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

Norwegian Cruise Line Holdings' (NCLH) quarterly Change in Accured Expenses came in at -$31.2 million in Q1 2026, up 80.81% year-on-year from -$17.2 million in Q1 2025, and down 154.47% quarter-over-quarter from $57.3 million in Q4 2025.

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

Norwegian Cruise Line Holdings has disclosed Change in Accured Expenses across 15 years of filings, most recently posting -$31.2 million for Q1 2026.

  • Change in Accured Expenses for Q1 2026 came in at -$31.2 million, up 80.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $116.0 million (up 276.46% YoY), and the FY2025 annual result was -$15.3 million, down 123.47% from the prior year.
  • Change in Accured Expenses came in at -$31.2 million for Q1 2026 at Norwegian Cruise Line Holdings, down 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.
  • The 5-year median for Change in Accured Expenses is -$20.3 million (2022), against an average of $11.1 million.
  • Across the five-year window, Change in Accured Expenses jumped 1334.72% in 2022 and plunged 558.85% in 2023, its largest moves.
  • Norwegian Cruise Line Holdings' Change in Accured Expenses stood at $135.9 million in 2022, then sank by 58.06% to $57.0 million in 2023, then jumped by 58.81% to $90.5 million in 2024, then plunged by 36.74% to $57.3 million in 2025, then tumbled by 154.47% to -$31.2 million in 2026.
  • The last three Change in Accured Expenses figures came in at -$31.2 million (Q1 2026), $57.3 million (Q4 2025), and -$86.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 1.83 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 179.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -279.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - -296.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 1.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -31.19 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 123.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -98.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

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