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
DateValue
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