CCLCarnival Corporation & plc

$36B

Q4 2025 Earnings

Consumer Cyclical Leisure

Income Statement

Revenue

$6.3B+6.6% YoY

Gross Profit

$1.7B26.7% margin

Operating Income

$734M11.6% margin

Net Income

$422M6.7% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-22.4%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$12M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$51.7B

Total Liabilities

$39.4B

Stockholders' Equity

$12.3B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$5.9B	+6.6%
Gross Profit	$1.7B	$2.1B	-19.6%
Operating Income	$734M	$561M	+30.8%
Net Income	$422M	$303M	+39.3%

Revenue Segments

Tour And Other

$4.1B64%

Cruise

$2.3B36%

Geographic Segments

Europe Australia And Asia Cruise Brands

$2.3B100%

CCL Q4 2025 Earnings — Carnival Corporation & plc Revenue & Financial Results | Market Cap Arena