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
DateValue
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