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Carnival Corporation Ltd.Stock · Consumer Discretionary
$27.91−$0.61 (-2.14%)as of market close, Jul 2, 2026
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How Carnival makes money

Fiscal year

How does Carnival make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year. Straight from SEC filings.

Carnival Corporation Ltd. · FY2025 · year ended 2025-11-30
Revenue$26.6BGross profit$26.6B · 100%Cost of revenue$0 · 0%Operating income$4.5B · 17%Operating expenses$22.1B · 83%SG&A$3.4B · 13%Other opex$18.7B · 70%Pre-tax income$2.8B · 10%Other expense$1.7B · 6%Net income$2.8B · 10%Income tax$0 · 0%Cruise Passenger Ticket$17.4B · 65%Cruise Onboard & Other$9.2B · 35%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.