Carnival Financial Statements
NYSE: CCLConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Carnival revenue and earnings
In fiscal 2025, Carnival generated $26.62 billion in revenue, up 6.4% from fiscal 2024, its 4th consecutive year of revenue growth. Net income was $2.76 billion (+44.1% year over year), for a net margin of 10.4% versus a median of -50.1% in the prior 5 years. Operating margin was 16.8%.
Diluted earnings per share came in at $2.02, up from $1.44. Over the last 5 fiscal years, CCL's revenue has grown at a 36.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Carnival income statement (annual)
| Fiscal year (USD) | FY 20252025-11-30 | FY 20242024-11-30 | FY 20232023-11-30 | FY 20222022-11-30 | FY 20212021-11-30 | FY 20202020-11-30 | FY 20192019-11-30 | FY 20182018-11-30 | FY 20172017-11-30 | FY 20162016-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.62B | 25.02B | 21.59B | 12.17B | 1.91B | 5.59B | 20.82B | 18.88B | 17.51B | 16.39B |
| Revenue growth (YoY) | +6.40% | +15.88% | +77.46% | +537.74% | -65.90% | -73.13% | +10.30% | +7.83% | +6.84% | +4.30% |
| Cost of Revenue | — | 15.64B | 14.32B | 11.76B | 4.66B | — | 12.91B | 11.09B | 10.50B | 9.38B |
| Gross Profit | — | 9.38B | 7.28B | 411.00M | -2.75B | — | 7.92B | 7.79B | 7.01B | 7.01B |
| Operating Expenses | — | 5.81B | 5.32B | 4.79B | 4.34B | — | 4.64B | 4.47B | 4.20B | 3.94B |
| Selling, General & Admin | 3.40B | 3.25B | 2.95B | 2.52B | 1.89B | 1.88B | 2.48B | 2.45B | 2.27B | 2.20B |
| Operating Income | 4.48B | 3.57B | 1.96B | -4.38B | -7.09B | -8.87B | 3.28B | 3.33B | 2.81B | 3.07B |
| Interest Expense | 1.35B | 1.75B | 2.07B | 1.61B | 1.60B | 895.00M | 206.00M | 194.00M | 198.00M | 223.00M |
| Other Income (Expense) | -4.00M | -1.66B | -2.02B | -1.70B | -2.43B | -1.39B | -215.00M | -118.00M | -143.00M | -243.00M |
| Pretax Income | 2.77B | 1.92B | -62.00M | -6.08B | -9.52B | -10.25B | 3.06B | 3.21B | 2.67B | 2.83B |
| Income Tax | 12.00M | -1.00M | 13.00M | 14.00M | -21.00M | -17.00M | 71.00M | 54.00M | 60.00M | -49.00M |
| Net Income | 2.76B | 1.92B | -74.00M | -6.09B | -9.50B | -10.24B | 2.99B | 3.15B | 2.61B | 2.78B |
| Net Income growth (YoY) | +44.05% | — | — | — | — | -442.34% | -5.14% | +20.95% | -6.23% | +58.17% |
| EPS (Basic) | 2.10 | 1.50 | -0.06 | -5.16 | -8.46 | -13.20 | 4.34 | 4.45 | 3.61 | 3.73 |
| EPS (Diluted) | 2.02 | 1.44 | -0.06 | -5.16 | -8.46 | -13.20 | 4.32 | 4.44 | 3.59 | 3.72 |
| Shares Outstanding (Basic) | 1.31B | 1.27B | 1.26B | 1.18B | 1.12B | 775.00M | 690.00M | 709.00M | 722.00M | 745.00M |
| Shares Outstanding (Diluted) | 1.40B | 1.40B | 1.26B | 1.18B | 1.12B | 775.00M | 692.00M | 710.00M | 725.00M | 747.00M |
| EBITDA | 7.27B | 6.13B | 4.33B | -2.10B | -4.86B | -6.62B | 5.44B | 5.34B | 4.66B | 4.81B |
| Gross Margin | — | 37.50% | 33.70% | 3.38% | -143.97% | — | 38.01% | 41.27% | 40.03% | 42.75% |
| Operating Margin | 16.84% | 14.28% | 9.06% | -35.99% | -371.54% | -158.45% | 15.73% | 17.61% | 16.04% | 18.74% |
| Net Margin | 10.37% | 7.66% | -34.00% | -50.07% | -497.96% | -182.95% | 14.36% | 16.69% | 14.88% | 16.96% |
This table shows 10 annual periods of Carnival's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CCL's reporting calendar. What is a income statement?