Viking Holdings (VIK) Interest Expenses (2023 - 2025)
Viking Holdings (VIK) posted quarterly Interest Expenses of -$84.9 million for Q4 2025, up 1.69% year-over-year from -$83.5 million in Q4 2024, and down 179.41% quarter-over-quarter from $107.0 million in Q3 2025.
Viking Holdings (VIK) Interest Expenses (2023 - 2025) Analysis & Trends
Viking Holdings (VIK) has reported Interest Expenses for 3 consecutive years, with -$84.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Interest Expenses rose 1.69% year-over-year to -$84.9 million; the TTM figure through Dec 2025 stood at -$16.8 million (up 92.75% YoY), while the FY2025 annual figure was $362.6 million, down 4.71% from the prior year.
- Interest Expenses fell to -$84.9 million in Q4 2025 per VIK's latest filing, from $107.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at $107.0 million in Q3 2025 and bottomed at -$173.3 million in Q2 2023.
- Historically, Interest Expenses has averaged -$65.4 million across 3 years, with a median of -$106.1 million in 2023.
- Annual changes were most pronounced in 2024 — Interest Expenses decreased 8.36% — and 2025, when it soared 187.46%.
- Viking Holdings' Interest Expenses stood at -$116.2 million in 2023, then increased by 25.66% to -$86.4 million in 2024, then gained by 1.69% to -$84.9 million in 2025.
- Business Quant data shows VIK's Interest Expenses at -$84.9 million in Q4 2025, $107.0 million in Q3 2025, and $84.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 302.00 Mn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 191.00 Mn |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 236.00 Mn |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 36.05 Mn |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 681.00 Mn |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 61.00 Mn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | -17.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 22.75 Mn |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | 35.01 Mn |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 32.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -84.94 Mn |
| Dec 31, 2025 | -84.94 Mn |
| Sep 30, 2025 | 106.96 Mn |
| Sep 30, 2025 | 106.96 Mn |
| Jun 30, 2025 | 83.98 Mn |
| Jun 30, 2025 | 83.98 Mn |
| Mar 31, 2025 | -122.82 Mn |
| Mar 31, 2025 | -122.82 Mn |
| Dec 31, 2024 | -86.40 Mn |
| Dec 31, 2024 | -86.40 Mn |
| Sep 30, 2024 | 84.43 Mn |
| Sep 30, 2024 | 84.43 Mn |
| Jun 30, 2024 | -96.02 Mn |
| Jun 30, 2024 | -96.02 Mn |
| Mar 31, 2024 | -133.92 Mn |
| Mar 31, 2024 | -133.92 Mn |
| Dec 31, 2023 | -116.21 Mn |
| Dec 31, 2023 | -116.21 Mn |
| Sep 30, 2023 | -122.87 Mn |
| Sep 30, 2023 | -122.87 Mn |