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

Norwegian Cruise Line Holdings' (NCLH) quarterly Current Deferred Revenue came in at $3.7 billion in Q1 2026, up 32.82% year-on-year from $2.8 billion in Q1 2025, and up 16.19% quarter-over-quarter from $3.2 billion in Q4 2025.

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

Norwegian Cruise Line Holdings has disclosed Current Deferred Revenue across 15 years of filings, most recently posting $3.7 billion for Q1 2026.

  • Current Deferred Revenue for Q1 2026 came in at $3.7 billion, up 32.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.7 billion (up 32.82% YoY), and the FY2025 annual result was $3.2 billion, up 3.05% from the prior year.
  • Current Deferred Revenue came in at $3.7 billion for Q1 2026 at Norwegian Cruise Line Holdings, up from $3.2 billion in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $3.8 billion in Q2 2025 to a low of $1.4 billion in Q2 2022.
  • The 5-year median for Current Deferred Revenue is $3.1 billion (2024), against an average of $3.0 billion.
  • Across the five-year window, Current Deferred Revenue surged 6648.55% in 2022 and retreated 22.86% in 2025, its largest moves.
  • Norwegian Cruise Line Holdings' Current Deferred Revenue stood at $2.5 billion in 2022, then dropped by 12.58% to $2.2 billion in 2023, then surged by 41.18% to $3.1 billion in 2024, then rose by 3.05% to $3.2 billion in 2025, then advanced by 16.19% to $3.7 billion in 2026.
  • The last three Current Deferred Revenue figures came in at $3.7 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn
4 Carnival 37.80 Bn 36.39 Bn -
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn -

Historic Data

Download Data
DateValue
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 2.80 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 2.20 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 1.40 Bn
Mar 31, 2022 1.98 Bn
Dec 31, 2021 161.80 Mn
Sep 30, 2021 1.44 Bn
Jun 30, 2021 1.08 Bn