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Form 8-K · Current Report · Filed 2026-03-02

Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2025 Financial Results

Norwegian Cruise Line Holdings Ltd. reported a 3.7% increase in total revenue to $9.8 billion for 2025, with GAAP net income of $423.2 million and EPS of $0.92. Adjusted EBITDA grew 11% to $2.73 billion, and Adjusted EPS increased 19% to $2.11. The company provided guidance for 2026 with expected Adjusted EPS of $2.38. John W. Chidsey was appointed as the new President and CEO in February 2026, highlighting a focus on improving execution and cross-functional alignment.

Filer
Norwegian Cruise Line Holdings Ltd. NCLH · NYSE
Filed
Accession
0001171843-26-001220
CIK
0001513761
Signal
High impactConsumer Cyclical

Items reported

Item events

Reported Item

Financial Instrument Agreement General Statement Key Executive Appointment Regulatory Approval

Market reaction

Close before filing

$24.79

Next session

-14.2%

Since filing

-25.3%

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:

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.

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