Norwegian Cruise Line Holdings (NCLH) Change in Receivables (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) posted Change in Receivables of -$13.7 million for Q1 2026, down 132.81% sequentially from $41.7 million in Q4 2025, and down 127.26% YoY from $50.2 million in Q1 2025.
Norwegian Cruise Line Holdings (NCLH) Change in Receivables (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has reported Change in Receivables for 15 years, with the latest figure at -$13.7 million in Q1 2026.
- Quarterly Change in Receivables fell 127.26% year-over-year to -$13.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.9 million (up 414.25% YoY) and the FY2025 annual result came in at $73.8 million, up 249.61% from the prior year.
- Change in Receivables fell to -$13.7 million in Q1 2026 per NCLH's latest filing, from $41.7 million in the prior quarter.
- Over five years, Change in Receivables peaked at $52.6 million in Q2 2022 and troughed at -$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.
- The sharpest annual moves came in 2022 and 2025: Change in Receivables tumbled 23470.58% in 2022, then soared 1139.39% in 2025.
- Over 5 years, Change in Receivables stood at -$63.0 million in 2022, then soared by 164.18% to $40.4 million in 2023, then tumbled by 43.0% to $23.0 million in 2024, then soared by 81.1% to $41.7 million in 2025, then sank by 132.81% to -$13.7 million in 2026.
- According to Business Quant data, Change in Receivables over the past three periods registered -$13.7 million, $41.7 million, and -$14.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.69 Bn | 140.47 Bn | 4.98 Bn | 950.00 Mn |
| 2 | Airbnb | 106.27 Bn | 94.20 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 80.62 Bn | 79.70 Bn | 2.29 Bn | -35.00 Mn |
| 4 | Viking Holdings | 44.61 Bn | 40.81 Bn | 713.43 Mn | - |
| 5 | Expedia | 38.52 Bn | 31.39 Bn | 3.91 Bn | 648.00 Mn |
| 6 | Carnival | 38.14 Bn | 35.89 Bn | - | -25.00 Mn |
| 7 | Trip.com | 29.07 Bn | 17.37 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.38 Bn | 8.16 Bn | 1.05 Bn | 4.14 Mn |
| 9 | MakeMyTrip | 5.80 Bn | 5.03 Bn | 212.91 Mn | - |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | -36.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.14 Mn |
| Jun 30, 2026 | 4.14 Mn |
| 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 |