Norwegian Cruise Line Holdings Ltd
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Norwegian Cruise Line Holdings Ltd (NCLH). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Single reportable segment | PLA4.84B 100.0% | PLA8.55B 100.0% · +76.5% | PLA9.48B 100.0% · +10.9% | PLA9.83B 100.0% · +3.7% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| North America | ZLA960.3M 75.0% | ZLA424.4M 65.5% · -55.8% | ZLA3.08B 63.5% · +625.0% | ZLA5.00B 58.5% · +62.6% | ZLA5.32B 56.1% · +6.3% | ZLA5.65B 57.5% · +6.2% |
| Europe | ZLA27.6M 2.2% | ZLA211.8M 32.7% · +667.2% | ZLA1.56B 32.2% · +635.4% | ZLA2.75B 32.2% · +76.9% | ZLA3.04B 32.0% · +10.2% | ZLA2.90B 29.5% · -4.5% |
| Asia-Pacific | ZLA153.0M 12.0% | ZLA6.2M 1.0% · -96.0% | ZLA115.4M 2.4% · +1,766.1% | ZLA533.5M 6.2% · +362.1% | ZLA779.5M 8.2% · +46.1% | ZLA1.00B 10.1% · +27.9% |
| Other Country | ZLA139.1M 10.9% | ZLA5.7M 0.9% · -95.9% | ZLA94.2M 1.9% · +1,565.9% | ZLA259.5M 3.0% · +175.4% | ZLA346.1M 3.7% · +33.4% | ZLA282.9M 2.9% · -18.3% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Passenger ticket | ZLA867.1M 67.7% | ZLA392.8M 60.6% · -54.7% | ZLA3.25B 67.2% · +728.5% | ZLA5.75B 67.3% · +76.8% | ZLA6.42B 67.7% · +11.5% | ZLA6.69B 68.0% · +4.2% |
| Onboard and other | ZLA412.8M 32.3% | ZLA255.2M 39.4% · -38.2% | ZLA1.59B 32.8% · +522.9% | ZLA2.80B 32.7% · +75.9% | ZLA3.06B 32.3% · +9.6% | ZLA3.14B 32.0% · +2.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 11, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.