# Carnival (CCL) — Earnings

CCL · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/ccl/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q3 2026 |
| Period end | Aug 31, 2026 |
| EPS actual | $1.43 |
| EPS estimate | $1.35 |
| EPS surprise | +5.63% |
| Revenue surprise | +0.57% |
| Revenue | $8.4B |
| Revenue estimate | $8.4B |
| Reported | Sep 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/815097/000081509726000107/ccl-20260831.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/51cde15f-c266-92c4-3274-47e30f94b092.html) |

Carnival reported fiscal Q3 2026 results on September 29, 2026. Earnings per share came in at $1.43, ahead of the $1.35 estimate by 5.63%. Revenue was $8.4 billion, 0.57% above the $8.4 billion consensus. EPS matched the $1.43 of Q3 2025, while revenue rose about 2% from $8.2 billion. Both are highs for the table.

Carnival lost money in every quarter from Q4 2021 through Q1 2024, except Q3 2023. Annual results went from a loss of $4.72 per share in fiscal 2022 and a loss of $0.07 in 2023 to profits of $1.38 in 2024 and $2.25 in 2025. Annual revenue more than doubled over that span, from $12.1 billion to $26.6 billion. The first three quarters of fiscal 2026 add up to $2.04 per share, about 7% more than a year earlier. Carnival topped the EPS estimate in each of the last 16 quarters; all four misses came between Q4 2021 and Q3 2022.

Carnival reported fiscal Q4 between December 19 and December 21 in each of the past five years. That points to around the third week of December 2026 for the next report, which will complete fiscal 2026.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q3 2026 | Sep 29, 2026 | $1.35 | $1.43 | 5.63% | $8.4B | $8.4B |
| Q2 2026 | Jun 23, 2026 | $0.34 | $0.41 | 20.27% | $6.7B | $6.7B |
| Q1 2026 | Mar 27, 2026 | $0.18 | $0.20 | 8.46% | $6.1B | $6.2B |
| Q4 2025 | Dec 19, 2025 | $0.25 | $0.34 | 37.04% | $6.4B | $6.3B |
| Q3 2025 | Sep 29, 2025 | $1.32 | $1.43 | 7.98% | $8.1B | $8.2B |
| Q2 2025 | Jun 24, 2025 | $0.25 | $0.35 | 41.99% | $6.2B | $6.3B |
| Q1 2025 | Mar 21, 2025 | $0.03 | $0.13 | 381.48% | $5.7B | $5.8B |
| Q4 2024 | Dec 20, 2024 | $0.08 | $0.14 | 86.17% | $5.9B | $5.9B |
| Q3 2024 | Sep 30, 2024 | $1.18 | $1.27 | 7.77% | $7.8B | $7.9B |
| Q2 2024 | Jun 25, 2024 | −$0.02 | $0.11 | 833.33% | $5.7B | $5.8B |
| Q1 2024 | Mar 27, 2024 | −$0.18 | −$0.14 | 20.72% | $5.4B | $5.4B |
| Q4 2023 | Dec 21, 2023 | −$0.13 | −$0.07 | 44.66% | $5.3B | $5.4B |
| Q3 2023 | Sep 29, 2023 | $0.75 | $0.86 | 14.41% | $6.7B | $6.9B |
| Q2 2023 | Jun 26, 2023 | −$0.34 | −$0.31 | 7.74% | $4.8B | $4.9B |
| Q1 2023 | Mar 27, 2023 | −$0.60 | −$0.55 | 8.73% | $4.3B | $4.4B |
| Q4 2022 | Dec 21, 2022 | −$0.88 | −$0.85 | 3.73% | $3.9B | $3.8B |
| Q3 2022 | Sep 30, 2022 | −$0.06 | −$0.58 | -892.82% | $5.0B | $4.3B |
| Q2 2022 | Jun 24, 2022 | −$1.21 | −$1.64 | -35.48% | $2.7B | $2.4B |
| Q1 2022 | Mar 22, 2022 | −$1.28 | −$1.65 | -29.65% | $2.3B | $1.6B |
| Q4 2021 | Dec 20, 2021 | −$1.44 | −$1.72 | -19.26% | $1.4B | $1.3B |

## Frequently Asked Questions

### When did Carnival (CCL) last report earnings?

Carnival last reported on Sep 29, 2026, covering fiscal Q3 2026.

### Did CCL beat earnings estimates?

Yes. Carnival reported EPS of $1.43 for Q3 2026 against a $1.35 estimate — a 5.63% beat.

### How much revenue did CCL report last quarter?

Carnival reported $8.4B in revenue for Q3 2026, against a consensus estimate of $8.4B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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