From Alphastreet - Earnings Decoded. Market Intelligence Delivered · Staff Editor 2 · · 1m
Carnival Q3 Earnings Beat
Carnival's Q3 FY26 earnings beat expectations with record revenue and net yields.
In brief
Carnival's Q3 FY26 earnings beat expectations with record revenue and net yields. Carnival reported stronger-than-expected Q3 FY26 results including $8.44 billion revenue and $1.92 billion net income. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Q3 Results
Carnival reported better-than-expected Q3 FY26 results with revenue increasing 3.5% year-over-year to $8.44 billion.
Earnings Beat
Adjusted earnings remained unchanged at $1.43 per share, exceeding Wall Street's expectations with net income reaching $1.92 billion.
Record Performance
Adjusted EBITDA matched the prior-year record at $3.0 billion, with net yields increasing 2.4% year-over-year.
Forward Bookings
Carnival highlighted stronger booking momentum, particularly for future bookings, with customer deposits setting a record.
Road Ahead
Carnival raised its full-year 2026 adjusted net income outlook by more than $150 million and expects constant-currency net yields to increase about 2.3%.
Market Reaction
Carnival shares gained following the earnings announcement as the market responded positively to the results.
What matters most
Carnival reported stronger-than-expected Q3 FY26 results including $8.44 billion revenue and $1.92 billion net income.
