Norwegian Air Shuttle ASA (OSL:NAS) Net Income: kr1,616 Mil (TTM As of Jun. 2026)

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OSL:NAS Norwegian Air Shuttle ASA OSL:NAS
70 GF Score
Price kr12.62
GF Value kr15.75
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Norwegian Air Shuttle ASA Net Income?

Norwegian Air Shuttle ASA OSL:NAS +0.96% 70 Net Income is kr1,616 Mil as of Jun. 2026. GuruFocus rates OSL:NAS with a GF Score™ of 70/100 and a GF Value™ of kr15.75 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Norwegian Air Shuttle ASA's Net Income for the three months ended in Jun. 2026 was kr-555 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was kr1,616 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Norwegian Air Shuttle ASA's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was kr-0.53.


Norwegian Air Shuttle ASA  (OSL:NAS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Norwegian Air Shuttle ASA's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Norwegian Air Shuttle ASA Net Income Related Terms


Norwegian Air Shuttle ASA Net Income Historical Data

* Premium members only.

The historical data trend for Norwegian Air Shuttle ASA's Net Income 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 Air Shuttle ASA Net Income Chart

Norwegian Air Shuttle ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,870.50 1,005.50 1,736.90 1,355.00 2,708.00

Norwegian Air Shuttle ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income 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 932.00 2,549.00 -16.00 -362.00 -555.00
OSL:NAS
70GF Score
Norwegian Air Shuttle ASA OSL:NAS
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Norwegian Air Shuttle ASA Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Norwegian Air Shuttle ASA's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3016+-308+0+0
=2,708

Norwegian Air Shuttle ASA's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-761+206+0+0
=-555

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,616 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of kr1,616 Mil mean?
Norwegian Air Shuttle ASA (OSL:NAS) has a Net Income of kr1,616 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Norwegian Air Shuttle ASA and its competitors.
Is Norwegian Air Shuttle ASA's Net Income too high?
Norwegian Air Shuttle ASA's current Net Income is kr1,616 Mil. Overall, Norwegian Air Shuttle ASA has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Air Shuttle ASA's Net Income compare to DAL and UAL?
Norwegian Air Shuttle ASA's Net Income of kr1,616 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Transportation company?
A good Net Income depends on the Transportation industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Norwegian Air Shuttle ASA and its competitors. Norwegian Air Shuttle ASA's current Net Income is kr1,616 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Air Shuttle ASA stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA (OSL:NAS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr15.75, compared to a current price of kr12.62 — trading 19.9% below its estimated fair value. The current Net Income is kr1,616 Mil. Norwegian Air Shuttle ASA's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Norwegian Air Shuttle ASA (OSL:NAS), the current Net Income is kr1,616 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 Air Shuttle ASA (OSL:NAS) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be undervalued. The current stock price of kr12.62 is trading 19.9% below its estimated GF Value™ of kr15.75. GuruFocus considers Norwegian Air Shuttle ASA to be Modestly Undervalued.

Key valuation signals for OSL:NAS:

  • Net Income: kr1,616 Mil
  • GF Value™: kr15.75 vs. price of kr12.62 (19.9% below fair value)
  • GF Score™: 70/100 with 5 warning signs

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


Norwegian Air Shuttle ASA Business Description

Address Oksenoyveien 3, Fornebu, P.O. Box 115, Lysaker, NOR, NO-1366
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Operations, Wideroe and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.
70GF Score

Get the complete analysis for OSL:NAS

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

kr12.62
Price
kr15.75
GF Value