Viking Holdings (VIK) EBITDA (2023 - 2025)
Viking Holdings (VIK) posted quarterly EBITDA of $462760.0 for Q4 2025, up 51.3% year-over-year from $305863.0 in Q4 2024, and down 99.92% quarter-over-quarter from $604.7 million in Q3 2025.
Viking Holdings (VIK) EBITDA (2023 - 2025) Analysis & Trends
Viking Holdings (VIK) has reported EBITDA for 3 consecutive years, with $462760.0 the latest figure, recorded in Q4 2025.
- In Q4 2025, EBITDA rose 51.3% year-over-year to $462760.0; the TTM figure through Dec 2025 stood at $1.1 billion (up 220.91% YoY), while the FY2025 annual figure was $1.9 million, up 38.85% from the prior year.
- EBITDA slipped to $462760.0 in Q4 2025 per VIK's latest filing, from $604.7 million in the prior quarter.
- Across five years, EBITDA topped out at $851.6 million in Q3 2023 and bottomed at -$115.9 million in Q1 2023.
- Historically, EBITDA has averaged $254.4 million across 3 years, with a median of $862039.5 in 2024.
- Annual changes were most pronounced in 2024 — EBITDA plunged 99.85% — and 2025, when it surged 47842.83%.
- Viking Holdings' EBITDA stood at $218880.0 in 2023, then surged by 39.74% to $305863.0 in 2024, then surged by 51.3% to $462760.0 in 2025.
- Business Quant data shows VIK's EBITDA at $462760.0 in Q4 2025, $604.7 million in Q3 2025, and $545.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 2.50 Bn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 758.00 Mn |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 1.31 Bn |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 462,760.00 |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 851.00 Mn |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 800.00 Mn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | 701.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 363.33 Mn |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | 43.71 Mn |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 24.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 462,760.00 |
| Sep 30, 2025 | 604.71 Mn |
| Jun 30, 2025 | 545.53 Mn |
| Mar 31, 2025 | -9.27 Mn |
| Dec 31, 2024 | 305,863.00 |
| Sep 30, 2024 | 1.26 Mn |
| Jun 30, 2024 | 426.29 Mn |
| Mar 31, 2024 | -71.13 Mn |
| Dec 31, 2023 | 218,880.00 |
| Sep 30, 2023 | 851.62 Mn |
| Jun 30, 2023 | 818.08 Mn |
| Mar 31, 2023 | -115.86 Mn |