Norwegian Cruise Line Opens Bookings For Summer 2028 With 450+ Voyages Across 20 Ships

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Norwegian Cruise Line Holdings (NCLH) guided Q3 net yield to fall about 8.9% with a 104% load factor, and Q4 net yield down about 6.5% with a 99% load factor. Full-year adjusted EBITDA is expected near $2.5B and adjusted EPS around $1.50. Management cited execution issues, added marketing leadership, and outlined base-loading pricing changes, plus $100M annualized savings.

Norwegian Cruise Line Holdings reported Q2 2026 net income of $222.6M, or $0.48/share, and adjusted EPS of $0.48, beating its guidance of $0.38 and consensus of $0.39, on revenue of $2.64B. Adjusted EBITDA fell 4.1% to $666M but exceeded guidance. Despite the beat, it cut full-year adjusted EPS to about $1.50 and projected Q3 adjusted EPS of $0.90, citing demand headwinds, fuel costs, and turnaround progress.

Norwegian Cruise Line Holdings reported better-than-expected second-quarter profits on Thursday, but its own executives warned that demand shortfalls will persist across all three of its brands well into next year — a rare admission that gives travelers planning a cruise unusual pricing leverage through at least the first half of 2027.

Shares of Norwegian Cruise Line Holdings (NCLH -9.78%) fell on Thursday after the fleet manager slashed its full-year earnings guidance. Norwegian is battling rough seas Norwegian's revenue rose 4.9% year over year to $2.6 billion in the second quarter, mainly due to increased capacity days. However, the cruise ship operator's net yield -- a key measure of profitability -- declined by 2.6% on a constant-currency basis.

NCLH Q2 revenue was $2.6bn, up 4.9pc. GAAP net income was $223m with EPS of $0.48. Great Tides Waterpark opens 4 September at Great Stirrup Cay. NCLH settled exchangeable notes in cash. Total debt was $15.0bn with liquidity of $1.5bn. Norwegian Cruise Line Holdings has reported second quarter total revenue of $2.6bn, a 4.9pc increase compared to the prior year, with GAAP net income of $223m and EPS of $0.48.