Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Norwegian Cruise Line Holdings Ltd. Revenue & Financial Statements
Norwegian Cruise Line Holdings Ltd. reported revenue of $9.8B for the fiscal year ended December 31, 2025, up 3.7% year over year, with net income of $423.2M and diluted EPS of $0.92.
- Company
- Norwegian Cruise Line Holdings Ltd. NCLH · NYSE
- Latest fiscal year
- FY ended Dec 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 648.0M | 4.8B | 8.5B | 9.5B | 9.8B |
| Cost of revenue | 1.6B | 4.3B | 5.5B | 5.7B | 5.6B |
| Gross profit | (960.1M) | 576.7M | 3.1B | 3.8B | 4.2B |
| Operating income | (2.6B) | (1.6B) | 930.9M | 1.5B | 1.6B |
| Pretax income | (4.5B) | (2.3B) | 163.2M | 772.9M | 26.9M |
| Net income | (4.5B) | (2.3B) | 166.2M | 910.3M | 423.2M |
| Diluted EPS | -12.33 | -5.41 | 0.39 | 1.89 | 0.92 |
| EBITDA | (1.9B) | (741.7M) | 1.8B | 2.4B | 2.7B |
Quarterly
| USD | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.2B | 2.4B | 2.8B | 2.1B | 2.1B | 2.5B | 2.9B | 2.2B |
| Cost of revenue | 1.4B | 1.5B | 1.5B | 1.3B | 1.3B | 1.5B | 1.6B | 1.3B |
| Gross profit | 803.8M | 917.7M | 1.3B | 801.8M | 823.6M | 1.1B | 1.4B | 920.9M |
| Operating income | 218.4M | 341.6M | 691.2M | 214.7M | 200.9M | 423.8M | 749.4M | 186.6M |
| Pretax income | 18.4M | 165.0M | 481.8M | 107.7M | (41.4M) | 30.6M | 433.6M | 5.9M |
| Net income | 17.4M | 163.4M | 474.9M | 254.5M | (40.3M) | 30.0M | 419.3M | 14.3M |
| Diluted EPS | 0.04 | 0.35 | 0.95 | 0.52 | -0.09 | 0.07 | 0.86 | 0.05 |
| EBITDA | 463.5M | 564.0M | 930.1M | 461.4M | 451.5M | 667.6M | 1.0B | 561.0M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 18.7B | 18.6B | 19.5B | 20.0B | 22.5B |
| Current assets | 3.3B | 1.9B | 1.3B | 1.0B | 1.1B |
| Cash & equivalents | 1.5B | 947.0M | 402.4M | 190.8M | 209.9M |
| Total liabilities | 16.3B | 18.5B | 19.2B | 18.5B | 20.3B |
| Current liabilities | 3.7B | 5.1B | 6.0B | 5.8B | 5.5B |
| Long-term debt | — | — | — | — | — |
| Total debt | — | — | — | — | — |
| Stockholders’ equity | 2.4B | 68.6M | 300.8M | 1.4B | 2.2B |
| Net debt | — | — | — | — | — |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | (2.5B) | 210.0M | 2.0B | 2.0B | 2.1B |
| Investing cash flow | (1.0B) | (1.8B) | (2.9B) | (1.2B) | (3.3B) |
| Financing cash flow | 1.7B | 986.2M | 346.9M | (1.0B) | 1.2B |
| Capital expenditure | 752.8M | 1.8B | 2.8B | 1.2B | 3.3B |
| Free cash flow | (3.2B) | (1.6B) | (744.6M) | 838.9M | (1.2B) |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 124.1M | 113.6M | 118.9M | 91.8M | 88.4M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
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