NCLH (Norwegian Cruise Line Holdings) Current Deferred Revenue: $3,651 Mil (As of Jun. 2026)

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NCLH Norwegian Cruise Line Holdings Ltd NCLH
77 GF Score
Price $18.53
GF Value $21.64
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Norwegian Cruise Line Holdings Current Deferred Revenue?

Norwegian Cruise Line Holdings NCLH -1.01% 77 Current Deferred Revenue is $3,651 Mil as of Jun. 2026. GuruFocus rates NCLH with a GF Score™ of 77/100 and a GF Value™ of $21.64 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Norwegian Cruise Line Holdings's current deferred revenue for the quarter that ended in Jun. 2026 was $3,651 Mil.

Norwegian Cruise Line Holdings Current Deferred Revenue Related Terms


Norwegian Cruise Line Holdings Current Deferred Revenue Historical Data

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The historical data trend for Norwegian Cruise Line Holdings's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Norwegian Cruise Line Holdings Current Deferred Revenue Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,561.34 2,516.52 3,060.67 3,105.96 3,200.59

Norwegian Cruise Line Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,833.78 3,146.87 3,200.59 3,718.87 3,651.20
NCLH
77GF Score
Norwegian Cruise Line Holdings Ltd NCLH
Current Deferred Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Current Deferred Revenue of $3,651 Mil mean?
Norwegian Cruise Line Holdings (NCLH) has a Current Deferred Revenue of $3,651 Mil as of Jun. 2026. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Norwegian Cruise Line Holdings and its competitors.
Is Norwegian Cruise Line Holdings' Current Deferred Revenue too high?
Norwegian Cruise Line Holdings' current Current Deferred Revenue is $3,651 Mil. Overall, Norwegian Cruise Line Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Cruise Line Holdings' Current Deferred Revenue compare to GBTG and MMYT?
Norwegian Cruise Line Holdings' Current Deferred Revenue of $3,651 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Deferred Revenue for a Travel & Leisure company?
A good Current Deferred Revenue depends on the Travel & Leisure industry context. However, Current Deferred Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Norwegian Cruise Line Holdings and its competitors. Norwegian Cruise Line Holdings's current Current Deferred Revenue is $3,651 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Cruise Line Holdings stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings (NCLH) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.64, compared to a current price of $18.53 — trading 14.4% below its estimated fair value. The current Current Deferred Revenue is $3,651 Mil. Norwegian Cruise Line Holdings' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Norwegian Cruise Line Holdings (NCLH), the current Current Deferred Revenue is $3,651 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norwegian Cruise Line Holdings (NCLH) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Cruise Line Holdings stock appears to be undervalued. The current stock price of $18.53 is trading 14.4% below its estimated GF Value™ of $21.64. GuruFocus considers Norwegian Cruise Line Holdings to be Modestly Undervalued.

Key valuation signals for NCLH:

  • Current Deferred Revenue: $3,651 Mil
  • GF Value™: $21.64 vs. price of $18.53 (14.4% below fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the NCLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norwegian Cruise Line Holdings Business Description

Address 7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 75,000). It operates 35 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 16 passenger vessels on order among its brands through 2037, representing 43,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
77GF Score

Get the complete analysis for NCLH

Current Deferred Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.53
Price
$21.64
GF Value