Norwegian Cruise Line Holdings (NCLH) Change in Accured Expenses (2012 - 2026)

Norwegian Cruise Line Holdings (NCLH) reported Change in Accured Expenses of -$31.2 million for Q1 2026, up 80.81% on a YoY basis from -$17.2 million in Q1 2025, and down 154.47% sequentially from $57.3 million in Q4 2025.

Norwegian Cruise Line Holdings (NCLH) Change in Accured Expenses (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings (NCLH) has 15 years of Change in Accured Expenses data on file, last reported at -$31.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Accured Expenses rose 80.81% year-over-year to -$31.2 million; the trailing twelve-month figure through Mar 2026 stood at $116.0 million (up 276.46% YoY), and the FY2025 full-year result was -$15.3 million, down 123.47% from the prior year.
  • Change in Accured Expenses declined to -$31.2 million in Q1 2026, from $57.3 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $176.6 million in Q2 2025 to a low of -$168.6 million in Q1 2023.
  • A 5-year average of $11.1 million and a median of -$20.3 million in 2022 frame the typical range for Change in Accured Expenses.
  • Across the five-year window, Change in Accured Expenses jumped 1334.72% in 2022 and slumped 558.85% in 2023, its largest moves.
  • Tracing NCLH's Change in Accured Expenses over 5 years: stood at $135.9 million in 2022, then slumped by 58.06% to $57.0 million in 2023, then soared by 58.81% to $90.5 million in 2024, then sank by 36.74% to $57.3 million in 2025, then plunged by 154.47% to -$31.2 million in 2026.
  • Business Quant data shows NCLH's Change in Accured Expenses at -$31.2 million in Q1 2026, $57.3 million in Q4 2025, and -$86.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Booking Holdings 144.37 Bn 128.34 Bn 3.46 Bn 1.83 Bn
2 Airbnb 86.53 Bn 74.52 Bn 2.10 Bn 179.00 Mn
3 Royal Caribbean Cruises 80.59 Bn 79.85 Bn 2.21 Bn -279.00 Mn
4 Yatra Online 56.96 Bn 56.94 Bn 10.44 Mn -
5 Viking Holdings 45.51 Bn 41.71 Bn 713.43 Mn -
6 Carnival 37.60 Bn 35.36 Bn - 203.00 Mn
7 Expedia 32.92 Bn 30.42 Bn 3.05 Bn 1.00 Mn
8 Trip.com 28.93 Bn 17.23 Bn 1.86 Bn -
9 Norwegian Cruise Line Holdings 9.13 Bn 8.94 Bn 953.34 Mn -31.19 Mn
10 MakeMyTrip 5.24 Bn 4.81 Bn 199.14 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -31.19 Mn
Mar 31, 2026 -31.19 Mn
Dec 31, 2025 57.26 Mn
Dec 31, 2025 57.26 Mn
Sep 30, 2025 -86.66 Mn
Sep 30, 2025 -86.66 Mn
Jun 30, 2025 176.56 Mn
Jun 30, 2025 176.56 Mn
Mar 31, 2025 -162.49 Mn
Mar 31, 2025 -162.49 Mn
Dec 31, 2024 90.50 Mn
Dec 31, 2024 90.50 Mn
Sep 30, 2024 -81.59 Mn
Sep 30, 2024 -81.59 Mn
Jun 30, 2024 87.86 Mn
Jun 30, 2024 87.86 Mn
Mar 31, 2024 -31.42 Mn
Mar 31, 2024 -31.42 Mn
Dec 31, 2023 56.99 Mn
Dec 31, 2023 56.99 Mn