Norwegian Air Shuttle ASA (NWARF)

OTCMKTS · Delayed Price · Currency is USD
1.580
-0.090 (-5.39%)
May 27, 2026, 11:52 AM EST
Market Cap1.89B +50.9%
Revenue (ttm)3.73B +6.6%
Net Income262.48M +99.9%
EPS0.25 +107.4%
Shares Out n/a
PE Ratio7.21
Forward PE8.87
Dividendn/a
Ex-Dividend Daten/a
Volume2,900
Open1.750
Previous Close1.670
Day's Range1.580 - 1.750
52-Week Range1.150 - 1.950
Beta0.87
Analystsn/a
Price Targetn/a
Earnings DateJul 14, 2026

About Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership, as well as cargo and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway. [Read more]

Industry Airlines
Founded 1993
Employees 7,672
Stock Exchange OTCMKTS
Ticker Symbol NWARF

Financial Performance

In 2025, Norwegian Air Shuttle ASA's revenue was 37.65 billion, an increase of 6.60% compared to the previous year's 35.32 billion. Earnings were 2.65 billion, an increase of 118.14%.

Financial numbers in NOK Financial Statements

News

Norwegian Air Shuttle ASA Earnings Call Transcript: Q1 2026

EBIT loss narrowed significantly year-over-year, with record load factors and strong cash flow. Bookings and yields are ahead of last year, supported by cost initiatives and robust demand for European routes. Ongoing fuel price volatility and labor negotiations remain key risks.

4 weeks ago - Transcripts

Norwegian Air Shuttle ASA Quarterly report: Q1 2026

Norwegian Air Shuttle ASA has published its Q1 2026 quarterly earnings report on April 28, 2026.

4 weeks ago - Filings

Norwegian Air Shuttle ASA Slides: Q1 2026

Norwegian Air Shuttle ASA has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 28, 2026.

4 weeks ago - Filings

Norwegian Air Shuttle upgraded to Buy from Hold at Pareto

Pareto upgraded Norwegian Air Shuttle (NWARF) to Buy from Hold with a NOK 17 price target

6 weeks ago - TheFly

Norwegian Air Shuttle ASA Earnings Call Transcript: Q4 2025

Record EBIT and strong margins were achieved in 2025, with robust passenger growth, improved load factors, and a solid liquidity position. Capacity and profitability are set to rise in 2026, supported by fleet expansion, cost control, and new distribution initiatives.

3 months ago - Transcripts

Norwegian Air Shuttle ASA Annual report: Q4 2025

Norwegian Air Shuttle ASA has published its Q4 2025 annual report on February 13, 2026.

3 months ago - Filings

Norwegian Air Shuttle ASA Quarterly report: Q4 2025

Norwegian Air Shuttle ASA has published its Q4 2025 quarterly earnings report on February 13, 2026.

3 months ago - Filings

Norwegian Air Shuttle ASA Slides: Q4 2025

Norwegian Air Shuttle ASA has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 13, 2026.

3 months ago - Filings

Norwegian Air Shuttle downgraded to Hold from Buy at Danske Bank

Danske Bank analyst Tomas Helgo downgraded Norwegian Air Shuttle (NWARF) to Hold from Buy with an NOK 18 price target

5 months ago - TheFly

Norwegian Air Shuttle ASA Earnings Call Transcript: Q3 2025

Record EBITDA and net profit driven by strong passenger growth, cost control, and fleet renewal. Dividend initiated, balance sheet strengthened, and capacity aligned for winter. Program X and synergies with Widerøe support future profitability despite rising regulatory costs.

7 months ago - Transcripts

Norwegian Air Shuttle ASA Quarterly report: Q3 2025

Norwegian Air Shuttle ASA has published its Q3 2025 quarterly earnings report on October 22, 2025.

7 months ago - Filings

Norwegian Air Shuttle ASA Slides: Q3 2025

Norwegian Air Shuttle ASA has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 22, 2025.

7 months ago - Filings

Norwegian Air to buy an additional 30 Boeing 737 aircraft

Norwegian Air Shuttle said on Friday it had exercised an option to buy an additional 30 Boeing 737 MAX 8, bringing its total firm order to 80 aircraft.

8 months ago - Reuters

Norwegian Air Shuttle ASA Earnings Call Transcript: Q2 2025

Q2 2025 saw record profitability, strong revenue growth, and the first-ever dividend, driven by higher yields, increased load factors, and successful integration of Widerøe. Liquidity and balance sheet strength support ongoing growth, with cost initiatives and market share gains positioning the group for continued success.

11 months ago - Transcripts

Norwegian Air Shuttle ASA Quarterly report: Q2 2025

Norwegian Air Shuttle ASA has published its Q2 2025 quarterly earnings report on July 11, 2025.

11 months ago - Filings

Norwegian Air Shuttle ASA Slides: Q2 2025

Norwegian Air Shuttle ASA has posted slides in relation to its Q2 2025 quarterly earnings report, which was published on July 11, 2025.

11 months ago - Filings

Norwegian Air beats expectations, to pay first dividend

Budget airline Norwegian Air reported second-quarter earnings above market expectations on Friday and said it would pay a dividend for the first time in its 23-year history, sending its shares up near...

11 months ago - Reuters

Norway converts part of loan to 6% stake in Norwegian Air

Norway said on Monday it is converting half of a rescue loan to Norwegian Air during the COVID-19 pandemic into a 6.37% stake in the carrier.

1 year ago - Reuters

Norwegian Air Shuttle ASA Earnings Call Transcript: Q1 2025

Q1 2025 saw a seasonal EBIT loss, but strong liquidity, cost reductions from aircraft acquisitions, and robust summer bookings. Passenger growth and improved load factors were reported, with Program X targeting NOK 1 billion+ profit improvement by 2026.

1 year ago - Transcripts

Norwegian Air Shuttle ASA Quarterly report: Q1 2025

Norwegian Air Shuttle ASA has published its Q1 2025 quarterly earnings report on May 8, 2025.

1 year ago - Filings

Norwegian Air Shuttle ASA Slides: Q1 2025

Norwegian Air Shuttle ASA has posted slides in relation to its Q1 2025 quarterly earnings report, which was published on May 8, 2025.

1 year ago - Filings

Norwegian Air cuts capacity forecast due to delayed Boeing deliveries, shares drop

Budget airline Norwegian Air reported a smaller-than-expected operating loss for the first quarter but cut its annual capacity guidance, sending its shares around 7% lower on Thursday.

1 year ago - Reuters

Norwegian Air Shuttle ASA Earnings Call Transcript: Q4 2024

Q4 revenue rose 39% year-over-year to NOK 8.2 billion, driven by the Widerøe acquisition and capacity growth. Full-year EBIT reached NOK 1.873 billion, with strong cash and liquidity. Program X aims to boost profitability and synergies in 2025.

1 year ago - Transcripts

Norwegian Air Shuttle ASA Annual report: Q4 2024

Norwegian Air Shuttle ASA has published its Q4 2024 annual report on February 13, 2025.

1 year ago - Filings

Norwegian Air Shuttle ASA Quarterly report: Q4 2024

Norwegian Air Shuttle ASA has published its Q4 2024 quarterly earnings report on February 13, 2025.

1 year ago - Filings