Norwegian Cruise Line Holdings (NCLH) Gross Margin (2012 - 2026)

Norwegian Cruise Line Holdings has disclosed Gross Margin across 15 years of filings, most recently posting 40.89% for Q1 2026.

• Gross Margin for Q1 2026 came in at 40.89%, up 218.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.05% (up 258.0% YoY), and the FY2025 annual result was 42.62%, up 263.0% from the prior year.
• Gross Margin came in at 40.89% for Q1 2026 at Norwegian Cruise Line Holdings, roughly flat from 41.03% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 47.08% in Q3 2025 to a low of 40.9% in Q1 2022.
• The 5-year median for Gross Margin is 38.01% (2024), against an average of 30.71%.
• Across the five-year window, Gross Margin soared 633829 bps in 2022 and surged 142 bps in 2024, its largest moves.
• Norwegian Cruise Line Holdings' Gross Margin stood at 19.73% in 2022, then surged by 70 bps to 33.46% in 2023, then advanced by 14 bps to 38.01% in 2024, then rose by 8 bps to 41.03% in 2025, then decreased by 0 bps to 40.89% in 2026.
• The last three Gross Margin figures came in at 40.89% (Q1 2026), 41.03% (Q4 2025), and 47.08% (Q3 2025), per Business Quant data.