Viking Holdings reported second quarter 2026 revenue of $2.2 billion, up 16.5% year over year, with adjusted EBITDA of $748 million, up 18.2%. Net income was $588 million, an improvement of $148 million year over year, and adjusted EPS was $1.31, up 33%. The company said 2026 advanced bookings reached $6.4 billion, 13% higher year over year with 96% of capacity booked, while 2027 advanced bookings were $4.7 billion, 21% higher with 53% of capacity booked. Management noted historically low water levels on European rivers have impacted more than 50% of River capacity passenger cruise days in the third quarter, with 10% to 12% of those cruises canceled, and the financial impact of vouchers issued to affected guests will extend into 2027 and 2028. The company maintained its goal of mid-single-digit yield growth for 2027 despite the disruptions.
Viking Holdings LtdRecord revenue and earnings beat expectations, with strong bookings and raised guidance.
