Norwegian Cruise Line Holdings (NCLH) Accumulated Expenses (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) posted Accumulated Expenses of $1.3 billion for Q2 2026, up 3.2% from $1.25 billion a year earlier and up 13.8% from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Accumulated Expenses (2012 - 2026) Analysis & Trends
At the end of FY2025, Norwegian Cruise Line Holdings' Accumulated Expenses came in at $1.21 billion, up 2.2% from FY2024.
- Annual Accumulated Expenses shows a five-year compound annual growth rate of 15.1% (FY2020 to FY2025).
- In prior years, Norwegian Cruise Line Holdings' Accumulated Expenses was $1.18 billion in FY2024 (+11.4%), $1.06 billion in FY2023 (-19.7%), $1.32 billion in FY2022 (+24.5%) and $1.06 billion in FY2021 (+77.7%).
- The Q2 2026 figure stands as the highest quarterly Accumulated Expenses since Q4 2022.
- On a year-over-year basis, Accumulated Expenses has increased in each of the last eight quarters, with growth averaging 5.8% over the last eight quarters.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q2 2022, with growth of 152.7%; the weakest was Q2 2023, with a decline of 24.9%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $1.14 billion (Q1 2026), $1.21 billion (Q4 2025) and $1.13 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.52 Bn | 90.57 Bn | 1.55 Bn |
| 2 | Royal Caribbean Cruises | 72.24 Bn | 69.82 Bn | 2.29 Bn |
| 3 | Hilton Worldwide Holdings | 71.21 Bn | 67.69 Bn | 3.08 Bn |
| 4 | Viking Holdings | 35.26 Bn | 20.39 Bn | 996.62 Mn |
| 5 | Carnival | 33.74 Bn | 26.94 Bn | - |
| 6 | Intercontinental Hotels | 26.60 Bn | 22.16 Bn | - |
| 7 | Trip.com | 25.18 Bn | -20.37 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.18 Bn | 12.66 Bn | 388.00 Mn |
| 9 | H World | 12.91 Bn | 3.84 Bn | - |
| 10 | Norwegian Cruise Line Holdings | 6.72 Bn | 5.94 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.30 Bn |
| Mar 31, 2026 | 1.14 Bn |
| Dec 31, 2025 | 1.21 Bn |
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 1.25 Bn |
| Mar 31, 2025 | 1.05 Bn |
| Dec 31, 2024 | 1.18 Bn |
| Sep 30, 2024 | 1.07 Bn |
| Jun 30, 2024 | 1.15 Bn |
| Mar 31, 2024 | 1.02 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.04 Bn |
| Jun 30, 2023 | 1.20 Bn |
| Mar 31, 2023 | 1.11 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.22 Bn |
| Jun 30, 2022 | 1.60 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.06 Bn |
| Sep 30, 2021 | 860.86 Mn |
API Access
Norwegian Cruise Line Holdings Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NCLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();