---
title: "Norwegian Cruise (NCLH.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/NCLH.US/norm.md"
symbol: "NCLH.US"
name: "Norwegian Cruise"
parent: "https://longbridge.com/en/quote/NCLH.US.md"
datetime: "2026-05-19T23:52:55.350Z"
locales:
  - [en](https://longbridge.com/en/quote/NCLH.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/NCLH.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/NCLH.US/norm.md)
---

# Norwegian Cruise (NCLH.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.2262 | -0.0084 | 0.8605 | 0.0672 | -0.0913 |
| ROE | 18.04% | 2.59% | 89.15% | 8.03% | -11.34% |
| Revenue | 2.33B | 2.24B | 2.94B | 2.52B | 2.13B |
| Net income | 104.67M | 14.25M | 419.30M | 29.99M | -40.30M |
| Operating income | 245.12M | 186.63M | 749.45M | 423.84M | 200.93M |
| Gross margin | 40.89% | 41.03% | 47.08% | 42.13% | 38.71% |
| Net margin | 4.49% | 0.64% | 14.27% | 1.19% | -1.89% |
| Profit quality | 30.21% | 40.65% | 316.81% | 59.29% | 29.58% |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 23.79B | 22.54B | 22.21B | 21.60B | 21.35B |
| Leverage | 9.79 | 10.20 | 10.13 | 13.76 | 15.08 |
| BVPS | 5.30 | 4.85 | 4.82 | 3.51 | 3.19 |
| Turnover | 0.4444 | 0.4624 | 0.4616 | 0.4585 | 0.4573 |
| Cash & STI | 185.05M | 209.89M | 166.80M | 184.01M | 184.36M |
| Inv & Rec | 162.72M | 138.18M | 155.51M | 160.56M | 155.71M |
| LT assets | 21.28B | 20.16B | 19.93B | 19.24B | 19.01B |
| Net debt | 15.90B | 15.33B | 15.18B | 14.41B | 14.62B |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 811.45M | 459.11M | 236.56M | 714.85M | 679.22M |
| Investing CF | -1.44B | -433.14M | -963.48M | -335.82M | -1.53B |
| Financing CF | 603.53M | 17.13M | 709.71M | -379.38M | 846.62M |
| Free CF | -729.53M | 8.41M | -896.76M | 458.31M | -774.72M |
| OCF coverage | 39.68% | 51.77% | 4.91% | 48.41% | 15.99% |
| Repaid & issued | 1.26B | 511.97M | 4.77B | 773.88M | 3.68B |
| CapEx | -1.44B | -437.65M | -963.10M | -333.64M | -1.53B |