Direct answer
Norwegian Cruise Line Holdings (NCLH) is a Consumer Discretionary company and a constituent of the S&P 500 Equal Weight Index.
This guide covers Norwegian Cruise Line Holdings's business model, financial metrics, competitive position, risk factors, and index membership as an educational business primer. It does not constitute personalized investment advice or a buy, sell, or price-target recommendation.
What Has Norwegian Cruise Line Holdings Reported for Revenue Over Time?
Norwegian Cruise Line Holdings reported revenue of $9.8 billion for the fiscal year ended December 31, 2025, against $4.8 billion for the year ended December 31, 2022. That is a compound annual growth rate of 26.6% over 3 years. The figures are as reported in its annual filings and are not adjusted for acquisitions, disposals or changes in accounting.
| Fiscal year | Revenue | Growth | Operating income | Net income |
|---|---|---|---|---|
| FY2022 ended December 31, 2022 | $4.8 billion | n/a | -$1.6 billion | -$2.3 billion |
| FY2023 ended December 31, 2023 | $8.5 billion | +76.5% | $931 million | $166 million |
| FY2024 ended December 31, 2024 | $9.5 billion | +10.9% | $1.5 billion | $910 million |
| FY2025 ended December 31, 2025 | $9.8 billion | +3.7% | $1.6 billion | $423 million |
Verified anchors
- 2011 (1966) - founding or lineage field in the current constituent metadata.
- 2017-10-13 - S&P 500 addition date for
NCLHin the constituent registry. - 2026-09-15 - current S&P 500 Equal Weight snapshot date used by Swoopr.
Founding and predecessor businesses Research this stage specifically for Norwegian Cruise Line Holdings. Add an
event only when a primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Initial public-market history Research this stage specifically for Norwegian Cruise Line Holdings. Add an event only
when a primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Major products or market entries Research this stage specifically for Norwegian Cruise Line Holdings. Add an event
only when a primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Transformative acquisitions and divestitures Research this stage specifically for Norwegian Cruise Line Holdings.
Add an event only when a primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Restructurings and spin-offs Research this stage specifically for Norwegian Cruise Line Holdings. Add an event only
when a primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Leadership transitions Research this stage specifically for Norwegian Cruise Line Holdings. Add an event only when a
primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Regulatory or legal turning points Research this stage specifically for Norwegian Cruise Line Holdings. Add an event
only when a primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Crises and recoveries Research this stage specifically for Norwegian Cruise Line Holdings. Add an event only when a
primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Strategic pivots Research this stage specifically for Norwegian Cruise Line Holdings. Add an event only when a
primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.
Current-era operating model Research this stage specifically for Norwegian Cruise Line Holdings. Add an event only
when a primary or high-quality authoritative source establishes the date and significance. Explain why the event changed the economics, not merely that it happened. Link material events to the current business model, segment mix, capital structure, competitive position, or risk profile.