Norwegian Cruise Line Holdings (NCLH) Operating Expenses (2016 - 2025)
Norwegian Cruise Line Holdings (NCLH) has disclosed Operating Expenses for 14 consecutive years, with $734.2 million as the latest value for Q4 2025.
- Quarterly Operating Expenses rose 25.07% to $734.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $2.6 billion through Dec 2025, up 13.01% year-over-year, with the annual reading at $2.6 billion for FY2025, 13.01% up from the prior year.
- Operating Expenses hit $734.2 million in Q4 2025 for Norwegian Cruise Line Holdings, up from $633.8 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $734.2 million in Q4 2025 to a low of $359.7 million in Q2 2021.
- Historically, Operating Expenses has averaged $541.2 million across 5 years, with a median of $555.6 million in 2022.
- Biggest five-year swings in Operating Expenses: crashed 82.01% in 2021 and later skyrocketed 41.95% in 2022.
- Year by year, Operating Expenses stood at $456.6 million in 2021, then grew by 27.16% to $580.6 million in 2022, then dropped by 6.95% to $540.3 million in 2023, then rose by 8.65% to $587.0 million in 2024, then rose by 25.07% to $734.2 million in 2025.
- Business Quant data shows Operating Expenses for NCLH at $734.2 million in Q4 2025, $633.8 million in Q3 2025, and $636.8 million in Q2 2025.