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Friday 6 November 2026 Export VIK’s income statement to Excel — free account

Viking Holdings Ltd.

VIK Consumer Cyclical Travel Services

Viking Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $6.5 billion, up 21.9% from fiscal 2024.

Revenue
+16.5%
EPS
+33.3%
Free cash flow
−75.6%
Total debt
+9.47%

Quarter to June 2026, against a year earlier

86.53 4.64 −5.09%
Market cap
$38.5B
P/E
28.6×
Fwd P/E
27.2×
Dividend yield
—
F-score
8/9
Altman Z
2.05
Beneish M
−3.32
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Viking Holdings Ltd. (VIK) Gross margin

Alert me on Gross margin

Viking Holdings Ltd.'s gross margin over the twelve months to 30 June 2026 was 43.2%, down 0.1 percentage points from fiscal 2025 (43.3%). That is below the Travel Services industry median of 52.2% and above the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 43.3% 1.72
FY2024 41.6% 2.16
FY2023 39.5% 7.23
FY2022 32.2% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 45.5% 11.37
Mar 2026 34.1% (7.24)
Dec 2025 41.4% (5.71)
Sep 2025 47.1% 1.38
10 more quarters

Gross margin against peers

Company Gross margin
BKNG Booking Holdings Inc. compare 100.0%
EXPE Expedia Group, Inc. compare 90.5%
ABNB Airbnb, Inc. compare 83.1%
TCOM Trip.com Group Limited Sponsored ADR compare 80.1%
MMYT MakeMyTrip Limited compare 77.3%
RCL Royal Caribbean Cruises Ltd. compare 49.1%
VIK Viking Holdings Ltd. 43.2%
NCLH Norwegian Cruise Line Holdings Ltd. compare 41.4%
CCL Carnival Corporation compare 39.5%
Travel Services industry median 52.2%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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