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Norwegian Cruise Line

Norwegian Cruise Line (NYSE: NCLH) net income

Norwegian Cruise Line reported a net profit of $423.2m for fiscal 2025, 53.5% less than in fiscal 2024 ($910.3m). Its net margin was 4.3%. Earnings per share were $0.94.

Net income, in millions of US dollars633.12016759.92017954.82018930.22019-4,0132020-4,5072021-2,2702022166.22023910.32024423.22025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$423.2m−53.5%4.3%$0.94
2024$910.3m+447.8%9.6%$2.09
2023$166.2m—1.9%$0.39
2022−$2,270m—−46.9%−$5.41
2021−$4,507m—−695.5%−$12.33
2020−$4,013m−531.3%−313.5%−$15.75
2019$930.2m−2.6%14.4%$4.33
2018$954.8m+25.7%15.8%$4.28
2017$759.9m+20.0%14.1%$3.33
2016$633.1m—13.0%$2.79

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of Norwegian Cruise Line

How much did Norwegian Cruise Line earn in fiscal 2025?
Norwegian Cruise Line reported a net profit of $423.2m for fiscal 2025. In fiscal 2024 it reported a net profit of $910.3m.
What are the earnings per share of Norwegian Cruise Line?
They were $0.94 in fiscal 2025, compared with $2.09 in fiscal 2024.
What is the net margin of Norwegian Cruise Line?
In fiscal 2025 its net profit was 4.3% of its revenue.
What was the most profitable year for Norwegian Cruise Line?
Of its last 10 fiscal years, fiscal 2018, with $954.8m.
Where do the figures for Norwegian Cruise Line come from?
From the annual report (Form 10-K) that Norwegian Cruise Line files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that Norwegian Cruise Line files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Norwegian Cruise Line: the Norwegian Cruise Line page · annual accounts · revenue · insider transactions.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.