Carnival Corporation reported a net income of $565m for Q2 2025, improving by nearly $475m from 2024. The company achieved record revenues of $6.3bn and record adjusted EBITDA of $1.5bn, exceeding 2024 figures.
Cumulative advanced booking for 2026 aligns with 2025 record levels, maintaining high prices in constant currency. The company expects adjusted net income for 2025 to increase over 40pc compared to 2024.
Financing actions have resulted in credit rating upgrades and extended revolver capacity, enhancing liquidity and supporting debt reduction efforts.
CEO Josh Weinstein shared “Our amazing team delivered yet another phenomenal quarter, more than tripling adjusted net income driven by record net yields. We continued rebuilding an investment grade balance sheet, working aggressively to reduce interest expense, simplify our capital structure and manage our future debt maturities.”
