- Total revenue increased 6% year-over-year to $2.2 billion in the fourth quarter, helped by higher Capacity Days
- Q4 net income declined sharply to $14.3 million or $0.03 per share from $254.5 million or $0.52 per share in the year-ago quarter
- On an adjusted basis, earnings per share were $0.28, up 46% from the corresponding quarter of FY24
- Gross margin per capacity day was up 7.6% from last year on a reported basis in Q4, and up 8.1% on a constant currency basis
- Net yield increased around 4.0% on a reported basis during the three months, and 3.8% on a constant currency basis
- During the quarter, gross cruise costs per capacity day came in at $272, compared to $286 a year earlier
- A4 adjusted EBITDA increased 20% to $564 million from $468 million in the prior-year quarter
- For the first quarter of FY26, management expects adjusted EBITDA to be around $515 million and adjusted operational EBITDA margin to be 29%
- For fiscal 2026, the company forecasts adjusted net income to be $1.12 billion or $2.38 per share
Breaking News
Earnings Summary: Norwegian Cruise Line (NCLH) Q4 FY25 revenue rises 6%
NYSE
$Cruise · Earnings
“Norwegian Cruise Line Holdings Ltd.
ManojNair · March 2, 2026
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) on Monday announced financial results for the fourth quarter of FY25, reporting a 6% increase in revenues.
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