Carnival Earnings Warning as Oil Shock Tests Cruise Demand
Are Carnival Earnings strong enough to offset oil volatility and geopolitical risk just as cruise demand finally normalizes? Maik Kemper Editor in Chief How are analysts positioned on…
Carnival Corporation Ltd., a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally. The company operates through four segments: North America Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations and islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company offers its services under the AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn brands. It sells its cruises through travel agents,…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q 2026 May 2026 | — | — | — | $0.39 | — | — | — |
| Q 2026 Feb 2026 | $6.17B | — | $258.0M | $0.19 | — | 36.1% | 9.8% |
| Q 2025 Nov 2025 | $6.33B | — | $422.0M | $0.31 | — | 38.3% | 11.6% |
| Q 2025 Aug 2025 | $8.15B | — | $1.85B | $1.33 | — | 46.2% | 27.9% |
| Q 2025 May 2025 | $6.33B | — | $565.0M | $0.42 | — | 38.6% | 14.8% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Are Carnival Earnings strong enough to offset oil volatility and geopolitical risk just as cruise demand finally normalizes? Maik Kemper Editor in Chief How are analysts positioned on…