FINHUB Insights

CCL · Q2 FY25 · Mar 1 – May 31, 2025

Carnival Q2 FY25: where the revenue came from and where it went

Carnival Q2 FY25: revenue $6.3B (+9% year over year). Net profit $0.6B. Largest cohort Cruise Passenger Ticket $4.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 1 – May 31, 2025
Reported
Jun 26, 2025 10-Q
Sankey diagram of Carnival's income statement for Q2 FY25: revenue of $6.3 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.3B +9% year over year
Gross profit$2.4B 39% margin
Operating profit$0.9B 15% margin
Net profit$0.6B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends May 31, 2025).
ItemValueShare of revenueYear over year
Revenue 6.3 100% +9%
Cruise Passenger Ticket 4.1 65% +9%
Cruise Onboard and Other 2.2 35% +10%
Cost of revenue−3.962%
Gross profit2.439% margin+4pp
SG&A−0.813%−1pp
Other−0.711%+0pp
Operating profit0.915% margin+5pp
Interest & other costs−0.3
Net profit0.69%+7pp
Filing on EDGAR More quarters of CCL

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters