Carnival Corporation & plc recently released its 10-Q report, providing a detailed insight into its financial condition and operations. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It offers services under various brands such as AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn. The company sells its cruises through various channels including travel agents, tour operators, and websites. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.
In the 10-Q report, Carnival Corporation & plc highlighted various factors that may affect its future results. These include geopolitical uncertainty, incidents concerning its ships, changes in and non-compliance with laws and regulations, climate change, cybersecurity incidents, fuel prices, and competition in the cruise industry. The company also emphasized the impact of known trends and uncertainties, such as the volatility in the cost of fuel and increasing focus on the reduction of greenhouse gas emissions.
The report also provided statistical information for the three months ended August 31, 2025, and compared it to the same period in 2024. Key figures included Passenger Cruise Days, Available Lower Berth Days, occupancy percentage, passengers carried, and fuel consumption. The report also detailed the financial performance, highlighting that consolidated passenger ticket revenues increased by 3.6% to $5.4 billion in 2025, driven by higher ticket prices and favorable foreign currency translation impact.
Operating expenses increased by 1.9% to $4.4 billion in 2025, with higher onboard and other cost of sales, cruise payroll and related expenses, and port expenses. However, these increases were partially offset by a decrease in fuel prices and consumption. The report also provided a breakdown of the financial performance for the North America and Europe segments, including changes in passenger ticket revenues, onboard and other revenues, and operating expenses.
Following these announcements, the company's shares moved 0.46%, and are now trading at a price of $30.62. For the full picture, make sure to review CARNIVAL CORP's 10-Q report.