Growth Metrics

Norwegian Cruise Line Holdings (NCLH) Gross Margin (2016 - 2026)

Norwegian Cruise Line Holdings' Gross Margin history spans 15 years, with the latest figure at 40.89% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 218.0% to 40.89% in Q1 2026 year-over-year; TTM through Mar 2026 was 43.05%, a 258.0% increase, with the full-year FY2025 number at 42.62%, up 263.0% from a year prior.
  • Gross Margin hit 40.89% in Q1 2026 for Norwegian Cruise Line Holdings, roughly flat from 41.03% in the prior quarter.
  • Over the last five years, Gross Margin for NCLH hit a ceiling of 47.08% in Q3 2025 and a floor of 40.9% in Q1 2022.
  • Historically, Gross Margin has averaged 30.71% across 5 years, with a median of 38.01% in 2024.
  • Biggest five-year swings in Gross Margin: surged 633829bps in 2022 and later skyrocketed 142bps in 2024.
  • Tracing NCLH's Gross Margin over 5 years: stood at 19.73% in 2022, then soared by 70bps to 33.46% in 2023, then rose by 14bps to 38.01% in 2024, then grew by 8bps to 41.03% in 2025, then fell by 0bps to 40.89% in 2026.
  • Business Quant data shows Gross Margin for NCLH at 40.89% in Q1 2026, 41.03% in Q4 2025, and 47.08% in Q3 2025.