Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) Financials

Key financial figures for Norwegian Cruise Line Holdings Ltd. Ordinary Shares (Q3 2026).

NCLH Q3 Adjusted EPS of $1.12 and Adjusted EBITDA of $937M beat company guidance; FY2026 outlook raised to about $1.70 Adjusted EPS. Revenue $2.95B, roughly flat year over year (+0.3%); GAAP net income $491M, diluted EPS $1.07 vs $0.86 a year ago. Adjusted EPS $1.12 vs FMP estimate $0.934, and above the company's own $0.90 guidance; Adjusted EBITDA $937M vs $874M guided but down about 8% from $1.02B a year ago. Net Yield fell 6.5% as reported (guided down 8.9%); Adjusted Net Cruise Cost excl. Fuel per Capacity Day fell 2.2%; occupancy 106.5%. FY2026 guidance raised: Adjusted EBITDA about $2.55B, Adjusted EPS about $1.70; Q4 guided to Adjusted EBITDA about $414M and Net Yield down about 6.5%. On the outlook: FY2026: Adjusted EBITDA about $2.55B, Adjusted EPS about $1.70, Adjusted Net Income about $789M, Net Yield down about 4.4% constant currency, Adjusted Net Cruise Cost excl. Fuel per Capacity Day down about 0.4% constant currency. Q4 2026: Adjusted EBITDA about $414M, Adjusted EPS about -$0.12, Net Yield down about 6.5% constant currency. Figures are for Q3 2026, as Norwegian Cruise Line Holdings reported them.

Revenue
$2.9B
Net Income
$491M
EPS
$1.07
Total Assets
$24.0B
Operating Cash Flow
$292M

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q3 FY2026$2.9B$491M$1.0721.19%-$105M
Q2 FY2026$2.6B$223M$0.4813.76%$178M
Q1 FY2026$2.3B$105M$0.239.99%-$625M
Q4 FY2025$2.2B$14M$0.038.32%$21M
Q3 FY2025$2.9B$419M$0.8625.51%-$727M

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2025$9.8B$423M$0.9216.21%-$1.2B
FY2024$9.5B$910M$1.8915.46%$839M
FY2023$8.5B$166M$0.3910.89%-$745M

Frequently asked questions

What was Norwegian Cruise Line Holdings's revenue last quarter?

Norwegian Cruise Line Holdings reported revenue of $2.95 billion for Q3 FY2026, up 0.3% from the same period a year earlier.

Is Norwegian Cruise Line Holdings profitable?

Yes. Norwegian Cruise Line Holdings reported net income of $491.5 million for Q3 FY2026, a net margin of 16.68% on revenue.

How has Norwegian Cruise Line Holdings's margin trended?

Operating margin was 21.19% in Q3 FY2026, compared with 25.51% 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 -$105.4 million in Q3 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.