CARNIVAL CORP
For the period ended Nov 30, 2025. Filed Jan 27, 2026.
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FY2025 · Filed Jan 27, 2026
CCL$30.74-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF INCOME (LOSS)
(in millions, except per share data)
| Years Ended November 30, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Passenger ticket | $17,419 | $16,463 | $14,067 |
| Onboard and other | 9,202 | 8,558 | 7,526 |
| Total Revenues | 26,622 | 25,021 | 21,593 |
| Cruise and tour operating expenses: | |||
| Commissions, transportation and other | 3,331 | 3,232 | 2,761 |
| Onboard and other | 2,816 | 2,678 | 2,375 |
| Payroll and related | 2,589 | 2,464 | 2,373 |
| Fuel | 1,808 | 2,007 | 2,047 |
| Food | 1,499 | 1,457 | 1,335 |
| Other operating | 3,904 | 3,801 | 3,426 |
| Total Cruise and tour operating expenses | 15,947 | 15,638 | 14,317 |
| Selling and administrative expense | 3,402 | 3,252 | 2,950 |
| Depreciation and amortization expense | 2,790 | 2,557 | 2,370 |
| Operating Income | 4,483 | 3,574 | 1,956 |
| Interest income | 51 | 93 | 233 |
| Interest expense, net of capitalized interest | (1,349) | (1,755) | (2,066) |
| Debt extinguishment and modification costs | (409) | (79) | (111) |
| Other income (expense), net | (4) | 83 | (75) |
| Income (Loss) Before Income Taxes | 2,772 | 1,915 | (62) |
| Income tax benefit (expense), net | (12) | 1 | (13) |
| Net Income (Loss) | $2,760 | $1,916 | $(74) |
| Earnings Per Share | |||
| Basic | $2.10 | $1.50 | $(0.06) |
| Diluted | $2.02 | $1.44 | $(0.06) |
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