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Quarterly profits at Viking Holdings rose by more than 28% to reach $633 million amid continuing demand for river and ocean cruises.
More than half of capacity for 2026 is already sold despite 9% more availability than this year as additional ships join the fleet.
Viking reported $3.8 billion of advance bookings for 2026 at August 10, 13% higher than at the same time last year.
The company had $5.6 billion of advance bookings for the 2025 season, 21% higher than last year at the same point.
Revenue for the three months to June 30 was up by 18.5% year on year to $1.8 billion as capacity grew by 8.8% with the addition of three river vessels and one ocean ship. Occupancy for the quarter was 95.6%.
Net profit for the second quarter was $439.2 million compared to $159.8 million for the same period in 2024.
The company announced plans in the period to start operating two river vessels in India in 2027 and 2028.
Chief financial officer Leah Talactac said: “Our positive momentum is reflected by the advance bookings, with 96% of our 2025 capacity of our core products already sold and 55% for 2026.
“Looking ahead, we remain committed to growing our business by adding capacity and providing new experiences such as the recent launch of itineraries in India.
“This approach supports the demand for unique, culturally immersive travel experiences while driving top-line growth and long-term margin expansion.”
Chairman and chief executive Torstein Hagen said: “We delivered another quarter of great results, further underscoring the strength of our business model and of our core guest demographic.
“In the second quarter, our revenue increased 18.5% and our adjusted ebitda increased 28.5% year-over-year, reflecting continued solid demand for our destination-focused travel experiences.”