VIK

+ Watchlist + Portfolio

Viking Holdings Ltd

GridBrain — Sign in

GridSentinel — Sign in

GridAegis — Sign in

Key Metrics

Previous Close: $90.77
52-Week Range: $56.37 – $110.09
Market Cap: $40.39B
P/E (TTM): 30.08
EPS (TTM): 3.01
Dividend Yield: —

Advanced Metrics

Price/Book: 38.85
PEG Ratio: —
Return on Equity: 139.62%
Return on Assets: 8.14%
Gross Margin: 44.28%
Operating Margin: 29.39%
Profit Margin: 19.33%
Current Ratio: 0.81
Debt/Equity: 3.75
Total Debt: $6.19B
Free Cash Flow: $393.27M
Revenue Growth: 16.50%
Earnings Growth: 32.30%
Enterprise Value: $42.62B

VIK Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$3.18B	$4.71B	$5.33B	$6.50B
Cost of Revenue	$2.15B	$2.85B	$3.11B	$3.68B
Gross Profit	$1.02B	$1.86B	$2.22B	$2.82B
Selling, General & Admin	$682.81M	$789.04M	$883.89M	$1.03B
Operating Expenses	$960.87M	$1.04B	$1.14B	$1.32B
Operating Income	$62.75M	$815.95M	$1.08B	$1.50B
EBITDA	$1.14B	-$1.11B	$807.51M	$1.79B
Pretax Income	$423.58M	-$1.84B	$169.83M	$1.17B
Income Tax	$8.90M	$6.64M	$16.86M	$19.65M
Net Income	$414.72M	-$1.85B	$152.33M	$1.15B
Diluted EPS	-0.69	-2.27	0.36	2.57
Diluted Shares	431.46M	431.46M	366.71M	446.42M

VIK Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$1.25B	$1.37B	$2.34B	$3.65B
Receivables	$577.78M	$357.07M	$239.02M	$142.04M
Inventory	$45.38M	$54.60M	$91.47M	$95.78M
Current Assets	$2.16B	$2.35B	$3.22B	$4.50B
Total Assets	$7.86B	$8.58B	$10.12B	$12.23B
Current Liabilities	$4.10B	$4.36B	$5.22B	$5.72B
Long-Term Debt	$4.94B	$5.04B	$4.87B	$5.13B
Total Debt	$5.45B	$5.55B	$5.57B	$5.74B
Total Liabilities	$11.35B	$13.85B	$10.34B	$11.11B
Retained Earnings	-$3.59B	-$5.42B	-$5.29B	-$4.16B
Shareholders' Equity	-$3.50B	-$5.27B	-$222.73M	$1.09B
Working Capital	-$1.94B	-$2.01B	-$2.00B	-$1.21B
Net Debt	$3.94B	$3.93B	$2.99B	$1.85B

VIK Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$372.67M	$1.37B	$2.08B	$2.56B
Capital Expenditure	-$956.38M	-$676.34M	-$917.42M	-$1.03B
Free Cash Flow	-$583.71M	$695.00M	$1.16B	$1.53B
Depreciation & Amortisation	$278.06M	$253.72M	$260.84M	$284.79M
Stock-Based Compensation	$25.26M	$17.91M	$14.11M	$88.52M
Investing Cash Flow	-$841.50M	-$634.23M	-$853.71M	-$949.48M
Financing Cash Flow	-$80.93M	-$479.65M	-$247.90M	-$305.96M
Dividends Paid	-$46.46M	-$49.29M	-$18.23M	$0.00
Share Repurchases	$0.00	$0.00	—	—
Net Change in Cash	-$549.77M	$257.45M	$980.39M	$1.30B

VIK Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$897.06M	$1.88B	$2.00B	$1.72B	$1.05B
Cost of Revenue	$593.66M	$1.02B	$1.06B	$1.01B	$694.06M
Gross Profit	$303.39M	$859.26M	$941.47M	$713.43M	$359.68M
Selling, General & Admin	$243.86M	$248.29M	$267.04M	$272.04M	$272.21M
Operating Expenses	$312.66M	$313.73M	$336.76M	$352.87M	$347.62M
Operating Income	-$9.27M	$545.53M	$604.71M	$360.56M	$12.06M
EBITDA	$53.22M	$593.25M	$697.59M	$449.38M	$103.17M
Pretax Income	-$102.28M	$443.83M	$520.91M	$305.29M	-$49.12M
Income Tax	$3.17M	$4.60M	$6.91M	$4.98M	$5.12M
Net Income	-$105.47M	$439.05M	$514.09M	$299.91M	-$54.38M
Diluted EPS	-0.24	0.99	1.15	0.67	-0.12
Diluted Shares	442.91M	445.55M	446.64M	447.12M	445.88M

VIK Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$2.77B	$2.44B	$2.88B	$3.65B	$4.05B
Receivables	$232.17M	$171.26M	$130.17M	$142.04M	$154.70M
Inventory	$91.75M	$92.07M	$98.61M	$95.78M	$118.07M
Current Assets	$3.70B	$3.46B	$3.85B	$4.50B	$5.01B
Total Assets	$10.70B	$11.12B	$11.52B	$12.23B	$13.20B
Current Liabilities	$5.89B	$5.41B	$6.11B	$5.72B	$6.44B
Long-Term Debt	$4.85B	$5.19B	$4.34B	$5.13B	$5.42B
Total Debt	$5.54B	$5.66B	$5.65B	$5.74B	$5.83B
Total Liabilities	$10.97B	$10.84B	$10.72B	$11.11B	$12.13B
Retained Earnings	-$5.39B	-$4.96B	-$4.44B	-$4.16B	—
Shareholders' Equity	-$271.23M	$275.13M	$800.42M	$1.09B	$1.04B
Working Capital	-$2.19B	-$1.95B	-$2.26B	-$1.21B	-$1.43B
Net Debt	$2.55B	$2.99B	$2.52B	$1.85B	$1.55B

VIK Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	$587.88M	$470.68M	$663.94M	$837.81M	$742.17M
Capital Expenditure	-$146.29M	-$668.09M	-$54.55M	-$157.93M	-$530.93M
Free Cash Flow	$441.59M	-$197.41M	$609.39M	$679.88M	$211.24M
Depreciation & Amortisation	$68.80M	$65.44M	$69.72M	$80.83M	$75.41M
Stock-Based Compensation	$14.21M	$22.16M	$28.10M	$24.05M	$18.54M
Investing Cash Flow	-$130.10M	-$659.67M	-$29.65M	-$130.06M	-$513.03M
Financing Cash Flow	-$184.51M	$22.83M	-$202.01M	$57.72M	$7.45M
Dividends Paid	$0.00	$0.00	$0.00	$0.00	$0.00
Net Change in Cash	$273.28M	-$166.16M	$432.28M	$765.47M	$236.59M

Market Snapshot

About

Viking Holdings Ltd operates a cruise line business focused on river, ocean, and expedition cruises. The company offers destination-focused itineraries across Europe, Asia, Africa, Australia, and the Americas. Viking is known for its adult-focused cruise experiences with cultural enrichment programs and no casinos or children on board.