Norwegian Cruise Line Holdings Ltd. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Norwegian Cruise Line Holdings Ltd. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $1.25B | Feb 27, 2018 |
| FY2017 | Sep 30, 2017 | $1.65B | Feb 27, 2018 |
| FY2017 | Jun 30, 2017 | $1.34B | Feb 27, 2018 |
| FY2017 | Mar 31, 2017 | $1.15B | Feb 27, 2018 |
| FY2017 | Dec 31, 2016 | $1.13B | Feb 27, 2018 |
| FY2017 | Sep 30, 2016 | $1.48B | Feb 27, 2018 |
| FY2017 | Jun 30, 2016 | $1.19B | Feb 27, 2018 |
| FY2017 | Mar 31, 2016 | $1.08B | Feb 27, 2018 |
| FY2016 | Dec 31, 2015 | $1.04B | Feb 27, 2017 |
| FY2016 | Sep 30, 2015 | $1.28B | Feb 27, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $423.25M | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $910.26M | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $166.18M | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | ($2.27B) | Feb 27, 2025 |
| FY2021 | Dec 31, 2021 | ($1.57B) | Mar 1, 2022 |
| FY2021 | Sep 30, 2021 | ($845.89M) | Mar 1, 2022 |
| FY2021 | Jun 30, 2021 | ($717.79M) | Mar 1, 2022 |
| FY2021 | Mar 31, 2021 | ($1.37B) | Mar 1, 2022 |
| FY2021 | Dec 31, 2020 | ($738.93M) | Mar 1, 2022 |
| FY2021 | Sep 30, 2020 | ($677.37M) | Mar 1, 2022 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.56B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $1.47B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $930.91M | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | ($1.55B) | Feb 27, 2025 |
| FY2021 | Dec 31, 2021 | ($686.87M) | Mar 1, 2022 |
| FY2021 | Sep 30, 2021 | ($689.11M) | Mar 1, 2022 |
| FY2021 | Jun 30, 2021 | ($605.10M) | Mar 1, 2022 |
| FY2021 | Mar 31, 2021 | ($571.27M) | Mar 1, 2022 |
| FY2021 | Dec 31, 2020 | ($546.88M) | Mar 1, 2022 |
| FY2021 | Sep 30, 2020 | ($517.78M) | Mar 1, 2022 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.55B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $1.43B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $1.34B | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $1.38B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $891.45M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $745.35M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $974.85M | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $897.93M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $773.76M | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $666.16M | Feb 27, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.09B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $2.05B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $2.01B | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $210.02M | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | ($2.47B) | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | ($2.56B) | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $1.82B | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $2.08B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.60B | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $1.26B | Feb 27, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.26B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $1.21B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $2.75B | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $1.78B | Feb 27, 2025 |
| FY2023 | Dec 31, 2021 | $752.84M | Feb 28, 2024 |
| FY2022 | Dec 31, 2020 | $946.55M | Feb 28, 2023 |
| FY2021 | Dec 31, 2019 | $1.64B | Mar 1, 2022 |
| FY2020 | Dec 31, 2018 | $1.57B | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $1.37B | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $1.09B | Feb 27, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $22.54B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $19.97B | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | $19.49B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $18.56B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $18.73B | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $18.40B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $16.68B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $15.21B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $14.09B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $12.97B | Feb 27, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $20.33B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $18.54B | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | $19.19B | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $18.49B | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $16.30B | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $14.05B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $10.17B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $9.24B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $8.35B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $8.44B | Feb 27, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.21B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $1.43B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $300.81M | Mar 2, 2026 |
| FY2025 | Dec 31, 2022 | $68.59M | Mar 2, 2026 |
| FY2024 | Dec 31, 2021 | $2.43B | Feb 27, 2025 |
| FY2023 | Dec 31, 2020 | $4.35B | Feb 28, 2024 |
| FY2022 | Dec 31, 2019 | $6.52B | Feb 28, 2023 |
| FY2021 | Dec 31, 2018 | $5.96B | Mar 1, 2022 |
| FY2020 | Dec 31, 2017 | $5.75B | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $4.54B | Feb 27, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $135.76M | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $135.76M | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | $98.13M | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $98.13M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $98.13M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | $98.13M | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $1.39B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $1.39B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $1.39B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $1.39B | Feb 27, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($5.57B) | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | ($5.99B) | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | ($6.90B) | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | ($7.07B) | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | ($4.80B) | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | ($295.45M) | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $3.83B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $2.90B | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $1.96B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $1.20B | Feb 27, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $209.89M | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $190.77M | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | $402.42M | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | $946.99M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | $1.51B | Feb 28, 2023 |
| FY2021 | Sep 30, 2021 | $1.37B | Mar 1, 2022 |
| FY2021 | Jun 30, 2021 | $2.37B | Mar 1, 2022 |
| FY2021 | Mar 31, 2021 | $3.30B | Mar 1, 2022 |
| FY2021 | Dec 31, 2020 | $3.30B | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | $252.88M | Feb 26, 2021 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $1.55B | Feb 26, 2021 |
| FY2015 | Dec 31, 2015 | $6.40B | Feb 29, 2016 |
| FY2015 | Dec 31, 2014 | $6.08B | Feb 29, 2016 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | (5) | Feb 27, 2025 |
| FY2021 | Dec 31, 2021 | (4) | Mar 1, 2022 |
| FY2021 | Sep 30, 2021 | (2) | Mar 1, 2022 |
| FY2021 | Jun 30, 2021 | (1) | Mar 1, 2022 |
| FY2021 | Mar 31, 2021 | (4) | Mar 1, 2022 |
| FY2021 | Dec 31, 2020 | (2) | Mar 1, 2022 |
| FY2021 | Sep 30, 2020 | (2) | Mar 1, 2022 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | 1 | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | (5) | Feb 27, 2025 |
| FY2021 | Dec 31, 2021 | (4) | Mar 1, 2022 |
| FY2021 | Sep 30, 2021 | (2) | Mar 1, 2022 |
| FY2021 | Jun 30, 2021 | (1) | Mar 1, 2022 |
| FY2021 | Mar 31, 2021 | (4) | Mar 1, 2022 |
| FY2021 | Dec 31, 2020 | (2) | Mar 1, 2022 |
| FY2021 | Sep 30, 2020 | (2) | Mar 1, 2022 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 455.26M | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | 439.86M | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | 425.55M | Feb 27, 2025 |
| FY2023 | Dec 31, 2022 | 421.41M | Feb 28, 2024 |
| FY2022 | Dec 31, 2021 | 416.89M | Feb 28, 2023 |
| FY2021 | Dec 31, 2020 | 315.64M | Mar 1, 2022 |
| FY2020 | Dec 31, 2019 | 213.08M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 217.65M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | 228.53M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | 227.24M | Feb 27, 2018 |