Viking Holdings (VIK) Free Cash Flow (2023 - 2025)

Viking Holdings' (VIK) quarterly Free Cash Flow came in at $995.7 million in Q4 2025, up 8.12% year-on-year from $920.9 million in Q4 2024, and up 38.59% on a QoQ basis from $718.5 million in Q3 2025.

Viking Holdings (VIK) Free Cash Flow (2023 - 2025) Analysis & Trends

Viking Holdings (VIK) has 3 years of Free Cash Flow data on file, last reported at $995.7 million in Q4 2025.

  • On a quarterly basis, Free Cash Flow rose 8.12% year-over-year to $995.7 million in Q4 2025; TTM through Dec 2025 was $3.6 billion, a 19.59% increase from a year earlier, with the FY2025 full-year figure at $3.6 billion, up 19.59% from the prior year.
  • Free Cash Flow for Q4 2025 stood at $995.7 million, up from $718.5 million in the prior quarter.
  • Over the last five years, Free Cash Flow for VIK reached as high as $1.1 billion in Q2 2025 and fell as low as $199.4 million in Q4 2023.
  • Historically, Free Cash Flow has averaged $719.3 million across 3 years, with a median of $726.3 million in 2025.
  • On a YoY basis, Free Cash Flow climbed as much as 361.86% in 2024 and fell as far as 41.31% in 2024.
  • Year by year, Free Cash Flow stood at $199.4 million in 2023, then soared by 361.86% to $920.9 million in 2024, then advanced by 8.12% to $995.7 million in 2025.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $995.7 million in Q4 2025, $718.5 million in Q3 2025, and $1.1 billion in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 3.11 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 1.33 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 1.71 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -1.35 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 995.73 Mn
6 Carnival 34.61 Bn 32.38 Bn - 1.76 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 3.75 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn -625.22 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 46.44 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn -52.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 995.73 Mn
Dec 31, 2025 995.73 Mn
Sep 30, 2025 718.48 Mn
Sep 30, 2025 718.48 Mn
Jun 30, 2025 1.14 Bn
Jun 30, 2025 1.14 Bn
Mar 31, 2025 734.18 Mn
Mar 31, 2025 734.18 Mn
Dec 31, 2024 920.92 Mn
Dec 31, 2024 920.92 Mn
Sep 30, 2024 943.86 Mn
Sep 30, 2024 943.86 Mn
Jun 30, 2024 576.20 Mn
Jun 30, 2024 576.20 Mn
Mar 31, 2024 558.44 Mn
Mar 31, 2024 558.44 Mn
Dec 31, 2023 199.39 Mn
Dec 31, 2023 199.39 Mn
Sep 30, 2023 513.25 Mn
Sep 30, 2023 513.25 Mn