Form 10-Q · Quarterly report
Carnival Corporation 10-Q, filed Sep 29, 2026
- Filed
- CIK
- 0000815097
- Accession no.
- 0000815097-26-000107
Summary
Carnival Corporation reported third-quarter passenger ticket revenue up 1.8% to $5.5 billion and onboard and other revenue up 6.7% to $2.9 billion, while consolidated operating income fell $52 million to $2.2 billion as higher fuel prices and rising emissions-allowance costs pushed operating expenses up 5.5%. The company said its cost under the EU Emissions Trading System was $91 million in 2025 and is expected to be about $160 million in 2026, when all in-scope emissions become subject to the system.
Key points
- Third-quarter passenger ticket revenue rose 1.8% to $5.5 billion, driven by a 1.5% capacity increase and higher ticket prices, while onboard and other revenue rose 6.7% to $2.9 billion.
- Consolidated operating expenses rose 5.5% to $4.6 billion, with $149 million of the increase attributed to higher fuel prices and $26 million to higher emission allowance costs.
- Consolidated operating income fell $52 million to $2.2 billion, with the North America segment down $41 million and the Europe segment down $37 million to $774 million.
- Interest expense, net of capitalized interest, fell 9.9% to $285 million on lower total debt.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations. Cautionary Note Concerning Factors That May Affect Future Results Some of the statements, estimates or projections contained in this document are “forward-looking statements” that involve risks, uncertainties and assumptions with respect to us, including statements concerning future results, operations, strategy, outlooks, plans, goals, reputation, cash flows, liquidity and other events which have not yet occurred. …
An excerpt of the text as filed with the SEC, cut for length.
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