Carnival revenue and financials
$26.58Change from previous close: +3.99%Absolute change: +$1.02
In the fiscal year ended November 2025, Carnival reported revenue of $26.62B (+6.40% year over year). Net income was $2.76B, a net margin of 10.4%.
Fiscal year ending in November. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +6.40%
- FY to Nov 2025 vs FY to Nov 2024
- Net income growth
- +44.05%
- FY to Nov 2025 vs FY to Nov 2024
- Net margin
- 10.4%
- FY to Nov 2024: 7.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q to May 2026 | Q to Feb 2026 | Q to Nov 2025 | Q to Aug 2025 | Q to May 2025 |
|---|---|---|---|---|---|
| Total assets | 52,228 | 51,567 | 51,687 | 50,831 | 51,165 |
| Current assets | 4,492 | 3,716 | 4,219 | 3,868 | 4,349 |
| Cash and equivalents | 2,243 | 1,424 | 1,928 | 1,763 | 2,146 |
| Receivables | 633 | 663 | 678 | 651 | 569 |
| Inventory | 552 | 510 | 505 | 475 | 476 |
| Net property, plant and equipment | 44,876 | 44,995 | 44,822 | 44,241 | 44,116 |
| Goodwill | 579 | 579 | 579 | 579 | 579 |
| Other intangible assets | 1,181 | 1,181 | 1,177 | 1,181 | 1,178 |
| Current liabilities | 13,434 | 12,420 | 13,092 | 11,436 | 12,920 |
| Accounts payable | 1,246 | 1,242 | 1,245 | 1,173 | 1,198 |
| Long-term debt | 23,418 | 23,788 | 24,037 | 25,064 | 25,862 |
| Total debt | 26,170 | 26,607 | 27,993 | 27,860 | 28,648 |
| Total liabilities | 39,245 | 38,518 | 39,403 | 38,903 | 41,157 |
| Total equity (incl. minority) | 12,983 | 13,049 | 12,284 | 11,928 | 10,008 |
| Retained earnings | 4,996 | 4,733 | 4,817 | 4,395 | 2,543 |
| Minority interest | 16.0 | 18.0 | — | — | — |