Viking Holdings Ltd (VIK) Revenue History
Annual and quarterly revenue from 2021 to present
VIK Revenue Over Time (2021–2025)
VIK Revenue Growth History
4 of 4 years with positive growth- FY2021 revenue growth
- N/A
- FY2022 revenue growth
- +408.1%
- FY2023 revenue growth
- +48.3%
- FY2024 revenue growth
- +13.2%
- FY2025 revenue growth
- +21.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $1.05B | +17.5% |
| Q4 2025 | $1.72B | +27.8% |
| Q3 2025 | $2.00B | +19.1% |
| Q2 2025 | $1.88B | +18.5% |
| Q1 2025 | $897.1M | +24.9% |
| Q4 2024 | $1.35B | +20.5% |
| Q3 2024 | $1.68B | +11.4% |
| Q2 2024 | $1.59B | — |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
VIK's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
VIK Revenue Analysis (2021–2025)
Current Revenue & Growth
As of June 21, 2026, Viking Holdings Ltd (VIK) generated trailing twelve-month (TTM) revenue of $6.66 billion, reflecting strong growth of +17.5% year-over-year. The most recent quarter (Q1 2026) recorded $1.05 billion in revenue, down 38.9% sequentially.
Historical Growth Trajectory
VIK's historical revenue data shows a 3-year CAGR of +27.0%. Viking Holdings Ltd's highest annual revenue of $6.50 billion was recorded in 2025, an all-time high.
Revenue by Segment
VIK's revenue is primarily driven by Onboard and Other (100%). With over half of revenue concentrated in Onboard and Other, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Cyclical sector peers — including CCL (+6.4% YoY), RCL (+9.7% YoY), and NCLH (+6.5% YoY) — VIK has outperformed the peer group in revenue growth. Compare VIK vs CCL →
VIK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VIKCurrent | $6.7B | +17.5% | - | 23.1% | |
 CCL | $26.6B | +6.4% | +36.6% | 16.8% | |
 RCL | $17.9B | +9.7% | +52.0% | 27.4% | |
 NCLH | $9.8B | +6.5% | +50.3% | 16.2% | |
 ONEW | $1.9B | +5.2% | +12.9% | 3.3% | |
 HGV | $5.0B | +4.2% | +41.4% | 11.1% |
VIK Historical Revenue Data (2021–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.50B | +21.9% | $2.53B | 39.0% | $1.50B | 23.1% |
| 2024 | $5.33B | +13.2% | $1.96B | 36.7% | $1.08B | 20.2% |
| 2023 | $4.71B | +48.3% | $1.60B | 34.1% | $816.0M | 17.3% |
| 2022 | $3.18B | +408.1% | $747.1M | 23.5% | $63.1M | 2.0% |
| 2021 | $625.1M | - | $-291,587,000 | -46.6% | $-753,749,000 | -120.6% |
Full Stock Analysis
Deep dive into VIK consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
VIK — Frequently Asked Questions
Quick answers to the most common questions about buying VIK stock.
Is VIK's revenue growth accelerating or slowing?
VIK revenue growth is accelerating. TTM revenue reached $6.7B, up +17.5% year-over-year — ahead of the 5-year CAGR of N/A. This indicates the business is expanding faster than its historical baseline.
What is VIK's revenue history from 2021 to 2026?
Viking Holdings Ltd (VIK) revenue history spans 2021 to 2026. TTM revenue as of 2026 is $6.7B, growing at +17.5% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is VIK's long-term revenue growth rate (CAGR)?
Viking Holdings Ltd's 5-year revenue CAGR of N/A reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +17.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for VIK.
Why does VIK's quarterly revenue fluctuate?
VIK quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Viking Holdings Ltd's revenue data from 2021 to 2026 shows full historical quarterly detail on this page.
How is VIK's revenue distributed by segment?
VIK reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does VIK's revenue compare to industry peers?
Viking Holdings Ltd (VIK) with TTM revenue of $6.7B and +17.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.