Viking Holdings (VIK) Operating Income (2023 - 2025)

Viking Holdings (VIK) reported Operating Income of $360.6 million for Q4 2025, up 56.12% year-over-year from $230.9 million in Q4 2024, and down 40.38% quarter-over-quarter from $604.7 million in Q3 2025.

Viking Holdings (VIK) Operating Income (2023 - 2025) Analysis & Trends

Viking Holdings (VIK) has 3 years of Operating Income data on file, last reported at $360.6 million in Q4 2025.

  • Operating Income for Q4 2025 came in at $360.6 million, up 56.12% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.5 billion (up 39.67% YoY), and the FY2025 annual result was $1.5 billion, up 39.67% from the prior year.
  • Operating Income declined to $360.6 million in Q4 2025 per VIK's latest filing, from $604.7 million in the prior quarter.
  • Over five years, Operating Income peaked at $604.7 million in Q3 2025 and troughed at -$115.9 million in Q1 2023.
  • A 3-year average of $282.9 million and a median of $362.0 million in 2023 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2024 and 2025: Operating Income gained 17.29% in 2024, then surged 86.97% in 2025.
  • A 3-year view of Operating Income shows it stood at $157.8 million in 2023, then surged by 46.34% to $230.9 million in 2024, then surged by 56.12% to $360.6 million in 2025.
  • Business Quant data shows VIK's Operating Income at $360.6 million in Q4 2025, $604.7 million in Q3 2025, and $545.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 1.27 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 86.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 1.16 Bn
4 Carnival 37.80 Bn 36.39 Bn - 607.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 251.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 232.94 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 3.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 159.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 364.00 Mn
10 Viking Holdings 405.54 Mn -3.40 Bn 713.43 Mn 360.56 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 360.56 Mn
Sep 30, 2025 604.71 Mn
Jun 30, 2025 545.53 Mn
Mar 31, 2025 -9.27 Mn
Dec 31, 2024 230.95 Mn
Sep 30, 2024 488.96 Mn
Jun 30, 2024 426.29 Mn
Mar 31, 2024 -71.13 Mn
Dec 31, 2023 157.82 Mn
Sep 30, 2023 412.31 Mn
Jun 30, 2023 363.47 Mn
Mar 31, 2023 -115.86 Mn