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

Norwegian Cruise Line Holdings (NCLH) reported Change in Inventory of $27.7 million for Q1 2026, up 350.76% on a YoY basis from $6.1 million in Q1 2025, and up 259.43% sequentially from -$17.3 million in Q4 2025.

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

Norwegian Cruise Line Holdings (NCLH) has 15 years of Change in Inventory data on file, last reported at $27.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory rose 350.76% year-over-year to $27.7 million; the trailing twelve-month figure through Mar 2026 stood at $10.5 million (up 887.91% YoY), and the FY2025 full-year result was -$11.0 million, down 58.62% from the prior year.
  • Change in Inventory rose to $27.7 million in Q1 2026, from -$17.3 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $27.7 million in Q1 2026 to a low of -$17.3 million in Q4 2025.
  • A 5-year average of $3.2 million and a median of $1.6 million in 2022 frame the typical range for Change in Inventory.
  • Peak annual rise in Change in Inventory reached 1086.65% in 2025, while the deepest fall reached 432.94% in 2025.
  • Tracing NCLH's Change in Inventory over 5 years: stood at -$4.8 million in 2022, then plunged by 48.11% to -$7.1 million in 2023, then soared by 173.61% to $5.2 million in 2024, then slumped by 432.94% to -$17.3 million in 2025, then soared by 259.43% to $27.7 million in 2026.
  • Business Quant data shows NCLH's Change in Inventory at $27.7 million in Q1 2026, -$17.3 million in Q4 2025, and -$5.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn -
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 7.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 2.83 Mn
6 Carnival 34.61 Bn 32.38 Bn - 45.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn -
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 27.65 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 27.65 Mn
Mar 31, 2026 27.65 Mn
Dec 31, 2025 -17.35 Mn
Dec 31, 2025 -17.35 Mn
Sep 30, 2025 -5.00 Mn
Sep 30, 2025 -5.00 Mn
Jun 30, 2025 5.18 Mn
Jun 30, 2025 5.18 Mn
Mar 31, 2025 6.14 Mn
Mar 31, 2025 6.14 Mn
Dec 31, 2024 5.21 Mn
Dec 31, 2024 5.21 Mn
Sep 30, 2024 -4.83 Mn
Sep 30, 2024 -4.83 Mn
Jun 30, 2024 -7.85 Mn
Jun 30, 2024 -7.85 Mn
Mar 31, 2024 517,000.00
Mar 31, 2024 517,000.00
Dec 31, 2023 -7.08 Mn
Dec 31, 2023 -7.08 Mn