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

Viking Holdings (VIK) reported Free Cash Flow of $995.7 million for Q4 2025, up 8.12% year-over-year from $920.9 million in Q4 2024, and up 38.59% quarter-over-quarter 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.

  • Free Cash Flow for Q4 2025 came in at $995.7 million, up 8.12% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.6 billion (up 19.59% YoY), and the FY2025 annual result was $3.6 billion, up 19.59% from the prior year.
  • Free Cash Flow climbed to $995.7 million in Q4 2025 per VIK's latest filing, from $718.5 million in the prior quarter.
  • Over five years, Free Cash Flow peaked at $1.1 billion in Q2 2025 and troughed at -$1.1 billion in Q4 2023.
  • A 3-year average of $607.0 million and a median of $726.3 million in 2025 frame the typical range for Free Cash Flow.
  • On a YoY basis, Free Cash Flow climbed as much as 180.19% in 2024 and fell as far as 41.31% in 2024.
  • A 3-year view of Free Cash Flow shows it stood at -$1.1 billion in 2023, then surged by 180.19% to $920.9 million in 2024, then increased by 8.12% to $995.7 million in 2025.
  • Business Quant data shows VIK's Free Cash Flow at $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 131.01 Bn 114.99 Bn 3.46 Bn 3.11 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 1.71 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 1.69 Bn
4 Carnival 37.80 Bn 36.39 Bn - 697.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 3.75 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -625.22 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -52.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 19.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 Viking Holdings 405.54 Mn -3.40 Bn 713.43 Mn 995.73 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 -1.15 Bn
Dec 31, 2023 -1.15 Bn
Sep 30, 2023 513.25 Mn
Sep 30, 2023 513.25 Mn