VIK revenueFY2025$6.50B
- FY YoY
- +21.9%
VIK revenue was $6.50B for fiscal 2025 (ended Dec 31, 2025), up 21.9% from fiscal 2024. It rose in each of the last 3 fiscal years.
Viking Holdings Ltd (VIK) financials
For fiscal 2025 (ended Dec 31, 2025), Viking Holdings Ltd reported $6.50B of revenue and $1.15B of net income.
- Revenue, FY2025
- $6.50B
- Revenue growth, YoY
- +21.9%
- Net income, FY2025
- $1.15B
- Net income growth, YoY
- +653.3%
- Net margin
- 17.7%
- EPS, diluted, FY2025
- $2.57
- EPS growth, YoY
- +613.9%
- Cash
- $3.80B
- Total debt
- $5.50B
- P/E
- 33.98
- P/S
- 6.00
- Market cap
- $39.00B
FY2022FY2025
FY2022FY2025
VIK revenue and earnings growth
VIK net incomeFY2025$1.15B
- FY YoY
- +653.3%
VIK net income was $1.15B for fiscal 2025 (ended Dec 31, 2025), up 653.3% from fiscal 2024.
VIK EPSFY2025$2.57
- FY YoY
- +613.9%
VIK diluted EPS was $2.57 for fiscal 2025 (ended Dec 31, 2025), up 613.9% from fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue | $6.50B | $5.33B | $4.71B | $3.18B |
| Cost of revenue | $3.68B | $3.11B | $2.85B | $2.15B |
| Gross profit | $2.82B | $2.22B | $1.86B | $1.02B |
| Selling, general and admin | $1.03B | $883.89M | $789.04M | $682.81M |
| Operating income | $1.50B | $1.08B | $815.95M | $62.75M |
| Interest expense | $362.57M | $380.49M | $528.06M | $438.94M |
| Pre-tax income | $1.17B | $169.83M | -$1.84B | $423.58M |
| Income tax | $19.65M | $16.86M | $6.64M | $8.90M |
| Net income | $1.15B | $152.33M | -$1.85B | $414.72M |
| EPS, basic | $2.59 | $0.36 | -$4.42 | $1.11 |
| EPS, diluted | $2.57 | $0.36 | -$4.42 | -$0.73 |
| Diluted shares | 446.4M | 366.7M | 221.9M | 406.2M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Cash and equivalents | $3.80B | $2.49B | $1.51B | $1.25B |
| Receivables | $142.04M | $239.02M | $344.75M | - |
| Inventory | $95.78M | $91.47M | $54.60M | - |
| Current assets | $4.50B | $3.22B | $2.35B | - |
| Goodwill | $8.00M | $8.00M | $8.00M | - |
| Total assets | $12.23B | $10.12B | $8.58B | - |
| Current liabilities | $5.72B | $5.22B | $4.36B | - |
| Short-term debt | $374.61M | $469.77M | $253.02M | - |
| Long-term debt | $5.13B | $4.87B | - | - |
| Total debt | $5.50B | $5.34B | $2.01B | - |
| Total liabilities | $11.11B | $10.34B | $13.85B | - |
| Shareholders' equity | $1.09B | -$222.73M | -$5.27B | -$3.42B |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Operating cash flow | $2.56B | $2.08B | $1.37B | $372.67M |
| Investing cash flow | -$949.48M | -$853.71M | -$634.23M | -$841.50M |
| Financing cash flow | -$305.96M | -$247.90M | -$479.65M | -$80.93M |
| Dividends paid | $0 | $18.23M | $49.29M | $46.46M |
| Stock-based compensation | $88.52M | $14.11M | $17.91M | $25.26M |
| Depreciation and amortization | $284.79M | $260.84M | $253.72M | $278.06M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|
| Revenue growth, YoY | 21.9% | 13.2% | 48.3% | - |
| Net income growth, YoY | 653.3% | - | - | - |
| EPS growth, YoY | 613.9% | - | - | - |
| Gross margin | 43.3% | 41.6% | 39.5% | 32.2% |
| Operating margin | 23.1% | 20.2% | 17.3% | 2.0% |
| Net margin | 17.7% | 2.9% | -39.3% | 13.1% |
| Return on equity | 104.9% | - | - | - |
| Return on assets | 9.4% | 1.5% | -21.6% | - |
| Current ratio | 0.79 | 0.62 | 0.54 | - |
| Debt to equity | 5.03 | - | - | - |
Income statement
| Line item | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|
| Net income | $103.53M | $379.74M | $159.77M | -$490.70M |
Balance sheet
| Line item | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|
| Cash and equivalents | $2.49B | - | - | - |
| Receivables | $239.02M | - | - | - |
| Inventory | $91.47M | - | - | - |
| Current assets | $3.22B | - | - | - |
| Goodwill | $8.00M | - | - | - |
| Total assets | $10.12B | - | - | - |
| Current liabilities | $5.22B | - | - | - |
| Short-term debt | $469.77M | - | - | - |
| Long-term debt | $4.87B | - | - | - |
| Total debt | $5.34B | - | - | - |
| Total liabilities | $10.34B | - | - | - |
| Shareholders' equity | -$222.73M | - | - | - |
Cash flow
| Line item | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 |
|---|---|---|---|---|
| Operating cash flow | $370.52M | $828.67M | $419.79M | $463.03M |
| Depreciation and amortization | $71.84M | $61.68M | $61.77M | $65.54M |
Key ratios
Source: XBRL data Viking Holdings Ltd files with the SEC, latest filing dated Mar 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
VIK peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| VIK | $6.50B | +21.9% | $1.15B | 17.7% | $39.00B |
| GD | $56.52B | +9.7% | $4.66B | 8.2% | $95.67B |
| RCL | $19.13B | +9.7% | $4.55B | 23.8% | $87.50B |
| CCL | $27.59B | +5.2% | $3.14B | 11.4% | $39.77B |
| BIP | $23.10B | +9.8% | $2.53B | 11.0% | $18.06B |
| HII | $13.53B | +12.6% | $733.00M | 5.4% | $11.38B |
| FRO | $1.97B | -8.8% | $379.08M | 19.2% | $10.11B |
| NCLH | $10.16B | +4.9% | $832.94M | 8.2% | $8.23B |
| KEX | $3.60B | +8.5% | $373.55M | 10.4% | $6.39B |
VIK FAQ
8 questionsWhat is VIK revenue?
Viking Holdings Ltd (VIK) reported $6.50B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 21.9% from the year before.Is VIK profitable?
Yes. Viking Holdings Ltd earned $1.15B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 17.7%.How much cash and debt does VIK have?
Viking Holdings Ltd reported $3.80B in cash and cash equivalents and $5.50B of debt on its most recent balance sheet in SEC filings.How fast is VIK revenue growing?
Viking Holdings Ltd's revenue changed +21.9% in fiscal 2025, to $6.50B.What is VIK gross margin?
Viking Holdings Ltd's gross profit was $2.82B on $6.50B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 43.3%.What is VIK earnings per share?
Diluted earnings per share were $2.57 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did VIK last report financial results?
The latest statements here come from Viking Holdings Ltd's 20-F filed on Mar 3, 2026, covering the period ended Dec 31, 2025.Where does this VIK financial data come from?
Quantisnow builds these statements from the structured XBRL data Viking Holdings Ltd files with the SEC. It is provided for information only and is not investment advice.