Carnival (CCL) Revenue & Revenue Breakdown

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Carnival Revenue Highlights

Latest Revenue (Y)

$26.62B

Latest Revenue (Q)

$8.15B

Main Segment (Y)

Tour And Other

Main Geography (Y)

Europe Australia And Asia Cruise Brands

Carnival Revenue by Period

Carnival Revenue by Year

Date	Revenue	Change
2025-11-30	$26.62B	6.40%
2024-11-30	$25.02B	15.88%
2023-11-30	$21.59B	77.44%
2022-11-30	$12.17B	537.79%
2021-11-30	$1.91B	-65.89%
2020-11-30	$5.59B	-73.14%
2019-11-30	$20.82B	10.30%
2018-11-30	$18.88B	7.82%
2017-11-30	$17.51B	6.84%
2016-11-30	$16.39B	4.30%
2015-11-30	$15.71B	-1.07%
2014-11-30	$15.88B	2.77%
2013-11-30	$15.46B	0.48%
2012-11-30	$15.38B	-2.60%
2011-11-30	$15.79B	9.15%
2010-11-30	$14.47B	7.50%
2009-11-30	$13.46B	-9.95%
2008-11-30	$14.95B	14.69%
2007-11-30	$13.03B	10.09%
2006-11-30	$11.84B	6.72%
2005-11-30	$11.09B	14.05%
2004-11-30	$9.73B	44.79%
2003-11-30	$6.72B	53.27%
2002-11-30	$4.38B	-3.65%
2001-11-30	$4.55B	19.99%
2000-11-30	$3.79B	8.04%
1999-11-30	$3.51B	16.60%
1998-11-30	$3.01B	22.96%
1997-11-30	$2.45B	10.62%
1996-11-30	$2.21B	10.73%
1995-11-30	$2.00B	-

Carnival generated $26.62B in revenue during NA 2025, up 6.40% compared to the previous quarter, and up 475.90% compared to the same period a year ago.

Carnival Revenue by Quarter

Date	Revenue	Change
2025-08-31	$8.15B	28.84%
2025-05-31	$6.33B	8.92%
2025-02-28	$5.81B	-2.16%
2024-11-30	$5.94B	-24.80%
2024-08-31	$7.90B	36.59%
2024-05-31	$5.78B	6.92%
2024-02-29	$5.41B	0.20%
2023-11-30	$5.40B	-21.27%
2023-08-31	$6.85B	39.56%
2023-05-31	$4.91B	10.78%
2023-02-28	$4.43B	15.47%
2022-11-30	$3.84B	-10.85%
2022-08-31	$4.31B	79.34%
2022-05-31	$2.40B	47.94%
2022-02-28	$1.62B	26.11%
2021-11-30	$1.29B	135.71%
2021-08-31	$546.00M	1014.29%
2021-05-31	$49.00M	88.46%
2021-02-28	$26.00M	-21.21%
2020-11-30	$33.00M	6.45%
2020-08-31	$31.00M	-95.81%
2020-05-31	$740.00M	-84.55%
2020-02-29	$4.79B	0.19%
2019-11-30	$4.78B	-26.82%
2019-08-31	$6.53B	35.06%
2019-05-31	$4.84B	3.51%
2019-02-28	$4.67B	4.87%
2018-11-30	$4.46B	-23.65%
2018-08-31	$5.84B	33.95%
2018-05-31	$4.36B	2.95%
2018-02-28	$4.23B	-0.63%
2017-11-30	$4.26B	-22.77%
2017-08-31	$5.51B	39.80%
2017-05-31	$3.94B	4.06%
2017-02-28	$3.79B	-3.66%
2016-11-30	$3.94B	-22.80%
2016-08-31	$5.10B	37.57%
2016-05-31	$3.71B	1.48%
2016-02-29	$3.65B	-1.62%
2015-11-30	$3.71B	-24.00%
2015-08-31	$4.88B	36.02%
2015-05-31	$3.59B	1.67%
2015-02-28	$3.53B	-5.06%
2014-11-30	$3.72B	-24.82%
2014-08-31	$4.95B	36.17%
2014-05-31	$3.63B	1.34%
2014-02-28	$3.58B	-2.00%
2013-11-30	$3.66B	-22.60%
2013-08-31	$4.73B	35.84%
2013-05-31	$3.48B	-3.17%
2013-02-28	$3.59B	0.42%
2012-11-30	$3.58B	-23.61%
2012-08-31	$4.68B	32.39%
2012-05-31	$3.54B	-1.23%
2012-02-29	$3.58B	-3.11%
2011-11-30	$3.70B	-26.91%
2011-08-31	$5.06B	39.72%
2011-05-31	$3.62B	5.88%
2011-02-28	$3.42B	-8.90%
2010-11-30	$3.75B	-15.21%
2010-08-31	$4.43B	38.53%
2010-05-31	$3.19B	3.23%
2010-02-28	$3.10B	-3.46%
2009-11-30	$3.21B	-22.54%
2009-08-31	$4.14B	40.40%
2009-05-31	$2.95B	2.93%
2009-02-28	$2.86B	-13.26%
2008-11-30	$3.30B	-31.41%
2008-08-31	$4.81B	42.51%
2008-05-31	$3.38B	7.17%
2008-02-29	$3.15B	0.90%
2007-11-30	$3.12B	-

Carnival generated $8.15B in revenue during Q3 2025, up 28.84% compared to the previous quarter, and up 141.03% compared to the same period a year ago.

Carnival Revenue Breakdown

Carnival Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Nov 25	Nov 24	Nov 23	Nov 22	Nov 21
Cruise	$9.20B	$8.56B	$100.00M	-	-
Tour And Other	$17.42B	$16.46B	-	-	-
Cruise Onboard And Other	-	-	$7.53B	$5.15B	$908.00M
Cruise Passenger Ticket	-	-	$14.07B	$7.02B	$1.00B

Carnival's latest annual revenue breakdown by segment (product or service), as of Nov 25: Tour And Other (65.43%), and Cruise (34.57%).

Quarterly Revenue by Product

Product/Service	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20
Cruise	$2.28B	$2.72B	$2.22B	$1.98B	$2.08B	$2.66B	$2.03B	-	-	-	-	-	-	-	-	-	-	-	-	-
Tour And Other	$4.05B	$5.43B	$4.10B	$3.83B	$3.85B	$5.24B	$3.75B	-	-	-	-	-	-	-	-	-	-	-	-	-
Cruise Onboard And Other	-	-	-	-	-	-	-	$1.79B	$4.19B	$1.77B	$1.56B	$1.57B	$1.71B	$1.12B	$750.00M	$613.00M	$243.00M	$29.00M	$23.00M	$29.00M
Cruise Passenger Ticket	-	-	-	-	-	-	-	$3.62B	$8.06B	$3.14B	$2.87B	$2.27B	$2.60B	$1.28B	$873.00M	$674.00M	$303.00M	$20.00M	$3.00M	$4.00M

Carnival's latest quarterly revenue breakdown by segment (product or service), as of Nov 25: Tour And Other (64.03%), and Cruise (35.97%).

Carnival Revenue Breakdown by Country

Annual Revenue by Country

Country	Nov 25	Nov 24	Nov 23	Nov 22	Nov 21
Europe Australia And Asia Cruise Brands	$8.47B	$7.57B	-	-	-
Australia And Asia	-	$1.45B	$312.00M	$18.00M	-
North America Cruise Brands	-	$15.09B	-	-	-
All Other Geographic Areas	-	-	$735.00M	$72.00M	$14.00M
Europe	-	-	$6.57B	$3.92B	$811.00M
North America	-	-	$13.11B	$7.87B	$1.07B
AUSTRALIA	-	-	$1.18B	-	-

Carnival's latest annual revenue breakdown by geography, as of Nov 25: Europe Australia And Asia Cruise Brands (100.00%).

Quarterly Revenue by Country

Country	Nov 25	Aug 25	May 25	Feb 25	Nov 24	Aug 24	May 24	Feb 24	Nov 23	May 23	Feb 23	Nov 22	Aug 22	May 22	Feb 22	Nov 21	Aug 21	May 21	Feb 21	Nov 20
Europe Australia And Asia Cruise Brands	$2.27B	$2.61B	$1.96B	$1.63B	$1.98B	$2.33B	$1.70B	-	-	-	-	-	-	-	-	-	-	-	-	-
North America Cruise Brands	-	$5.00B	$3.77B	$3.47B	$2.66B	$5.32B	$3.98B	-	-	-	-	-	-	-	-	-	-	-	-	-
Australia And Asia	-	$313.00M	$315.00M	$420.00M	$1.02B	$215.00M	$74.00M	$15.00M	$8.00M	$6.00M	-	-	-	-	-	-	-	-	-	-
Europe	-	-	-	-	-	-	-	$1.57B	$3.93B	$1.45B	$1.19B	$1.24B	$1.46B	$741.00M	$479.00M	$21.00M	-	-	-	-
AUSTRALIA	-	-	-	-	-	-	-	$425.00M	$536.00M	$307.00M	$338.00M	-	-	-	-	-	-	-	-	-
All Other Geographic Areas	-	-	-	-	-	-	-	$293.00M	$355.00M	$169.00M	$211.00M	$8.00M	$22.00M	$24.00M	$18.00M	$-12.00M	-	-	-	-
North America	-	-	-	-	-	-	-	$3.12B	$7.43B	$2.99B	$2.70B	$2.38B	$2.75B	$1.62B	$1.12B	$19.00M	-	-	-	-
Cruise Onboard And Other	-	-	-	-	-	-	-	-	-	-	$1.56B	-	-	-	-	-	-	-	-	-
Cruise Passenger Ticket	-	-	-	-	-	-	-	-	-	-	$2.87B	-	-	-	-	-	-	-	-	-
North America and Australia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$817.00M	$271.00M	$9.00M	$10.00M	-
Europe and Asia	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$438.00M	$232.00M	$33.00M	$8.00M	-

Carnival's latest quarterly revenue breakdown by geography, as of Nov 25: Europe Australia And Asia Cruise Brands (100.00%).

Carnival Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TCOM	Trip.com Group	$44.51B	$15.87B
DHI	D.R. Horton	$34.25B	$6.89B
LEN	Lennar	$34.19B	$8.81B
CCL	Carnival	$26.62B	$8.15B
FLUT	Flutter Entertainment	$16.38B	$3.79B
LVS	Las Vegas Sands	$13.02B	$3.33B
CMG	Chipotle Mexican Grill	$11.93B	$3.00B
EBAY	eBay	$11.10B	$2.82B
YUM	Yum! Brands	$8.21B	$1.83B
CPRT	Copart	$4.65B	$1.12B

CCL Revenue FAQ

What is Carnival’s yearly revenue?

Carnival's yearly revenue for 2025 was $26.62B, representing an increase of 6.40% compared to 2024. The company's yearly revenue for 2024 was $25.02B, representing an increase of 15.88% compared to 2023. CCL's yearly revenue for 2023 was $21.59B, representing an increase of 77.44% compared to 2022.

What is Carnival’s quarterly revenue?

Carnival's quarterly revenue for Q3 2025 was $8.15B, a 28.84% increase from the previous quarter (Q2 2025), and a 3.25% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $6.33B, a 8.92% increase from the previous quarter (Q1 2025), and a 9.46% increase year-over-year (Q2 2024). CCL's quarterly revenue for Q1 2025 was $5.81B, a -2.16% decrease from the previous quarter (Q4 2024), and a 7.45% increase year-over-year (Q1 2024).

What is Carnival’s revenue growth rate?

Carnival's revenue growth rate for the last 3 years (2023-2025) was 23.29%, and for the last 5 years (2021-2025) was 1295.28%.

What are Carnival’s revenue streams?

Carnival's revenue streams in v 25 are Cruise, and Tour And Other. Cruise generated $9.2B in revenue, accounting 34.57% of the company's total revenue, up 7.53% year-over-year. Tour And Other generated $17.42B in revenue, accounting 65.43% of the company's total revenue, up 5.81% year-over-year.

What is Carnival’s main source of revenue?

For the fiscal year ending Nov 25, the largest source of revenue of Carnival was Tour And Other. This segment made a revenue of $17.42B, representing 65.43% of the company's total revenue.