Quarterly ResultJun 26, 2026, 10:21 AM
Carnival Completes DLC Unification; Q2 Revenue $6.66B, 6-Month Net Income $795M
AI Summary
Carnival Corporation completed its DLC Unification and Redomiciliation in May 2026, consolidating its structure under a single entity listed on the NYSE. For the second quarter of 2026, the company reported total revenues of $6.66 billion, a 5.3% increase year-over-year, though net income attributable to Carnival Corporation Ltd. slightly decreased to $537 million. However, for the six months ended May 31, 2026, net income attributable to Carnival Corporation Ltd. significantly rose by 63.6% to $795 million. The company also reduced its total debt to $25.57 billion and saw customer deposits increase to $8.46 billion.
Key Highlights
- Completed DLC Unification and Redomiciliation in May 2026.
- Q2 2026 Total Revenues reached $6.66 billion, a 5.3% increase year-over-year.
- Q2 2026 Net Income attributable to Carnival Corporation Ltd. was $537 million, down 4.9% YoY.
- Six-month 2026 Net Income attributable to Carnival Corporation Ltd. was $795 million, up 63.6% YoY.
- Total Debt decreased to $25.57 billion as of May 31, 2026, from $27.38 billion at Nov 30, 2025.
- Customer deposits increased to $8.46 billion as of May 31, 2026, up 23.8% since Nov 30, 2025.
- Net cash provided by operating activities for six months was $3.89 billion, up 17.4% YoY.
Price Impact
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