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

Viking Holdings (VIK) Operating Expenses (2023 - 2026)

Viking Holdings' (VIK) quarterly Operating Expenses came in at -$268.7 million in Q2 2026, down 8.21% year-over-year from -$292.7 million in Q2 2025, and up 1.3% quarter-over-quarter from -$272.2 million in Q1 2026.

Analysis

Viking Holdings (VIK) Operating Expenses (2023 - 2026) Analysis & Trends

Viking Holdings (VIK) has reported Operating Expenses for 4 consecutive years, with -$268.7 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 8.21% year-over-year to -$268.7 million in Q2 2026; TTM through Jun 2026 was -$1.1 billion, a 15.43% decrease from a year earlier, with the FY2025 full-year figure at -$1.0 billion, down 16.67% from the prior year.
  • Operating Expenses was -$268.7 million for Q2 2026 at Viking Holdings, up from -$272.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$188.3 million in Q3 2023 and troughed at -$272.2 million in Q1 2026.
  • A 4-year average of -$231.8 million and a median of -$222.5 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses decreased 6.88% in 2024 and retreated 21.95% in 2025, its largest moves.
  • Over 4 years, Operating Expenses stood at -$199.5 million in 2023, then decreased by 12.55% to -$224.5 million in 2024, then dropped by 21.18% to -$272.0 million in 2025, then increased by 1.24% to -$268.7 million in 2026.
  • The last three Operating Expenses figures came in at -$268.7 million (Q2 2026), -$272.2 million (Q1 2026), and -$272.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 513.00 Mn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn -268.67 Mn
3 Carnival 32.12 Bn 29.88 Bn - 4.23 Bn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 690.41 Mn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 187.29 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -268.67 Mn
Mar 31, 2026 -272.21 Mn
Dec 31, 2025 -272.04 Mn
Sep 30, 2025 -267.04 Mn
Jun 30, 2025 -248.29 Mn
Mar 31, 2025 -243.86 Mn
Dec 31, 2024 -224.50 Mn
Sep 30, 2024 -218.98 Mn
Jun 30, 2024 -220.59 Mn
Mar 31, 2024 -219.82 Mn
Dec 31, 2023 -199.47 Mn
Sep 30, 2023 -188.25 Mn
Jun 30, 2023 -195.65 Mn
Mar 31, 2023 -205.67 Mn