Norwegian Cruise Line Holdings Ltd.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $9.8B | $9.5B | $8.5B | $4.8B | $648.0M |
| Cost of revenue | $5.6B | $5.7B | $5.5B | $4.3B | $1.6B |
| Selling, general & administrative | $1.5B | $1.4B | $1.3B | $1.4B | $891.5M |
| Operating expenses | $2.6B | $2.3B | $2.2B | $2.1B | $1.6B |
| Operating income | $1.6B | $1.5B | $930.9M | -$1.6B | -$2.6B |
| Interest expense | — | — | $727.5M | $801.5M | $2.1B |
| Pretax income | $428.7M | $772.9M | $163.2M | -$2.3B | -$4.5B |
| Income tax expense | $5.5M | -$137.3M | -$3.0M | -$6.8M | $5.3M |
| Net income | $423.2M | $910.3M | $166.2M | -$2.3B | -$4.5B |
| Balance Sheet | |||||
| Cash and equivalents | $209.9M | $190.8M | $402.4M | $947.0M | $1.5B |
| Current assets | $1.1B | $1.0B | $1.3B | $1.9B | $3.3B |
| Total assets | $22.5B | $20.0B | $19.5B | $18.6B | $18.7B |
| Current liabilities | $5.5B | $5.8B | $6.0B | $5.1B | $3.7B |
| Total liabilities | $20.3B | $18.5B | $19.2B | $18.5B | $16.3B |
| Total debt | $14.6B | $13.1B | $14.1B | $13.6B | $12.4B |
| Stockholders' equity | $2.2B | $1.4B | $300.8M | $68.6M | $2.4B |
| Cash Flow Statement | |||||
| Cash from operations | $2.1B | $2.0B | $2.0B | $210.0M | -$2.5B |
| Depreciation and amortization | $1.2B | $973.5M | $883.2M | $810.1M | $758.6M |
| Stock-based compensation | $88.4M | $91.8M | $118.9M | $113.6M | $124.1M |
| Capital expenditure | $3.3B | $1.2B | $2.8B | $1.8B | $752.8M |
| Free cash flow | -$1.2B | $838.9M | -$744.6M | -$1.6B | -$3.2B |
| Impairments | — | — | $1.3B | $1.3B | $1.3B |
Shares outstanding 459.1M · Free float 96.5%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.