Norwegian Cruise Line Holdings Ltd.

cruise holding company

NCLH NYSE SEC CIK 1513761
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $2.6B +4.9% vs same quarter last year
Net income $222.6M +642% vs same quarter last year
EPS, diluted $0.48 +585.7% vs same quarter last year
Operating cash flow $602.6M −15.7% vs same quarter last year
Revenue by quarter
$2.8B
$2.1B
$2.1B
$2.5B
$2.9B
$2.2B
$2.3B
$2.6B
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income15 fiscal years
  • Revenue
  • Net income
−$5B$0$5B$10BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearRevenueNet income
FY25$9.8B$423.2M
FY24$9.5B$910.3M
FY23$8.5B$166.2M
FY22$4.8B−$2.3B
FY21$648M−$4.5B
FY20$1.3B−$4B
FY19$6.5B$930.2M
FY18$6.1B$954.8M
FY17$5.4B$759.9M
FY16$4.9B$633.1M
FY15$4.3B$427.1M
FY14$3.1B$338.4M
FY13$2.6B$101.7M
FY12$2.3B$168.6M
FY11$2.2B$126.9M
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
−800%−600%−400%−200%0%200%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearGross marginOperating marginNet margin
FY2542.6%15.9%4.3%
FY2440%15.5%9.6%
FY2336%10.9%1.9%
FY2211.9%−32%−46.9%
FY21−148.2%−393.9%−695.5%
FY20−32.3%−272.2%−313.5%
FY1943.3%18.2%14.4%
FY18-20.1%15.8%
FY17-19.4%14.1%
FY16-19%13%
FY15-16.2%9.8%
FY14-16.1%10.8%
FY1335.5%15.4%4%
FY1235%15.7%7.4%
FY1133.9%14.2%5.7%
Free cash flowOperating cash flow minus capital expenditure
−$4B−$2B$0$2BFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearFree cash flow
FY25−$1.2B
FY24$838.9M
FY23−$744.6M
FY22−$1.6B
FY21−$3.2B
FY20−$3.5B
FY19$185.4M
FY18$508.4M
FY17$229M
FY16$172M
FY15−$79.8M
FY14−$329M
FY13−$402M
FY12$94.8M
FY11$172.2M
Returned to shareholdersDividends paid and shares bought back
$0$200M$400M$600M$800MFY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearBuybacks
FY25-
FY24-
FY23-
FY22-
FY21-
FY20-
FY19$349.9M
FY18$664.8M
FY17-
FY16$50M
FY15$107.3M
FY14$82M
FY13-
FY12-
FY11-
Net margin vs the sectorMedian of Industrials companies filing with the SEC
  • Norwegian Cruise Line Holdings Ltd.
  • Industrials median
−800%−600%−400%−200%0%200%FY11FY13FY15FY17FY19FY21FY23FY25
Show the numbers
YearNorwegian Cruise Line Holdings Ltd.Industrials median
FY254.3%4.7%
FY249.6%5.5%
FY231.9%5.1%
FY22−46.9%4.3%
FY21−695.5%4.5%
FY20−313.5%−0.3%
FY1914.4%4%
FY1815.8%3.5%
FY1714.1%3.6%
FY1613%3.5%
FY159.8%4%
FY1410.8%4.3%
FY134%4.5%
FY127.4%3.9%
FY115.7%3.7%

News

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