Norwegian Cruise Line (NCLH) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Norwegian Cruise Line Revenue Highlights

Latest Revenue (Y)

$9.83B

Latest Revenue (Q)

$2.64B

Main Segment (Y)

Passenger ticket

Main Geography (Y)

North America

Norwegian Cruise Line Revenue by Period

Norwegian Cruise Line Revenue by Year

Date	Revenue	Change
2025-12-31	$9.83B	3.67%
2024-12-31	$9.48B	10.87%
2023-12-31	$8.55B	76.51%
2022-12-31	$4.84B	647.51%
2021-12-31	$647.99M	-49.37%
2020-12-31	$1.28B	-80.19%
2019-12-31	$6.46B	6.73%
2018-12-31	$6.06B	12.21%
2017-12-31	$5.40B	10.71%
2016-12-31	$4.87B	12.18%
2015-12-31	$4.35B	39.00%
2014-12-31	$3.13B	21.62%
2013-12-31	$2.57B	12.92%
2012-12-31	$2.28B	2.56%
2011-12-31	$2.22B	10.30%
2010-12-31	$2.01B	8.46%
2009-12-31	$1.86B	-11.93%
2008-12-31	$2.11B	-3.06%
2007-12-31	$2.17B	9.94%
2006-12-31	$1.98B	22.28%
2005-12-31	$1.62B	20.76%
2004-12-31	$1.34B	-

Norwegian Cruise Line generated $9.83B in revenue during NA 2025, up 3.67% compared to the previous quarter, and up 767.84% compared to the same period a year ago.

Norwegian Cruise Line Revenue by Quarter

Date	Revenue	Change
2026-06-30	$2.64B	13.27%
2026-03-31	$2.33B	3.87%
2025-12-31	$2.24B	-23.61%
2025-09-30	$2.94B	16.71%
2025-06-30	$2.52B	18.33%
2025-03-31	$2.13B	0.86%
2024-12-31	$2.11B	-24.84%
2024-09-30	$2.81B	18.30%
2024-06-30	$2.37B	8.27%
2024-03-31	$2.19B	10.31%
2023-12-31	$1.99B	-21.67%
2023-09-30	$2.54B	14.99%
2023-06-30	$2.21B	21.05%
2023-03-31	$1.82B	19.93%
2022-12-31	$1.52B	-5.97%
2022-09-30	$1.62B	36.08%
2022-06-30	$1.19B	127.46%
2022-03-31	$521.94M	7.08%
2021-12-31	$487.44M	218.42%
2021-09-30	$153.08M	3404.60%
2021-06-30	$4.37M	40.90%
2021-03-31	$3.10M	-67.64%
2020-12-31	$9.58M	46.96%
2020-09-30	$6.52M	-61.50%
2020-06-30	$16.93M	-98.64%
2020-03-31	$1.25B	-15.79%
2019-12-31	$1.48B	-22.64%
2019-09-30	$1.91B	15.00%
2019-06-30	$1.66B	18.57%
2019-03-31	$1.40B	1.62%
2018-12-31	$1.38B	-25.68%
2018-09-30	$1.86B	22.09%
2018-06-30	$1.52B	17.69%
2018-03-31	$1.29B	3.51%
2017-12-31	$1.25B	-24.35%
2017-09-30	$1.65B	22.89%
2017-06-30	$1.34B	16.80%
2017-03-31	$1.15B	2.28%
2016-12-31	$1.13B	-24.22%
2016-09-30	$1.48B	25.10%
2016-06-30	$1.19B	10.13%
2016-03-31	$1.08B	3.97%
2015-12-31	$1.04B	-19.33%
2015-09-30	$1.28B	18.38%
2015-06-30	$1.09B	15.70%
2015-03-31	$938.18M	18.92%
2014-12-31	$788.91M	-13.02%
2014-09-30	$907.02M	18.42%
2014-06-30	$765.93M	15.35%
2014-03-31	$664.03M	10.61%
2013-12-31	$600.35M	-24.76%
2013-09-30	$797.88M	23.81%
2013-06-30	$644.43M	22.14%
2013-03-31	$527.63M	4.86%
2012-12-31	$503.17M	-25.39%
2012-09-30	$674.41M	15.63%
2012-06-30	$583.23M	13.15%
2012-03-31	$515.43M	5.49%
2011-12-31	$488.59M	-26.71%
2011-09-30	$666.63M	17.24%
2011-06-30	$568.59M	14.75%
2011-03-31	$495.51M	2.46%
2010-12-31	$483.61M	-23.73%
2010-09-30	$634.11M	32.68%
2010-06-30	$477.92M	14.74%
2010-03-31	$416.50M	3.70%
2009-12-31	$401.66M	-27.06%
2009-09-30	$550.68M	15.10%
2009-06-30	$478.42M	12.71%
2009-03-31	$424.45M	-

Norwegian Cruise Line generated $2.64B in revenue during Q2 2026, up 13.27% compared to the previous quarter, and up 124.11% compared to the same period a year ago.

Norwegian Cruise Line Revenue Breakdown

Norwegian Cruise Line Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Onboard and other	$3.14B	$3.06B	$2.80B	$1.59B	$255.23M
Passenger ticket	$6.69B	$6.42B	$5.75B	$3.25B	$392.75M

Norwegian Cruise Line's latest annual revenue breakdown by segment (product or service), as of Dec 25: Passenger ticket (68.05%), and Onboard and other (31.95%).

Quarterly Revenue by Product

Product/Service	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Onboard and other	$910.71M	$788.90M	$734.36M	$888.18M	$808.51M	$708.87M	$1.47B	$861.66M	$731.40M	$653.40M	$802.44M	$727.02M	$613.10M	$507.58M	$509.60M	$393.29M	$179.49M	$182.56M	$66.95M	$2.78M
Passenger ticket	$1.73B	$1.54B	$1.51B	$2.05B	$1.71B	$1.42B	$3.01B	$1.94B	$1.46B	$1.33B	$1.73B	$1.48B	$1.21B	$1.01B	$1.11B	$793.89M	$342.45M	$304.88M	$86.13M	$1.58M

Norwegian Cruise Line's latest quarterly revenue breakdown by segment (product or service), as of Jun 26: Passenger ticket (65.51%), and Onboard and other (34.49%).

Norwegian Cruise Line Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Europe	$2.90B	$3.04B	$2.75B	$1.56B	$211.77M
Asia Pacific	$996.75M	$779.48M	$533.48M	-	-
North America	$5.65B	$5.32B	$5.00B	$3.08B	$424.38M
Other Country	$282.92M	$346.08M	$259.48M	$94.23M	$5.66M
Asia-Pacific	-	-	$533.48M	$115.44M	$6.19M

Norwegian Cruise Line's latest annual revenue breakdown by geography, as of Dec 25: North America (57.48%), Europe (29.50%), Asia Pacific (10.14%), and Other Country (2.88%).

Quarterly Revenue by Country

Country	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Dec 20
North America	$1.55B	$1.77B	$1.45B	$1.46B	$1.29B	$1.45B	$2.44B	$1.32B	$1.56B	$1.19B	$1.23B	$1.22B	$1.36B	$1.02B	$892.97M	$673.50M	$487.44M	$343.81M	$77.42M	$3.87M
Other Country	$63.55M	$166.29M	$50.44M	$891.00K	$29.80M	$201.79M	$136.29M	$1.59M	$208.21M	$70.49M	$792.00K	$14.30M	$173.91M	$91.26M	$1.15M	$78.42M	-	-	-	-
Asia Pacific	$209.06M	$366.74M	$233.19M	$124.83M	$232.94M	$405.79M	$332.19M	$50.29M	$397.00M	$1.69M	-	-	-	-	-	-	-	-	-	-
Europe	$815.03M	$31.94M	$512.41M	$1.35B	$963.83M	$73.25M	$1.57B	$1.44B	$25.24M	$508.29M	$1.28B	$880.13M	$81.32M	$314.16M	$718.43M	$499.92M	$24.80M	$133.45M	$75.47M	$2.37M
Asia-Pacific	-	-	-	-	-	-	-	-	$397.00M	$221.96M	$15.97M	$89.89M	$205.66M	$90.83M	$2.96M	$13.36M	$8.29M	$5.13M	$74.00K	-
South America	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$399.00K	$1.42M	$115.00K	-	-

Norwegian Cruise Line's latest quarterly revenue breakdown by geography, as of Jun 26: North America (58.81%), Europe (30.87%), Asia Pacific (7.92%), and Other Country (2.41%).

Norwegian Cruise Line Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
VIPS	Vipshop	$112.86B	$27.65B
PAG	Penske Automotive Group	$31.81B	$8.51B
CCK	Crown	$12.37B	$3.67B
ALV	Autoliv	$10.81B	$2.80B
NCLH	Norwegian Cruise Line	$9.83B	$2.64B
DDS	Dillard's	$6.56B	$1.53B
TXRH	Texas Roadhouse	$5.88B	$1.68B
SCI	Service Corporation	$4.31B	$1.10B
CART	Maplebear	$3.74B	$1.04B
GME	GameStop	$3.63B	$835.30M
GIL	Gildan Activewear	$3.20B	$695.80M

NCLH Revenue FAQ

What is Norwegian Cruise Line’s yearly revenue?

Norwegian Cruise Line's yearly revenue for 2025 was $9.83B, representing an increase of 3.67% compared to 2024. The company's yearly revenue for 2024 was $9.48B, representing an increase of 10.87% compared to 2023. NCLH's yearly revenue for 2023 was $8.55B, representing an increase of 76.51% compared to 2022.

What is Norwegian Cruise Line’s quarterly revenue?

Norwegian Cruise Line's quarterly revenue for Q2 2026 was $2.64B, a 13.27% increase from the previous quarter (Q1 2026), and a 4.89% increase year-over-year (Q2 2025). The company's quarterly revenue for Q1 2026 was $2.33B, a 3.87% increase from the previous quarter (Q4 2025), and a 9.57% increase year-over-year (Q1 2025). NCLH's quarterly revenue for Q4 2025 was $2.24B, a -23.61% decrease from the previous quarter (Q3 2025), and a 6.40% increase year-over-year (Q4 2024).

What is Norwegian Cruise Line’s revenue growth rate?

Norwegian Cruise Line's revenue growth rate for the last 3 years (2023-2025) was 14.94%, and for the last 5 years (2021-2025) was 1416.64%.

What are Norwegian Cruise Line’s revenue streams?

Norwegian Cruise Line's revenue streams in c 25 are Onboard and other, and Passenger ticket. Onboard and other generated $3.14B in revenue, accounting 31.95% of the company's total revenue, up 2.47% year-over-year. Passenger ticket generated $6.69B in revenue, accounting 68.05% of the company's total revenue, up 4.24% year-over-year.

What is Norwegian Cruise Line’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Norwegian Cruise Line was Passenger ticket. This segment made a revenue of $6.69B, representing 68.05% of the company's total revenue.