Viking Holdings Ltd reported strong financial results for the second quarter ended June 30, 2025, with total revenue increasing by 18.5% to $1,880.4 million compared to the same period in 2024. This growth was driven by increased Capacity Passenger Cruise Days (PCDs), higher occupancy, and elevated revenue per PCD.
The company's net income for Q2 2025 was $439.2 million, a substantial increase from $159.8 million in Q2 2024. Adjusted EBITDA grew by 28.5% year-over-year to $632.9 million, reflecting strong operational performance. Diluted EPS and Adjusted EPS were both $0.99 for the quarter.
Booking trends remained robust, with 96% of Viking's Core Products capacity for the 2025 season already sold and 55% for the 2026 season. Advance Bookings for the 2025 season reached $5,638 million, up 21% from 2024, and for the 2026 season, advance bookings were $3,883 million, up 13% from 2025, with Advance Bookings per PCD up 4% to $866. The company expects to deliver six river vessels during the remainder of 2025.
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