CCL · Q1 FY26 · Dec 1, 2025 – Feb 28, 2026
Carnival Q1 FY26: where the revenue came from and where it went
Carnival Q1 FY26: revenue $6.2B (+6% year over year). Net profit $0.26B. Largest cohort Cruise passenger ticket $4.0B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Dec 1, 2025 – Feb 28, 2026
- Reported
- Mar 27, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$6.17B
+6% year over year
Gross profit$1.53B
25% margin
Operating profit$0.61B
10% margin
Net profit$0.26B
4% margin
The numbers
| 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 | +0pp |
| Interest & other costs | −0.35 | ||
| Net profit | 0.26 | 4% | +6pp |
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