Norwegian Cruise Line Holdings revenue and financials

NCLH · NYSE · USD

$15.51+4.30%+$0.64

Close · October 6, 2026

In the fiscal year ended December 2025, Norwegian Cruise Line Holdings reported revenue of $9.83B (+3.67% year over year). Net income was $423.25M, a net margin of 4.3%.

Annual revenue · 2025: $9.83B
  1. $4.87B2016
  2. $5.4B2017
  3. $6.06B2018
  4. $6.46B2019
  5. $1.28B2020
  6. $647.99M2021
  7. $4.84B2022
  8. $8.55B2023
  9. $9.48B2024
  10. $9.83B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+3.67%
2025 vs 2024
Net income growth
−53.50%
2025 vs 2024
Net margin
4.3%
2024: 9.6%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total revenue2,6412,3312,2442,9382,5172,1282,1092,8072,3722,1911,9862,536
Cost of revenue1,5871,3781,3241,5551,4571,3041,3081,5391,4551,3871,3221,483
Gross profit1,0549539211,3831,0618248021,2689188046651,053
Selling, general and administrative412448381383393391361358354363328325
Operating income371245187749424201215691342218124523
EBIT371245187749424201215691342218124523
EBITDA6425064461,000668432443910564441337728
Interest expense171166170174168168175175178189192181
Pre-tax income2261085.943430.6-41.410848216518.4-108354
Income tax3.43.0-8.414.30.6-1.1-1476.91.51.0-1.88.3
Net income22310514.341930.0-40.325547516317.4-106346
Net income to common shareholders22310514.341930.0-40.325547516317.4-106346
Basic EPS0.480.230.030.930.07-0.090.581.080.380.04-0.250.81
Diluted EPS0.480.23-0.010.860.07-0.090.520.950.350.04-0.280.71
Average shares (basic)459457455451447441440440435427425425
Average shares (diluted)464466460496448441518515514431425512