Carnival Corporation Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.62B | $25.02B | $21.59B | $12.17B | $1.91B | $5.60B | $20.83B | $18.88B |
| Cost of Revenue | — | $15.64B | $14.32B | $11.76B | $4.66B | — | $12.91B | $11.09B |
| Gross Profit | — | $9.38B | $7.28B | $411.0M | $-2.75B | — | $7.92B | $7.79B |
| Gross Margin | — | 37.5% | 33.7% | 3.4% | -144.0% | — | 38.0% | 41.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $3.40B | $3.25B | $2.95B | $2.52B | $1.89B | $1.88B | $2.48B | $2.45B |
| Operating Income | $4.48B | $3.57B | $1.96B | $-4.38B | $-7.09B | $-8.87B | $3.28B | $3.33B |
| Operating Margin | 16.8% | 14.3% | 9.1% | -36.0% | -371.5% | -158.4% | 15.7% | 17.6% |
| Interest Expense | — | — | $2.07B | $1.61B | $1.60B | $895.0M | $206.0M | $194.0M |
| Pretax Income | $2.77B | $1.92B | $-62.0M | $-6.08B | $-9.52B | $-10.25B | $3.06B | $3.21B |
| Income Tax Expense | $12.0M | $-1.0M | $13.0M | $14.0M | $-21.0M | $-17.0M | $71.0M | $54.0M |
| Net Income | $2.76B | $1.92B | $-74.0M | $-6.09B | $-9.50B | $-10.24B | $2.99B | $3.15B |
| Net Margin | 10.4% | 7.7% | -0.3% | -50.1% | -498.0% | -182.9% | 14.4% | 16.7% |
| EPS (Basic) | $2.10 | $1.50 | $-0.06 | $-5.16 | $-8.46 | $-13.20 | $4.34 | $4.45 |
| EPS (Diluted) | $2.02 | $1.44 | $-0.06 | $-5.16 | $-8.46 | $-13.20 | $4.32 | $4.44 |
| Shares Outstanding (Basic) | 1.31B | 1.27B | 1.26B | 1.18B | 1.12B | 775.0M | 690.0M | 709.0M |
| Shares Outstanding (Diluted) | 1.40B | 1.40B | 1.26B | 1.18B | 1.12B | 775.0M | 692.0M | 710.0M |
| Dividends Per Share | — | — | — | — | — | — | — | $1.95 |