Quarterly ResultMay 4, 2026, 03:51 PM
Norwegian Cruise Line Q1 Net Income $104.7M; EPS $0.23
AI Summary
Norwegian Cruise Line Holdings Ltd. reported a net income of $104.7 million for the first quarter of 2026, a significant improvement from a net loss of $40.3 million in the prior year. Total revenue increased to $2.33 billion, up from $2.13 billion year-over-year. The company also took delivery of the new Norwegian Luna ship in March 2026, financed by a 1.0 billion export credit facility, and maintained $1.6 billion in liquidity.
Key Highlights
- Q1 2026 net income $104.7M, up from $(40.3)M loss in Q1 2025.
- Diluted EPS $0.23 for Q1 2026, compared to $(0.09) in Q1 2025.
- Total revenue increased to $2.33B in Q1 2026 from $2.13B in Q1 2025.
- Operating income rose to $232.9M in Q1 2026 from $200.9M in Q1 2025.
- New Norwegian Luna ship delivered in March 2026 with 1.0B export credit financing.
- Liquidity was $1.6B as of March 31, 2026, including $185.0M cash.
- Advance ticket sales increased to $3.72B as of March 31, 2026.
- North America revenue was $1.77B, Europe $31.9M, Asia-Pacific $366.7M.
Price Impact
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