Carnival (CCL) Revenue — Quarter Ended May 31, 2023
Revenue increased in the quarter, supported by gains in both passenger ticket and onboard and other revenue. The improvement reflects higher demand compared to the prior year.
Key takeaway
Quarter ended May 31, 2023 · FY2023 Q2
Revenue increased in the quarter, supported by gains in both passenger ticket and onboard and other revenue. The improvement reflects higher demand compared to the prior year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.9B
Revenue reported for this quarter.
Quarter-over-quarter
+10.8%
Change from the immediately preceding quarter.
Year-over-year
+104.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Aug 31, 2022 | $4.3B | +688.5% |
| Nov 30, 2022 | $3.8B | +198.3% |
| Feb 28, 2023 | $4.4B | +173.1% |
| May 31, 2023 | $4.9B | +104.5% |
Revenue performance
Revenue was higher than in the immediately preceding quarter. Compared to the same quarter one year earlier, revenue also increased.
Quarterly comparison
Revenue rose from the prior quarter, extending the upward trend seen in recent periods. The year-over-year gain was notably larger than the sequential increase.
What to watch
The company's operating result turned positive compared to the same quarter last year, marking a shift from an operating loss.