Viking Holdings Q2 Revenue Up 18 Percent
Viking Holdings(NYSE:VIK) reported second-quarter 2025 earnings on August 19, 2025, achieving 18.5% year-over-year revenue growth to $1.9 billion, an adjusted EBITDA increase of 28.5% to $633 million, net income of $439 million, up nearly $280 million from Q2 2024. Core cruise capacity expanded 8.8% this year and 96% of 2025 cruises are already sold, while 55% of 2026 capacity is booked at higher rates as of August 10. The call detailed new product launches in India, continued fleet investment, and robust operating leverage as advanced bookings and margin expansion supported a strong long-term outlook.
The company added the Viking Vesta to its ocean fleet in June, expanded Nile vessels to seven as of the quarter, with five more planned by 2027, and announced completely sold-out river cruises in India launching in 2027-2028. Viking’s river fleet now numbers 85 vessels globally, controlling or having priority access to 110 docking locations, and the company operates 12 identical ocean ships and two expedition vessels.
Control of key global docking infrastructure and a standardized ship platform enable Viking Holdings to efficiently scale capacity, sustain premium yields, and erect high barriers to new entrants in both river and ocean cruise segments.
Source Fool.com
Viking Therapeutics Inc Stock
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