Carnival (CCL) Revenue — Quarter Ended Aug 31, 2025
The company reported higher revenue for the quarter compared to the prior year. The increase was supported by growth in both passenger ticket sales and onboard spending.
Key takeaway
Quarter ended Aug 31, 2025 · FY2025 Q3
The company reported higher revenue for the quarter compared to the prior year. The increase was supported by growth in both passenger ticket sales and onboard spending.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.2B
Revenue reported for this quarter.
Quarter-over-quarter
+28.8%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$26.2B
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 |
|---|---|---|
| Nov 30, 2024 | $5.9B | +10.0% |
| Feb 28, 2025 | $5.8B | +7.5% |
| May 31, 2025 | $6.3B | +9.5% |
| Aug 31, 2025 | $8.2B | +3.3% |
Revenue performance
Revenue rose from the immediately preceding quarter, reflecting a strong sequential improvement. Compared to the same quarter one year earlier, revenue also increased, though at a more moderate pace.
Quarterly comparison
The sequential revenue growth was substantially larger than the year-over-year increase. This resulted in the reported quarter's revenue being the highest among the recent four quarters.
What to watch
Debt extinguishment and modification costs were notably higher in the quarter compared to the prior year, which may affect net income trends.