Norwegian Cruise Line Holdings Q2 revenue up 4.9% to $2.6B; adjusted EPS down 6.6%
Norwegian Cruise Line Holdings reported second quarter 2026 total revenue of $2.6 billion, up 4.9%, and adjusted EPS of $0.48, down 6.6% but above its prior guidance of $0.38. The company updated full-year 2026 guidance, expecting adjusted EPS of about $1.50 and adjusted EBITDA of about $2.5 billion, and said demand at its Norwegian Cruise Line brand remains under pressure.
Key points
- Q2 total revenue rose 4.9% to $2.6 billion; GAAP net income was $223 million, or $0.48 per share, compared with $30 million a year earlier.
- Adjusted EBITDA declined 4.1% to $666 million and adjusted EPS fell 6.6% to $0.48, both above guidance.
- Q3 2026 Net Yield is expected to decline 8.9% on a constant currency basis; full-year 2026 Net Yield is expected to be down about 5%.
- As of June 30, 2026, total debt was $15.0 billion, Net Leverage was 5.3x, and liquidity was $1.5 billion.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.