Norwegian Cruise Line (NCLH) Revenue & Revenue Breakdown


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Norwegian Cruise Line Revenue Highlights


Latest Revenue (Y)

$9.83B

Latest Revenue (Q)

$2.33B

Main Segment (Y)

Passenger ticket

Main Geography (Y)

North America

Norwegian Cruise Line Revenue by Period


Norwegian Cruise Line Revenue by Year

DateRevenueChange
2025-12-31$9.83B3.67%
2024-12-31$9.48B10.87%
2023-12-31$8.55B76.51%
2022-12-31$4.84B647.51%
2021-12-31$647.99M-49.37%
2020-12-31$1.28B-80.19%
2019-12-31$6.46B6.73%
2018-12-31$6.06B12.21%
2017-12-31$5.40B10.71%
2016-12-31$4.87B12.18%
2015-12-31$4.35B39.00%
2014-12-31$3.13B21.62%
2013-12-31$2.57B12.92%
2012-12-31$2.28B2.56%
2011-12-31$2.22B10.30%
2010-12-31$2.01B8.46%
2009-12-31$1.86B-11.93%
2008-12-31$2.11B-3.06%
2007-12-31$2.17B9.94%
2006-12-31$1.98B22.28%
2005-12-31$1.62B20.76%
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

DateRevenueChange
2026-03-31$2.33B3.87%
2025-12-31$2.24B-23.61%
2025-09-30$2.94B16.71%
2025-06-30$2.52B18.33%
2025-03-31$2.13B0.86%
2024-12-31$2.11B-24.84%
2024-09-30$2.81B18.30%
2024-06-30$2.37B8.27%
2024-03-31$2.19B10.31%
2023-12-31$1.99B-21.67%
2023-09-30$2.54B14.99%
2023-06-30$2.21B21.05%
2023-03-31$1.82B19.93%
2022-12-31$1.52B-5.97%
2022-09-30$1.62B36.08%
2022-06-30$1.19B127.46%
2022-03-31$521.94M7.08%
2021-12-31$487.44M218.42%
2021-09-30$153.08M3404.60%
2021-06-30$4.37M40.90%
2021-03-31$3.10M-67.64%
2020-12-31$9.58M46.96%
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$1.91B15.00%
2019-06-30$1.66B18.57%
2019-03-31$1.40B1.62%
2018-12-31$1.38B-25.68%
2018-09-30$1.86B22.09%
2018-06-30$1.52B17.69%
2018-03-31$1.29B3.51%
2017-12-31$1.25B-24.35%
2017-09-30$1.65B22.89%
2017-06-30$1.34B16.80%
2017-03-31$1.15B2.28%
2016-12-31$1.13B-24.22%
2016-09-30$1.48B25.10%
2016-06-30$1.19B10.13%
2016-03-31$1.08B3.97%
2015-12-31$1.04B-19.33%
2015-09-30$1.28B18.38%
2015-06-30$1.09B15.70%
2015-03-31$938.18M18.92%
2014-12-31$788.91M-13.02%
2014-09-30$907.02M18.42%
2014-06-30$765.93M15.35%
2014-03-31$664.03M10.61%
2013-12-31$600.35M-24.76%
2013-09-30$797.88M23.81%
2013-06-30$644.43M22.14%
2013-03-31$527.63M4.86%
2012-12-31$503.17M-25.39%
2012-09-30$674.41M15.63%
2012-06-30$583.23M13.15%
2012-03-31$515.43M5.49%
2011-12-31$488.59M-26.71%
2011-09-30$666.63M17.24%
2011-06-30$568.59M14.75%
2011-03-31$495.51M2.46%
2010-12-31$483.61M-23.73%
2010-09-30$634.11M32.68%
2010-06-30$477.92M14.74%
2010-03-31$416.50M3.70%
2009-12-31$401.66M-27.06%
2009-09-30$550.68M15.10%
2009-06-30$478.42M12.71%
2009-03-31$424.45M-

Norwegian Cruise Line generated $2.33B in revenue during Q1 2026, up 3.87% compared to the previous quarter, and up 110.52% 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/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Passenger ticket$6.69B$6.42B$5.75B$3.25B$392.75M
Onboard and other$3.14B$3.06B$2.80B$1.59B$255.23M

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/ServiceMar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
Onboard and other$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$1.54B$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-
Onboard And Other-------------------$2.93M
Passenger-------------------$166.00K

Norwegian Cruise Line's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Passenger ticket (66.16%), and Onboard and other (33.84%).

Norwegian Cruise Line Revenue Breakdown by Country

Annual Revenue by Country

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

CountryMar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Dec 20Sep 20
Europe$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$2.19M
North America$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$1.97M
Other Country$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$1.52M----
Asia Pacific$366.74M$233.19M$124.83M$232.94M$405.79M$332.19M$50.29M$397.00M$1.69M$362.00K----------
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$471.00K--

Norwegian Cruise Line's latest quarterly revenue breakdown by geography, as of Mar 26: North America (75.77%), Asia Pacific (15.73%), Other Country (7.13%), and Europe (1.37%).

Norwegian Cruise Line Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
VIPSVipshop$112.86B$27.65B
PAGPenske Automotive Group$31.81B$7.86B
CCKCrown$12.37B$3.26B
ALVAutoliv$10.81B$2.75B
NCLHNorwegian Cruise Line$9.83B$2.33B
DDSDillard's$6.56B$1.59B
TXRHTexas Roadhouse$5.88B$1.63B
SCIService Corporation$4.31B$1.10B
CARTInstacart (Maplebear Inc.)$3.74B$1.02B
GMEGameStop$3.63B$821.00M
GILGildan 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 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). The company'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). NCLH's quarterly revenue for Q3 2025 was $2.94B, a 16.71% increase from the previous quarter (Q2 2025), and a 4.69% increase year-over-year (Q3 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 Passenger ticket, and Onboard and other. Passenger ticket generated $6.69B in revenue, accounting 68.05% of the company's total revenue, up 4.24% year-over-year. Onboard and other generated $3.14B in revenue, accounting 31.95% of the company's total revenue, up 2.47% 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.