Norwegian Cruise Line Holdings (NCLH) Operating Income (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) reported Operating Income of $232.9 million for Q1 2026, up 15.93% on a YoY basis from $200.9 million in Q1 2025, and up 24.81% sequentially from $186.6 million in Q4 2025.
Norwegian Cruise Line Holdings (NCLH) Operating Income (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings (NCLH) has 15 years of Operating Income data on file, last reported at $232.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 15.93% year-over-year to $232.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 9.97% YoY), and the FY2025 full-year result was $1.6 billion, up 6.48% from the prior year.
- Operating Income advanced to $232.9 million in Q1 2026, from $186.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $749.4 million in Q3 2025 to a low of -$688.8 million in Q1 2022.
- A 5-year average of $155.2 million and a median of $214.7 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income retreated 20.57% in 2022 and jumped 1937.64% in 2024, its largest moves.
- Tracing NCLH's Operating Income over 5 years: stood at -$281.0 million in 2022, then jumped by 144.25% to $124.3 million in 2023, then soared by 72.72% to $214.7 million in 2024, then retreated by 13.09% to $186.6 million in 2025, then grew by 24.81% to $232.9 million in 2026.
- Business Quant data shows NCLH's Operating Income at $232.9 million in Q1 2026, $186.6 million in Q4 2025, and $749.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 147.33 Bn | 131.30 Bn | 3.46 Bn | 1.27 Bn |
| 2 | Airbnb | 87.37 Bn | 75.37 Bn | 2.10 Bn | 86.00 Mn |
| 3 | Royal Caribbean Cruises | 78.48 Bn | 77.74 Bn | 2.21 Bn | 1.16 Bn |
| 4 | Yatra Online | 56.11 Bn | 56.08 Bn | 10.44 Mn | -2.28 Mn |
| 5 | Viking Holdings | 44.46 Bn | 40.66 Bn | 713.43 Mn | 1.07 Bn |
| 6 | Carnival | 37.05 Bn | 34.81 Bn | - | 851.00 Mn |
| 7 | Expedia | 34.04 Bn | 31.54 Bn | 3.05 Bn | 251.00 Mn |
| 8 | Trip.com | 29.07 Bn | 17.38 Bn | 1.86 Bn | 572.00 Mn |
| 9 | Norwegian Cruise Line Holdings | 8.91 Bn | 8.73 Bn | 953.34 Mn | 232.94 Mn |
| 10 | MakeMyTrip | 5.32 Bn | 4.89 Bn | 199.14 Mn | 40.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -605.10 Mn |