NCLH Q2 2025 Earnings — Norwegian Cruise Line Holdings Ltd. Revenue & Financial Results | Market Cap Arena

NCLHNorwegian Cruise Line Holdings Ltd.

$9B

Q2 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$2.5B+6.1% YoY

Gross Profit

$1.1B42.1% margin

Operating Income

$424M16.8% margin

Net Income

$30M1.2% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

+18.3%

Cash Flow

Operating Cash Flow

$715M

Free Cash Flow

$381M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$21.6B

Total Liabilities

$20.0B

Stockholders' Equity

$1.6B

Cash & Equivalents

$184M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.4B	+6.1%
Gross Profit	$1.1B	$918M	+15.6%
Operating Income	$424M	$342M	+24.1%
Net Income	$30M	$163M	-81.6%

Revenue Segments

Passenger ticket

$1.7B68%

Onboard and other

$809M32%

Geographic Segments

North America

$1.3B51%

Europe

$964M38%

Asia Pacific

$233M9%

Other Country

$30M1%