Earnings
Home›Earnings›Results›Viking Holdings revenue and EPS beat expectations in Q…
Viking Holdings revenue and EPS beat expectations in Q2 2026
Q2 revenue rose 16.5% year over year to $2.19 billion, and adjusted EBITDA increased 18.2% to $748.4 million, while booking strength for 2026 and 2027 supported the outlook.
Viking Holdings reported Q2 2026 results that topped expectations, even as the shares initially fell after the release. According to MarketBeat Ratings, the stock turned down just over 1% following an opening pop, reflecting sharp early trading activity.
The company said revenue increased 16.5% year over year to $2.19 billion, and adjusted EBITDA rose 18.2% to $748.4 million. Adjusted earnings per share came in at $1.31, beating the $1.26 consensus, while net leverage was 1.2x as of June 30, 2026.
Management pointed to ongoing execution of its long-term strategy and brand strength. The report also highlighted cruise demand, with Viking selling 96% of capacity passenger cruise days for core 2026 products as of Aug. 9.
Bookings added further support, with advanced bookings for 2026 at $6.39 billion, up 13% year over year, and advanced bookings per passenger cruise day at $833, up 6%. For 2027, Viking sold 53% of capacity passenger cruise days, with advanced bookings of $4.71 billion, up 21%, and $958 per passenger cruise day, up 10% year over year.