Viking Holdings VIK
NYSE VIK
$88.15 +2.34 (+2.73%)
As of: Sep 8, 2026 · 3:59 PM EDT

Viking Holdings (VIK) Gross Margin (2023 - 2026)

Viking Holdings' (VIK) quarterly Gross Margin came in at 45.5% in Q2 2026, down 20.0% year-over-year from 56.87% in Q2 2025, and up 33.29% quarter-over-quarter from 34.13% in Q1 2026.

Analysis

Viking Holdings (VIK) Gross Margin (2023 - 2026) Analysis & Trends

Viking Holdings (VIK) has reported Gross Margin for 4 consecutive years, with 45.5% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 20.0% year-over-year to 45.5% in Q2 2026; TTM through Jun 2026 was 43.21%, a 85.0% increase from a year earlier, with the FY2025 full-year figure at 43.34%, up 172.0% from the prior year.
  • Gross Margin was 45.5% for Q2 2026 at Viking Holdings, up from 34.13% in the prior quarter.
  • Over five years, Gross Margin peaked at 47.08% in Q3 2025 and troughed at 24.25% in Q1 2023.
  • A 4-year average of 39.68% and a median of 42.08% in 2025 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 558 bps in 2024 and dropped 20 bps in 2026, its largest moves.
  • Over 4 years, Gross Margin stood at 37.54% in 2023, then increased by 4 bps to 39.07% in 2024, then climbed by 6 bps to 41.37% in 2025, then climbed by 10 bps to 45.5% in 2026.
  • The last three Gross Margin figures came in at 45.5% (Q2 2026), 34.13% (Q1 2026), and 41.37% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 47.29%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 45.50%
3 Carnival 32.12 Bn 29.88 Bn - -
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 39.91%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 48.50%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.50%
Mar 31, 2026 34.13%
Dec 31, 2025 41.37%
Sep 30, 2025 47.08%
Jun 30, 2025 45.70%
Mar 31, 2025 33.82%
Dec 31, 2024 39.07%
Sep 30, 2024 45.85%
Jun 30, 2024 44.65%
Mar 31, 2024 29.83%
Dec 31, 2023 37.54%
Sep 30, 2023 44.02%
Jun 30, 2023 42.79%
Mar 31, 2023 24.25%