CARNIVAL CORP (CCL)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Aug-312025-May-312025-Feb-282024-Nov-302024-Aug-312024-May-312024-Feb-292023-Nov-302023-Aug-312023-May-312023-Feb-282022-Nov-302022-Aug-312022-May-312022-Feb-282021-Nov-302021-Aug-312021-May-312021-Feb-282020-Nov-302020-Aug-312020-May-312020-Feb-292019-Nov-302019-Aug-312019-May-312019-Feb-282018-Nov-302018-Aug-312018-May-312018-Feb-282017-Nov-302017-Aug-312017-May-312017-Feb-282016-Aug-312016-May-312016-Feb-292015-Nov-302015-Aug-312015-May-312015-Feb-282014-Nov-302014-Aug-312014-May-312014-Feb-282013-Nov-30
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014Q4-FY2013
Total Revenue8,153,000,000$6,328,000,000$5,810,000,000$5,938,000,000$7,896,000,000$5,781,000,000$5,406,000,000$5,396,000,000$6,854,000,000$4,911,000,000$4,432,000,000$3,839,000,000$4,305,000,000$2,401,000,000$1,623,000,000$1,287,000,000$546,000,000$50,000,000$26,000,000$34,000,000$31,000,000$740,000,000$4,789,000,000$4,782,000,000$6,533,000,000$4,838,000,000$4,673,000,000$4,456,000,000$5,836,000,000$4,357,000,000$4,232,000,000$4,259,000,000$5,515,000,000$3,945,000,000$3,791,000,000$3,935,000,000$5,097,000,000$3,705,000,000$3,651,000,000$3,711,000,000$4,883,000,000$
QoQ%28.84%8.92%(2.16%)(24.80%)36.59%6.94%.19%(21.27%)39.56%10.81%15.45%(10.83%)79.30%47.94%26.11%135.71%992.00%92.31%(23.53%)9.68%(95.81%)(84.55%).15%(26.80%)35.04%3.53%4.87%(23.65%)33.95%2.95%(.63%)(22.77%)39.80%4.06%(3.66%)(22.80%)37.57%1.48%(1.62%)(24.00%)
YoY%3.26%9.46%7.47%10.04%15.20%17.72%21.98%40.56%59.21%104.54%173.08%198.29%688.46%4,702.00%6,142.31%3,685.29%1,661.29%(93.24%)(99.46%)(99.29%)(99.53%)(84.70%)2.48%7.32%11.94%11.04%10.42%4.63%5.82%10.44%11.63%8.23%8.20%6.48%3.84%6.04%4.38%
Cost Of Revenue4,385,000,000$3,886,000,000$3,766,000,000$3,833,000,000$4,303,000,000$3,798,000,000$3,705,000,000$3,629,000,000$3,921,000,000$3,457,000,000$3,311,000,000$3,665,000,000$3,379,000,000$2,683,000,000$2,030,000,000$1,823,000,000$1,616,000,000$681,000,000$535,000,000$0$1,549,000,000$2,484,000,000$3,523,000,000$0$3,532,000,000$3,159,000,000$3,142,000,000$2,741,000,000$2,958,000,000$2,681,000,000$2,709,000,000$2,617,000,000$3,013,000,000$2,436,000,000$2,435,000,000$2,319,000,000$2,563,000,000$2,258,000,000$2,243,000,000$2,218,000,000$2,490,000,000$2,404,000,000$2,335,000,000$2,498,000,000$2,760,000,000$2,572,000,000$2,592,000,000$2,642,000,000$
Gross Profit3,768,000,000$2,442,000,000$2,044,000,000$2,105,000,000$3,593,000,000$1,983,000,000$1,701,000,000$1,767,000,000$2,933,000,000$1,454,000,000$1,121,000,000$174,000,000$926,000,000$(282,000,000$)(407,000,000$)(536,000,000$)(1,070,000,000$)(631,000,000$)(509,000,000$)34,000,000$(1,518,000,000$)(1,744,000,000$)1,266,000,000$4,782,000,000$3,001,000,000$1,679,000,000$1,531,000,000$1,715,000,000$2,878,000,000$1,676,000,000$1,523,000,000$1,642,000,000$2,502,000,000$1,509,000,000$1,356,000,000$1,616,000,000$2,534,000,000$1,447,000,000$1,408,000,000$1,493,000,000$2,393,000,000$(2,404,000,000$)(2,335,000,000$)(2,498,000,000$)(2,760,000,000$)(2,572,000,000$)(2,592,000,000$)(2,642,000,000$)
Gross Margin46.22%38.59%35.18%35.45%45.50%34.30%31.47%32.75%42.79%29.61%25.29%4.53%21.51%(11.75%)(25.08%)(41.65%)(195.97%)(1,262.00%)(1,957.69%)100.00%(4,896.77%)(235.68%)26.44%100.00%45.94%34.70%32.76%38.49%49.32%38.47%35.99%38.55%45.37%38.25%35.77%41.07%49.72%39.06%38.57%40.23%49.01%
Operating Expenses1,497,000,000$1,508,000,000$1,501,000,000$1,544,000,000$1,415,000,000$1,423,000,000$1,425,000,000$1,383,000,000$1,309,000,000$1,334,000,000$1,293,000,000$1,309,000,000$1,205,000,000$1,191,000,000$1,084,000,000$1,357,000,000$987,000,000$985,000,000$1,015,000,000$1,676,000,000$815,000,000$2,433,000,000$1,979,000,000$4,297,000,000$1,111,000,000$1,164,000,000$1,145,000,000$1,162,000,000$1,084,000,000$1,117,000,000$1,104,000,000$1,094,000,000$1,109,000,000$1,009,000,000$988,000,000$1,019,000,000$972,000,000$969,000,000$974,000,000$983,000,000$883,000,000$(2,693,000,000$)(2,601,000,000$)(2,764,000,000$)(4,052,000,000$)(2,719,000,000$)(2,659,000,000$)(2,722,000,000$)
Operating Income2,271,000,000$934,000,000$543,000,000$561,000,000$2,178,000,000$560,000,000$276,000,000$384,000,000$1,624,000,000$120,000,000$(172,000,000$)(1,135,000,000$)(279,000,000$)(1,473,000,000$)(1,491,000,000$)(1,893,000,000$)(2,057,000,000$)(1,616,000,000$)(1,524,000,000$)(1,642,000,000$)(2,333,000,000$)(4,177,000,000$)(713,000,000$)485,000,000$1,890,000,000$515,000,000$386,000,000$553,000,000$1,794,000,000$559,000,000$419,000,000$548,000,000$1,393,000,000$500,000,000$368,000,000$597,000,000$1,562,000,000$478,000,000$434,000,000$510,000,000$1,510,000,000$289,000,000$266,000,000$266,000,000$1,292,000,000$147,000,000$67,000,000$80,000,000$
Operating Margin27.86%14.76%9.35%9.45%27.58%9.69%5.11%7.12%23.69%2.44%(3.88%)(29.57%)(6.48%)(61.35%)(91.87%)(147.09%)(376.74%)(3,232.00%)(5,861.54%)(4,829.41%)(7,525.81%)(564.46%)(14.89%)10.14%28.93%10.65%8.26%12.41%30.74%12.83%9.90%12.87%25.26%12.67%9.71%15.17%30.65%12.90%11.89%13.74%30.92%
Interest Income15,000,000$12,000,000$7,000,000$16,000,000$19,000,000$25,000,000$33,000,000$50,000,000$59,000,000$69,000,000$56,000,000$40,000,000$24,000,000$6,000,000$3,000,000$2,000,000$3,000,000$4,000,000$3,000,000$3,000,000$3,000,000$6,000,000$5,000,000$7,000,000$8,000,000$5,000,000$4,000,000$4,000,000$5,000,000$3,000,000$3,000,000$2,000,000$3,000,000$2,000,000$2,000,000$1,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$2,000,000$4,000,000$
Interest Expenses471,000,000$466,000,000$518,000,000$542,000,000$539,000,000$448,000,000$422,000,000$370,000,000$368,000,000$348,000,000$418,000,000$437,000,000$398,000,000$348,000,000$310,000,000$182,000,000$55,000,000$49,000,000$52,000,000$54,000,000$51,000,000$47,000,000$49,000,000$49,000,000$48,000,000$48,000,000$49,000,000$50,000,000$51,000,000$55,000,000$61,000,000$57,000,000$52,000,000$50,000,000$53,000,000$57,000,000$57,000,000$75,000,000$69,000,000$72,000,000$72,000,000$82,000,000$
Income Before Tax1,857,000,000$582,000,000$(71,000,000$)289,000,000$1,743,000,000$96,000,000$(214,000,000$)(39,000,000$)1,065,000,000$(402,000,000$)(686,000,000$)(1,602,000,000$)(759,000,000$)(1,831,000,000$)(1,888,000,000$)(2,624,000,000$)(2,859,000,000$)(2,060,000,000$)(1,979,000,000$)(2,237,000,000$)(2,861,000,000$)(4,385,000,000$)(770,000,000$)436,000,000$1,827,000,000$459,000,000$338,000,000$508,000,000$1,744,000,000$564,000,000$390,000,000$560,000,000$1,368,000,000$384,000,000$354,000,000$613,000,000$1,465,000,000$607,000,000$143,000,000$271,000,000$1,250,000,000$226,000,000$52,000,000$(96,000,000$)1,241,000,000$99,000,000$(19,000,000$)34,000,000$
Tax Expenses6,000,000$17,000,000$7,000,000$(14,000,000$)8,000,000$5,000,000$10,000,000$(9,000,000$)5,000,000$7,000,000$(3,000,000$)11,000,000$3,000,000$3,000,000$(4,000,000$)(23,000,000$)12,000,000$(6,000,000$)(15,000,000$)(2,000,000$)(11,000,000$)11,000,000$15,000,000$47,000,000$8,000,000$2,000,000$14,000,000$37,000,000$3,000,000$0$14,000,000$39,000,000$5,000,000$2,000,000$(93,000,000$)41,000,000$2,000,000$1,000,000$1,000,000$34,000,000$4,000,000$3,000,000$7,000,000$0$1,000,000$1,000,000$(9,000,000$)
Net Income1,852,000,000$565,000,000$(78,000,000$)303,000,000$1,735,000,000$92,000,000$(214,000,000$)(48,000,000$)1,074,000,000$(407,000,000$)(693,000,000$)(1,598,000,000$)(770,000,000$)(1,834,000,000$)(1,891,000,000$)(2,620,000,000$)(2,836,000,000$)(2,072,000,000$)(1,973,000,000$)(2,222,000,000$)(2,858,000,000$)(4,374,000,000$)(781,000,000$)423,000,000$1,780,000,000$451,000,000$336,000,000$493,000,000$1,707,000,000$561,000,000$391,000,000$546,000,000$1,329,000,000$379,000,000$352,000,000$608,000,000$1,424,000,000$605,000,000$142,000,000$270,000,000$1,216,000,000$222,000,000$49,000,000$(103,000,000$)1,241,000,000$98,000,000$(20,000,000$)43,000,000$
Profit Margin22.72%8.93%(1.34%)5.10%21.97%1.59%(3.96%)(.89%)15.67%(8.29%)(15.64%)(41.63%)(17.89%)(76.39%)(116.51%)(203.57%)(519.41%)(4,144.00%)(7,588.46%)(6,535.29%)(9,219.36%)(591.08%)(16.31%)8.85%27.25%9.32%7.19%11.06%29.25%12.88%9.24%12.82%24.10%9.61%9.29%15.45%27.94%16.33%3.89%7.28%24.90%
TTM10.07%9.72%8.07%7.66%6.39%3.86%1.80%(.34%)(8.11%)(19.83%)(32.68%)(50.07%)(73.99%)(156.75%)(268.65%)(497.70%)(1,387.65%)(6,471.63%)(1,375.09%)(182.96%)(73.39%)(17.53%)8.94%14.36%14.93%15.08%16.03%16.69%17.15%15.40%14.74%14.88%15.52%16.48%18.08%16.96%15.10%14.00%
Earnings to Minority(18,000,000$)(17,000,000$)(20,000,000$)(25,000,000$)(24,000,000$)
Earnings to Common Shareholders1,870,000,000$582,000,000$(78,000,000$)323,000,000$1,760,000,000$92,000,000$(214,000,000$)(48,000,000$)1,098,000,000$(407,000,000$)(693,000,000$)(1,598,000,000$)(770,000,000$)(1,834,000,000$)(1,891,000,000$)(2,620,000,000$)(2,836,000,000$)(2,072,000,000$)(1,973,000,000$)(2,222,000,000$)(2,858,000,000$)(4,374,000,000$)(781,000,000$)423,000,000$1,780,000,000$451,000,000$336,000,000$493,000,000$1,707,000,000$561,000,000$391,000,000$546,000,000$1,329,000,000$379,000,000$352,000,000$608,000,000$1,424,000,000$605,000,000$142,000,000$270,000,000$1,216,000,000$222,000,000$49,000,000$(103,000,000$)1,241,000,000$98,000,000$(20,000,000$)43,000,000$
QoQ%221.31%846.15%(124.15%)(81.65%)1,813.04%142.99%(345.83%)(104.37%)369.78%41.27%56.63%(107.53%)58.02%3.01%27.82%7.62%(36.87%)(5.02%)11.21%22.25%34.66%(460.05%)(284.63%)(76.24%)294.68%34.23%(31.85%)(71.12%)204.28%43.48%(28.39%)(58.92%)250.66%7.67%(42.11%)(57.30%)135.37%326.06%(47.41%)(77.80%)447.75%353.06%147.57%(108.30%)1,166.33%590.00%(146.51%)(95.40%)
YoY%6.25%532.61%63.55%772.92%60.29%122.60%69.12%97.00%242.60%77.81%63.35%39.01%72.85%11.49%4.16%(17.91%).77%52.63%(152.63%)(625.30%)(260.56%)(1,069.85%)(332.44%)(14.20%)4.28%(19.61%)(14.07%)(9.71%)28.44%48.02%11.08%(10.20%)(6.67%)(37.36%)147.89%125.19%17.11%172.52%189.80%362.14%(2.02%)126.53%345.00%(339.54%)32.87%139.02%(154.05%)(53.76%)
Earnings Per Share, Basic1.42$0.44$(0.06$)0.25$1.39$0.07$(0.17$)(0.04$)0.87$(0.32$)(0.55$)(1.27$)(0.65$)(1.61$)(1.66$)(2.31$)(2.50$)(1.83$)(1.80$)(2.42$)(3.69$)(6.07$)(1.14$)0.62$2.58$0.65$0.48$0.71$2.42$0.79$0.55$0.76$1.84$0.52$0.49$0.84$1.93$0.81$0.19$0.35$1.56$0.29$0.06$(0.13$)1.60$0.13$(0.03$)0.06$
Earnings Per Share, Diluted1.33$0.42$(0.06$)0.19$1.26$0.07$(0.17$)(0.04$)0.79$(0.32$)(0.55$)(1.27$)(0.65$)(1.61$)(1.66$)(2.31$)(2.50$)(1.83$)(1.80$)(2.42$)(3.69$)(6.07$)(1.14$)0.61$2.58$0.65$0.48$0.71$2.41$0.78$0.54$0.76$1.83$0.52$0.48$0.84$1.93$0.80$0.18$0.35$1.56$0.28$0.06$(0.13$)1.60$0.13$(0.03$)0.06$
Unlevered FCF Per Share, Basic0.56$1.17$0.24$0.25$0.50$0.57$(0.29$)0.20$0.79$0.35$(0.55$)(1.03$)(0.74$)(0.43$)(3.47$)(0.76$)(1.63$)(1.54$)(2.99$)(3.67$)(3.97$)(4.25$)(0.60$)(1.34$)1.19$1.68$(1.46$)0.21$1.08$0.55$0.68$0.53$1.40$0.65$0.72$0.52$1.33$0.33$0.61$0.50$1.23$1.38$(0.22$)(0.35$)0.99$0.28$0.16$0.18$
Unlevered FCF Per Share, Diluted0.52$1.10$0.24$0.19$0.45$0.57$(0.29$)0.22$0.71$0.35$(0.55$)(1.03$)(0.74$)(0.43$)(3.47$)(0.76$)(1.63$)(1.54$)(2.99$)(3.67$)(3.97$)(4.25$)(0.60$)(1.34$)1.18$1.68$(1.46$)0.21$1.08$0.55$0.68$0.52$1.39$0.65$0.71$0.52$1.32$0.33$0.61$0.50$1.23$1.38$(0.22$)(0.34$)0.99$0.28$0.16$0.18$
Average Shares, Basic1,313,000,0001,312,000,0001,309,000,0001,298,000,0001,267,000,0001,267,000,0001,264,000,0001,262,000,0001,263,000,0001,263,000,0001,260,000,0001,258,000,0001,185,000,0001,140,000,0001,137,000,0001,132,000,0001,133,000,0001,132,000,0001,095,000,000920,000,000775,000,000721,000,000684,000,000687,000,000689,000,000691,000,000693,000,000699,000,000706,000,000714,000,000717,000,000716,000,000723,000,000724,000,000725,000,000726,000,000737,000,000751,000,000766,000,000775,000,000778,000,000778,000,000777,000,000776,000,000776,000,000776,000,000776,000,000774,000,000
Average Shares, Diluted1,402,000,0001,400,000,0001,309,000,0001,658,000,0001,399,000,0001,271,000,0001,264,000,0001,129,000,0001,396,000,0001,263,000,0001,260,000,0001,258,000,0001,185,000,0001,140,000,0001,137,000,0001,132,000,0001,133,000,0001,132,000,0001,095,000,000920,000,000775,000,000721,000,000684,000,000689,000,000691,000,000693,000,000695,000,000699,000,000707,000,000715,000,000719,000,000719,000,000726,000,000727,000,000728,000,000727,000,000739,000,000753,000,000769,000,000776,000,000781,000,000780,000,000779,000,000780,000,000778,000,000778,000,000776,000,000776,000,000
EBIT1,857,000,000$582,000,000$(71,000,000$)289,000,000$1,743,000,000$96,000,000$257,000,000$427,000,000$1,583,000,000$140,000,000$(147,000,000$)(1,154,000,000$)(337,000,000$)(1,461,000,000$)(1,520,000,000$)(2,276,000,000$)(2,441,000,000$)(1,623,000,000$)(1,581,000,000$)(1,889,000,000$)(2,551,000,000$)(4,203,000,000$)(715,000,000$)485,000,000$1,879,000,000$513,000,000$389,000,000$555,000,000$1,793,000,000$613,000,000$438,000,000$608,000,000$1,417,000,000$434,000,000$405,000,000$668,000,000$1,526,000,000$664,000,000$195,000,000$321,000,000$1,303,000,000$283,000,000$109,000,000$(21,000,000$)1,310,000,000$171,000,000$53,000,000$116,000,000$
EBITDA2,574,000,000$1,274,000,000$583,000,000$948,000,000$2,394,000,000$730,000,000$870,000,000$1,023,000,000$2,179,000,000$737,000,000$435,000,000$(586,000,000$)244,000,000$(889,000,000$)(966,000,000$)(1,724,000,000$)(1,879,000,000$)(1,056,000,000$)(1,029,000,000$)(1,346,000,000$)(2,000,000,000$)(3,626,000,000$)(145,000,000$)1,038,000,000$2,427,000,000$1,055,000,000$905,000,000$1,062,000,000$2,304,000,000$1,125,000,000$926,000,000$1,086,000,000$1,890,000,000$890,000,000$844,000,000$1,103,000,000$1,969,000,000$1,101,000,000$618,000,000$741,000,000$1,702,000,000$689,000,000$510,000,000$387,000,000$1,724,000,000$581,000,000$458,000,000$520,000,000$