Norwegian Cruise Line Holdings (NCLH) Retained Earnings (2012 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly Retained Earnings came in at -$5.2 billion in Q2 2026, up 12.68% year-over-year from -$4.6 billion in Q2 2025, and up 4.07% quarter-over-quarter from -$5.5 billion in Q1 2026.
Analysis
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 -$5.2 billion for Q2 2026.
- In Q2 2026, Retained Earnings rose 12.68% year-over-year to -$5.2 billion; the TTM figure through Jun 2026 stood at -$5.2 billion (up 12.68% YoY), while the FY2025 annual figure was -$5.6 billion, up 7.07% from the prior year.
- Retained Earnings came in at -$5.2 billion for Q2 2026 at Norwegian Cruise Line Holdings, up from -$5.5 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$250.8 million in Q1 2022 to a low of -$7.2 billion in Q1 2023.
- Average Retained Earnings over 5 years is -$6.0 billion, with a median of -$6.3 billion recorded in 2022.
- Year-over-year, Retained Earnings climbed 13.88% in 2022 and tumbled 2780.94% in 2023.
- Over 5 years, Retained Earnings stood at -$7.1 billion in 2022, then rose by 2.35% to -$6.9 billion in 2023, then climbed by 13.19% to -$6.0 billion in 2024, then grew by 7.07% to -$5.6 billion in 2025, then grew by 5.88% to -$5.2 billion in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were -$5.2 billion in Q2 2026, -$5.5 billion in Q1 2026, and -$5.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 7.19 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | - |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 15.64 Bn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | -5.24 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | -412.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.24 Bn |
| Mar 31, 2026 | -5.46 Bn |
| Dec 31, 2025 | -5.57 Bn |
| Sep 30, 2025 | -5.58 Bn |
| Jun 30, 2025 | -6.00 Bn |
| Mar 31, 2025 | -6.03 Bn |
| Dec 31, 2024 | -5.99 Bn |
| Sep 30, 2024 | -6.24 Bn |
| Jun 30, 2024 | -6.72 Bn |
| Mar 31, 2024 | -6.88 Bn |
| Dec 31, 2023 | -6.90 Bn |
| Sep 30, 2023 | -6.79 Bn |
| Jun 30, 2023 | -7.14 Bn |
| Mar 31, 2023 | -7.23 Bn |
| Dec 31, 2022 | -7.07 Bn |
| Sep 30, 2022 | -6.58 Bn |
| Jun 30, 2022 | -6.29 Bn |
| Mar 31, 2022 | -250.81 Mn |
| Dec 31, 2021 | -285.09 Mn |
| Sep 30, 2021 | -264.99 Mn |