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

Norwegian Cruise Line Holdings (NCLH) reported Change in Receivables of -$13.7 million for Q1 2026, down 127.26% on a YoY basis from $50.2 million in Q1 2025, and down 132.81% sequentially from $41.7 million in Q4 2025.

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

Norwegian Cruise Line Holdings (NCLH) has 15 years of Change in Receivables data on file, last reported at -$13.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables fell 127.26% year-over-year to -$13.7 million; the trailing twelve-month figure through Mar 2026 stood at $9.9 million (up 414.25% YoY), and the FY2025 full-year result was $73.8 million, up 249.61% from the prior year.
  • Change in Receivables fell to -$13.7 million in Q1 2026, from $41.7 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $52.6 million in Q2 2022 to a low of -$618.9 million in Q1 2022.
  • A 5-year average of -$50.4 million and a median of -$5.7 million in 2024 frame the typical range for Change in Receivables.
  • Across the five-year window, Change in Receivables sank 23470.58% in 2022 and jumped 1139.39% in 2025, its largest moves.
  • Tracing NCLH's Change in Receivables over 5 years: stood at -$63.0 million in 2022, then soared by 164.18% to $40.4 million in 2023, then plunged by 43.0% to $23.0 million in 2024, then soared by 81.1% to $41.7 million in 2025, then slumped by 132.81% to -$13.7 million in 2026.
  • Business Quant data shows NCLH's Change in Receivables at -$13.7 million in Q1 2026, $41.7 million in Q4 2025, and -$14.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn -155.00 Mn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 173.00 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 -
6 Carnival 34.61 Bn 32.38 Bn - -25.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 1.01 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn -13.69 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 151.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -13.69 Mn
Mar 31, 2026 -13.69 Mn
Dec 31, 2025 41.72 Mn
Dec 31, 2025 41.72 Mn
Sep 30, 2025 -14.71 Mn
Sep 30, 2025 -14.71 Mn
Jun 30, 2025 -3.47 Mn
Jun 30, 2025 -3.47 Mn
Mar 31, 2025 50.22 Mn
Mar 31, 2025 50.22 Mn
Dec 31, 2024 23.04 Mn
Dec 31, 2024 23.04 Mn
Sep 30, 2024 -5.67 Mn
Sep 30, 2024 -5.67 Mn
Jun 30, 2024 -70.72 Mn
Jun 30, 2024 -70.72 Mn
Mar 31, 2024 4.05 Mn
Mar 31, 2024 4.05 Mn
Dec 31, 2023 40.42 Mn
Dec 31, 2023 40.42 Mn