Norwegian Cruise Line Holdings Ltd. (NCLH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.33B | 2.24B | 2.94B | 2.52B | 2.13B | 2.11B | 2.81B | 2.37B | 2.19B | 1.99B | 2.54B | 2.21B | 1.82B | 1.52B | 1.62B | 1.19B | 521.94M | 487.44M | 153.08M | 4.37M |
| Revenue Growth % | 9.57% | 6.4% | 4.69% | 6.11% | -2.91% | 6.19% | 10.67% | 7.57% | 20.27% | 30.76% | 56.98% | 85.78% | 249.07% | 211.66% | 955.33% | 27079.05% | 16736.77% | 4988.6% | 2248.59% | -74.2% |
| Cost of Goods Sold | 1.38B | 1.32B | 1.55B | 1.46B | 1.3B | 1.31B | 1.54B | 1.45B | 1.39B | 1.32B | 1.48B | 1.38B | 1.28B | 1.22B | 1.24B | 1.07B | 735.41M | 717.7M | 439.76M | 249.73M |
| COGS % of Revenue | 59.11% | 58.97% | 52.92% | 57.87% | 61.29% | 61.99% | 54.83% | 61.32% | 63.32% | 66.54% | 58.47% | 62.73% | 70.28% | 80.27% | 76.69% | 90.41% | 140.9% | 147.24% | 287.27% | 5717.19% |
| Gross Profit | 953.34M | 920.88M | 1.38B | 1.06B | 823.62M | 801.79M | 1.27B | 917.74M | 803.79M | 664.64M | 1.05B | 821.88M | 541.52M | 299.67M | 376.61M | 113.86M | -213.47M | -230.26M | -286.68M | -245.36M |
| Gross Margin % | 40.89% | 41.03% | 47.08% | 42.13% | 38.71% | 38.01% | 45.17% | 38.68% | 36.68% | 33.46% | 41.53% | 37.27% | 29.72% | 19.73% | 23.31% | 9.59% | -40.9% | -47.24% | -187.27% | -5617.19% |
| Gross Profit Growth % | 15.75% | 14.85% | 9.12% | 15.57% | 2.47% | 20.63% | 20.35% | 11.66% | 48.43% | 121.79% | 179.68% | 621.8% | 353.67% | 230.14% | 231.37% | 146.41% | -7.95% | -16.64% | -56.11% | 13.83% |
| Operating Expenses | 720.4M | 734.24M | 633.83M | 636.81M | 622.67M | 587.05M | 576.43M | 576.18M | 585.4M | 540.31M | 529.97M | 549.34M | 530.8M | 580.64M | 561.84M | 510.67M | 475.28M | 456.61M | 402.43M | 359.75M |
| OpEx % of Revenue | 30.9% | 32.71% | 21.57% | 25.3% | 29.27% | 27.83% | 20.54% | 24.29% | 26.72% | 27.2% | 20.9% | 24.91% | 29.13% | 38.22% | 34.78% | 43.02% | 91.06% | 93.68% | 262.89% | 8235.92% |
| Selling, General & Admin | 459.68M | 381.37M | 383M | 393.05M | 391.38M | 360.57M | 358M | 353.77M | 362.47M | 328.26M | 325.37M | 352.22M | 336.01M | 378.53M | 375.29M | 329.08M | 296.21M | 273.63M | 229.14M | 185.48M |
| SG&A % of Revenue | 19.72% | 16.99% | 13.04% | 15.61% | 18.4% | 17.09% | 12.76% | 14.91% | 16.54% | 16.52% | 12.83% | 15.97% | 18.44% | 24.92% | 23.23% | 27.72% | 56.75% | 56.14% | 149.69% | 4246.41% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 232.94M | 186.64M | 749.45M | 423.84M | 200.94M | 214.74M | 691.21M | 341.56M | 218.39M | 124.33M | 523.32M | 272.55M | 10.72M | -280.97M | -185.23M | -396.8M | -688.76M | -686.87M | -689.11M | -605.1M |
| Operating Margin % | 9.99% | 8.32% | 25.51% | 16.84% | 9.44% | 10.18% | 24.63% | 14.4% | 9.97% | 6.26% | 20.64% | 12.36% | 0.59% | -18.5% | -11.47% | -33.42% | -131.96% | -140.91% | -450.16% | -13853.11% |
| Operating Income Growth % | 15.93% | -13.09% | 8.43% | 24.09% | -7.99% | 72.72% | 32.08% | 25.32% | 1937.64% | 144.25% | 382.52% | 168.69% | 101.56% | 59.09% | 73.12% | 34.42% | -20.57% | -25.6% | -33.09% | -1.63% |
| EBITDA | 493.66M | 481.79M | 1B | 667.6M | 451.48M | 461.38M | 930.06M | 584.5M | 463.49M | 357.61M | 747.99M | 487.16M | 221.39M | -64.34M | 16.87M | -200.95M | -493.29M | -489.24M | -500.58M | -416.47M |
| EBITDA Margin % | 21.18% | 21.47% | 34.04% | 26.52% | 21.22% | 21.87% | 33.14% | 24.64% | 21.15% | 18% | 29.49% | 22.09% | 12.15% | -4.24% | 1.04% | -16.93% | -94.51% | -100.37% | -327% | -9534.5% |
| EBITDA Growth % | 9.34% | 4.43% | 7.55% | 14.22% | -2.59% | 29.02% | 24.34% | 19.98% | 109.35% | 655.82% | 4333.05% | 342.43% | 144.88% | 86.85% | 103.37% | 51.75% | -27.32% | -31.35% | -50.8% | -1.27% |
| D&A (Non-Cash Add-back) | 260.72M | 295.15M | 250.83M | 243.76M | 250.53M | 246.63M | 238.85M | 242.94M | 245.09M | 233.28M | 224.67M | 214.61M | 210.68M | 216.63M | 202.1M | 195.86M | 195.46M | 197.63M | 188.53M | 188.64M |
| EBIT | 192.24M | 175.93M | 762.45M | 198.98M | 176.44M | 283.08M | 657.06M | 343.46M | 236.53M | 89.06M | 535.38M | 264.5M | 1.76M | -304.98M | -153.77M | -365.81M | -650.64M | -620.38M | -684.39M | -579.6M |
| Net Interest Income | -165.99M | -170.04M | -328.82M | -168.35M | -217.87M | -175.36M | -175.22M | -178.47M | -218.18M | -197.38M | -181.2M | -177.69M | -171.26M | -177.12M | -152.33M | -144.38M | -327.69M | -950.02M | -161.21M | -137.26M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 165.99M | 170.04M | 328.82M | 168.35M | 217.87M | 175.36M | 175.22M | 178.47M | 218.18M | 197.38M | 181.2M | 177.69M | 171.26M | 177.12M | 152.33M | 144.38M | 327.69M | 950.02M | 161.21M | 137.26M |
| Other Income/Expense | -125.28M | -180.75M | -315.81M | -393.21M | -242.38M | -107.02M | -209.36M | -176.58M | -200.04M | -232.65M | -169.14M | -185.74M | -180.21M | -201.13M | -120.87M | -113.39M | -289.56M | -883.53M | -156.49M | -111.76M |
| Pretax Income | 107.66M | 5.89M | 433.64M | 30.63M | -41.44M | 107.72M | 481.85M | 164.99M | 18.35M | -108.32M | 354.18M | 86.81M | -169.49M | -482.1M | -306.1M | -510.19M | -978.32M | -1.57B | -845.59M | -716.86M |
| Pretax Margin % | 4.62% | 0.26% | 14.76% | 1.22% | -1.95% | 5.11% | 17.17% | 6.95% | 0.84% | -5.45% | 13.97% | 3.94% | -9.3% | -31.74% | -18.95% | -42.97% | -187.44% | -322.18% | -552.38% | -16411.68% |
| Income Tax | 2.99M | -8.36M | 14.34M | 637K | -1.14M | -146.82M | 6.92M | 1.55M | 1M | -1.83M | 8.31M | 694K | -10.17M | 385K | -10.71M | -867K | 4.39M | 2.32M | 294K | 927K |
| Effective Tax Rate % | 2.78% | -141.96% | 3.31% | 2.08% | 2.75% | -136.29% | 1.44% | 0.94% | 5.45% | 1.69% | 2.35% | 0.8% | 6% | -0.08% | 3.5% | 0.17% | -0.45% | -0.15% | -0.03% | -0.13% |
| Net Income | 104.67M | 14.25M | 419.3M | 29.99M | -40.3M | 254.54M | 474.93M | 163.44M | 17.35M | -106.48M | 345.87M | 86.12M | -159.32M | -482.48M | -295.39M | -509.32M | -982.71M | -1.57B | -845.88M | -717.79M |
| Net Margin % | 4.49% | 0.64% | 14.27% | 1.19% | -1.89% | 12.07% | 16.92% | 6.89% | 0.79% | -5.36% | 13.64% | 3.9% | -8.74% | -31.76% | -18.28% | -42.9% | -188.28% | -322.65% | -552.57% | -16432.9% |
| Net Income Growth % | 359.75% | -94.4% | -11.71% | -81.65% | -332.21% | 339.03% | 37.32% | 89.79% | 110.89% | 77.93% | 217.09% | 116.91% | 83.79% | 69.32% | 65.08% | 29.04% | 28.28% | -112.84% | -24.88% | -0.36% |
| Net Income (Continuing) | 104.67M | 14.25M | 419.3M | 29.99M | -40.3M | 254.54M | 474.93M | 163.44M | 17.35M | -106.48M | 345.87M | 86.12M | -159.32M | -482.48M | -295.39M | -509.32M | -982.71M | -1.57B | -845.88M | -717.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.23 | 0.03 | 0.86 | 0.07 | -0.09 | 0.49 | 0.95 | 0.32 | 0.04 | -0.25 | 0.68 | 0.19 | -0.38 | -1.14 | -0.70 | -1.22 | -2.35 | -4.01 | -2.29 | -1.94 |
| EPS Growth % | 351.92% | -93.88% | -9.47% | -79.09% | -326.55% | 296% | 39.71% | 68.42% | 110.61% | 78.07% | 197.14% | 115.57% | 83.83% | 71.57% | 69.43% | 37.11% | 43.51% | -59.76% | 8.4% | 35.12% |
| EPS (Basic) | 0.23 | 0.03 | 0.93 | 0.07 | -0.09 | 0.58 | 1.08 | 0.38 | 0.04 | -0.25 | 0.81 | 0.20 | -0.38 | -1.14 | -0.70 | -1.22 | -2.35 | -4.01 | -2.29 | -1.94 |
| Diluted Shares Outstanding | 466.15M | 459.52M | 495.73M | 443.88M | 441.15M | 518.11M | 514.88M | 513.59M | 431.02M | 425.43M | 511.59M | 461.08M | 422.66M | 421.4M | 420.8M | 419.11M | 417.73M | 391.74M | 370.02M | 369.93M |
| Basic Shares Outstanding | 456.65M | 455.26M | 451M | 443.88M | 441.15M | 439.71M | 439.7M | 434.81M | 426.8M | 425.43M | 425.4M | 424.18M | 422.66M | 421.4M | 420.8M | 417.48M | 417.73M | 391.74M | 369.38M | 369.93M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |