NCLH financials
Norwegian Cruise Line Holdings Ltd. · end-of-day data as of Oct 16, 2026
Norwegian Cruise Line Holdings Ltd.
$15.05-22.3%
Hold · 27 analystsPT $21.63 +43.7%
NCLH reported revenue of $2.64B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 4.9% from a year earlier. It posted diluted EPS of $0.48, free cash flow of $178M and a net margin of 8.4%.
Valuation
- P/E9.4x
- P/E vs own-48.7%
- P/E vs sector-51.7%
- FCF yield-16.7%
- Market cap$6.91B
Quarterly results
Q2 FY2026: Revenue +4.9% year over year, free cash flow 6.8% of revenue, operating margin 13.8%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $2.64B | 0.48 | $178M | 39.9% | 13.8% | 8.4% |
| Q1 FY2026 | Mar 31, 2026 | $2.33B | 0.23 | -$625M | 40.9% | 10.0% | 4.5% |
| Q4 FY2025 | Dec 31, 2025 | $2.24B | 0.03 | $21.46M | 41.0% | 8.3% | 0.6% |
| Q3 FY2025 | Sep 30, 2025 | $2.94B | 0.86 | -$727M | 47.1% | 25.5% | 14.3% |
| Q2 FY2025 | Jun 30, 2025 | $2.52B | 0.07 | $381M | 42.1% | 16.8% | 1.2% |
| Q1 FY2025 | Mar 31, 2025 | $2.13B | -0.09 | -$846M | 38.7% | 9.4% | -1.9% |
| Q4 FY2024 | Dec 31, 2024 | $2.11B | 0.49 | $156M | 38.0% | 10.2% | 12.1% |
| Q3 FY2024 | Sep 30, 2024 | $2.81B | 0.95 | -$196M | 45.2% | 24.6% | 16.9% |
| Q2 FY2024 | Jun 30, 2024 | $2.37B | 0.32 | $330M | 38.7% | 14.4% | 6.9% |
| Q1 FY2024 | Mar 31, 2024 | $2.19B | 0.04 | $548M | 36.7% | 10.0% | 0.8% |
| Q4 FY2023 | Dec 31, 2023 | $1.99B | -0.25 | -$389M | 33.5% | 6.3% | -5.4% |
| Q3 FY2023 | Sep 30, 2023 | $2.54B | 0.68 | -$918M | 41.5% | 20.6% | 13.6% |