Carnival Quarterly Cash Flow Statement
NYSE: CCLConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Carnival free cash flow
In the quarter ended Aug 31, 2026, Carnival generated $1.41 billion of operating cash flow and spent $698.0 million on capital expenditures. That left free cash flow of $712.0 million, a free-cash-flow margin of 8.4% of revenue. Free cash flow was down 3.3% from the prior year's $736.0 million.
Carnival returned $752.0 million to shareholders: $204.0 million in dividends and $548.0 million in share repurchases, equal to 106% of free cash flow. Free cash flow covered dividend payments 3.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
Carnival cash flow statement (quarterly)
| Quarter (USD) | Q3 20262026-08-31 | Q2 20262026-05-31 | Q1 20262026-02-28 | Q4 20252025-11-30 | Q3 20252025-08-31 | Q2 20252025-05-31 | Q1 20252025-02-28 | Q4 20242024-11-30 | Q3 20242024-08-31 | Q2 20242024-05-31 | Q1 20242024-02-29 | Q4 20232023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.92B | 539.00M | 263.00M | 422.00M | 1.85B | 568.00M | -75.00M | 303.00M | 1.74B | 92.00M | -214.00M | -48.00M |
| Net Income growth (YoY) | +3.72% | -5.11% | — | +39.27% | +6.86% | +517.39% | — | — | +61.55% | — | — | — |
| Depreciation & Amortization | 754.00M | 723.00M | 696.00M | 726.00M | 717.00M | 692.00M | 654.00M | 659.00M | 651.00M | 634.00M | 613.00M | 596.00M |
| Stock-Based Compensation | 23.00M | 22.00M | 28.00M | 28.00M | 25.00M | 27.00M | 18.00M | 15.00M | 17.00M | 19.00M | 11.00M | 10.00M |
| Change in Working Capital | -1.42B | 1.21B | 121.00M | 195.00M | -1.39B | 1.07B | -19.00M | -124.00M | -1.31B | 1.15B | 1.24B | 310.00M |
| Operating Cash Flow | 1.41B | 2.63B | 1.26B | 1.52B | 1.38B | 2.39B | 925.00M | 911.00M | 1.21B | 2.04B | 1.77B | 922.00M |
| Capital Expenditures | -698.00M | -875.00M | -566.00M | -1.51B | -647.00M | -851.00M | -607.00M | -592.00M | -577.00M | -1.32B | -2.14B | -675.00M |
| Investing Cash Flow | -702.00M | -884.00M | -597.00M | -1.51B | -624.00M | -586.00M | -605.00M | -574.00M | -577.00M | -1.22B | -2.16B | -488.00M |
| Dividends Paid | -204.00M | -206.00M | -208.00M | — | 0 | 0 | 0 | — | — | — | — | — |
| Share Repurchases | -548.00M | — | — | — | 0 | — | — | — | — | — | — | — |
| Financing Cash Flow | -1.73B | -938.00M | -1.17B | 166.00M | -1.14B | -521.00M | -690.00M | -631.00M | -770.00M | -1.42B | 237.00M | -860.00M |
| Net Change in Cash | -1.02B | 804.00M | -501.00M | 167.00M | -380.00M | 1.32B | -376.00M | -311.00M | -126.00M | -605.00M | -162.00M | -435.00M |
| Free Cash Flow | 712.00M | 1.75B | 697.00M | 12.00M | 736.00M | 1.54B | 318.00M | 319.00M | 628.00M | 720.00M | -370.00M | 247.00M |
This table shows 12 quarterly periods of Carnival's cash flow statement, from Q3 2026 back to Q4 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CCL's reporting calendar. What is a cash flow statement?