Norwegian Cruise Line Holdings (NCLH) Current Deferred Revenue (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) recorded Current Deferred Revenue of $3.65 billion in Q2 2026, down 4.8% from $3.83 billion a year earlier and down 1.8% from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Current Deferred Revenue (2012 - 2026) Analysis & Trends
At the end of FY2025, Norwegian Cruise Line Holdings reported Current Deferred Revenue of $3.2 billion, up 3.0% from FY2024.
- Annual Current Deferred Revenue has increased for five straight years, with a five-year compound annual growth rate of 23.6% (FY2020 to FY2025).
- Across earlier years, Current Deferred Revenue came in at $3.11 billion in FY2024 (+1.5%), $3.06 billion in FY2023 (+21.6%), $2.52 billion in FY2022 (+61.2%) and $1.56 billion in FY2021 (+40.7%).
- Quarterly Current Deferred Revenue has ranged from $1.44 billion in Q3 2021 to $3.83 billion in Q2 2025 over the past five years.
- On a year-over-year basis, Current Deferred Revenue rose in six of the last eight quarters, with growth averaging 1.2%.
- Peak year-over-year performance for Current Deferred Revenue in the last five years was growth of 116.5% in Q2 2022, against a decline of 4.8% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.72 billion (Q1 2026), $3.2 billion (Q4 2025) and $3.15 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - |
| 10 | Norwegian Cruise Line Holdings | 6.73 Bn | 5.95 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65 Bn |
| Mar 31, 2026 | 3.72 Bn |
| Dec 31, 2025 | 3.20 Bn |
| Sep 30, 2025 | 3.15 Bn |
| Jun 30, 2025 | 3.83 Bn |
| Mar 31, 2025 | 3.76 Bn |
| Dec 31, 2024 | 3.11 Bn |
| Sep 30, 2024 | 3.14 Bn |
| Jun 30, 2024 | 3.78 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 | 2.52 Bn |
| Sep 30, 2022 | 2.29 Bn |
| Jun 30, 2022 | 2.33 Bn |
| Mar 31, 2022 | 1.98 Bn |
| Dec 31, 2021 | 1.56 Bn |
| Sep 30, 2021 | 1.44 Bn |
API Access
Norwegian Cruise Line Holdings Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "NCLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();