Viking Holdings (VIK) EBITDA Margin (2023 - 2026)
Viking Holdings' (VIK) quarterly EBITDA Margin came in at 34.17% in Q2 2026, up 51.0% year-over-year from 22.63% in Q2 2025, and up 243.42% quarter-over-quarter from 9.95% in Q1 2026.
Analysis
Viking Holdings (VIK) EBITDA Margin (2023 - 2026) Analysis & Trends
Viking Holdings (VIK) has reported EBITDA Margin for 4 consecutive years, with 34.17% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 51.0% year-over-year to 34.17% in Q2 2026; TTM through Jun 2026 was 22.35%, a 64.0% increase from a year earlier, with the FY2025 full-year figure at 28.8%, up 352.0% from the prior year.
- EBITDA Margin was 34.17% for Q2 2026 at Viking Holdings, up from 9.95% in the prior quarter.
- Over five years, EBITDA Margin peaked at 35.18% in Q3 2025 and troughed at 18.42% in Q1 2023.
- A 4-year average of 16.02% and a median of 17.47% in 2023 frame the typical range for EBITDA Margin.
- The widest YoY moves for EBITDA Margin: up 1904 bps in 2024, down 0 bps in 2024.
- Over 4 years, EBITDA Margin stood at 0.02% in 2023, then rose by 16 bps to 0.02% in 2024, then rose by 18 bps to 0.03% in 2025, then soared by 127215 bps to 34.17% in 2026.
- The last three EBITDA Margin figures came in at 34.17% (Q2 2026), 9.95% (Q1 2026), and 0.03% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 27.05% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 34.17% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 12.77% |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 13.76% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 14.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.17% |
| Mar 31, 2026 | 9.95% |
| Dec 31, 2025 | 0.03% |
| Sep 30, 2025 | 35.18% |
| Jun 30, 2025 | 33.66% |
| Mar 31, 2025 | 8.12% |
| Dec 31, 2024 | 0.02% |
| Sep 30, 2024 | 33.02% |
| Jun 30, 2024 | 31.03% |
| Mar 31, 2024 | 0.62% |
| Dec 31, 2023 | 0.02% |
| Sep 30, 2023 | 31.90% |
| Jun 30, 2023 | 24.98% |
| Mar 31, 2023 | -18.42% |