Carnival Corp Ltd.
Close on Nov 2, 2026Market cap $40.41BP/E 13.1Yield –
Carnival Adjusted Gross Margin / Net Cruise Revenues by Year
Adjusted Gross Margin / Net Cruise Revenues — Constant Currency ($M) ($M)
Carnival Adjusted Gross Margin / Net Cruise Revenues: $20,096M in 2025, up 7.0% from a year earlier.
Where the 2025 figure comes from
“Adjusted gross margin | $ | 4,910 | $ | 4,846 | $ | 4,550 | $ | 20,233 | $ | 20,096 | $ | 18,857”
Source: Carnival Corporation & plc Form 8-K Earnings Release (FY2025Q4) ↗
Reported in Form 10-K, Form 10-Q & Form 8-K Non-GAAP Reconciliations.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Adjusted Gross Margin / Net Cruise Revenues — Constant Currency ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Nov 30, 2025 | 20,096 | +7.0% | Carnival Corporation & plc Form 8-K Earnings Release (FY2025Q4) ↗ |
| 2024 | Nov 30, 2024 | 18,782 | +14.2% | Carnival Corporation & plc Form 8-K Earnings Release (FY2024Q4) ↗ |
| 2023 | Nov 30, 2023 | 16,449 | – | Carnival Corporation & plc Form 8-K Earnings Release (FY2023Q4) ↗ |
| 2019 | Nov 30, 2019 | 15,996 | +5.6% | Carnival Corporation & plc Form 8-K Earnings Release (FY2019Q4) ↗ |
| 2018 | Nov 30, 2018 | 15,145 | +5.4% | Carnival Corporation & plc Form 8-K Earnings Release (FY2018Q4) ↗ |
| 2017 | Nov 30, 2017 | 14,373 | +4.4% | Carnival Corporation & plc Form 8-K Earnings Release (FY2017Q4) ↗ |
| 2016 | Nov 30, 2016 | 13,767 | – | Carnival Corporation & plc Form 8-K Earnings Release (FY2016Q4) ↗ |
Cite this data
StockData. (2026). Carnival Adjusted Gross Margin / Net Cruise Revenues ($M), annual 2016–2025 [Data set]. Compiled from Carnival SEC filings and investor materials. https://stockdatahq.com/stocks/ccl/kpis/adj-gross-margin-cc
See every metric in the Carnival KPI table. Data updated Nov 2, 2026.