---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-004871"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:18:18.957932+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Norwegian Q2 record revenue $2.5B; Adj. EBITDA $694M beats guidance; FY guidance reaffirmed

## Summary
- Q2 total revenue $2.5B, +6% YoY; GAAP net income $30M, EPS $0.07; Adjusted EPS $0.51 met guidance.
- Adjusted EBITDA $694M exceeding guidance; $0.08 EPS headwind from FX offset by operational strength.
- Reiterated full year 2025 guidance on all key metrics citing robust consumer demand across all three brands.
- Expanding Great Stirrup Cay with Great Tides Waterpark (19 slides, 800-ft river) expected summer 2026.
- Took delivery Oceania Allura; ordered two additional Sonata Class ships; upsized revolver to ~$2.5B.

## SEC filing metadata
- accession: 0001171843-25-004871
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000117184325004871/0001171843-25-004871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000117184325004871/f8k_073025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-004871
- JSON: https://secwatch.observer/filing/0001171843-25-004871.json
- Plain text: https://secwatch.observer/filing/0001171843-25-004871.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.