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) EBITDA (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly EBITDA came in at $363.3 million in Q2 2026, down 14.28% year-over-year from $423.8 million in Q2 2025, and up 55.97% quarter-over-quarter from $232.9 million in Q1 2026.

Analysis

Norwegian Cruise Line Holdings (NCLH) EBITDA (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed EBITDA across 15 years of filings, most recently posting $363.3 million for Q2 2026.

  • In Q2 2026, EBITDA fell 14.28% year-over-year to $363.3 million; the TTM figure through Jun 2026 stood at $1.5 billion (changed 0.11% YoY), while the FY2025 annual figure was $1.6 billion, up 6.48% from the prior year.
  • EBITDA came in at $363.3 million for Q2 2026 at Norwegian Cruise Line Holdings, up from $232.9 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $749.4 million in Q3 2025 to a low of -$688.8 million in Q1 2022.
  • Average EBITDA over 5 years is $166.8 million, with a median of $216.6 million recorded in 2024.
  • Year-over-year, EBITDA decreased 20.57% in 2022 and surged 1937.64% in 2024.
  • Over 5 years, EBITDA stood at -$281.0 million in 2022, then surged by 144.25% to $124.3 million in 2023, then jumped by 72.72% to $214.7 million in 2024, then decreased by 13.09% to $186.6 million in 2025, then surged by 94.67% to $363.3 million in 2026.
  • Per Business Quant data, the three most recent EBITDA figures were $363.3 million in Q2 2026, $232.9 million in Q1 2026, and $186.6 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 1.31 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 748.43 Mn
3 Carnival 32.12 Bn 29.88 Bn - 851.00 Mn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 363.33 Mn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 28.73 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 363.33 Mn
Mar 31, 2026 232.94 Mn
Dec 31, 2025 186.64 Mn
Sep 30, 2025 749.45 Mn
Jun 30, 2025 423.84 Mn
Mar 31, 2025 200.94 Mn
Dec 31, 2024 214.74 Mn
Sep 30, 2024 691.21 Mn
Jun 30, 2024 341.56 Mn
Mar 31, 2024 218.39 Mn
Dec 31, 2023 124.33 Mn
Sep 30, 2023 523.32 Mn
Jun 30, 2023 272.55 Mn
Mar 31, 2023 10.72 Mn
Dec 31, 2022 -280.97 Mn
Sep 30, 2022 -185.23 Mn
Jun 30, 2022 -396.80 Mn
Mar 31, 2022 -688.76 Mn
Dec 31, 2021 -686.87 Mn
Sep 30, 2021 -689.11 Mn