Carnival Corporation announced its financial results for the second quarter of 2026, during which it obtained a net profit of USD 537 million and recorded record revenues of USD 6.7 billion, driven by strong demand in its global cruise line portfolio.
The corporation’s adjusted net profit reached a historic figure of USD 569 million, representing an increase of over 20% compared to the same quarter of the previous year, exceeding by USD 100 million the forecasts that management issued last March.
The maritime travel giant also reported an adjusted profit per share of USD 0.41, a value that represented an increase of more than 15% compared to the previous year, despite facing a negative impact of USD 73 million due to currency fluctuations and fuel prices.
For its part, adjusted earnings before interest, taxes, depreciation and amortization reached a record of USD 1.6 billion during this second quarter, while net yields measured in constant currency grew 2.2%.
In the area of investor profitability, Carnival Corporation exceeded USD 450 million in share buybacks to date and distributed USD 207 million in dividends during the quarter under analysis, accumulating a total of USD 414 million so far this year.
Likewise, Carnival Corporation’s Chief Financial Officer, David Bernstein, noted that “our strong cash flow growth allowed us to launch our current share repurchase program, buying back more than USD 450 million of shares to date, which reinforces our commitment to accelerating returns to shareholders. At the same time, we continue to invest responsibly in performance-generating programs across our fleet and exclusive destinations, while further strengthening our financial position.”
“We achieved a net debt to adjusted Ebitda ratio of 3.1 times, an improvement of more than half a point compared to just one year ago. The continued momentum of our financial performance received recognition from Moody’s with an upgrade in credit rating and a continued positive outlook,” added Bernstein.
During the quarter under analysis, the corporation distributed USD 207 million in dividends, accumulating a total of USD 414 million so far this year. For the full year 2026, management projects that net yields will rise approximately 3.2% compared to the historic levels of 2025, while it calculates an adjusted net profit close to USD 3.07 billion for the entire fiscal year, driven by sustained operational efficiency.
