Norwegian Cruise Line Holdings (NCLH) EBT (2012 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly EBT came in at $107.7 million in Q1 2026, up 359.83% year-on-year from $23.4 million in Q1 2025, and up 127.19% quarter-over-quarter from -$396.0 million in Q4 2025.
Norwegian Cruise Line Holdings (NCLH) EBT (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has disclosed EBT across 15 years of filings, most recently posting $107.7 million for Q1 2026.
- EBT for Q1 2026 came in at $107.7 million, up 359.83% year-over-year; the trailing twelve-month figure through Mar 2026 was $175.9 million (down 75.33% YoY), and the FY2025 annual result was $26.9 million, down 96.53% from the prior year.
- EBT came in at $107.7 million for Q1 2026 at Norwegian Cruise Line Holdings, up from -$396.0 million in the prior quarter.
- In the past five years, EBT ranged from a high of $481.8 million in Q3 2024 to a low of -$978.3 million in Q1 2022.
- The 5-year median for EBT is $18.4 million (2024), against an average of -$70.9 million.
- Across the five-year window, EBT plunged 467.6% in 2025 and soared 359.83% in 2026, its largest moves.
- Norwegian Cruise Line Holdings' EBT stood at -$482.1 million in 2022, then surged by 77.53% to -$108.3 million in 2023, then soared by 199.45% to $107.7 million in 2024, then slumped by 467.6% to -$396.0 million in 2025, then jumped by 127.19% to $107.7 million in 2026.
- The last three EBT figures came in at $107.7 million (Q1 2026), -$396.0 million (Q4 2025), and $433.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 1.40 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 281.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 976.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 280.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 25.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 107.66 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 11.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 108.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 380.00 Mn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 30.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 107.66 Mn |
| Dec 31, 2025 | -395.98 Mn |
| Sep 30, 2025 | 433.64 Mn |
| Jun 30, 2025 | 30.63 Mn |
| Mar 31, 2025 | -41.44 Mn |
| Dec 31, 2024 | 107.72 Mn |
| Sep 30, 2024 | 481.85 Mn |
| Jun 30, 2024 | 164.99 Mn |
| Mar 31, 2024 | 18.35 Mn |
| Dec 31, 2023 | -108.32 Mn |
| Sep 30, 2023 | 354.18 Mn |
| Jun 30, 2023 | 86.81 Mn |
| Mar 31, 2023 | -169.49 Mn |
| Dec 31, 2022 | -482.10 Mn |
| Sep 30, 2022 | -306.10 Mn |
| Jun 30, 2022 | -510.19 Mn |
| Mar 31, 2022 | -978.32 Mn |
| Dec 31, 2021 | -1.57 Bn |
| Sep 30, 2021 | -845.59 Mn |
| Jun 30, 2021 | -716.86 Mn |