Carnival Corporation (CCL) FY2025 Annual P&L / Income Statement
2024-12-01 to 2025-11-30
Revenue by Business Segment
2024-12-01 to 2025-11-30
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Carnival Corporation (CCL) FY2025 Annual P&L / Income Statement
Income statement for 2024-12-01 through 2025-11-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total Revenues
- 26,622,000,000 US dollars
- Operating costs, including other operating expenses (calculated)
- 22,139,000,000 US dollars
- Operating Income
- 4,483,000,000 US dollars
- Other income (expense), net (calculated)
- negative 1,711,000,000 US dollars
- Income (Loss) Before Income Taxes
- 2,772,000,000 US dollars
- Income tax benefit (expense), net
- 12,000,000 US dollars
- Net Income (Loss)
- 2,760,000,000 US dollars
- North America
- 17,604,000,000 US dollars
- Europe
- 8,467,000,000 US dollars
- Cruise Support
- 309,000,000 US dollars
- Tour and Other
- 241,000,000 US dollars
- Undisclosed (calculated)
- 1,000,000 US dollars
- Onboard and other
- 2,816,000,000 US dollars
- Payroll and related
- 2,589,000,000 US dollars
- Other operating
- 3,904,000,000 US dollars
- Commissions, transportation and other
- 3,331,000,000 US dollars
- Food
- 1,499,000,000 US dollars
- Fuel
- 1,808,000,000 US dollars
- Selling and administrative expense
- 3,402,000,000 US dollars
- Depreciation and amortization expense
- 2,790,000,000 US dollars
Chart connections
- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

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Operating margin
16.8%
Operating profit / revenue
Cash conversion
225.3%
Operating cash / net income, same period
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