May. 14 at 11:49 AM
$VIK
🚨🚨🚨
Total revenue for the quarter rose 17.5% year over year to
$1,053.7 million, driven by higher capacity and stronger pricing.
Adjusted EBITDA increased 43.9% to
$104.8 million, and net loss narrowed to
$54.2 million from
$105.5 million a year earlier, with diluted EPS improving to $(0.12).
Operational metrics were solid, with occupancy at 94.7% and Net Yield at
$596, up 9.5%.
As of May 3, 2026, Viking had sold 92% of Capacity Passenger Cruise Days for its 2026 Core Products season and 38% for 2027, supported by Advance Bookings of
$6,225 million for 2026 and
$3,403 million for 2027.
The balance sheet showed
$4.0 billion in cash and cash equivalents and Net Leverage of 1.0x, helped by strong operating cash flow and an S&P rating upgrade to BB+ for Viking Cruises Ltd.
