Carnival reports record Q2 revenues of $6.7B, adjusted net income up 20%+

Filed June 23, 2026 · Period ending June 23, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income $537M, adjusted net income $569M (up >20% YoY) despite 30% higher fuel costs; revenues hit record $6.7B with record net yields in constant currency, exceeding March guidance by $100M.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Repurchased over $450M of stock under current buyback program, enabled by strong cash flow growth; customer deposits reached all-time high of $9.0B, up $450M+ YoY.

  Exhibit 99.1 verify on EDGAR →
• high

  Full-year 2026 guidance: net yields up ~3.2% vs. record 2025 (~1.75% constant currency), adjusted EPS ~$2.22; guidance reflects geopolitical headwinds from Middle East conflict moderating European bookings, though recent trends suggest reversal.

  Exhibit 99.1 verify on EDGAR →