Carnival Corporation
Cruise vacations · United States
Carnival Corporation is the world's largest cruise company: its eight cruise lines, from Carnival Cruise Line and Princess to AIDA, Costa and Cunard, sail 94 ships and carry about 13.6 million guests a year.
What makes it different
One company, eight cruise lines for different home markets.
8Cruise linesNov 30, 2025
AIDA sells to Germans, Costa to Italians, P&O and Cunard to Britons, while scale is shared.
How big it is
How big is Carnival Corporation?
$26.6BRevenueFY2025
13.6MGuests carriedFY2025
94Ships2025
How it makes money FY2025
Cruises sold by its North American and European lines.
- North America cruise brands66%$17.6B
- Europe cruise brands32%$8.5B
- Ports and destinations1%$309M
- Alaska tours1%$241M
How the business works
Many brands, one giant fleet.
- 1Eight lines, each market
- 2Scale in ships, fuel, ports
- 3Onboard spend, own islands
Local brands win guests in the US, Germany, Italy and the UK, while one group buys ships, fuel and ports for all of them.
Who owns it
- The Vanguard Group8.2%
- Arison Group (Micky Arison and family trusts)6.8%
- BlackRock, Inc.5.2%
CEO: Josh Weinstein
Who it competes with
Key moments
- 1972Carnival Cruise Line is founded
- 1987Initial public offering
- 1989Holland America Line acquired
- 2003Combination with P&O Princess
- 2020Cruising paused by COVID-19
Sources
Every number on this page comes from Carnival Corporation's own reports.
- Carnival Corporation Ltd. Form 10-Q for the quarter ended August 31, 2026 ↗
- Carnival Corporation outperforms guidance, delivering best ever revenues, net yields and net income (third quarter 2026, Exhibit 99.1) ↗
- Carnival Corporation & plc first quarter 2026 results; introduces PROPEL targets (Exhibit 99.1) ↗
Full profile
The rest of the story is in the app.
What Carnival Corporation tracks16 metrics
Guests carried
Passenger cruise days
Occupancy
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from5 regions
United States and Canada
Continental Europe
United Kingdom
The full timeline20 moments
2024
2025
2026
Carnival Corporation vs Royal Caribbean Groupside by side
Revenue
Profit
People
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