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

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

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

Norwegian Cruise Line Holdings has reported Change in Accured Expenses for 15 years, with the latest figure at -$31.2 million in Q1 2026.

  • Quarterly Change in Accured Expenses rose 80.81% year-over-year to -$31.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $116.0 million (up 276.46% YoY) and the FY2025 annual result came in at -$15.3 million, down 123.47% from the prior year.
  • Change in Accured Expenses declined to -$31.2 million in Q1 2026 per NCLH's latest filing, from $57.3 million in the prior quarter.
  • Over five years, Change in Accured Expenses peaked at $176.6 million in Q2 2025 and troughed at -$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.
  • The sharpest annual moves came in 2022 and 2023: Change in Accured Expenses soared 1334.72% in 2022, then plunged 558.85% in 2023.
  • Over 5 years, Change in Accured Expenses stood at $135.9 million in 2022, then sank by 58.06% to $57.0 million in 2023, then soared 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.
  • According to Business Quant data, Change in Accured Expenses over the past three periods registered -$31.2 million, $57.3 million, and -$86.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Accured Exp. (Qtr)
1 Booking Holdings 158.84 Bn 141.63 Bn 4.98 Bn 2.38 Bn
2 Airbnb 106.75 Bn 94.68 Bn 2.98 Bn -68.00 Mn
3 Royal Caribbean Cruises 81.28 Bn 80.36 Bn 2.29 Bn 172.00 Mn
4 Viking Holdings 44.69 Bn 40.89 Bn 713.43 Mn -
5 Expedia 39.05 Bn 31.92 Bn 3.91 Bn 281.00 Mn
6 Carnival 38.37 Bn 36.13 Bn - 203.00 Mn
7 Trip.com 29.13 Bn 17.43 Bn 1.86 Bn -
8 Norwegian Cruise Line Holdings 8.47 Bn 8.25 Bn 1.05 Bn 121.11 Mn
9 MakeMyTrip 5.83 Bn 5.05 Bn 212.91 Mn -
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn 6.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 121.11 Mn
Jun 30, 2026 121.11 Mn
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