Norwegian Cruise Line Holdings (NCLH) Current Deferred Revenue (2012 - 2026)

Norwegian Cruise Line Holdings (NCLH) posted Current Deferred Revenue of $2.8 billion for Q1 2026, up 21.74% sequentially from $2.3 billion in Q4 2025, and little changed YoY from $2.8 billion in Q1 2025.

Norwegian Cruise Line Holdings (NCLH) Current Deferred Revenue (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has reported Current Deferred Revenue for 15 years, with the latest figure at $2.8 billion in Q1 2026.

  • Quarterly Current Deferred Revenue changed 0.0% year-over-year to $2.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.8 billion (changed 0.0% YoY) and the FY2025 annual result came in at $2.3 billion, up 4.55% from the prior year.
  • Current Deferred Revenue climbed to $2.8 billion in Q1 2026 per NCLH's latest filing, from $2.3 billion in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $3.6 billion in Q1 2024 and troughed at $1.0 million in Q1 2022.
  • A 5-year average of $2.6 billion and a median of $2.8 billion in 2025 frame the typical range for Current Deferred Revenue.
  • The sharpest annual moves came in 2022 and 2023: Current Deferred Revenue slumped 96.59% in 2022, then jumped 317602.6% in 2023.
  • Over 5 years, Current Deferred Revenue stood at $1.7 billion in 2022, then jumped by 80.04% to $3.1 billion in 2023, then dropped by 28.12% to $2.2 billion in 2024, then increased by 4.55% to $2.3 billion in 2025, then gained by 21.74% to $2.8 billion in 2026.
  • According to Business Quant data, Current Deferred Revenue over the past three periods registered $2.8 billion, $2.3 billion, and $2.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Booking Holdings 157.69 Bn 140.47 Bn 4.98 Bn
2 Airbnb 106.27 Bn 94.20 Bn 2.98 Bn
3 Royal Caribbean Cruises 80.62 Bn 79.70 Bn 2.29 Bn
4 Viking Holdings 44.61 Bn 40.81 Bn 713.43 Mn
5 Expedia 38.52 Bn 31.39 Bn 3.91 Bn
6 Carnival 38.14 Bn 35.89 Bn -
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
9 MakeMyTrip 5.80 Bn 5.03 Bn 212.91 Mn
10 Global Business Travel 4.86 Bn 4.34 Bn 514.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 3.65 Bn
Mar 31, 2026 2.80 Bn
Dec 31, 2025 2.30 Bn
Sep 30, 2025 2.30 Bn
Jun 30, 2025 3.00 Bn
Mar 31, 2025 2.80 Bn
Dec 31, 2024 2.20 Bn
Sep 30, 2024 3.14 Bn
Jun 30, 2024 2.90 Bn
Mar 31, 2024 3.63 Bn
Dec 31, 2023 3.06 Bn
Sep 30, 2023 2.97 Bn
Jun 30, 2023 3.35 Bn
Mar 31, 2023 3.18 Bn
Dec 31, 2022 1.70 Bn
Sep 30, 2022 2.29 Bn
Jun 30, 2022 2.33 Bn
Mar 31, 2022 1.00 Mn
Dec 31, 2021 1.56 Bn
Sep 30, 2021 234.00 Mn