2023 | Sep 30, 2023 | 45.7% | +6.2 |
| Q2 FY2023 | Jun 30, 2023 | 37.8% | +6.5 |
| Q1 FY2023 | Mar 31, 2023 | 49.8% | +35.2 |
| Q4 FY2022 | Dec 31, 2022 | 36.3% | +14.4 |
| Q3 FY2022 | Sep 30, 2022 | 39.5% | +10.2 |
| Q2 FY2022 | Jun 30, 2022 | 31.3% | +58.3 |
| Q1 FY2022 | Mar 31, 2022 | 14.6% | +379.7 |
| Q4 FY2021 | Dec 31, 2021 | 21.9% | +2646.0 |
| Q3 FY2021 | Sep 30, 2021 | 29.3% | +721.8 |
| Q2 FY2021 | Jun 30, 2021 | -27.0% | −75.1 |
| Q1 FY2021 | Mar 31, 2021 | -365.1% | −410.0 |
| Q4 FY2020 | Dec 31, 2020 | -2624.1% | −2676.3 |
| Q3 FY2020 | Sep 30, 2020 | -692.4% | −743.5 |
| Q1 FY2020 | Mar 31, 2020 | 48.1% | −8.4 |
| Q4 FY2019 | Dec 31, 2019 | 44.9% | +0.3 |
| Q3 FY2019 | Sep 30, 2019 | 52.2% | +3.7 |
| Q2 FY2019 | Jun 30, 2019 | 51.1% | −0.3 |
| Q1 FY2019 | Mar 31, 2019 | 56.5% | +0.0 |
| Q4 FY2018 | Dec 31, 2018 | 44.6% | +1.2 |
| Q3 FY2018 | Sep 30, 2018 | 48.5% | −6.0 |
| Q2 FY2018 | Jun 30, 2018 | 51.3% | +3.0 |
| Q1 FY2018 | Mar 31, 2018 | 56.5% | +8.1 |
| Q4 FY2017 | Dec 31, 2017 | 43.5% | +0.2 |
| Q3 FY2017 | Sep 30, 2017 | 54.5% | +0.4 |
| Q2 FY2017 | Jun 30, 2017 | 48.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 48.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 43.2% | – |
| Q3 FY2016 | Sep 30, 2016 | 54.2% | – |
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