What is Carnival Corporation's total cost of revenue?

Carnival Corporation (CCL) reported total cost of revenue of $4.39B in Q2 2025.

How has Carnival Corporation's total cost of revenue changed year-over-year?

Carnival Corporation's total cost of revenue increased by 1.9% year-over-year, from $4.3B to $4.39B.

What is the long-term trend for Carnival Corporation's total cost of revenue?

Over 3 years (2021 to 2024), Carnival Corporation's total cost of revenue has grown at a 49.8% compound annual growth rate (CAGR), from $4.66B to $15.64B.

Carnival Corporation CCL Total Cost of Revenue

Discontinued — last reported Q3 '25

Total Cost of Revenue at other companies

Royal Caribbean GroupRCL

$2.25B+8.1%

Norwegian Cruise Line Holdings Ltd.NCLH

$1.38B+5.7%

Packaging Corp of AmericaPKG

$1.91B+13.6%

Other financials

Income statement

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Revenue$6.2B+6.1%

Gross profit$3.8B+4.9%

Operating income$607.0M+11.8%

Net income$258.0M+431%

EPS (diluted)$0.19+417%

Balance sheet

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Cash & equivalents$1.5B+70.2%

Total debt$28.8B-5.9%

Total equity$13.0B+41.9%

Total assets$51.6B+6.2%

Cash flow

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Operating cash flow$1.3B+36.5%

CapEx$566.0M-6.8%

Free cash flow$697.0M+119%

Valuation

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Market cap$42.76B+34.8%

Enterprise value$70.13B+14.3%

P/E13.8×-1.7×

P/S1.6×+0.3×

Profitability

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Gross margin39.5%+2.5pp

Operating margin16.9%+1.7pp

Net margin11.5%+3.4pp

FCF margin11.1%+3.3pp

Returns & leverage

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Return on equity27.9%+2.0pp

Debt / equity2.2×-1.1×

Current ratio0.3×0.0×

Where this comes from

Reported directly by Carnival Corporation in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Carnival Corporation’s 10-Q, filed September 29, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Carnival Corporation's total cost of revenue?: Carnival Corporation (CCL) reported total cost of revenue of $4.39B in Q2 2025.
How has Carnival Corporation's total cost of revenue changed year-over-year?: Carnival Corporation's total cost of revenue increased by 1.9% year-over-year, from $4.3B to $4.39B.
What is the long-term trend for Carnival Corporation's total cost of revenue?: Over 3 years (2021 to 2024), Carnival Corporation's total cost of revenue has grown at a 49.8% compound annual growth rate (CAGR), from $4.66B to $15.64B.