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

Norwegian Cruise Line Holdings (NCLH) has 15 years of Cost of Revenue data on file, last reported at $1.4 billion in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 5.67% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $5.7 billion (up 1.92% YoY), and the FY2025 full-year result was $5.6 billion, down 0.87% from the prior year.
• Cost of Revenue improved to $1.4 billion in Q1 2026, from $1.3 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.6 billion in Q3 2025 to a low of $735.4 million in Q1 2022.
• A 5-year average of $1.3 billion and a median of $1.3 billion in 2025 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue soared 329.8% in 2022 and fell 6.02% in 2025, its largest moves.
• Tracing NCLH's Cost of Revenue over 5 years: stood at $1.2 billion in 2022, then grew by 8.39% to $1.3 billion in 2023, then retreated by 1.08% to $1.3 billion in 2024, then grew by 1.22% to $1.3 billion in 2025, then advanced by 4.11% to $1.4 billion in 2026.
• Business Quant data shows NCLH's Cost of Revenue at $1.4 billion in Q1 2026, $1.3 billion in Q4 2025, and $1.6 billion in Q3 2025.