NCLH Q3 2025 Earnings — Norwegian Cruise Line Holdings Ltd. Revenue & Financial Results | Market Cap Arena

NCLHNorwegian Cruise Line Holdings Ltd.

$9B

Q3 2025 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$2.9B+4.7% YoY

Gross Profit

$1.4B47.1% margin

Operating Income

$749M25.5% margin

Net Income

$419M14.3% margin

EPS (Diluted)

$0.86

QoQ Revenue Growth

+16.7%

Cash Flow

Operating Cash Flow

$237M

Free Cash Flow

-$727M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$22.2B

Total Liabilities

$20.0B

Stockholders' Equity

$2.2B

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.8B	+4.7%
Gross Profit	$1.4B	$1.3B	+9.1%
Operating Income	$749M	$691M	+8.4%
Net Income	$419M	$475M	-11.7%

Revenue Segments

Passenger ticket

$2.0B70%

Onboard and other

$888M30%

Geographic Segments

North America

$1.5B50%

Europe

$1.3B46%

Asia Pacific

$125M4%

Other Country

$891,0000%