---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-006936"
form_type: "8-K"
ticker: "NCLH"
cik: "0001513761"
company_name: "Norwegian Cruise Line Holdings Ltd."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:36:36.581229+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NCLH Q3 revenue record $2.9B; adj EPS $1.20 beats guidance, FY25 outlook raised

## Summary
- Total revenue $2.9B (+5% YoY), GAAP net income $419.3M ($0.86 EPS).
- Adjusted EPS $1.20 (beat guidance of $1.14), up 17% YoY; Adjusted EBITDA $1.019B above guidance.
- Full year 2025 Adjusted EPS guidance increased; Adjusted Net Income and EBITDA guidance reiterated.
- Capital market transactions cut fully diluted shares by ~38.1M (~7.5%), removed secured notes, extended debt maturities.
- Launched loyalty status honoring program across NCL, Oceania, Regent brands.

## SEC filing metadata
- accession: 0001171843-25-006936
- form_type: 8-K
- ticker: NCLH
- cik: 0001513761
- company_name: Norwegian Cruise Line Holdings Ltd.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1513761/000117184325006936/0001171843-25-006936-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1513761/000117184325006936/f8k_110325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-006936
- JSON: https://secwatch.observer/filing/0001171843-25-006936.json
- Plain text: https://secwatch.observer/filing/0001171843-25-006936.txt

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