Viking Holdings LtdVIKEarnings & Financial Report
Norwegian Cruise Line Holdings (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
VIK Q3 2025 Key Financial Metrics
Revenue
$4.0B
Gross Profit
$2.9B
Operating Profit
$604.7M
Net Profit
$514.0M
Gross Margin
73.4%
Operating Margin
15.2%
Net Margin
12.9%
YoY Growth
N/A
EPS
$1.15
Financial Flow
Viking Holdings Ltd Q3 2025 Financial Summary
Viking Holdings Ltd reported revenue of $4.0B for Q3 2025, with a net profit of $514.0M (up 35.4% YoY) (12.9% margin). Cost of goods sold was $1.1B, operating expenses totaled $2.3B.
Key Financial Metrics
| Total Revenue | $4.0B |
|---|---|
| Net Profit | $514.0M |
| Gross Margin | 73.4% |
| Operating Margin | 15.2% |
| Report Period | Q3 2025 |
Viking Holdings Ltd Quarterly Revenue & Net Profit History
Viking Holdings Ltd quarterly results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2025 | $4.0B | — | $514.0M | 12.9% |
| Q2 2025 | $2.3B | — | $439.2M | 19.1% |
| Q1 2025 | $718.2M | — | $-105.5M | -14.7% |
| Q3 2024 | $3.6B | — | $379.7M | 10.6% |
| Q2 2024 | $2.1B | — | $159.8M | 7.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Revenue | $2.08B | $3.59B | $718.2M | $2.31B | $3.98B |
| YoY Growth | N/A | N/A | N/A | N/A | N/A |
Balance Sheet
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Assets | N/A | N/A | $10.70B | $11.12B | $11.52B |
| Liabilities | N/A | N/A | $10.97B | $10.84B | $10.72B |
| Equity | $-1.09B | $-688.9M | $-267.5M | $278.3M | $803.5M |
Cash Flow
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Operating CF | $419.8M | $828.7M | $587.9M | $470.7M | $663.9M |