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| Date | Value |
|---|---|
| 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 |