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Carnival

Carnival (NYSE: CCL) net income

Carnival reported a net profit of $2,760m for fiscal 2025, 44.1% more than in fiscal 2024 ($1,916m). Its net margin was 10.4%. Earnings per share were $2.10.

Net income, in millions of US dollars2,77920162,60620173,15220182,9902019-10,2362020-9,5012021-6,0932022-74.020231,91620242,7602025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$2,760m+44.1%10.4%$2.10
2024$1,916m—7.7%$1.50
2023−$74.0m—−0.3%−$0.06
2022−$6,093m—−50.1%−$5.16
2021−$9,501m—−498.0%−$8.46
2020−$10,236m−442.3%−182.9%−$13.20
2019$2,990m−5.1%14.4%$4.34
2018$3,152m+21.0%16.7%$4.45
2017$2,606m−6.2%14.9%$3.61
2016$2,779m—17.0%$3.73

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of Carnival

How much did Carnival earn in fiscal 2025?
Carnival reported a net profit of $2,760m for fiscal 2025. In fiscal 2024 it reported a net profit of $1,916m.
What are the earnings per share of Carnival?
They were $2.10 in fiscal 2025, compared with $1.50 in fiscal 2024.
What is the net margin of Carnival?
In fiscal 2025 its net profit was 10.4% of its revenue.
What was the most profitable year for Carnival?
Of its last 10 fiscal years, fiscal 2018, with $3,152m.
Where do the figures for Carnival come from?
From the annual report (Form 10-K) that Carnival files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that Carnival files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Carnival: the Carnival page · annual accounts · revenue · insider transactions.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.