Cash & Equivalents
Carnival Corporation Cash & Equivalents decreased by 25.6% to $1.46B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 70.2%, from $856.00M to $1.46B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -27.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and financial flexibility, while a decrease may indicate heavy capital expenditure, debt repayment, or aggressive share buybacks.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term investments with matu...
Peer comparison
Large-cap technology peers often maintain high cash balances to fund rapid innovation and offset the cyclical nature of consumer electronics.
cash_and_equivalentsHistorical Data
| 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 | $7.22B | $7.33B | $8.98B | $6.45B | $7.09B | $7.11B | $6.04B | $5.49B | $4.51B | $2.87B | $2.44B | $2.27B | $1.67B | $1.54B | $1.23B | $856.00M | $2.17B | $1.79B | $1.96B | $1.46B |
| QoQ Change | — | +1.5% | +22.5% | -28.1% | +9.9% | +0.3% | -15.1% | -9.0% | -17.9% | -36.3% | -15.1% | -6.7% | -26.6% | -7.5% | -20.2% | -30.5% | +153.6% | -17.5% | +9.3% | -25.6% |
| YoY Change | — | — | — | — | -1.8% | -3.0% | -32.7% | -14.9% | -36.4% | -59.6% | -59.6% | -58.6% | -63.0% | -46.2% | -49.5% | -62.4% | +30.1% | +16.1% | +59.1% | +70.2% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Carnival Corporation's cash & equivalents?
- Carnival Corporation (CCL) reported cash & equivalents of $1.46B in Q4 2025.
- How has Carnival Corporation's cash & equivalents changed year-over-year?
- Carnival Corporation's cash & equivalents increased by 70.2% year-over-year, from $856.00M to $1.46B.
- What is the long-term trend for Carnival Corporation's cash & equivalents?
- Over 5 years (2020 to 2025), Carnival Corporation's cash & equivalents has grown at a -27.4% compound annual growth rate (CAGR), from $9.69B to $1.96B.
- What does cash & equivalents mean?
- Money in the bank and very short-term investments that can be turned into cash almost instantly.