- NCLH Q2 revenue was $2.6bn, up 4.9pc.
- GAAP net income was $223m with EPS of $0.48.
- Great Tides Waterpark opens 4 September at Great Stirrup Cay.
- NCLH settled exchangeable notes in cash.
- Total debt was $15.0bn with liquidity of $1.5bn.
Norwegian Cruise Line Holdings has reported second quarter total revenue of $2.6bn, a 4.9pc increase compared to the prior year, with GAAP net income of $223m and EPS of $0.48. Adjusted EBITDA was $666m, exceeding guidance, with Adjusted EPS of $0.48 also above guidance. The company now expects full year 2026 Adjusted EPS to be approximately $1.50.
The company announced the grand opening of Great Tides Waterpark on 4 September at its private island, Great Stirrup Cay, spanning nearly six acres with immersive attractions for all ages. Prior to quarter-end, NCLH elected to settle the 1.125pc Exchangeable Senior Notes due 2027 and the 2.50pc Exchangeable Senior Notes due 2027 in cash, expected to reduce diluted weighted-average shares outstanding by 4m shares.
CEO John Chidsey stated the company delivered a solid second quarter with profitability ahead of guidance. CFO Mark Kempa stated the company remains disciplined in managing its cost structure and has identified over $500m in savings over the past three years. Total debt was $15.0bn with Net Debt of $14.8bn and liquidity of $1.5bn.
John Chidsey, Chairperson and CEO of NCLH, shared, “Norwegian Cruise Line Holdings delivered a solid second quarter with profitability ahead of guidance.”
Mark Kempa, CFO of NCLH, shared, “We remain disciplined in managing our cost structure and over the past three years we have identified over $500m in savings.”
