Viking Holdings (VIK) Gross Margin (2023 - 2026)
Viking Holdings (VIK) posted Gross Margin of 45.50% for the quarter ended Jun 30, 2026, down 0.20 percentage points from 45.70% a year earlier but up 11.36 percentage points from the prior quarter.
Viking Holdings (VIK) Gross Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Viking Holdings was 43.21%, up 0.85 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 43.34%, up 1.72 percentage points from the prior year.
- Annual Gross Margin has increased for three consecutive years, with a three-year change of +11.11 percentage points (years ended Dec 2022 to Dec 2025).
- In prior years, Viking Holdings' Gross Margin was 41.62% in the year ended Dec 31, 2024 (+2.16 pp), 39.46% in the year ended Dec 31, 2023 (+7.23 pp) and 32.23% in the year ended Dec 31, 2022.
- Quarterly Gross Margin has run from a low of 24.25% in the quarter ended Mar 31, 2023 to a high of 47.08% in the quarter ended Sep 30, 2025 over five years.
- On a year-over-year basis, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +1.51 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was the quarter ended Mar 31, 2024, with a gain of 5.58 percentage points; the weakest was the quarter ended Jun 30, 2026, with a drop of 0.20 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 34.13% (quarter ended Mar 31, 2026), 41.37% (quarter ended Dec 31, 2025) and 47.08% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 21.98% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 92.04% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 47.29% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 45.50% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 79.56% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 21.21% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 95.88% |
Historic Data
| Date | Value |
|---|---|
| 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% |
Viking Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=VIK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VIK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=VIK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();