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Form 8-K · Current Report · Filed 2025-04-30

Norwegian Cruise Line Holdings Ltd. Reports Solid First Quarter 2025 Performance

Norwegian Cruise Line Holdings Ltd. reported a GAAP net loss of $40.3 million for the first quarter of 2025, with an EPS of ($0.09). Adjusted EBITDA was $453 million, above guidance, and Adjusted EPS was $0.07. The company maintained its full-year 2025 profitability guidance despite softening in its 12-month forward booked position. Total revenue was $2.1 billion, down 3% from the prior year due to a 2% decline in Capacity Days. Gross margin per Capacity Day increased by 5% on a reported basis and 7% on a Constant Currency basis. Norwegian Cruise Line Holdings Ltd. also announced the execution of long-term charter agreements for four vessels and plans to expand amenities at Great Stirrup Cay.

Filer
Norwegian Cruise Line Holdings Ltd. NCLH · NYSE
Filed
Accession
0001171843-25-002625
CIK
0001513761
Signal
Low impactConsumer Cyclical

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$17.38

Next session

-6.4%

Since filing

+6.6%

Latest close

$18.53

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from NCLH reporting the same item, with the next session's move:

Exhibits (1)

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. is a prominent player in the travel and leisure industry, primarily focused on delivering unique and memorable cruise experiences. The company operates under three brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, offering a diverse range of itineraries across the globe. Its cruises cater to various customer preferences, from budget-friendly expeditions to luxurious, all-inclusive experiences. Norwegian's state-of-the-art fleet is renowned for its comfortable accommodations, innovative onboard entertainment, and diverse dining options. By continually enhancing vacation experiences, the company plays a significant role in the global tourism sector. As a publicly traded entity, Norwegian Cruise Line Holdings Ltd. reflects trends in consumer preferences and economic conditions, influencing and responding to changes in the broader leisure travel market. Its operations are intricately linked to macroeconomic factors like discretionary consumer spending and fuel prices, positioning it as a bellwether for travel industry health.

Exchange NYSE Industry Travel Services Company website ↗

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