Carnival (CCL) Revenue — Quarter Ended May 31, 2025
Revenue for the quarter increased compared to the immediately preceding quarter. It also rose compared to the same quarter one year earlier.
Key takeaway
Quarter ended May 31, 2025 · FY2025 Q2
Revenue for the quarter increased compared to the immediately preceding quarter. It also rose compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.3B
Revenue reported for this quarter.
Quarter-over-quarter
+8.9%
Change from the immediately preceding quarter.
Year-over-year
+9.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$26B
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, 2024 | $7.9B | +15.2% |
| Nov 30, 2024 | $5.9B | +10.0% |
| Feb 28, 2025 | $5.8B | +7.5% |
| May 31, 2025 | $6.3B | +9.5% |
Revenue performance
Both passenger ticket revenue and onboard and other revenue were higher than the prior-year quarter.
Quarterly comparison
Revenue grew from the prior quarter and from the same quarter last year, continuing an upward trend.
What to watch
Operating income improved compared to the prior-year quarter, while fuel expenses declined.