Norwegian Cruise Line Holdings NCLH
NYSE NCLH
$15.39 -0.18 (-1.17%)
As of: Sep 8, 2026 · 3:59 PM EDT

Norwegian Cruise Line Holdings (NCLH) Cost of Revenue (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Cost of Revenue came in at $1.6 billion in Q2 2026, up 8.92% year-over-year from $1.5 billion in Q2 2025, and up 15.16% quarter-over-quarter from $1.4 billion in Q1 2026.

Analysis

Norwegian Cruise Line Holdings (NCLH) Cost of Revenue (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed Cost of Revenue across 15 years of filings, most recently posting $1.6 billion for Q2 2026.

  • In Q2 2026, Cost of Revenue rose 8.92% year-over-year to $1.6 billion; the TTM figure through Jun 2026 stood at $5.8 billion (up 4.2% YoY), while the FY2025 annual figure was $5.6 billion, down 0.87% from the prior year.
  • Cost of Revenue came in at $1.6 billion for Q2 2026 at Norwegian Cruise Line Holdings, up from $1.4 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $1.6 billion in Q2 2026 to a low of $735.4 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $1.3 billion, with a median of $1.4 billion recorded in 2025.
  • Year-over-year, Cost of Revenue jumped 329.8% in 2022 and retreated 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 advanced by 19.89% to $1.6 billion in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $1.6 billion in Q2 2026, $1.4 billion in Q1 2026, and $1.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 2.55 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 1.19 Bn
3 Carnival 32.12 Bn 29.88 Bn - -
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 1.59 Bn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 102.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.59 Bn
Mar 31, 2026 1.38 Bn
Dec 31, 2025 1.32 Bn
Sep 30, 2025 1.55 Bn
Jun 30, 2025 1.46 Bn
Mar 31, 2025 1.30 Bn
Dec 31, 2024 1.31 Bn
Sep 30, 2024 1.54 Bn
Jun 30, 2024 1.45 Bn
Mar 31, 2024 1.39 Bn
Dec 31, 2023 1.32 Bn
Sep 30, 2023 1.48 Bn
Jun 30, 2023 1.38 Bn
Mar 31, 2023 1.28 Bn
Dec 31, 2022 1.22 Bn
Sep 30, 2022 1.24 Bn
Jun 30, 2022 1.07 Bn
Mar 31, 2022 735.41 Mn
Dec 31, 2021 717.70 Mn
Sep 30, 2021 439.76 Mn