Discontinued — last reported Q3 '18

Current Liabilities

Device Payment Plan Trade-in Liability

Carnival Corporation Device Payment Plan Trade-in Liability increased by 9.7% to $7.90B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.2%, from $7.30B to $7.90B. Over 4 years (FY 2021 to FY 2025), Device Payment Plan Trade-in Liability shows an upward trend with a 19.8% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ3 2018

How to read this metric

An increase suggests higher participation in trade-in programs, potentially indicating aggressive customer acquisition or upgrade cycles.

Detailed definition

This represents the estimated financial obligation to customers who have traded in devices as part of a promotional fina...

Peer comparison

Common in telecommunications and hardware-reliant consumer platforms; peers typically report this as a component of accrued liabilities.

Metric ID: device_payment_plan_trade_in_liability

Historical Data

18 periods
 Q1 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$2.50B$3.50B$5.10B$4.80B$5.10B$5.70B$7.20B$6.30B$6.40B$7.00B$8.30B$6.80B$6.80B$7.30B$8.50B$7.10B$7.20B$7.90B
QoQ Change+40.0%+45.7%-5.9%+6.3%+11.8%+26.3%-12.5%+1.6%+9.4%+18.6%-18.1%+0.0%+7.4%+16.4%-16.5%+1.4%+9.7%
YoY Change+104.0%+45.7%+41.2%+31.3%+25.5%+22.8%+15.3%+7.9%+6.3%+4.3%+2.4%+4.4%+5.9%+8.2%
Range$2.50B$8.50B
CAGR+31.1%
Avg YoY Growth+23.2%
Median YoY Growth+11.7%
Current Streak2 quarters growth

Frequently Asked Questions

What is Carnival Corporation's device payment plan trade-in liability?
Carnival Corporation (CCL) reported device payment plan trade-in liability of $7.90B in Q4 2025.
How has Carnival Corporation's device payment plan trade-in liability changed year-over-year?
Carnival Corporation's device payment plan trade-in liability increased by 8.2% year-over-year, from $7.30B to $7.90B.
What is the long-term trend for Carnival Corporation's device payment plan trade-in liability?
Over 4 years (2021 to 2025), Carnival Corporation's device payment plan trade-in liability has grown at a 19.8% compound annual growth rate (CAGR), from $3.50B to $7.20B.
What does device payment plan trade-in liability mean?
The estimated value owed to customers for devices traded in under promotional programs.