Norwegian Cruise Line Holdings (NCLH) Retained Earnings (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Retained Earnings came in at -$327.8 million in Q1 2026, up 94.56% year-on-year from -$168.5 million in Q1 2025, and up 27.38% quarter-over-quarter from -$451.4 million in Q4 2025.

Norwegian Cruise Line Holdings (NCLH) Retained Earnings (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed Retained Earnings across 15 years of filings, most recently posting -$327.8 million for Q1 2026.

  • Retained Earnings for Q1 2026 came in at -$327.8 million, up 94.56% year-over-year; the trailing twelve-month figure through Mar 2026 was -$327.8 million (up 94.56% YoY), and the FY2025 annual result was -$451.4 million, up 10.98% from the prior year.
  • Retained Earnings came in at -$327.8 million for Q1 2026 at Norwegian Cruise Line Holdings, up from -$451.4 million in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $3.5 million in Q4 2022 to a low of -$6.9 billion in Q4 2023.
  • The 5-year median for Retained Earnings is -$511.0 million (2023), against an average of -$2.5 billion.
  • Across the five-year window, Retained Earnings surged 101.23% in 2022 and sank 197303.12% in 2023, its largest moves.
  • Norwegian Cruise Line Holdings' Retained Earnings stood at $3.5 million in 2022, then tumbled by 197303.12% to -$6.9 billion in 2023, then surged by 92.65% to -$507.0 million in 2024, then rose by 10.98% to -$451.4 million in 2025, then rose by 27.38% to -$327.8 million in 2026.
  • The last three Retained Earnings figures came in at -$327.8 million (Q1 2026), -$451.4 million (Q4 2025), and -$5.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 41.42 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -6.40 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -385.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - -1.74 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -188.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -327.77 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -1.41 Bn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 2.45 Bn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 453.86 Mn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -2.79 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -327.77 Mn
Dec 31, 2025 -451.37 Mn
Sep 30, 2025 -5.58 Bn
Jun 30, 2025 -6.00 Bn
Mar 31, 2025 -6.03 Bn
Dec 31, 2024 -507.04 Mn
Sep 30, 2024 -519.68 Mn
Jun 30, 2024 -6.72 Bn
Mar 31, 2024 -6.88 Bn
Dec 31, 2023 -6.90 Bn
Sep 30, 2023 -455.95 Mn
Jun 30, 2023 -510.96 Mn
Mar 31, 2023 -508.93 Mn
Dec 31, 2022 3.50 Mn
Sep 30, 2022 -601.78 Mn
Jun 30, 2022 -2.82 Mn
Mar 31, 2022 -250.81 Mn
Dec 31, 2021 -285.09 Mn
Sep 30, 2021 -264.99 Mn
Jun 30, 2021 -232.90 Mn