Norwegian Cruise Line Holdings Ltd. (NCLH) — Financial statements
Income statement, balance sheet, and cash flow for Norwegian Cruise Line Holdings Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 9,828↑3.7% | 9,480↑10.9% | 8,550↑76.5% | 4,844↑647.5% | 648 | |
| Cost of Revenue | 6,686↑17.5% | 5,689↑4.0% | 5,469↑28.2% | 4,267↑165.4% | 1,608 | |
| Gross Profit | 3,142↓17.1% | 3,791↑23.0% | 3,081↑434.3% | 577↑160.1% | -960 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,549↑7.9% | 1,435↑6.9% | 1,342↓2.7% | 1,379↑54.7% | 891 | |
| Other Expenses | 0.00↓100.0% | 890↑10.1% | 809↑7.9% | 749↑6.9% | 701 | |
| Operating Expenses | 1,549↓33.4% | 2,325↑8.1% | 2,150↑1.0% | 2,128↑33.7% | 1,592 | |
| Total Costs & Expenses | 8,235↑2.8% | 8,014↑5.2% | 7,619↑19.1% | 6,396↑99.8% | 3,200 | |
| Operating Results | ||||||
| Operating Income | 1,593↑8.7% | 1,466↑57.5% | 931↑160.0% | -1,552↑39.2% | -2,552 | |
| Depreciation & Amortization | 1,146↑17.7% | 974↑10.2% | 883↑9.0% | 810↑6.8% | 759 | |
| EBITDA | 2,739↑9.8% | 2,494↑40.6% | 1,774↑366.7% | -665↑60.2% | -1,670 | |
| EBIT | 1,593↑4.8% | 1,520↑70.7% | 891↑160.4% | -1,475↑39.3% | -2,428 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2,230↓198.5% | -747↓2.7% | -728↑9.2% | -802↑61.3% | -2,073 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 2,230↑198.5% | 747↑2.7% | 728↓9.2% | 802↓61.3% | 2,073 | |
| Non-Operating Income | 0.00↑100.0% | -54↓234.9% | 40↑152.5% | -77↑38.2% | -124 | |
| Other Income / Expenses | -1,164↓68.0% | -693↑9.7% | -768↓5.9% | -725↑62.8% | -1,949 | |
| Income Before Tax | 429↓44.5% | 773↑373.7% | 163↑107.2% | -2,277↑49.4% | -4,501 | |
| Income Tax Expense | 5↑104.0% | -137↓4475.3% | -3↑55.8% | -7↓229.0% | 5 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 423↓53.5% | 910↑447.8% | 166↑107.3% | -2,270↑49.6% | -4,507 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 423↓53.5% | 910↑447.8% | 166↑107.3% | -2,270↑49.6% | -4,507 | |
| Bottom-Line Net Income | 437↓52.0% | 910↑447.8% | 166↑107.3% | -2,270↑49.6% | -4,507 | |
| EPS (Basic) | 0.94↓55.0% | 2.09↑435.9% | 0.39↑107.2% | -5.41↑56.1% | -12.33 | |
| EPS (Diluted) | 0.90↓52.4% | 1.89↑384.6% | 0.39↑107.2% | -5.41↑56.1% | -12.33 | |
| Weighted Average Shares | 455↑4.6% | 435↑2.6% | 424↑1.1% | 420↑14.9% | 365 | |
| Weighted Average Diluted Shares | 460↓10.8% | 515↑20.5% | 427↑1.8% | 420↑14.9% | 365 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.