Carnival
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Q2 FY26 Mar 1 – May 31, 2026
The numbers behind the diagram
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.7 | 100% | +5% |
| Cruise passenger ticket | 4.3 | 64% | +4% |
| Cruise onboard & other | 2.4 | 36% | +7% |
| Cost of revenue | −4.9 | 74% | |
| Gross profit | 1.7 | 26% margin | −13pp |
| SG&A | −0.9 | 13% | +0pp |
| Operating profit | 0.9 | 13% margin | −2pp |
| Interest & other costs | −0.3 | ||
| Net profit | 0.5 | 8% margin | −1pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.17 | 100% | +6% |
| Cruise passenger ticket | 4.02 | 65% | +5% |
| Cruise onboard & other | 2.14 | 35% | +8% |
| Cost of revenue | −4.63 | 75% | |
| Gross profit | 1.53 | 25% margin | −10pp |
| SG&A | −0.92 | 15% | +0pp |
| Operating profit | 0.61 | 10% margin | |
| Interest & other costs | −0.35 | ||
| Net profit | 0.26 | 4% margin | +6pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.33 | 100% | +7% |
| Cruise passenger ticket | 4.05 | 64% | +5% |
| Cruise onboard & other | 2.28 | 36% | +9% |
| Cost of revenue | −4.64 | 73% | |
| Gross profit | 1.69 | 27% margin | −9pp |
| SG&A | −0.96 | 15% | +0pp |
| Operating profit | 0.74 | 12% margin | +2pp |
| Interest & other costs | −0.31 | ||
| Net profit | 0.42 | 7% margin | +2pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 8.2 | 100% | +3% |
| Cruise passenger ticket | 5.4 | 67% | +4% |
| Cruise onboard & other | 2.7 | 33% | +2% |
| Cost of revenue | −4.4 | 54% | |
| Gross profit | 3.8 | 46% margin | +1pp |
| SG&A | −0.8 | 9% | +0pp |
| Other | −0.7 | 9% | +0pp |
| Operating profit | 2.3 | 28% margin | +0pp |
| Interest & other costs | −0.4 | ||
| Net profit | 1.9 | 23% margin | +1pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 6.3 | 100% | +9% |
| Cruise passenger ticket | 4.1 | 65% | +9% |
| Cruise onboard & other | 2.2 | 35% | +10% |
| Cost of revenue | −3.9 | 61% | |
| Gross profit | 2.4 | 39% margin | +4pp |
| SG&A | −0.8 | 13% | −1pp |
| Other | −0.7 | 11% | +0pp |
| Operating profit | 0.9 | 15% margin | +5pp |
| Interest & other costs | −0.4 | ||
| Net profit | 0.6 | 9% margin | +7pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.81 | 100% | +7% |
| Cruise passenger ticket | 3.83 | 66% | +6% |
| Cruise onboard & other | 1.98 | 34% | +11% |
| Cost of revenue | −3.77 | 65% | |
| Gross profit | 2.04 | 35% margin | +4pp |
| SG&A | −0.85 | 15% | +0pp |
| Other | −0.65 | 11% | +0pp |
| Operating profit | 0.54 | 9% margin | +4pp |
| Interest & other costs | −0.62 | ||
| Net profit | −0.08 | −1% margin | +3pp |
Financial health
The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.
The balance sheet, capital flow, debt schedule and capital structure open with a free account.
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
| Quarter | Period | Reported | Revenue | Year over year | Operating margin | Net profit | Net margin |
|---|---|---|---|---|---|---|---|
| Q2 FY26 Mar 1 – May 31, 2026 reported Jun 26, 2026 Operating margin 13% Net profit $0.54B | Mar 1 – May 31, 2026 | Jun 26, 2026 | $6.66B | +5% | 13% | $0.54B | 8% |
| Q1 FY26 Dec 1, 2025 – Feb 28, 2026 reported Mar 27, 2026 Operating margin 10% Net profit $0.26B | Dec 1, 2025 – Feb 28, 2026 | Mar 27, 2026 | $6.17B | +6% | 10% | $0.26B | 4% |
| Q4 FY25 Sep 1 – Nov 30, 2025 reported Jan 27, 2026 Operating margin 12% Net profit $0.42B | Sep 1 – Nov 30, 2025 | Jan 27, 2026 | $6.33B | +7% | 12% | $0.42B | 7% |
| Q3 FY25 Jun 1 – Aug 31, 2025 reported Sep 29, 2025 Operating margin 28% Net profit $1.85B | Jun 1 – Aug 31, 2025 | Sep 29, 2025 | $8.15B | +3% | 28% | $1.85B | 23% |
| Q2 FY25 Mar 1 – May 31, 2025 reported Jun 26, 2025 Operating margin 15% Net profit $0.57B | Mar 1 – May 31, 2025 | Jun 26, 2025 | $6.33B | +9% | 15% | $0.57B | 9% |
| Q1 FY25 Dec 1, 2024 – Feb 28, 2025 reported Mar 25, 2025 Operating margin 9% Net profit −$0.08B | Dec 1, 2024 – Feb 28, 2025 | Mar 25, 2025 | $5.81B | +7% | 9% | −$0.08B | −1% |
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