Record Revenues and Financial Performance
Carnival Corporation achieved record revenues for the eighth consecutive quarter, with EBITDA up 26%, operating income up 67%, and net income more than tripled year-over-year. EBITDA margins were 200 basis points higher than 2019, marking the highest margins in nearly twenty years.
Early Achievement of 2026 Targets
Carnival surpassed its 2026 targets 18 months ahead of schedule, including a 52% increase in EBITDA per ALBD and a 12.5% ROIC. The company also reduced its carbon intensity by 20% compared to 2019.
Strong Customer Deposits and Booking Position
Customer deposits reached an all-time high, with the booking position for 2026 in line with last year's record levels and at historically high prices.
Successful Launch of New Destinations
Carnival is set to open Celebration Key in July 2025 and expand Relax Away Half Moon Cay by mid-2026, enhancing its portfolio of private island destinations.