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

Norwegian Cruise Line Holdings' (NCLH) quarterly Change in Receivables came in at -$13.7 million in Q1 2026, down 127.26% year-on-year from $50.2 million in Q1 2025, and down 132.81% quarter-over-quarter from $41.7 million in Q4 2025.

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

Norwegian Cruise Line Holdings has disclosed Change in Receivables across 15 years of filings, most recently posting -$13.7 million for Q1 2026.

  • Change in Receivables for Q1 2026 came in at -$13.7 million, down 127.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.9 million (up 414.25% YoY), and the FY2025 annual result was $73.8 million, up 249.61% from the prior year.
  • Change in Receivables came in at -$13.7 million for Q1 2026 at Norwegian Cruise Line Holdings, down 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.
  • The 5-year median for Change in Receivables is -$5.7 million (2024), against an average of -$50.4 million.
  • Across the five-year window, Change in Receivables tumbled 23470.58% in 2022 and jumped 1139.39% in 2025, its largest moves.
  • Norwegian Cruise Line Holdings' Change in Receivables stood at -$63.0 million in 2022, then jumped by 164.18% to $40.4 million in 2023, then tumbled by 43.0% to $23.0 million in 2024, then jumped by 81.1% to $41.7 million in 2025, then sank by 132.81% to -$13.7 million in 2026.
  • The last three Change in Receivables figures came in at -$13.7 million (Q1 2026), $41.7 million (Q4 2025), and -$14.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -155.00 Mn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 173.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - -17.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 1.01 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -13.69 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 151.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -18.00 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 -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