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Norwegian Cruise Line Holdings (NCLH) Operating Expenses (2016 - 2026)

Norwegian Cruise Line Holdings' Operating Expenses history spans 15 years, with the latest figure at $720.4 million for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 15.69% to $720.4 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.7 billion, a 15.36% increase, with the full-year FY2025 number at $2.6 billion, up 13.01% from a year prior.
  • Operating Expenses hit $720.4 million in Q1 2026 for Norwegian Cruise Line Holdings, down from $734.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for NCLH hit a ceiling of $734.2 million in Q4 2025 and a floor of $475.3 million in Q1 2022.
  • Historically, Operating Expenses has averaged $585.4 million across 5 years, with a median of $576.4 million in 2024.
  • Biggest five-year swings in Operating Expenses: skyrocketed 41.95% in 2022 and later decreased 6.95% in 2023.
  • Tracing NCLH's Operating Expenses over 5 years: stood at $580.6 million in 2022, then fell by 6.95% to $540.3 million in 2023, then increased by 8.65% to $587.0 million in 2024, then increased by 25.07% to $734.2 million in 2025, then decreased by 1.89% to $720.4 million in 2026.
  • Business Quant data shows Operating Expenses for NCLH at $720.4 million in Q1 2026, $734.2 million in Q4 2025, and $633.8 million in Q3 2025.