Carnival Corp Ltd. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Nov 30, 2025 was North America at $17.6 billion, 66% of the total. By sales mix, the largest line in fiscal 2025, which ended Nov 30, 2025 was Cruise Passenger Ticket at $17.4 billion, 65% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Aug 31, 2026
|
FY 2025
Nov 30, 2025
|
FY 2024
Nov 30, 2024
|
FY 2023
Nov 30, 2023
|
FY 2022
Nov 30, 2022
|
FY 2021
Nov 30, 2021
|
FY 2020
Nov 30, 2020
|
FY 2019
Nov 30, 2019
|
FY 2018
Nov 30, 2018
|
FY 2017
Nov 30, 2017
|
FY 2016
Nov 30, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
27,593
|
26,622
|
25,021
|
21,593
|
12,168
|
1,908
|
5,595
|
20,825
|
18,881
|
17,510
|
16,389
|
| Operating segments | |||||||||||
| North America |
18,109
+4.1%
share 65.6%
|
17,604
+4.8%
share 66.1%
|
16,802
+15.2%
share 67.2%
|
14,588
share 67.6%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Europe |
8,872
+6.8%
share 32.2%
|
8,467
+9.8%
share 31.8%
|
7,710
+18.0%
share 30.8%
|
6,535
+85.1%
share 30.3%
|
3,531
+395.9%
share 29.0%
|
712
-60.2%
share 37.3%
|
1,790
-73.1%
share 32.0%
|
6,650
+6.5%
share 31.9%
|
6,243
+9.5%
share 33.1%
|
5,703
share 32.6%
|
—
|
| Cruise |
358
+23.4%
share 1.3%
|
309
+21.2%
share 1.2%
|
255
+23.8%
share 1.0%
|
206
+20.5%
share 1.0%
|
171
+307.1%
share 1.4%
|
42
-38.2%
share 2.2%
|
68
-60.7%
share 1.2%
|
173
+34.1%
share 0.8%
|
129
+0.0%
share 0.7%
|
129
share 0.7%
|
—
|
| Tour And Other |
253
+3.3%
share 0.9%
|
241
-5.5%
share 0.9%
|
255
-3.8%
share 1.0%
|
265
+43.2%
share 1.2%
|
185
+302.2%
share 1.5%
|
46
-58.2%
share 2.4%
|
110
-71.8%
share 2.0%
|
390
share 1.9%
|
—
|
—
|
—
|
| Sales mix | |||||||||||
| Cruise Passenger Ticket |
17,878
+3.8%
share 64.8%
|
17,419
+5.8%
share 65.4%
|
16,463
+17.0%
share 65.8%
|
14,067
+100.3%
share 65.1%
|
7,022
+602.2%
share 57.7%
|
1,000
-72.9%
share 52.4%
|
3,684
-73.9%
share 65.8%
|
14,104
+1.2%
share 67.7%
|
13,930
+7.6%
share 73.8%
|
12,944
share 73.9%
|
—
|
| Cruise Onboard And Other |
9,715
+7.8%
share 35.2%
|
9,202
+7.5%
share 34.6%
|
8,558
+13.7%
share 34.2%
|
7,526
+46.2%
share 34.9%
|
5,147
+466.9%
share 42.3%
|
908
-52.5%
share 47.6%
|
1,910
-71.6%
share 34.1%
|
6,721
+43.6%
share 32.3%
|
4,679
+8.1%
share 24.8%
|
4,330
share 24.7%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Water Transportation (SIC 4400)
- Listed as
- CCL (NYSE)
- Fiscal year ends
- November 30
- Incorporated in
- Bermuda
- Headquarters
- Miami, FL
- SEC filer status
- Large accelerated filer
- SEC CIK
- 815097
- Former names
- CARNIVAL CORP (until Apr 29, 2026); CARNIVAL CRUISE LINES INC (until Jan 21, 1994)
Other Water Transportation companies
- Royal Caribbean Cruises Ltd RCL
- Viking Holdings Ltd VIK
- Norwegian Cruise Line Holdings Ltd. NCLH
- Kirby Corp KEX
- Matson, Inc. MATX
- International Seaways, Inc. INSW
- Golar LNG Ltd GLNG
- Tidewater Inc TDW
Source: SEC EDGAR filings. This is company-reported data, not investment advice.