Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026

Norwegian Cruise Line Holdings (NCLH)

NYSE Consumer Discretionary Hotels, Resorts & Cruise Lines S&P 500
$17.92
+0.16 (+0.90%)
Close of Nov 06, 2026 · end-of-day data
Source: Norwegian Cruise Line Holdings's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$4.87B$5.40B$6.06B$6.46B$1.28B$647.99M$4.84B$8.55B$9.48B$9.83B
Cost of revenue———$3.66B$1.69B$1.61B$4.27B$5.47B$5.69B$5.64B
Gross profit———$2.80B-$413.15M-$960.05M$576.67M$3.08B$3.79B$4.19B
Selling, general & admin$666.16M$773.75M$897.93M$974.85M$745.35M$891.45M$1.38B$1.34B$1.43B$1.55B
Operating income$925.46M$1.05B$1.22B$1.18B-$3.48B-$2.55B-$1.55B$930.91M$1.47B$1.56B
Interest expense$276.90M$267.80M$270.40M$272.90M$482.30M$2.10B$801.50M$727.50M——
Pre-tax income$640.30M$770.61M$969.31M$911.37M-$4.00B-$4.50B-$2.28B$163.18M$772.91M$428.72M
Income tax$7.22M$10.74M$14.47M-$18.86M$12.47M$5.27M-$6.79M-$3.00M-$137.35M$5.47M
Net income$633.09M$759.87M$954.84M$930.23M-$4.01B-$4.51B-$2.27B$166.18M$910.26M$423.25M
EBITDA$1.37B$1.57B$1.79B$1.83B-$2.74B-$1.79B-$741.70M$1.81B$2.44B$2.72B
EPS (basic)$2.79$3.33$4.28$4.33$-15.75$-12.33$-5.41$0.39$2.09$0.94
EPS (diluted)$2.78$3.31$4.25$4.30$-15.75$-12.33$-5.41$0.39$1.89$0.92
Diluted shares227.85M229.42M224.42M216.48M254.73M365.45M419.77M427.40M515.03M477.74M
Gross margin———43.3%-32.3%-148.2%11.9%36.0%40.0%42.6%
Operating margin19.0%19.4%20.1%18.2%-272.2%-393.9%-32.0%10.9%15.5%15.9%
Net margin13.0%14.1%15.8%14.4%-313.5%-695.5%-46.9%1.9%9.6%4.3%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$128.35M$176.19M$163.85M$252.88M$3.30B$1.51B$946.99M$402.42M$190.76M$209.89M
Short-term investments—————$240.00M————
Receivables$63.22M$43.96M$55.25M$75.11M$20.58M$1.17B$326.27M$280.27M$221.41M$291.66M
Inventory$66.25M$82.12M$90.20M$95.43M$82.38M$118.20M$148.72M$157.65M$149.72M$138.18M
Total current assets$411.09M$518.34M$550.31M$730.14M$3.56B$3.30B$1.87B$1.31B$1.01B$1.14B
Goodwill$1.39B$1.39B$1.39B$1.39B$98.13M$98.13M$98.13M$98.13M$135.76M$135.76M
Total assets$12.97B$14.09B$15.21B$16.68B$18.40B$18.73B$18.56B$19.49B$19.97B$22.54B
Total current liabilities$2.31B$2.49B$3.15B$3.58B$1.91B$3.73B$5.05B$6.04B$5.78B$5.45B
Short-term debt$560.19M$619.37M$681.22M$746.36M$124.89M$876.89M$991.13M$1.74B$1.32B$875.90M
Long-term debt$5.84B$5.69B$5.81B$6.00B$1.55B$11.57B$12.63B$12.31B$11.78B$13.73B
Total debt$6.40B$6.31B$6.49B$6.75B$1.68B$12.45B$13.62B$14.06B$13.10B$14.61B
Total liabilities$8.44B$8.35B$9.24B$10.17B$14.05B$16.30B$18.49B$19.19B$18.54B$20.33B
Shareholders' equity$4.54B$5.75B$5.96B$6.52B$4.35B$2.43B$68.59M$300.81M$1.43B$2.21B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.26B$1.60B$2.08B$1.82B-$2.56B-$2.47B$210.02M$2.01B$2.05B$2.09B
Capital expenditures$1.09B$1.37B$1.57B$1.64B$946.54M$752.84M$1.78B$2.75B$1.21B$3.26B
Free cash flow$172.00M$229.03M$508.38M$185.44M-$3.50B-$3.22B-$1.57B-$744.65M$838.87M-$1.17B
Investing cash flow-$1.13B-$1.40B-$1.50B-$1.68B-$975.36M-$1.00B-$1.76B-$2.90B-$1.23B-$3.26B
Financing cash flow-$122.76M-$148.51M-$584.80M-$53.39M$6.58B$1.68B$986.22M$346.86M-$1.03B$1.19B
Share buybacks$50.00M—$664.81M$349.86M——————
Stock-based compensation$66.41M$87.04M$115.98M$95.06M$111.30M$124.08M$113.56M$118.94M$91.78M$88.39M
Depreciation & amortization$445.63M$521.48M$566.97M$647.10M$739.62M$758.60M$810.05M$883.24M$973.51M$1.16B

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.