FINHUB Insights

CCL · Q3 FY25 · Aug 31, 2025

Carnival Q3 FY25: where the revenue came from and where it went

Carnival Q3 FY25: revenue $8.2B (+3% year over year). Net profit $1.9B. Largest cohort Cruise Passenger Ticket $5.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Aug 31, 2025
Reported
Sep 29, 2025 10-Q
Sankey diagram of Carnival's income statement for Q3 FY25: revenue of $8.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$8.2B +3% year over year
Gross profit$3.8B 46% margin
Operating profit$2.3B 28% margin
Net profit$1.9B 23% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Aug 31, 2025).
ItemValueShare of revenueYear over year
Revenue 8.2 100% +3%
Cruise Passenger Ticket 5.4 66% +4%
Cruise Onboard and Other 2.7 33% +2%
Cost of revenue−4.454%
Gross profit3.846% margin+1pp
SG&A−0.810%+0pp
Other−0.79%+0pp
Operating profit2.328% margin+0pp
Interest & other costs−0.4
Net profit1.923%+1pp
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