What is Carnival Corporation's accrued expenses?

Carnival Corporation (CCL) reported accrued expenses of $2.03B in Q4 2025.

How has Carnival Corporation's accrued expenses changed year-over-year?

Carnival Corporation's accrued expenses increased by 4.9% year-over-year, from $1.94B to $2.03B.

What is the long-term trend for Carnival Corporation's accrued expenses?

Over 5 years (2020 to 2025), Carnival Corporation's accrued expenses has grown at a 14.4% compound annual growth rate (CAGR), from $1.14B to $2.24B.

What does accrued expenses mean?

Expenses the company has incurred but has not yet received a bill for or paid.

Discontinued — last reported Q3 '19

Current Liabilities

Accrued Expenses

Carnival Corporation Accrued Expenses decreased by 9.2% to $2.03B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 4.9%, from $1.94B to $2.03B. Over 5 years (FY 2020 to FY 2025), Accrued Expenses shows an upward trend with a 14.4% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryLiquidity

SignalContext dependent

VolatilityModerate

First reportedQ4 2014

Last reportedQ3 2019

How to read this metric

A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.

Detailed definition

This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...

Peer comparison

Standard current liability found in almost all corporate balance sheets.

Metric ID: accrued_expenses

Historical Data

20 periods

	Q1 '21	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25
Value	$1.31B	$1.57B	$1.64B	$1.63B	$1.69B	$1.87B	$1.94B	$1.95B	$1.95B	$2.02B	$2.00B	$2.32B	$2.11B	$2.39B	$2.36B	$1.94B	$2.07B	$1.98B	$2.24B	$2.03B
QoQ Change	—	+19.3%	+4.7%	-0.9%	+3.9%	+10.8%	+3.7%	+0.5%	+0.0%	+3.4%	-0.7%	+15.7%	-8.8%	+13.2%	-1.5%	-17.8%	+6.9%	-4.6%	+13.3%	-9.2%
YoY Change	—	—	—	—	+28.6%	+19.5%	+18.3%	+19.9%	+15.4%	+7.7%	+3.1%	+18.8%	+8.4%	+18.6%	+17.7%	-16.4%	-2.0%	-17.4%	-5.0%	+4.9%

Range$1.31B – $2.39B

CAGR+9.6%

Avg YoY Growth+8.8%

Median YoY Growth+11.9%

Frequently Asked Questions

What is Carnival Corporation's accrued expenses?: Carnival Corporation (CCL) reported accrued expenses of $2.03B in Q4 2025.
How has Carnival Corporation's accrued expenses changed year-over-year?: Carnival Corporation's accrued expenses increased by 4.9% year-over-year, from $1.94B to $2.03B.
What is the long-term trend for Carnival Corporation's accrued expenses?: Over 5 years (2020 to 2025), Carnival Corporation's accrued expenses has grown at a 14.4% compound annual growth rate (CAGR), from $1.14B to $2.24B.
What does accrued expenses mean?: Expenses the company has incurred but has not yet received a bill for or paid.