Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) Financials
Key financial figures for Norwegian Cruise Line Holdings Ltd. Ordinary Shares (Q2 2026).
Norwegian Cruise Line Holdings beat Q2 2026 profitability guidance with $2.64 billion in revenue and $0.48 adjusted EPS, but cut full-year 2026 adjusted EPS guidance to approximately $1.50 from the ~$1.65 guided in May, citing softer booking demand. Total revenue grew 4.9% year-over-year to $2.64 billion ($2,640,544 thousand) for the quarter ended June 30, 2026, driven by increased capacity days. Adjusted EPS of $0.48 declined 6.6% year-over-year but beat the company's own guidance of $0.38; GAAP diluted EPS was also $0.48 on GAAP net income of $223 million, up sharply from $0.07 and $30 million in Q2 2025. Adjusted EBITDA fell 4.1% year-over-year to $666 million, though it came in above guidance of $632 million. On the outlook: FY2026 guidance lowered: Adjusted EPS cut to approximately $1.50 (from approximately $1.65 guided in May 2026), Adjusted EBITDA maintained at approximately $2.5 billion, Adjusted Net Income approximately $700 million, net yield (constant currency) expected to decline approximately 5% versus 2025, occupancy expected around 102.3%. Figures are for Q2 2026, as Norwegian Cruise Line Holdings reported them.
- Revenue
- $2.6B
- Net Income
- $223M
- EPS
- $0.48
- Total Assets
- $24.0B
- Operating Cash Flow
- $603M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $2.6B | $223M | $0.48 | 13.76% | $178M |
| Q1 FY2026 | $2.3B | $105M | $0.23 | 9.99% | -$625M |
| Q4 FY2025 | $2.2B | $14M | $0.03 | 8.32% | $21M |
| Q3 FY2025 | $2.9B | $419M | $0.86 | 25.51% | -$727M |
| Q2 FY2025 | $2.5B | $30M | $0.07 | 16.84% | $381M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $9.8B | $423M | $0.90 | 16.21% | -$1.2B |
| FY2024 | $9.5B | $910M | $1.89 | 15.46% | $839M |
| FY2023 | $8.5B | $166M | $0.39 | 10.89% | -$745M |
Frequently asked questions
What was Norwegian Cruise Line Holdings's revenue last quarter?
Norwegian Cruise Line Holdings reported revenue of $2.64 billion for Q2 FY2026, up 4.9% from the same period a year earlier.
Is Norwegian Cruise Line Holdings profitable?
Yes. Norwegian Cruise Line Holdings reported net income of $222.6 million for Q2 FY2026, a net margin of 8.43% on revenue.
How has Norwegian Cruise Line Holdings's margin trended?
Operating margin was 13.76% in Q2 FY2026, compared with 16.84% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Norwegian Cruise Line Holdings generate?
Norwegian Cruise Line Holdings generated free cash flow of $178.4 million in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Norwegian Cruise Line Holdings Ltd. Ordinary Shares on SentiSense, with up to forty quarters and twenty fiscal years of history.