Companies / CCL

Carnival Corp Ltd. (CCL) financials and KPIs

Carnival Corp Ltd. reported revenue of $26.62B for fiscal 2025, up 6.4% from fiscal 2024. Net income was $2.76B and free cash flow was $2.61B.

Annual results

Fiscal year20182019202320242025
Revenue$18.88B$20.82B$21.59B$25.02B$26.62B
Operating income$3.33B$3.28B$1.96B$3.57B$4.48B
Net income$3.15B$2.99B-$74.00M$1.92B$2.76B
Cash from operations$5.55B$5.47B$4.28B$5.92B$6.22B
Free cash flow$1.80B$46.00M$997.00M$1.30B$2.61B

Quarterly results

Fiscal quarterQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$5.94B$5.81B$6.33B$8.15B$6.33B$6.17B$6.66B$8.44B
Net income$303.00M-$78.00M$565.00M$1.85B$422.00M$263.00M$539.00M$1.92B
Diluted EPS$0.23-$0.06$0.42$1.33—$0.19$0.39$1.40

Operating KPIs

As Carnival Corp Ltd. reports them, quarter by quarter.

Fiscal quarterQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Passenger Cruise Days24,600,00024,300,00025,300,00027,500,00024,600,00024,400,00025,700,00027,900,000

Sources

Figures come from Carnival Corp Ltd.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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