Norwegian Cruise Line Holdings (NCLH) Cost of Revenue (2016 - 2026)

Norwegian Cruise Line Holdings has reported Cost of Revenue over the past 15 years, most recently at $1.4 billion for Q1 2026.

• Cost of Revenue reached $1.4 billion in Q1 2026 per NCLH's latest filing, up from $1.3 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.6 billion in Q3 2025 and bottomed at $735.4 million in Q1 2022.
• Median Cost of Revenue over the past 5 years was $1.3 billion (2025), compared with a mean of $1.3 billion.
• The largest annual shift saw Cost of Revenue soared 329.8% in 2022 before it fell 6.02% in 2025.
• Over 5 years, Cost of Revenue stood at $1.2 billion in 2022, then increased by 8.39% to $1.3 billion in 2023, then decreased by 1.08% to $1.3 billion in 2024, then increased by 1.22% to $1.3 billion in 2025, then rose by 4.11% to $1.4 billion in 2026.
• Business Quant data shows Cost of Revenue for NCLH at $1.4 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.6 billion in Q3 2025.

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