Quarterly ResultJun 23, 2026, 09:22 AM
Carnival Q2 Record Revenue $6.7B, Adjusted Net Income $569M
AI Summary
Carnival Corporation announced record financial results for the second quarter of 2026, with revenues reaching $6.7 billion and adjusted net income climbing to $569 million, an increase of over 20% year-over-year. The company also reported record net yields and an all-time high of $9.0 billion in customer deposits, reflecting strong demand despite geopolitical headwinds. Carnival accelerated shareholder returns through over $450 million in stock repurchases and provided a positive outlook for the full year 2026, including an estimated adjusted EPS of $2.22.
Key Highlights
- Q2 2026 adjusted net income reached a record $569 million, up over 20% year-over-year.
- Record revenues for Q2 2026 hit $6.7 billion, with net yields (constant currency) up 2.2%.
- Customer deposits reached an all-time high of $9.0 billion, an increase of over $450 million.
- Diluted EPS was $0.39, and adjusted EPS was $0.41, up over 15% compared to prior year.
- The company repurchased over $450 million in stock and distributed $207 million in dividends.
- Full year 2026 outlook projects adjusted EPS of approximately $2.22.
- Ordered three new LNG ships for Princess Cruises, scheduled for delivery in 2035, 2038, and 2039.
- Completed unification of dual-listed structure and shifted legal incorporation to Bermuda.
Price Impact