| Summary of Results for the Group's Segments |
Set forth below are results for the Group’s segments for the three months ended March 31, 2026 and 2025:
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Three Months Ended March 31, 2026 |
|
(in USD and thousands) |
|
River |
|
|
Ocean |
|
|
Other |
|
|
Total |
|
Total revenue |
|
$ |
249,479 |
|
|
$ |
663,582 |
|
|
$ |
140,680 |
|
|
$ |
1,053,741 |
|
Total cruise operating expenses |
|
|
(230,416 |
) |
|
|
(374,642 |
) |
|
|
(88,999 |
) |
|
|
(694,057 |
) |
Other operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
Selling and administration |
|
|
(127,801 |
) |
|
|
(99,662 |
) |
|
|
(44,751 |
) |
|
|
(272,214 |
) |
Depreciation and amortization |
|
|
(25,602 |
) |
|
|
(38,740 |
) |
|
|
(11,067 |
) |
|
|
(75,409 |
) |
Total other operating expenses |
|
|
(153,403 |
) |
|
|
(138,402 |
) |
|
|
(55,818 |
) |
|
|
(347,623 |
) |
Operating (loss) income |
|
$ |
(134,340 |
) |
|
$ |
150,538 |
|
|
$ |
(4,137 |
) |
|
$ |
12,061 |
|
|
|
|
|
|
|
|
|
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|
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|
|
|
|
Three Months Ended March 31, 2025 |
|
(in USD and thousands) |
|
River |
|
|
Ocean |
|
|
Other |
|
|
Total |
|
Total revenue |
|
$ |
214,083 |
|
|
$ |
558,978 |
|
|
$ |
123,995 |
|
|
$ |
897,056 |
|
Total cruise operating expenses |
|
|
(198,209 |
) |
|
|
(316,548 |
) |
|
|
(78,904 |
) |
|
|
(593,661 |
) |
Other operating expenses |
|
|
|
|
|
|
|
|
|
|
|
|
Selling and administration |
|
|
(111,009 |
) |
|
|
(94,502 |
) |
|
|
(38,351 |
) |
|
|
(243,862 |
) |
Depreciation and amortization |
|
|
(25,151 |
) |
|
|
(33,925 |
) |
|
|
(9,724 |
) |
|
|
(68,800 |
) |
Total other operating expenses |
|
|
(136,160 |
) |
|
|
(128,427 |
) |
|
|
(48,075 |
) |
|
|
(312,662 |
) |
Operating (loss) income |
|
$ |
(120,286 |
) |
|
$ |
114,003 |
|
|
$ |
(2,984 |
) |
|
$ |
(9,267 |
) |
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