The financials
Norwegian Cruise Line Holdings by the numbers
Norwegian Cruise Line Holdings (NCLH) reported revenue of $2.64B in Q2 2026 (quarter ended Jun 30, 2026), up 4.9% from the same quarter a year earlier. That came with a gross margin of 40% and net income of $223M (8.4% of revenue). For the full year FY2025, revenue was $9.83B (+3.7% year on year) and net income $423M. Its largest region in Q2 2026 was North America at $1.55B, 59% of the disclosed total, well ahead of Europe at 31%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $2.64B | $2.52B | +4.9% |
| Gross profit | $1.05B | $1.06B | −0.7% |
| Operating income | $363M | $424M | −14% |
| Net income | $223M | $30M | +642% |
| Diluted EPS | $0.48 | $0.07 | +586% |
| Geographic | Revenue | Share |
|---|---|---|
| North America | $1.55B | 59% |
| Europe | $815M | 31% |
| Asia Pacific | $209M | 7.9% |
| Other Country | $64M | 2.4% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $2.64B (+13%)
Other Country grew +113% year on yearEurope -15% year on year
Segment Latestquarter on quarteryear on year
- North America$1.55B$1.55BQoQ -12%year on year +20%-12%+20%
- Europe$815.0M$815.0MQoQ +2452%year on year -15%+2452%-15%
- Asia Pacific$209.1M$209.1MQoQ -43%year on year -10%-43%-10%
- Other Country$63.5M$63.5MQoQ -62%year on year +113%-62%+113%
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