Viking Holdings (VIK) Cost of Revenue (2023 - 2026)
Viking Holdings' (VIK) quarterly Cost of Revenue came in at $1.2 billion in Q2 2026, up 16.92% year-over-year from $1.0 billion in Q2 2025, and up 72.02% quarter-over-quarter from $694.1 million in Q1 2026.
Analysis
Viking Holdings (VIK) Cost of Revenue (2023 - 2026) Analysis & Trends
Viking Holdings (VIK) has reported Cost of Revenue for 4 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 16.92% year-over-year to $1.2 billion in Q2 2026; TTM through Jun 2026 was $4.0 billion, a 18.25% increase from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 18.3% from the prior year.
- Cost of Revenue was $1.2 billion for Q2 2026 at Viking Holdings, up from $694.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.2 billion in Q2 2026 and troughed at $476.5 million in Q1 2023.
- A 4-year average of $824.1 million and a median of $837.9 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue gained 5.56% in 2024 and increased 22.92% in 2025, its largest moves.
- Over 4 years, Cost of Revenue stood at $699.5 million in 2023, then grew by 17.57% to $822.4 million in 2024, then advanced by 22.92% to $1.0 billion in 2025, then gained by 18.1% to $1.2 billion in 2026.
- The last three Cost of Revenue figures came in at $1.2 billion (Q2 2026), $694.1 million (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 2.55 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 1.19 Bn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 1.59 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 102.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.19 Bn |
| Mar 31, 2026 | 694.06 Mn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 1.06 Bn |
| Jun 30, 2025 | 1.02 Bn |
| Mar 31, 2025 | 593.66 Mn |
| Dec 31, 2024 | 822.44 Mn |
| Sep 30, 2024 | 909.12 Mn |
| Jun 30, 2024 | 878.60 Mn |
| Mar 31, 2024 | 503.93 Mn |
| Dec 31, 2023 | 699.52 Mn |
| Sep 30, 2023 | 843.43 Mn |
| Jun 30, 2023 | 832.34 Mn |
| Mar 31, 2023 | 476.49 Mn |