North America was Norwegian Cruise Line Holdings’s largest region in fiscal 2025, bringing in $5.65B of $9.83B (57%).
| Geography | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $3.08B | $5.00B | $5.32B | $5.65B | |||||||
| Revenues | — | — | — | — | |||||||
| Revenuefromcontractwithcustomerincludingassessedtax | — | — | — | — | |||||||
| Europe | $1.56B | $2.75B | $3.04B | $2.90B | |||||||
| Asia Pacific | $115.44M | $533.48M | $779.48M | $996.75M | |||||||
| Asia-Pacific | — | — | — | — | |||||||
| Other Country | $94.23M | $259.48M | $346.09M | $282.92M | |||||||
| Other | — | — | — | — | |||||||
| Total | $4.84B | $8.55B | $9.48B | $9.83B |
Norwegian Cruise Line Holdings brought in $9.83B from its four regions in fiscal 2025, the year ended December 31, 2025. That was up 3.7% from $9.48B in fiscal 2024. North America was the largest at $5.65B (57.5%), ahead of Europe at $2.90B (29.5%) and Asia Pacific at $996.75M (10.1%). The remaining region, Other Country, brought in $282.92M.
Compared with fiscal 2024, Asia Pacific grew fastest, up 27.9% to $996.75M, while Other Country fell the most, down 18.3% to $282.92M. From fiscal 2022 to 2025, combined revenue from these regions grew from $4.84B to $9.83B, a compound annual growth rate of 26.6%. North America's share of the total fell from 63.5% to 57.5%.
Passenger Ticket was Norwegian Cruise Line Holdings’s largest product and service line in fiscal 2025, bringing in $6.69B of $9.83B (68%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Passenger Ticket | $3.25B | $5.75B | $6.42B | $6.69B | ||||||
| Revenuefromcontractwithcustomerincludingassessedtax | — | — | — | — | ||||||
| Onboard & Other | $1.59B | $2.80B | $3.06B | $3.14B | ||||||
| Total | $4.84B | $8.55B | $9.48B | $9.83B |
Norwegian Cruise Line Holdings brought in $9.83B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 3.7% from $9.48B in fiscal 2024. Passenger Ticket was the largest at $6.69B (68.0%), ahead of Onboard & Other at $3.14B (32.0%).
Compared with fiscal 2024, Passenger Ticket grew 4.2% to $6.69B and Onboard & Other grew 2.5% to $3.14B. From fiscal 2022 to 2025, combined revenue from these lines grew from $4.84B to $9.83B, a compound annual growth rate of 26.6%. Passenger Ticket's share of the total rose from 67.2% to 68.0%.
Norwegian Cruise Line Holdings (NCLH) reports its revenue by geography and by product and service. In fiscal 2025, North America was its largest region, bringing in $5.65B (57.5% of the total), followed by Europe at $2.90B (29.5%).
North America was Norwegian Cruise Line Holdings' largest region in fiscal 2025, bringing in $5.65B, or 57.5% of the $9.83B total across its four regions.
Passenger Ticket was Norwegian Cruise Line Holdings' largest product and service line in fiscal 2025, bringing in $6.69B, or 68.0% of the $9.83B total across its two product and service lines.
Among Norwegian Cruise Line Holdings' regions that make up at least 2% of revenue, Asia Pacific grew fastest in fiscal 2025, up 27.9% from $779.48M to $996.75M.
Every figure comes from Norwegian Cruise Line Holdings' annual financial filings, as reported. Each line keeps the name Norwegian Cruise Line Holdings gives it, and years follow its fiscal calendar.
Norwegian Cruise Line Holdings' revenue by geography goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.