Carnival financials
$25.11+13.41%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 May 31 | Q1 '26 Feb 28 | Q4 '25 Nov 30 | Q3 '25 Aug 31 | Q2 '25 May 31 | Q1 '25 Feb 28 | Q4 '24 Nov 30 | Q3 '24 Aug 31 | Q2 '24 May 31 | Q1 '24 Feb 29 | Q4 '23 Nov 30 | Q3 '23 Aug 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.66B | $6.17B | $6.33B | $8.15B | $6.33B | $5.81B | $5.94B | $7.90B | $5.78B | $5.41B | $5.40B | $6.85B |
| Gross profit | $2.44B | $2.23B | $2.42B | $3.77B | $2.44B | $2.04B | $2.10B | $3.59B | $2.92B | $2.56B | $5.40B | $6.85B |
| Gross margin | 36.6% | 36.1% | 38.2% | 46.2% | 38.6% | 35.2% | 35.4% | 45.5% | 50.5% | 47.4% | 100.0% | 100.0% |
| Operating income | $851.0M | $606.0M | $735.0M | $2.27B | $934.0M | $542.0M | $560.0M | $2.18B | $560.0M | $275.0M | $383.0M | $1.62B |
| Net income | $537.0M | $258.0M | $422.0M | $1.85B | $565.0M | -$78.0M | $303.0M | $1.74B | $92.0M | -$214.0M | -$48.0M | $1.07B |
| Net margin | 8.1% | 4.2% | 6.7% | 22.7% | 8.9% | −1.3% | 5.1% | 22.0% | 1.6% | −4.0% | −0.9% | 15.7% |
| Diluted EPS | $0.39 | $0.19 | $0.28 | $1.33 | $0.42 | $-0.06 | $0.18 | $1.26 | $0.07 | $-0.17 | $-0.04 | $0.79 |
| EBITDA | $1.57B | $1.30B | $1.46B | $2.99B | $1.63B | $1.20B | $1.22B | $2.83B | $1.19B | $888.0M | $383.0M | $2.22B |
| Operating cash flow | $2.63B | $1.26B | $1.52B | $1.38B | $2.39B | $925.0M | $910.0M | $1.21B | $2.04B | $1.77B | $921.0M | $1.83B |
| Free cash flow | $1.75B | $698.0M | $12.0M | $736.0M | $1.54B | $318.0M | $318.0M | $628.0M | $720.0M | -$370.0M | $246.0M | $998.0M |
| Diluted shares | 1,388.0M | 1,392.0M | 1,497.0M | 1,402.0M | 1,400.0M | 1,309.0M | 1,658.0M | 1,399.0M | 1,271.0M | 1,264.0M | 1,129.0M | 1,396.0M |
Balance sheet
| Period end | May 31 | Feb 28 | Nov 30 | Aug 31 | May 31 | Feb 28 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.24B | $1.42B | $1.93B | $1.76B | $2.15B | $833.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $24.89B | $25.29B | $26.64B | $26.48B | $27.25B | $27.02B |
| Total assets | $52.23B | $51.57B | $51.69B | $50.83B | $51.16B | $48.53B |
| Total liabilities | $39.24B | $38.52B | $39.40B | $38.90B | $41.16B | $39.35B |
| Shareholders' equity | $12.98B | $13.05B | $12.28B | $11.93B | $10.01B | $9.18B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology