River was Viking Holdings’s largest segment in fiscal 2025, bringing in $3.07B of $6.50B (47%).
| Segments [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| River | $1.80B | $2.34B | $2.65B | $3.07B |
| Ocean | $1.19B | $1.95B | $2.20B | $2.87B |
| Other | $190.18M | $424.02M | $483.44M | $562.37M |
| Total | $3.18B | $4.71B | $5.33B | $6.50B |
Viking Holdings brought in $6.50B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 21.9% from $5.33B in fiscal 2024. River was the largest at $3.07B (47.2%), ahead of Ocean at $2.87B (44.1%) and Other at $562.37M (8.6%).
Compared with fiscal 2024, Ocean grew fastest, up 30.6% to $2.87B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments grew from $3.18B to $6.50B, a compound annual growth rate of 27.0%. River's share of the total fell from 56.6% to 47.2%.
Cruise & Land was Viking Holdings’s largest revenue line in fiscal 2025, bringing in $6.05B of $6.50B (93%).
| Products and services [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Cruise & Land | $2.96B | $4.38B | $4.97B | $6.05B |
| Onboard & Other | $220.11M | $326.97M | $362.60M | $449.98M |
| Management Service Revenue | $10.57M | — | — | — |
| Total | $3.19B | $4.71B | $5.33B | $6.50B |
Viking Holdings brought in $6.50B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 21.9% from $5.33B in fiscal 2024. Cruise & Land was the largest at $6.05B (93.1%), ahead of Onboard & Other at $449.98M (6.9%).
Compared with fiscal 2024, Onboard & Other grew 24.1% to $449.98M and Cruise & Land grew 21.7% to $6.05B.
Viking Holdings stopped reporting Management Service Revenue as a separate revenue line after fiscal 2022, when it brought in $10.57M.
Viking Holdings (VIK) reports its revenue by segments [axis] and by products and services [axis]. In fiscal 2025, River was its largest segment, bringing in $3.07B (47.2% of the total), followed by Ocean at $2.87B (44.1%).
River was Viking Holdings' largest segment in fiscal 2025, bringing in $3.07B, or 47.2% of the $6.50B total across its three segments.
Cruise & Land was Viking Holdings' largest revenue line in fiscal 2025, bringing in $6.05B, or 93.1% of the $6.50B total across its two revenue lines.
Among Viking Holdings' segments that make up at least 2% of revenue, Ocean grew fastest in fiscal 2025, up 30.6% from $2.20B to $2.87B.
Every figure comes from Viking Holdings' annual financial filings, as reported. Each line keeps the name Viking Holdings gives it, and years follow its fiscal calendar.
Viking Holdings' revenue by segments [axis] goes back to fiscal 2022, 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.