10-Q quarterly report · filed May 5, 2025

Norwegian Cruise Line Holdings (NCLH) Q1 2025 10-Q Quarterly Report

Short answer

Norwegian Cruise Line Holdings (NCLH) filed its Q1 2025 10-Q quarterly report on May 5, 2025 for the quarter ended Mar 31, 2025. Quarterly revenue was $2.1B (down 2.9% year over year) with net income of −$40M.

Q1 2025 key financials · XBRL

Revenue
$2.1B
−2.9% YoY
Net income
−$40M
−332.2% YoY
Operating margin
9.4%
EPS (diluted)
−$0.09
−325.0% YoY

Source: XBRL data from the Norwegian Cruise Line Holdings (NCLH) Q1 2025 10-Q on SEC EDGAR. USD.

Norwegian Cruise Line Holdings Q1 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Risk Factors

  • No new or changed risk factors this quarter, consistent with 2024 Annual Report on Form 10-K
  • Updated credit agreements with financial institutions including JPMorgan Chase and BNP Paribas, reflecting ongoing debt refinancing activity
  • Continuing legal-compliance focus on Section 16 and Rule 10b5-1 trading arrangements, with no changes by directors/officers in this quarter
  • Operational risk in vessel financing detailed by multiple supplemental agreements for new builds and credit facilities dated Jan-Mar 2025
  • Financial risk centered on extensive debt issuance and amendment activity, including 8.125% Senior Secured Notes due 2029 and 6.750% Senior Notes due 2032

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Norwegian Cruise Line Holdings quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.