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Norwegian Cruise Line Holdings (NCLH) free cash flow by quarter

Norwegian Cruise Line Holdings' free cash flow was $145M in Q2 2026 (second quarter 2026), +575% from Q4 2025. Over the last 3 quarters it ranged from $21.5M (Q4 2025) to $381M (Q2 2025).

Norwegian Cruise Line Holdings free cash flow by quarterNorwegian Cruise Line Holdings free cash flow by quarter$381MQ2 2025$21.5MQ4 2025$145MQ2 2026
QuarterFree cash flowQ/QY/Y
Q2 2026$145M+575%-62%
Q4 2025$21.5M-94%—
Q2 2025$381M——

Q2 2026 at a glance

Norwegian Cruise Line Holdings, Q2 2026: revenue $2.6B (+5% year over year), operating margin 13.8%, net earnings $223M, operating cash flow $603M. The chart follows the revenue to costs, profit and cash.

Questions

What is Norwegian Cruise Line Holdings' free cash flow?

Norwegian Cruise Line Holdings' free cash flow was $145M in Q2 2026 (second quarter 2026), +575% from Q4 2025.

How has Norwegian Cruise Line Holdings' free cash flow changed?

Over the last 3 quarters it ranged from $21.5M (Q4 2025) to $381M (Q2 2025).

Q2 2026 results → · How Norwegian Cruise Line Holdings makes money →