Viking Holdings (VIK) Net Margin (2023 - 2026)
Viking Holdings' (VIK) quarterly Net Margin came in at 26.82% in Q2 2026, up 347.0% year-over-year from 6.0% in Q2 2025, and up 419.66% quarter-over-quarter from 5.16% in Q1 2026.
Analysis
Viking Holdings (VIK) Net Margin (2023 - 2026) Analysis & Trends
Viking Holdings (VIK) has reported Net Margin for 4 consecutive years, with 26.82% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 347.0% year-over-year to 26.82% in Q2 2026; TTM through Jun 2026 was 20.89%, a 318.0% increase from a year earlier, with the FY2025 full-year figure at 17.92%, up 274.0% from the prior year.
- Net Margin was 26.82% for Q2 2026 at Viking Holdings, up from 5.16% in the prior quarter.
- Over five years, Net Margin peaked at 82.17% in Q3 2023 and troughed at 53.06% in Q4 2023.
- A 4-year average of 16.22% and a median of 15.22% in 2023 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 10243 bps in 2024, down 5954 bps in 2024.
- Over 4 years, Net Margin stood at 53.06% in 2023, then soared by 114 bps to 7.68% in 2024, then soared by 126 bps to 17.39% in 2025, then soared by 54 bps to 26.82% in 2026.
- The last three Net Margin figures came in at 26.82% (Q2 2026), 5.16% (Q1 2026), and 17.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 23.51% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 26.82% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 8.07% |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 8.43% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | -0.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.82% |
| Mar 31, 2026 | 5.16% |
| Dec 31, 2025 | 17.39% |
| Sep 30, 2025 | 25.71% |
| Jun 30, 2025 | 23.35% |
| Mar 31, 2025 | 11.76% |
| Dec 31, 2024 | 7.68% |
| Sep 30, 2024 | 22.64% |
| Jun 30, 2024 | 10.06% |
| Mar 31, 2024 | 68.37% |
| Dec 31, 2023 | -53.06% |
| Sep 30, 2023 | 82.17% |
| Jun 30, 2023 | 13.06% |
| Mar 31, 2023 | -34.06% |