Carnival Corporation Income Statement

Financials in millions USD. Fiscal year is December - November.

Millions USD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	26,976	26,622	25,021	21,593	12,168	1,908
Revenue Growth (YoY)	6.10%	6.40%	15.88%	77.46%	537.74%	-65.90%
Cost of Revenue	12,088	12,043	11,838	10,891	8,359	2,717
Gross Profit	14,888	14,579	13,183	10,702	3,809	-809
Selling, General & Admin	3,479	3,402	3,252	2,950	2,515	1,885
Depreciation & Amortization Expenses	2,831	2,790	2,557	2,370	2,275	2,233
Other Operating Expenses	4,031	3,904	3,801	3,426	3,398	2,163
Total Operating Expenses	10,341	10,096	9,610	8,746	8,188	6,281
Operating Income	4,547	4,483	3,574	1,956	-4,379	-7,089
Interest Income	56	51	93	233	74	12
Interest Expense	-1,264	-1,349	-1,755	-2,066	-1,609	-1,601
Other Non-Operating Income (Expense)	-217	-413	4	-186	-166	-843
Total Non-Operating Income (Expense)	-1,425	-1,711	-1,658	-2,019	-1,701	-2,433
Pretax Income	3,123	2,772	1,915	-62	-6,080	-9,522
Provision for Income Taxes	22	12	-1	13	14	-21
Net Income	3,102	2,760	1,916	-74	-6,094	-9,501
Minority Interest in Earnings	4	-	-	-	-	-
Net Income to Common	3,102	2,760	1,916	-74	-6,094	-9,501
Net Income Growth	51.02%	44.05%	-	-	-	-
Shares Outstanding (Basic)	1,329	1,312	1,274	1,262	1,180	1,123
Shares Outstanding (Diluted)	1,399	1,402	1,398	1,262	1,180	1,123
Shares Change (YoY)	4.07%	0.29%	10.78%	6.95%	5.08%	44.90%
EPS (Basic)	2.35	2.10	1.50	-0.06	-5.16	-8.46
EPS (Diluted)	2.25	2.02	1.44	-0.06	-5.16	-8.46
EPS Growth	50.00%	40.28%	-	-	-	-
Shares Outstanding	1,385	1,167	1,308	1,264	1,259	1,136
Free Cash Flow	2,986	2,607	1,297	997	-6,610	-7,716
Free Cash Flow Growth	14.54%	101.00%	30.09%	-	-	-
Free Cash Flow Per Share	2.13	1.86	0.93	0.79	-5.60	-6.87
Dividends Per Share	0.150	-	-	-	-	-
Gross Margin	55.19%	54.76%	52.69%	49.56%	31.30%	-42.40%
Operating Margin	16.86%	16.84%	14.28%	9.06%	-35.99%	-371.54%
Profit Margin	11.50%	10.37%	7.66%	-0.35%	-50.08%	-497.96%
FCF Margin	11.07%	9.79%	5.18%	4.62%	-54.32%	-404.40%
EBITDA	7,492	7,389	6,272	4,487	-1,933	-4,684
EBITDA Margin	27.77%	27.76%	25.07%	20.78%	-15.89%	-245.49%
EBIT	4,547	4,483	3,574	1,956	-4,379	-7,089
EBIT Margin	16.86%	16.84%	14.28%	9.06%	-35.99%	-371.54%
Effective Tax Rate	0.70%	0.43%	-0.05%	-20.97%	-0.23%	0.22%

Updated Mar 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q