Norwegian Cruise Line Holdings (NCLH) financial statements

+342.8%since 2011
FY2025 revenue
$9.8B▲ +3.7%
FY2025 net income
$423M▼ −53.5%
FY2025 diluted EPS
$0.92▼ −51.3%
FY2025 free cash flow
−$1.2B▼ −239.5%

Norwegian Cruise Line Holdings income statement

Norwegian Cruise Line Holdings income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue9,8289,4808,550
Operating income1,5611,466931
Pretax income429773163
Net income423910166
Diluted earnings per share0.921.890.39

Norwegian Cruise Line Holdings balance sheet

Norwegian Cruise Line Holdings balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents210191402
Total assets22,54119,97019,493
Total liabilities20,33218,54419,192
Total equity2,2101,425301
Long-term debt13,73011,77712,314

Norwegian Cruise Line Holdings cash flow statement

Norwegian Cruise Line Holdings cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow2,0902,0502,006
Capital expenditure-3,260-1,211-2,750
Free cash flow (derived)-1,170839-745

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)2,9472,6412,3312,244
Operating income (derived)624363233187
Net income (derived)49122310514
Diluted earnings per share1.070.480.23n/a
Operating cash flow (derived)292603811459
Total assets24,01324,01223,79522,541

Norwegian Cruise Line Holdings major shareholders

Norwegian Cruise Line Holdings major shareholders
HolderShare of classSharesFiled
Vanguard Capital Management7.4%33,612,10529 April 2026

Norwegian Cruise Line Holdings 10-K and SEC filings

Norwegian Cruise Line Holdings 10-K and SEC filings
FiledFormTypeDescription
30 October 20268-KCurrent reportFORM 8-K
29 October 202610-QQuarterly reportQuarterly report
29 October 20268-KCurrent reportFORM 8-K
29 October 20268-KCurrent reportCurrent report
15 October 20268-KCurrent reportFORM 8-K
30 September 20268-KCurrent reportFORM 8-K
3 August 202610-QQuarterly reportQuarterly report
30 July 20268-KCurrent reportFORM 8-K

Common questions

What was Norwegian Cruise Line Holdings' revenue in fiscal 2025?

Norwegian Cruise Line Holdings reported $9.8 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 3.7% from fiscal 2024.

What was Norwegian Cruise Line Holdings' net income in fiscal 2025?

Norwegian Cruise Line Holdings reported net income of $423 million for fiscal 2025, the year ended 31 December 2025, down 53.5% from fiscal 2024. Diluted earnings per share were $0.92.

What was Norwegian Cruise Line Holdings' free cash flow in fiscal 2025?

Norwegian Cruise Line Holdings had negative free cash flow of $1.2 billion in fiscal 2025. Operating cash flow was $2.1 billion and capital expenditure was $3.3 billion.

What were Norwegian Cruise Line Holdings' total assets at the end of fiscal 2025?

Norwegian Cruise Line Holdings reported total assets of $22.5 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Norwegian Cruise Line Holdings history does each plan include?

Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.