HighGravityDataNorwegian Cruise Line Holdings — Jul 30, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001171843-26-005050
Showing in the filing
Reduction in diluted weighted-average shares outstanding
“4 million shares”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 52
Expected annualized run-rate savings
“~$100 million”
Annualized savings identified (in addition t…
“$100 million”
Reduction in diluted weighted-average shares… for FY2026
“4 million shares”
Net Yield on a Constant Currency basis for FY2026
“expected to be down approximately 5% versus 2025”
Net Yield (Constant Currency) for FY2026
“down approximately 5%”
Adjusted Net Cruise Cost excluding Fuel per … for FY2026
“expected to be down approximately 0.25% on a Constant Currency basis versus 2025”
Adjusted Net Cruise Cost excluding Fuel per … for FY2026
“down approximately 0.25%”
Adjusted EBITDA for FY2026
“expected to be approximately $2.5 billion”
Adjusted Operational EBITDA Margin for FY2026
“expected to be 33.2%”
Adjusted Net Income for FY2026
“expected to be approximately $700 million”
Net Yield on a Constant Currency basis for Q3 FY2026
“expected to decline 8.9% versus 2025”
Net Yield (Constant Currency) for Q3 FY2026
“decline 8.9%”
Adjusted Net Cruise Cost excluding Fuel per … for Q3 FY2026
“expected to decline 0.9% on a Constant Currency basis versus 2025”
Adjusted Net Cruise Cost excluding Fuel per … for Q3 FY2026
“decline 0.9%”
Adjusted EBITDA for Q3 FY2026
“expected to be $874 million”
Adjusted Operational EBITDA Margin for Q3 FY2026
“expected to be 41.2%”
Net Yield (As Reported) for Q3 FY2026
“(8.8%)”
Net Yield (As Reported) for FY2026
“~(4.7%)”
Adjusted Net Cruise Cost Excluding Fuel per … for Q3 FY2026
“(1.0%)”
Adjusted Net Cruise Cost Excluding Fuel per … for FY2026
“~0.0%”
Capacity Days for Q3 FY2026
“6.8 million”
Capacity Days for FY2026
“~26.25 million”
Occupancy for Q3 FY2026
“104.0%”
Occupancy for FY2026
“~102.3%”
Adjusted Net Income for Q3 FY2026
“$414 million”
Adjusted EPS for Q3 FY2026
“$0.90”
Diluted Weighted-Average Shares Outstanding for Q3 FY2026
“461 million”
Diluted Weighted-Average Shares Outstanding for FY2026
“~464 million”
Depreciation and Amortization for Q3 FY2026
“$275 million”
Depreciation and Amortization for FY2026
“~$1,085 million”
Interest Expense, net for Q3 FY2026
“$180 million”
Interest Expense, net for FY2026
“~$705 million”
Fuel consumption in metric tons for Q3 FY2026
“245,000”
Fuel consumption in metric tons for FY2026
“1,010,000”
Fuel price per metric ton, net of hedges for Q3 FY2026
“$811”
Fuel price per metric ton, net of hedges for FY2026
“$780”
Newbuild-and-Growth Capital Expenditures, Gr… for Q3 FY2026
“$313”
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 Q3 FY2026
“$202”
Newbuild-and-Growth Capital Expenditures, Ne… for FY2026
“~$1.4”
Newbuild-and-Growth Capital Expenditures, Ne… for FY2027
“~$0.9”
Newbuild-and-Growth Capital Expenditures, Ne… for FY2028
“~$0.5”
Other Capital Expenditures (millions) for Q3 FY2026
“~$100”
Other Capital Expenditures (millions) for FY2026
“~$540”
Additional ships expected to be added for FY2037
“16”
Additional Berths expected to be added for FY2037
“~43,000”
Exhibit 99.1 · the passage around this item
… earlier in the release
Prior to quarter-end, the Company elected to settle the 1.125% Exchangeable Senior Notes due 2027, and the 2.50% Exchangeable Senior Notes due 2027, in cash. The elections are expected to reduce the diluted weighted-average shares outstanding in full year 2026 by 4 million shares, relative to guidance previously issued on May 4, 2026. “Norwegian Cruise Line Holdings delivered a solid second quarter with profitability ahead of guidance. At the same time, we continued to advance our strategic priorities to strengthen the business for the long term,” said John W. Chidsey, Chairperson and Chief Executive Officer of Norwegian Cruise Line Holdings Ltd. “We are executing with urgency on our priorities including sharpening our brand positioning and marketing execution, strengthening our revenue management and pricing capabilities, driving meaningful cost efficiencies, including an additional $100 million of savings, and ensuring we have the right team in place to rebuild commercial momentum over time. While we are confident in the strength of our brands and the long-term benefits of the actions underway, we are still in the early stages of our turnaround. Our leadership team is united and focused on delivering sustainable growth and long-term value creation.” ___________________ 1 See “Terminology”, “Non-GAAP Financial Measures” and “Outlook and Guidance” below for additional information about Adjusted EPS, Adjusted EBITDA, Adjusted Net Income, Net Leverage and ot
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.