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| Date | Value |
|---|---|
| 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 |