Norwegian Cruise Line reports Q1 revenue up 10%, net income $105M, but lowers full-year EPS guidance amid geopolitical challenges.

Norwegian Cruise Line Holdings reported a 10% revenue increase to $2.3 billion and a net income of $105 million in Q1 2026, driven by higher capacity days and cost savings. Adjusted EBITDA rose 18% to $533 million, exceeding expectations. However, the company lowered its full-year 2026 adjusted EPS guidance to $1.45-$1.79 due to geopolitical tensions in the Middle East impacting bookings and fuel costs. Norwegian is focusing on cost management and strategic initiatives to improve long-term performance despite near-term challenges.