# Norwegian Cruise (NCLH) — Earnings

NCLH · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nclh/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.48 |
| EPS estimate | $0.39 |
| EPS surprise | +23.20% |
| Revenue surprise | −0.08% |
| Revenue | $2.6B |
| Revenue estimate | $2.6B |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1513761/000110465926089657/nclh-20260630x10q.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/54a84629-d976-b362-38a2-904de0c23692.html) |

Norwegian Cruise Line reported Q2 2026 results on July 30, 2026. Earnings per share were $0.48, ahead of the $0.39 estimate by 23.20%. Revenue was $2.6 billion, 0.08% below the consensus. Compared with Q2 2025, EPS slipped about 6% from $0.51, while revenue rose from $2.5 billion.

The table covers a long recovery. In Q3 2021, revenue was $153.1 million and the company lost $2.17 per share, the low in the table. Losses continued through 2022, which totalled a loss of $4.64 per share. Annual results then turned positive, with EPS of $0.58 in 2023, $1.81 in 2024 and $2.06 in 2025. The last loss was Q4 2023. Q3 2025 holds the highs in the table at $1.20 per share and $2.9 billion in revenue. The first half of 2026 adds up to $0.71 per share, about 22% more than a year earlier. Over the last 20 quarters, the company beat the EPS estimate 12 times.

Norwegian Cruise Line reported Q3 between October 31 and November 8 in each of the last five years. That points to early November 2026 for the next report. In each of 2023, 2024 and 2025, Q3 was its strongest quarter.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $0.39 | $0.48 | 23.20% | $2.6B | $2.6B |
| Q1 2026 | May 4, 2026 | $0.14 | $0.23 | 59.39% | $2.4B | $2.3B |
| Q4 2025 | Mar 2, 2026 | $0.27 | $0.28 | 5.46% | $2.3B | $2.2B |
| Q3 2025 | Nov 4, 2025 | $1.16 | $1.20 | 3.55% | $3.0B | $2.9B |
| Q2 2025 | Jul 31, 2025 | $0.51 | $0.51 | -0.74% | $2.6B | $2.5B |
| Q1 2025 | Apr 30, 2025 | $0.09 | $0.07 | -24.41% | $2.1B | $2.1B |
| Q4 2024 | Feb 27, 2025 | $0.11 | $0.26 | 140.74% | $2.1B | $2.1B |
| Q3 2024 | Oct 31, 2024 | $0.94 | $0.99 | 5.11% | $2.8B | $2.8B |
| Q2 2024 | Jul 31, 2024 | $0.34 | $0.40 | 16.18% | $2.4B | $2.4B |
| Q1 2024 | May 1, 2024 | $0.09 | $0.16 | 79.57% | $2.2B | $2.2B |
| Q4 2023 | Feb 27, 2024 | −$0.12 | −$0.18 | -52.67% | $2.0B | $2.0B |
| Q3 2023 | Nov 1, 2023 | $0.69 | $0.76 | 10.95% | $2.5B | $2.5B |
| Q2 2023 | Aug 1, 2023 | $0.26 | $0.30 | 14.90% | $2.2B | $2.2B |
| Q1 2023 | May 1, 2023 | −$0.42 | −$0.30 | 29.20% | $1.7B | $1.8B |
| Q4 2022 | Feb 28, 2023 | −$0.86 | −$1.04 | -21.47% | $1.5B | $1.5B |
| Q3 2022 | Nov 8, 2022 | −$0.71 | −$0.64 | 9.90% | $1.6B | $1.6B |
| Q2 2022 | Aug 9, 2022 | −$0.88 | −$1.14 | -30.12% | $1.3B | $1.2B |
| Q1 2022 | May 10, 2022 | −$1.55 | −$1.82 | -17.64% | $737.5M | $521.9M |
| Q4 2021 | Feb 24, 2022 | −$1.61 | −$1.95 | -21.31% | $571.9M | $487.4M |
| Q3 2021 | Nov 3, 2021 | −$2.03 | −$2.17 | -6.81% | $233.4M | $153.1M |

## Frequently Asked Questions

### When did Norwegian Cruise (NCLH) last report earnings?

Norwegian Cruise last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did NCLH beat earnings estimates?

Yes. Norwegian Cruise reported EPS of $0.48 for Q2 2026 against a $0.39 estimate — a 23.20% beat.

### How much revenue did NCLH report last quarter?

Norwegian Cruise reported $2.6B in revenue for Q2 2026, against a consensus estimate of $2.6B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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