What is the current annual gross margin of NCLH?

As of today, NCLH annual gross margin is 31.97%

What is 1-year change in NCLH annual gross margin?

NCLH annual gross margin is up +3.46% year-over-year

What is 3-year change in NCLH annual gross margin?

NCLH annual gross margin is up +2617.32% over the past 3 years

How far is NCLH annual gross margin from its all-time high?

NCLH annual gross margin is currently -7.20% below its historical high of 34.45% set on December 31, 2018

How does NCLH annual gross margin rank versus sector peers?

NCLH annual gross margin is higher than 55.15% of companies in Consumer Cyclical sector

When is NCLH next annual earnings release?

As of today, the next annual earnings release for NCLH has not been scheduled

What is the current quarterly gross margin of NCLH?

As of today, NCLH quarterly gross margin is 29.64%

What is NCLH quarterly gross margin most recent change?

NCLH quarterly gross margin was down -1.53% on June 30, 2026

What is 1-year change in NCLH quarterly gross margin?

NCLH quarterly gross margin is down -8.43% year-over-year

How far is NCLH quarterly gross margin from its all-time high?

NCLH quarterly gross margin is currently -28.90% below its historical high of 41.69% set on September 30, 2018

How does NCLH quarterly gross margin rank versus sector peers?

NCLH quarterly gross margin is higher than 48.40% of companies in Consumer Cyclical sector

When is NCLH next earnings release?

The next earnings release for NCLH is on November 4, 2026

NCLH Gross Margin History & Chart Since 2004

Annual Gross Margin

31.97%1.07%+3.46%

December 31, 2025

Summary

Current Value: As of today, NCLH annual gross margin is 31.97%, up +3.46% on December 31, 2025
Historical Performance: NCLH annual gross margin is up +2617.32% over the past 3 years, up +137.87% over the past 5 years
All-Time High Comparison: NCLH annual gross margin is currently -7.20% below its historical high of 34.45% set on December 31, 2018
3-Year Low Comparison: NCLH annual gross margin is +2617.32% above its 3-year low of -1.27% reached on an earlier date
Sector Comparison: NCLH annual gross margin is higher than 55.15% of companies in Consumer Cyclical sector

Gross Margin Chart

beforeafter

Performance

NCLH Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	31.97%	+3.5%	+2617.3%	+137.9%	+30.1%
Quarterly Gross Margin	Jun 30, 26	29.64%	-8.4%	+4.6%	+100.3%	+21.1%
Price	Jul 31, 26	$18.53	-27.5%	-16.0%	-22.9%	–
PE Ratio	Jul 31, 26	11.72	-36.3%	–	–	–
Annual Revenue	Dec 31, 25	$9.83B	+3.7%	+102.9%	+667.8%	+388.4%
Annual Gross Profit	Dec 31, 25	$3.14B	+7.2%	+5220.9%	+390.7%	+535.1%
Annual Operating Margin	Dec 31, 25	16.21%	+2.8%	+155.0%	+111.4%	+41.7%
Annual Net Margin	Dec 31, 25	4.31%	-55.1%	+109.2%	+101.4%	+284.8%

Gross Margin Highs

NCLH Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	31.97%	Dec 31, 25	at high
5Y	31.97%	Dec 31, 25	at high
All	34.45%	Dec 31, 18	-7.2%

Gross Margin Lows

NCLH Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	-1.27%	N/A	+2617.3%
5Y	-249.20%	Dec 31, 21	+112.8%
All	-249.20%	Dec 31, 21	+112.8%

Gross Margin History

Year	Value	Change
2025	31.97%	+3.5%
2024	30.90%	+13.6%
2023	27.19%	+2,240.9%
2022	-1.27%	+99.5%
2021	-249.20%	-195.2%
2020	-84.43%	-354.8%
2019	33.14%	-3.8%
2018	34.45%	+3.9%
2017	33.15%	+7.5%
2016	30.83%	+13.5%
2015	27.17%	-5.1%

Year	Value	Change
2014	28.64%	+4.9%
2013	27.29%	-0.5%
2012	27.44%	+7.3%
2011	25.57%	+4.0%
2010	24.58%	+10.4%
2009	22.26%	+28.3%
2008	17.35%	+13.6%
2007	15.27%	+4.1%
2006	14.67%	-21.3%
2005	18.65%	-30.0%
2004	26.66%	-

FAQ

What is the current annual gross margin of NCLH?: As of today, NCLH annual gross margin is 31.97%
What is 1-year change in NCLH annual gross margin?: NCLH annual gross margin is up +3.46% year-over-year
What is 3-year change in NCLH annual gross margin?: NCLH annual gross margin is up +2617.32% over the past 3 years
How far is NCLH annual gross margin from its all-time high?: NCLH annual gross margin is currently -7.20% below its historical high of 34.45% set on December 31, 2018
How does NCLH annual gross margin rank versus sector peers?: NCLH annual gross margin is higher than 55.15% of companies in Consumer Cyclical sector
When is NCLH next annual earnings release?: As of today, the next annual earnings release for NCLH has not been scheduled

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

29.64%0.46%-1.53%

June 30, 2026

Summary

Current Value: As of today, NCLH quarterly gross margin is 29.64%, down -1.53% on June 30, 2026
Historical Performance: NCLH quarterly gross margin is down -8.43% year-over-year, up +4.59% over the past 3 years
All-Time High Comparison: NCLH quarterly gross margin is currently -28.90% below its historical high of 41.69% set on September 30, 2018
3-Year Low Comparison: NCLH quarterly gross margin is +22.23% above its 3-year low of 24.25% reached on December 31, 2023
Sector Comparison: NCLH quarterly gross margin is higher than 48.40% of companies in Consumer Cyclical sector

Performance

NCLH Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Jun 30, 26	29.64%	-1.5%	-8.4%	+4.6%	+100.3%
Annual Gross Margin	Dec 31, 25	31.97%	–	+3.5%	+2617.3%	+137.9%
Price	Jul 31, 26	$18.53	+1.9%	-27.5%	-16.0%	-22.9%
PE Ratio	Jul 31, 26	11.72	-24.7%	-36.3%	–	–
Quarterly Revenue	Jun 30, 26	$2.64B	+13.3%	+4.9%	+19.7%	+10000.0%
Quarterly Gross Profit	Jun 30, 26	$782.53M	+11.5%	-4.0%	+25.2%	+291.0%
Quarterly Operating Margin	Jun 30, 26	13.76%	+27.2%	-17.9%	+11.2%	+100.1%
Quarterly Net Margin	Jun 30, 26	8.43%	+87.8%	+608.4%	+116.2%	+100.0%

Quarterly Gross Margin Highs

NCLH Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	38.53%	Sep 30, 25	-23.1%
3Y	38.53%	Sep 30, 25	-23.1%
5Y	38.53%	Sep 30, 25	-23.1%
All	41.69%	Sep 30, 18	-28.9%

Quarterly Gross Margin Lows

NCLH Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	25.72%	Dec 31, 25	+15.2%
3Y	24.25%	Dec 31, 23	+22.2%
5Y	-9,379.65%	N/A	+100.3%
All	-11.57%	Mar 31, 21	+100.3%

Quarterly Gross Margin History

Month	Value	Change
Jun 2026	29.64%	-1.5%
Mar 2026	30.10%	+17.0%
Dec 2025	25.72%	-33.2%
Sep 2025	38.53%	+19.0%
Jun 2025	32.37%	+15.4%
Mar 2025	28.05%	+2.6%
Dec 2024	27.35%	-27.2%
Sep 2024	37.58%	+26.2%
Jun 2024	29.77%	+10.3%
Mar 2024	27.00%	+11.3%
Dec 2023	24.25%	-28.4%
Sep 2023	33.86%	+19.5%
Jun 2023	28.34%	+42.6%
Mar 2023	19.87%	+6.1%
Dec 2022	18.73%	+91.5%
Sep 2022	9.78%	+211.9%
Jun 2022	-8.74%	+88.6%
Mar 2022	-76.65%	+6.1%
Dec 2021	-81.65%	+72.1%
Sep 2021	-292.93%	+96.9%
Jun 2021	-9,379.65%	+18.9%
Mar 2021	-11.57%	-217.8%
Dec 2020	-3,640.75%	+31.2%
Sep 2020	-5,289.49%	-99.5%
Jun 2020	-2,651.26%	>-9,900.0%
Mar 2020	3.96%	-86.5%
Dec 2019	29.39%	-26.6%
Sep 2019	40.02%	+23.3%
Jun 2019	32.47%	+13.8%
Mar 2019	28.53%	-3.4%
Dec 2018	29.53%	-29.2%
Sep 2018	41.69%	+24.0%
Jun 2018	33.62%	+11.0%
Mar 2018	30.28%	+5.2%
Dec 2017	28.79%	-28.8%
Sep 2017	40.45%	+18.4%
Jun 2017	34.17%	+29.8%
Mar 2017	26.32%	-0.5%
Dec 2016	26.45%	-31.2%

Month	Value	Change
Sep 2016	38.46%	+28.6%
Jun 2016	29.91%	+15.2%
Mar 2016	25.97%	+3.1%
Dec 2015	25.18%	-27.4%
Sep 2015	34.68%	+21.8%
Jun 2015	28.47%	+38.0%
Mar 2015	20.63%	-12.5%
Dec 2014	23.58%	-35.3%
Sep 2014	36.47%	+20.2%
Jun 2014	30.34%	+28.6%
Mar 2014	23.59%	+12.1%
Dec 2013	21.04%	-41.6%
Sep 2013	36.01%	+36.7%
Jun 2013	26.34%	+17.7%
Mar 2013	22.37%	+5.2%
Dec 2012	21.27%	-38.9%
Sep 2012	34.79%	+32.3%
Jun 2012	26.29%	+15.2%
Mar 2012	22.82%	+11.1%
Dec 2011	20.54%	-38.6%
Sep 2011	33.44%	+36.6%
Jun 2011	24.48%	-19.8%
Mar 2011	30.53%	+84.1%
Dec 2010	16.58%	-50.5%
Sep 2010	33.49%	+36.1%
Jun 2010	24.61%	+21.4%
Mar 2010	20.28%	+83.0%
Dec 2009	11.08%	-63.6%
Sep 2009	30.44%	+35.2%
Jun 2009	22.51%	+25.3%
Mar 2009	17.96%	+154.0%
Dec 2007	7.07%	-69.1%
Sep 2007	22.90%	+30.7%
Jun 2007	17.52%	+55.7%
Mar 2007	11.25%	+154.5%
Dec 2006	4.42%	-80.3%
Sep 2006	22.41%	+47.5%
Jun 2006	15.19%	+2.6%
Mar 2006	14.81%	-

FAQ

What is the current quarterly gross margin of NCLH?: As of today, NCLH quarterly gross margin is 29.64%
What is NCLH quarterly gross margin most recent change?: NCLH quarterly gross margin was down -1.53% on June 30, 2026
What is 1-year change in NCLH quarterly gross margin?: NCLH quarterly gross margin is down -8.43% year-over-year
How far is NCLH quarterly gross margin from its all-time high?: NCLH quarterly gross margin is currently -28.90% below its historical high of 41.69% set on September 30, 2018
How does NCLH quarterly gross margin rank versus sector peers?: NCLH quarterly gross margin is higher than 48.40% of companies in Consumer Cyclical sector
When is NCLH next earnings release?: The next earnings release for NCLH is on November 4, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

NCLH Official Website www.nclhltd.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1513761/000110465926022067/0001104659-26-022067-index.htm
NCLH Profile on Yahoo Finance finance.yahoo.com/quote/NCLH
NCLH Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nclh