Carnival Corporation
CCL Consumer Cyclical Travel Services
Carnival Corporation’s revenue for fiscal 2025 (year ended November 2025) was $26.6 billion, up 6.40% from fiscal 2024. In the quarter to August 2026, revenue grew 3.46%, EPS was flat, free cash flow fell 3.26% and total debt fell 9.70%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years, operating cash flow growth for five.
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Carnival Corporation (CCL) Net income
Carnival Corporation's net income for fiscal 2025 was $2.8B, up 44.1% from $1.9B in fiscal 2024. Over the twelve months to 31 August 2026 it was $3.1B. Over the past ten years it has ranged from −$10.2B (fiscal 2020) to $3.2B (fiscal 2018); the current reading is higher than 73% of that period. Net income has risen for 5 consecutive fiscal years. Carnival Corporation ranks 4th of 18 Travel Services companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $2.8B | 44.05% |
| FY2024 | $1.9B | — |
| FY2023 | −$74.0M | — |
| FY2022 | −$6.1B | — |
| FY2021 | −$9.5B | — |
| FY2020 | −$10.2B | — |
| FY2019 | $3.0B | (5.14%) |
| FY2018 | $3.2B | 20.95% |
| FY2017 | $2.6B | (6.23%) |
| FY2016 | $2.8B | 58.17% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Aug 2026 | $1.9B | 257.62% |
| May 2026 | $538.0M | 104.56% |
| Feb 2026 | $263.0M | (36.17%) |
| Nov 2025 | $412.0M | (77.78%) |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| BKNG Booking Holdings Inc. compare | $7.2B |
| TCOM Trip.com Group Limited Sponsored ADR compare | $4.8B |
| RCL Royal Caribbean Cruises Ltd. compare | $4.4B |
| CCL Carnival Corporation | $3.1B |
| ABNB Airbnb, Inc. compare | $2.7B |
| EXPE Expedia Group, Inc. compare | $2.0B |
| VIK Viking Holdings Ltd. compare | $1.3B |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | $760.8M |
| MMYT MakeMyTrip Limited compare | $35.0M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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