Norwegian Cruise Line Holdings (NCLH) EBITDA (2012 - 2026)

Norwegian Cruise Line Holdings (NCLH) reported EBITDA of $232.9 million for Q1 2026, up 15.93% on a YoY basis from $200.9 million in Q1 2025, and up 24.81% sequentially from $186.6 million in Q4 2025.

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

Norwegian Cruise Line Holdings (NCLH) has 15 years of EBITDA data on file, last reported at $232.9 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 15.93% year-over-year to $232.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 9.97% YoY), and the FY2025 full-year result was $1.6 billion, up 6.48% from the prior year.
  • EBITDA advanced to $232.9 million in Q1 2026, from $186.6 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.
  • A 5-year average of $155.2 million and a median of $214.7 million in 2024 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA retreated 20.57% in 2022 and jumped 1937.64% in 2024, its largest moves.
  • Tracing NCLH's EBITDA over 5 years: stood at -$281.0 million in 2022, then jumped by 144.25% to $124.3 million in 2023, then soared by 72.72% to $214.7 million in 2024, then retreated by 13.09% to $186.6 million in 2025, then grew by 24.81% to $232.9 million in 2026.
  • Business Quant data shows NCLH's EBITDA at $232.9 million in Q1 2026, $186.6 million in Q4 2025, and $749.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 1.27 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 1.16 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 86.00 Mn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 502,337.17
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 462,760.00
6 Carnival 34.61 Bn 32.38 Bn - 851.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 251.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 232.94 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 40.29 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 3.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -605.10 Mn