Norwegian Cruise Line Holdings (NCLH) Capital Expenditures (2012 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly Capital Expenditures came in at $457.7 million in Q2 2026, up 37.18% year-over-year from $333.6 million in Q2 2025, and down 68.14% quarter-over-quarter from $1.4 billion in Q1 2026.
Analysis
Norwegian Cruise Line Holdings (NCLH) Capital Expenditures (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has disclosed Capital Expenditures across 15 years of filings, most recently posting $457.7 million for Q2 2026.
- In Q2 2026, Capital Expenditures rose 37.18% year-over-year to $457.7 million; the TTM figure through Jun 2026 stood at $3.3 billion (up 33.39% YoY), while the FY2025 annual figure was $3.3 billion, up 169.18% from the prior year.
- Capital Expenditures came in at $457.7 million for Q2 2026 at Norwegian Cruise Line Holdings, down from $1.4 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $1.5 billion in Q1 2025 to a low of $155.4 million in Q4 2022.
- Average Capital Expenditures over 5 years is $605.5 million, with a median of $402.8 million recorded in 2024.
- Year-over-year, Capital Expenditures slumped 67.39% in 2024 and surged 489.23% in 2025.
- Over 5 years, Capital Expenditures stood at $155.4 million in 2022, then jumped by 316.73% to $647.7 million in 2023, then sank by 62.41% to $243.4 million in 2024, then surged by 79.78% to $437.6 million in 2025, then gained by 4.58% to $457.7 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $457.7 million in Q2 2026, $1.4 billion in Q1 2026, and $437.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 2.74 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | -735.86 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 875.00 Mn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 457.69 Mn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 8.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 457.69 Mn |
| Mar 31, 2026 | 1.44 Bn |
| Dec 31, 2025 | 437.65 Mn |
| Sep 30, 2025 | 963.10 Mn |
| Jun 30, 2025 | 333.64 Mn |
| Mar 31, 2025 | 1.53 Bn |
| Dec 31, 2024 | 243.44 Mn |
| Sep 30, 2024 | 368.01 Mn |
| Jun 30, 2024 | 340.65 Mn |
| Mar 31, 2024 | 258.85 Mn |
| Dec 31, 2023 | 647.66 Mn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 736.51 Mn |
| Mar 31, 2023 | 237.68 Mn |
| Dec 31, 2022 | 155.42 Mn |
| Sep 30, 2022 | 1.30 Bn |
| Jun 30, 2022 | 161.02 Mn |
| Mar 31, 2022 | 165.28 Mn |
| Dec 31, 2021 | 213.31 Mn |
| Sep 30, 2021 | 230.05 Mn |