Norwegian Cruise Line Holdings (NCLH) Operating Income (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) recorded Operating Income of $363.33 million in Q2 2026, down 14.3% from $423.84 million a year earlier but up 56.0% from the prior quarter.
Powered by 
Analysis
Norwegian Cruise Line Holdings (NCLH) Operating Income (2012 - 2026) Analysis & Trends
On a TTM basis, Norwegian Cruise Line Holdings' Operating Income came in at $1.53 billion as of Jun 30, 2026, up 0.1% year-over-year; for FY2025, it came in at $1.56 billion, up 6.5% from FY2024.
- Across earlier years, Operating Income came in at $1.47 billion in FY2024 (+57.5%), $930.91 million in FY2023, -$1.55 billion in FY2022 and -$2.55 billion in FY2021.
- Quarterly Operating Income has ranged from -$689.11 million in Q3 2021 to $749.45 million in Q3 2025 over the past five years.
- On a year-over-year basis, Operating Income rose in five of the last eight quarters, with growth averaging 14.7%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 72.7% in Q4 2024, against a decline of 14.3% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $232.94 million (Q1 2026), $186.64 million (Q4 2025) and $749.45 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 1.23 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 858.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 1.31 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 643.90 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 2.22 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | -216.00 Mn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | -1.31 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 326.00 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.73 Bn | 5.95 Bn | 1.05 Bn | 363.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 363.33 Mn |
| Mar 31, 2026 | 232.94 Mn |
| Dec 31, 2025 | 186.64 Mn |
| Sep 30, 2025 | 749.45 Mn |
| Jun 30, 2025 | 423.84 Mn |
| Mar 31, 2025 | 200.94 Mn |
| Dec 31, 2024 | 214.74 Mn |
| Sep 30, 2024 | 691.21 Mn |
| Jun 30, 2024 | 341.56 Mn |
| Mar 31, 2024 | 218.39 Mn |
| Dec 31, 2023 | 124.33 Mn |
| Sep 30, 2023 | 523.32 Mn |
| Jun 30, 2023 | 272.55 Mn |
| Mar 31, 2023 | 10.72 Mn |
| Dec 31, 2022 | -280.97 Mn |
| Sep 30, 2022 | -185.23 Mn |
| Jun 30, 2022 | -396.80 Mn |
| Mar 31, 2022 | -688.76 Mn |
| Dec 31, 2021 | -686.87 Mn |
| Sep 30, 2021 | -689.11 Mn |
API Access
Norwegian Cruise Line Holdings Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "NCLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();