Carnival said consolidated operating income for the quarter ended February 28, 2026 was $607 million, an increase of $64 million from $543 million in the same quarter of 2025.

1. 01

   Carnival said consolidated operating income for the quarter ended February 28, 2026 was $607 million, an increase of $64 million from $543 million in the same quarter of 2025.

2. 02

   The company said passenger ticket revenues for the 2026 quarter were $191 million, up 5.0% to $4.0 billion, and onboard and other revenues were $164 million, up 8.3% to $2.1 billion.

3. 03

   Carnival said net cash flows from operating activities for the 3 months ended February 28, 2026 were $1.3 billion, with net income of $263 million compared to a net loss of $75 million in the same period of the prior year.

4. 04

   The company said liquidity as of February 28, 2026 was $5.9 billion and undrawn export credit facilities were $10.9 billion. It added that S-4 became effective on February 27, 2026.

Key figures

Quarter ended February 28, 2026

Revenue

$6.2B

Operating income

$607M

Net income

$258M

EPS

$0.19

Operating cash flow

$1.3B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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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