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Companies / Norwegian Cruise Line Holdings / Filing

Norwegian Cruise Line Holdings — May 4, 2026 release

Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001171843-26-002957
Open on SEC.gov ↗
Showing in the filing
Newbuild-and-Growth Capital Expenditures, Gross
“$260”
Period
Q3 FY2026
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 53
Expected annualized run-rate savings
“approximately $125 million”
Net Yield on a Constant Currency basis for FY2026
“expected to be down approximately 3% to 5% versus 2025”
Net Yield (Constant Currency) for FY2026
“down approximately 3% to 5%”
Adjusted Net Cruise Cost excluding Fuel per … for FY2026
“expected to be approximately flat on a Constant Currency basis versus 2025”
Adjusted EBITDA for FY2026
“expected to be approximately $2.48 billion to $2.64 billion”
Adjusted Operational EBITDA Margin for FY2026
“expected to be 32.9% to 34.3%”
Adjusted Net Income for FY2026
“expected to be approximately $679 million to $838 million”
Net Yield on a Constant Currency basis for Q2 FY2026
“expected to decline approximately 3.6% versus 2025”
Net Yield (Constant Currency) for Q2 FY2026
“decline approximately 3.6%”
Adjusted Net Cruise Cost excluding Fuel per … for Q2 FY2026
“expected to grow approximately 1.0% on a Constant Currency basis versus 2025”
Adjusted Net Cruise Cost Excluding Fuel per … for Q2 FY2026
“grow approximately 1.0%”
Adjusted EBITDA for Q2 FY2026
“expected to be approximately $632 million”
Adjusted Operational EBITDA Margin for Q2 FY2026
“expected to be approximately 32.5%”
Net Yield (As Reported) for Q2 FY2026
“~(3.2%)”
Net Yield (As Reported) for FY2026
“(2.7%) – (4.7%)”
Adjusted Net Cruise Cost Excluding Fuel per … for Q2 FY2026
“~1.4%”
Adjusted Net Cruise Cost Excluding Fuel per … for FY2026
“~0.3%”
Adjusted Net Cruise Cost excluding Fuel per … for FY2026
“~0.0%”
Capacity Days for Q2 FY2026
“~6.6 million”
Capacity Days for FY2026
“~26.25 million”
Occupancy for Q2 FY2026
“~102.5%”
Occupancy for FY2026
“~104.2%”
Adjusted Net Income for Q2 FY2026
“~$178 million”
Adjusted EPS for Q2 FY2026
“~$0.38”
Adjusted EPS for FY2026
“$1.45 to $1.79”
Diluted Weighted-Average Shares Outstanding for Q2 FY2026
“~467 million”
Diluted Weighted-Average Shares Outstanding for FY2026
“~468 million”
Depreciation and Amortization for Q2 FY2026
“~$275 million”
Depreciation and Amortization for FY2026
“~$1,085 million”
Interest Expense, net for Q2 FY2026
“~$175 million”
Interest Expense, net for FY2026
“~$695 million”
Fuel consumption in metric tons for Q2 FY2026
“251,000”
Fuel consumption in metric tons for FY2026
“1,020,000”
Fuel price per metric ton, net of hedges for Q2 FY2026
“$860”
Fuel price per metric ton, net of hedges for FY2026
“$782”
Newbuild-and-Growth Capital Expenditures, Gr… for Q3 FY2026
“$260”
Newbuild-and-Growth Capital Expenditures, Gr… for FY2027
“~$2.9”
Newbuild-and-Growth Capital Expenditures, Gr… for FY2026
“~$2.9”
Newbuild-and-Growth Capital Expenditures, Gr… for FY2028
“~$1.8”
Export Credit Financing for Newbuild-and-Gro… for Q3 FY2026
“$111”
Export Credit Financing for Newbuild-and-Gro… for FY2026
“~$1.6”
Export Credit Financing for Newbuild-and-Gro… for FY2027
“~$2.0”
Export Credit Financing for Newbuild-and-Gro… for FY2028
“~$1.3”
Newbuild-and-Growth Capital Expenditures, Ne… for FY2026
“~$1.3”
Newbuild-and-Growth Capital Expenditures, Ne… for Q2 FY2026
“$380”
Newbuild-and-Growth Capital Expenditures, Ne… for Q3 FY2026
“$149”
Newbuild-and-Growth Capital Expenditures, Ne… for FY2027
“~$0.9”
Newbuild-and-Growth Capital Expenditures, Ne… for FY2028
“~$0.5”
Other Capital Expenditures for Q2 FY2026
“$140”
Other Capital Expenditures for Q3 FY2026
“103”
Other Capital Expenditures for FY2026
“~$540”
Fleet additions (ships) for FY2037
“16 additional ships”
Fleet additions (Berths) for FY2037
“~43,000 Berths”
Exhibit 99.1 · the passage around this item
… earlier in the release
Capital Expenditures The following table presents newbuild-and-growth capital expenditures, which mainly consists of capital expenditures related to the construction of new ships, private island developments and enhancements and other strategic growth initiatives:       Second Quarter 2026 (millions)   Third Quarter 2026 (millions)   Full Year 2026 (billions)   Full Year 2027 (billions)   Full Year 2028 (billions) Newbuild-and-Growth Capital Expenditures, Gross 1     $380   $260   ~$2.9   ~$2.9   ~$1.8 Export Credit Financing for Newbuild-and-Growth Capital Expenditures     -   $111   ~$1.6   ~$2.0   ~$1.3 Newbuild-and-Growth Capital Expenditures, Net of Financing     $380   $149   ~$1.3   ~$0.9   ~$0.5 __________________________ Includes all newbuild related capital expenditures including shipyard progress payments. Note: Numbers may not add due to rounding. The following table presents other capital expenditures, which mainly consists of investments related to maintenance, Dry-dock renovations, technology and digital:       Second Quarter 2026 (millions)   Third Quarter 2026 (millions)   Full Year 2026 (millions) Other Capital Expenditures     $140   103   ~$540                 Fleet and Brand Updates Norwegian Cruise Line took delivery and Christened Norwegian Luna™, the stunning new ship that offers a range of family-friendly onboard experience, including the Aqua slidecoaster, Moon Climber, and mini-golf. Additionally, Norwegian Luna offers adult-only experiences like the late-night production of ‘LunaTique™’. Learn more here . Oceania Cruises introduced a new global campaign—The Joy of Traveling Well—reflecting the brand’s commitment to enriching tr
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.