The company said it reported net income of $1,852 million for Q3 2025 (ended August 31), with diluted EPS of $1.33. It said adjusted net income was $1,982 million, or adjusted EPS of $1.43.

1. 01

   The company said it reported net income of $1,852 million for Q3 2025 (ended August 31), with diluted EPS of $1.33. It said adjusted net income was $1,982 million, or adjusted EPS of $1.43.

2. 02

   Carnival said it posted record total revenues of $8,153 million for Q3, with net yields (in constant currency) up 4.6% from Q3 2024. The company also said it beat its outlook for June by 1.1 points.

3. 03

   The company said it raised its adjusted net income outlook for 2025 for the third time this year. It expects full-year adjusted net income to rise about 55% from last year and to beat its June outlook by $235 million. It also expects adjusted EBITDA of about $7.05 billion.

4. 04

   Carnival Corporation said on September 29, 2025 that it issued a notice to redeem all of its 5.75% convertible senior notes due 2027. The redemption date is December 5, 2025. The company said that if all the notes are converted, it will pay $500 million in cash and settle the remainder in common stock.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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