Viking Holdings (VIK) Capital Expenditures (2023 - 2025)
Viking Holdings (VIK) reported Capital Expenditures of -$157.9 million for Q4 2025, up 71.31% year-over-year from -$92.2 million in Q4 2024, and down 189.52% quarter-over-quarter from -$54.5 million in Q3 2025.
Viking Holdings (VIK) Capital Expenditures (2023 - 2025) Analysis & Trends
Viking Holdings (VIK) has 3 years of Capital Expenditures data on file, last reported at -$157.9 million in Q4 2025.
- Capital Expenditures for Q4 2025 came in at -$157.9 million, up 71.31% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.0 billion (down 11.93% YoY), and the FY2025 annual result was -$1.0 billion, down 11.93% from the prior year.
- Capital Expenditures slipped to -$157.9 million in Q4 2025 per VIK's latest filing, from -$54.5 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.3 billion in Q4 2023 and troughed at -$668.1 million in Q2 2025.
- A 3-year average of -$105.9 million and a median of -$136.0 million in 2023 frame the typical range for Capital Expenditures.
- On a YoY basis, Capital Expenditures climbed as much as 71.31% in 2025 and fell as far as 327.13% in 2025.
- A 3-year view of Capital Expenditures shows it stood at $1.3 billion in 2023, then sank by 143.96% to -$550.4 million in 2024, then jumped by 71.31% to -$157.9 million in 2025.
- Business Quant data shows VIK's Capital Expenditures at -$157.9 million in Q4 2025, -$54.5 million in Q3 2025, and -$668.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 107.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 145.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 566.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 184.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 1.44 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 37.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 19.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | Viking Holdings | 405.54 Mn | -3.40 Bn | 713.43 Mn | -157.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -157.93 Mn |
| Dec 31, 2025 | -157.93 Mn |
| Sep 30, 2025 | -54.55 Mn |
| Sep 30, 2025 | -54.55 Mn |
| Jun 30, 2025 | -668.09 Mn |
| Jun 30, 2025 | -668.09 Mn |
| Mar 31, 2025 | -146.29 Mn |
| Mar 31, 2025 | -146.29 Mn |
| Dec 31, 2024 | -550.40 Mn |
| Dec 31, 2024 | -550.40 Mn |
| Sep 30, 2024 | -115.19 Mn |
| Sep 30, 2024 | -115.19 Mn |
| Jun 30, 2024 | -156.42 Mn |
| Jun 30, 2024 | -156.42 Mn |
| Mar 31, 2024 | -95.41 Mn |
| Mar 31, 2024 | -95.41 Mn |
| Dec 31, 2023 | 1.25 Bn |
| Dec 31, 2023 | 1.25 Bn |
| Sep 30, 2023 | -58.95 Mn |
| Sep 30, 2023 | -58.95 Mn |