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Carnival Corporation income statement

In fiscal 2025, Carnival Corporation reported revenue of $26.62bn, up 6.4% on the year before, operating income of $4.48bn (a 16.8% margin) and net income of $2.76bn, or $2.02 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2007Nov 20072008Nov 20082009Nov 20092014Nov 20142015Nov 20152016Nov 20162017Nov 20172018Nov 20182019Nov 20192020Nov 20202021Nov 20212022Nov 20222023Nov 20232024Nov 20242025Nov 2025LTMAug 2026
Revenue13.014.613.215.915.716.417.518.920.85.61.912.221.625.026.627.6
Cost of revenue7.69.38.410.49.49.410.511.112.9—4.711.814.315.6——
Gross profit5.45.34.85.56.37.07.07.87.9—−2.70.47.39.4——
Selling, general and administrative1.61.61.62.12.12.22.32.52.51.91.92.53.03.33.43.6
Operating income2.72.72.21.82.63.12.83.33.3−8.9−7.1−4.42.03.64.54.4
Interest expense0.40.40.40.30.20.20.20.20.20.91.61.62.11.81.31.2
Income before tax2.42.41.81.21.82.82.73.23.1−10.3−9.5−6.1−0.11.92.83.2
Income tax0.00.00.00.00.0−0.00.10.10.1−0.0−0.00.00.0−0.00.00.0
Net income2.42.31.81.21.82.82.63.23.0−10.2−9.5−6.1−0.11.92.83.1
Diluted EPS$2.95$2.90$2.24$1.56$2.26$3.72$3.59$4.44$4.32−$13.20−$8.46−$5.16−$0.06$1.44$2.02$2.22
Diluted shares (average)—816m804m778m779m747m725m710m692m775,000m1,123m1,180m1,262m1,398m1,402m1,411m
EBITDA3.84.03.53.44.24.84.75.35.4−6.6−4.9−2.14.36.17.37.3

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Carnival Corporation's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Carnival Corporation.