Viking Holdings Operating Margin Growth & History (VIK)
Viking Holdings's operating margin was 23.10% for fiscal 2025.
View full Viking Holdings company overviewViking Holdings annual operating margin history
2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.10% | +2.94 pp |
| 2024 | 2024-12-31 | 20.16% | +2.83 pp |
| 2023 | 2023-12-31 | 17.32% | +15.35 pp |
| 2022 | 2022-12-31 | 1.98% | — |
Viking Holdings quarterly operating margin
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 29.40% | +0.38 pp |
| Q1 2026 | 2026-03-31 | 1.14% | +2.18 pp |
| Q4 2025 | 2025-12-31 | 20.91% | +3.80 pp |
| Q3 2025 | 2025-09-30 | 30.24% | +1.11 pp |
| Q2 2025 | 2025-06-30 | 29.01% | +2.15 pp |
| Q1 2025 | 2025-03-31 | −1.03% | +8.87 pp |
| Q4 2024 | 2024-12-31 | 17.11% | — |
| Q3 2024 | 2024-09-30 | 29.13% | — |
| Q2 2024 | 2024-06-30 | 26.86% | — |
| Q1 2024 | 2024-03-31 | −9.90% | — |
Viking Holdings operating margin trends
Between the periods ended 2022-12-31 and 2025-12-31, Viking Holdings's operating margin increased from 1.98% to 23.10%, a change of +21.12 percentage points. The latest reported quarter, Q2 2026, shows 29.40%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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