NCLH · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
Norwegian Cruise Line Holdings Ltd. · 2026-10-29 · Importance 37 · Surprise 32 · From source text
Third-quarter 2026 total revenue was $2.947 billion, essentially flat year over year from $2.938 billion, as higher Capacity Days from new-ship deliveries were offset by lower revenue per Capacity Day driven by ticket pricing declines. For the nine months ended September 30, 2026, revenue increased 4.4% to $7.919 billion from $7.583 billion, primarily because of increased Capacity Days from new ships, partially offset by lower revenue per Capacity Day. Third-quarter Capacity Days rose to 6.766 million from 6.418 million, while the filing reports no separate revenue breakdown by segment or geography.
Key facts
- Third-quarter 2026 net income was $491.5 million and diluted EPS was $1.07, compared with $419.3 million and $0.86 in the third quarter of 2025. source
- Third-quarter 2026 Adjusted Net Income was $513.8 million and Adjusted EPS was $1.12, including $22.3 million of adjustments; third-quarter 2025 Adjusted Net Income was $595.8 million and Adjusted EPS was $1.20, including $169.2 million of adjustments primarily related to debt extinguishment and modification losses. source
- Third-quarter 2026 total revenue was $2,946.763 million, compared with $2,938.142 million in 2025. source
- For the nine months ended September 30, 2026, total revenue was $7.9 billion, compared with $7.6 billion in 2025, primarily due to increased Capacity Days from new ship deliveries, partly offset by lower revenue per Capacity Day from declining ticket pricing. source
- Third-quarter 2026 total revenue was $2.9 billion, comparable to the prior-year quarter. source
- Third-quarter revenue was flat primarily because higher Capacity Days from new ship deliveries were offset by lower revenue per Capacity Day driven by declining ticket pricing. source
- For the three months ended September 30, 2026, Capacity Days were 6,766,454, compared with 6,417,724 in 2025. source
- Third-quarter 2026 Net Yield was $319.65, compared with $341.89 in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +10.2% | For the nine months ended September 30, 2026, total revenue was $7.9 billion, compared with $7.6 billion in 2025, primarily due to… |
| net_income | negative | realized | -2.8% | Third-quarter 2026 Adjusted Net Income was $513.8 million and Adjusted EPS was $1.12, including $22.3 million of adjustments;… |
| net_income | positive | realized | +2.5% | Third-quarter 2026 net income was $491.5 million and diluted EPS was $1.07, compared with $419.3 million and $0.86 in the third quarter of… |
| revenue | positive | realized | +0.3% | Third-quarter 2026 total revenue was $2,946.763 million, compared with $2,938.142 million in 2025. |