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Norwegian Cruise Line Holdings revenue

Norwegian Cruise Line Holdings's revenue was $9.83bn in fiscal 2025, up 3.7% on the year before. Since fiscal 2011 ($2.22bn) it has grown at a compound 11.2% a year. Over the last twelve months it was $10.16bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Norwegian Cruise Line Holdings: revenue history, annual
Fiscal year2011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue2.22.32.63.14.34.95.46.16.51.30.64.88.59.59.810.2
Growth on the year before—+2.6%+12.9%+21.6%+39.0%+12.2%+10.7%+12.2%+6.7%−80.2%−49.4%+647.5%+76.5%+10.9%+3.7%—
Gross profit————————2.8−0.4−1.00.63.13.84.24.2

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Passenger $6.7B 68.0% ▲ 4.2%
Onboard and Other $3.1B 32.0% ▲ 2.5%
Geography
Region Revenue Share YoY
North America $5.6B 57.5% ▲ 6.2%
Europe $2.9B 29.5% ▼ 4.5%
Asia Pacific $997M 10.1% ▲ 27.9%
Other Country $283M 2.9% ▼ 18.3%

From Norwegian Cruise Line Holdings's 10-K filed March 2, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Hotels, Resorts & Cruise Lines: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Norwegian Cruise Line Holdings $10.16bn 4.9% 7.9%
Trip.com Group Ltd $8.68bn 17.2% 110.6%
Hilton Worldwide $12.69bn 8.1% 8.0%
Airbnb $13.16bn 13.6% 13.1%
Hyatt Hotels Corp $7.11bn 2.8% 2.5%
Expedia Group $15.70bn 12.0% 8.6%

Compare with peers

Head to head: NCLH vs TCOMHLT vs NCLHABNB vs NCLH

More: Hotels, Resorts & Cruise Lines stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Norwegian Cruise Line Holdings's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Norwegian Cruise Line Holdings.