NCLH Q1 2025 Earnings — Norwegian Cruise Line Holdings Ltd. Revenue & Financial Results | Market Cap Arena

NCLHNorwegian Cruise Line Holdings Ltd.

$9B

Q1 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$2.1B-2.9% YoY

Gross Profit

$824M38.7% margin

Operating Income

$201M9.4% margin

Net Income

-$40M-1.9% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

$679M

Free Cash Flow

-$846M

Stock-Based Comp.

$20M

Balance Sheet

Total Assets

$21.4B

Total Liabilities

$19.9B

Stockholders' Equity

$1.4B

Cash & Equivalents

$184M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.2B	-2.9%
Gross Profit	$824M	$804M	+2.5%
Operating Income	$201M	$218M	-8.0%
Net Income	-$40M	$17M	-332.2%

Revenue Segments

Passenger ticket

$1.4B67%

Onboard and other

$709M33%

Geographic Segments

North America

$1.4B68%

Asia Pacific

$406M19%

Other Country

$202M9%

Europe

$73M3%