Norwegian Cruise Line Holdings's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-29. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $2,947 million (+0.3% vs a year earlier) |
| Diluted EPS (GAAP) | $1.07 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $1.12 |
| Full-year guidance | Raised |
Guidance
NCLH raised 2026 guidance: Adjusted EBITDA about $2.55 billion and Adjusted EPS about $1.70; Q4 Adjusted EPS about ($0.12).
Why this label: Release: 'the Company is raising its full year 2026 guidance' (Adj. EBITDA ~$2.55B, Adj. EPS ~$1.70); priors not stated, no core item cut.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| Adjusted EBITDA | FY2026 | ~$2.55 billion | not stated |
| Adjusted EPS | FY2026 | ~$1.70 | not stated |
| Adjusted Net Income | FY2026 | ~$789 million | not stated |
| Net Yield (constant currency) | FY2026 | ~(4.4%) vs 2025 | not stated |
| Adjusted Net Cruise Cost excl. fuel per Capacity Day (constant currency) | FY2026 | ~(0.4%) vs 2025 | not stated |
Next-quarter outlook:
| Metric | Period | Range |
|---|---|---|
| Net Yield (constant currency) | Q4 2026 | ~(6.5%), unchanged |
| Adjusted EBITDA | Q4 2026 | ~$414 million |
| Adjusted EPS | Q4 2026 | ~($0.12) |
| Adjusted Net Cruise Cost excl. fuel per Capacity Day (constant currency) | Q4 2026 | ~+1.7% vs Q4 2025 |
From the release
Revenue: "Total revenue · 2,946,763 · 2,938,142 · 7,918,528 · 7,583,192"
Earnings per share: "Diluted EPS · $ · 1.07 · $ · 0.86 · $ · 1.77 · $ · 0.87 · Adjusted EPS · $ · 1.12 · $ · 1.20"
Adjusted EBITDA: "Raised full year 2026 guidance, with 2026 Adjusted EBITDA now expected to be approximately $2.55 billion and Adjusted EPS of approximately $1.70."
Adjusted EPS: "Raised full year 2026 guidance, with 2026 Adjusted EBITDA now expected to be approximately $2.55 billion and Adjusted EPS of approximately $1.70."
Adjusted Net Income: "Full year Adjusted Net Income is expected to be approximately $789 million."
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Raised 2026 Adjusted EPS guidance to about $1.70; Q3 Adjusted EPS $1.12 topped $0.90 guidance.
Source
Norwegian Cruise Line Holdings earnings release (SEC filing), accession 0001171843-26-006957, filed 2026-10-29.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.