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Norwegian Cruise Line Holdings Ltd. NCLH Service Other — Cost of Goods Sold

Other product segments

Commissions Transportation And Other
$397.61M+0.6%
Payroll And Related
$380.22M+13.7%
Fuel Expense
$168.93M-3.5%
Onboard And Other
$151.87M+9.4%
Food And Beverage
$80.68M+6.7%

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Other financials

Income statement

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Revenue$2.6B+4.9%
Gross profit$1.1B-0.7%
Operating income$363.3M-14.3%
Net income$222.6M+642%
EPS (diluted)$0.48+586%

Balance sheet

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Cash & equivalents$218.1M+18.5%
Total debt$15.0B+9.0%
Total equity$2.6B+63.9%
Total assets$24.0B+11.2%

Cash flow

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Operating cash flow$602.6M-15.7%
CapEx$457.7M+37.2%
Free cash flow$144.9M

Valuation

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Market cap$9.32B-16.9%
Enterprise value$24.14B-2.7%
P/E12.3×-3.3×
P/S0.9×-0.3×

Profitability

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Gross margin42.5%+1.1pp
Operating margin15.1%-0.9pp
Net margin7.5%0.0pp
FCF margin-4.7%

Returns & leverage

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Return on equity36.7%-26.8pp
Debt / equity5.8×-2.9×
Current ratio0.2×0.0×

Where this comes from

Reported directly by Norwegian Cruise Line Holdings Ltd. in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Norwegian Cruise Line Holdings Ltd.’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 3:44 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-054833
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Payroll and related380,216334,504
Fuel168,926175,014
Food80,68275,588
Other198,584184,631
Total cruise operating expense1,377,8811,303,938
Other operating expense
Marketing, general and administrative459,681391,376
Depreciation and amortization260,716231,297

Item 1. Financial Statements

FAQ

What is Norwegian Cruise Line Holdings Ltd.'s service other — cost of goods sold?
Norwegian Cruise Line Holdings Ltd. (NCLH) reported service other — cost of goods sold of $198.58M in Q1 2026.
How has Norwegian Cruise Line Holdings Ltd.'s service other — cost of goods sold changed year-over-year?
Norwegian Cruise Line Holdings Ltd.'s service other — cost of goods sold increased by 7.6% year-over-year, from $184.63M to $198.58M.
What is the long-term trend for Norwegian Cruise Line Holdings Ltd.'s service other — cost of goods sold?
Over 4 years (2021 to 2025), Norwegian Cruise Line Holdings Ltd.'s service other — cost of goods sold has grown at a 11.1% compound annual growth rate (CAGR), from $508.19M to $774.03M.
What does service other — cost of goods sold mean?
This metric represents the direct variable costs incurred to provide ancillary services and products within the company's secondary business segments. It encompasses the procurement, logistics, and fulfillment expenses directly attributable to generating revenue from non-core service offerings. Monitoring this helps evaluate the direct profitability and margin efficiency of the company's diversified revenue streams.

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