Norwegian Cruise Line Q1 FY26: where the revenue came from and where it went
The whole income statement of Norwegian Cruise Line for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 4, 2026
Revenue$2.33B
+10% year over year
Gross profit$0.95B
41% margin
Operating profit$0.23B
10% margin
Net profit$0.11B
4% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.33 | 100% | +10% |
| Passenger | 1.54 | 66% | +9% |
| Onboard & other | 0.79 | 34% | +11% |
| Cost of revenue | −1.38 | 59% | |
| Gross profit | 0.95 | 41% margin | +2pp |
| SG&A | −0.46 | 20% | +1pp |
| Other | −0.26 | 11% | +0pp |
| Operating profit | 0.23 | 10% margin | +1pp |
| Interest & other costs | −0.13 | ||
| Net profit | 0.11 | 4% margin | +6pp |
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