Carnival Corporation & plc (CUK) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CUK Revenue Growth
Revenue Breakdown (FY 2025)
CUK's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CUK Revenue Analysis (2014–2025)
As of May 8, 2026, Carnival Corporation & plc (CUK) generated trailing twelve-month (TTM) revenue of $26.62 billion, reflecting solid growth of +6.6% year-over-year. The most recent quarter (Q4 2025) recorded $6.33 billion in revenue, down 22.4% sequentially.
Looking at the longer-term picture, CUK's 5-year compound annual growth rate (CAGR) stands at +36.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $26.62 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows CUK's business is primarily driven by Cruise Passenger Ticket (65%), and Cruise Onboard And Other (35%). With over half of revenue concentrated in Cruise Passenger Ticket, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including RCL (+9.7% YoY), NCLH (+6.5% YoY), and CCL (+6.4% YoY), CUK has underperformed the peer group in terms of revenue growth. Compare CUK vs RCL →
CUK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CUKCurrent | $26.6B | +6.6% | +36.6% | 16.8% | |
 RCL | $17.9B | +9.7% | +52.0% | 27.4% | |
 NCLH | $9.8B | +6.5% | +50.3% | 16.2% | |
 CCL | $26.6B | +6.4% | +36.6% | 16.8% | |
 HLT | $12.0B | +8.7% | +22.8% | 22.4% | |
 MAR | $26.2B | +4.7% | +19.9% | 15.8% |
CUK Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $26.62B | +6.4% | $7.88B | 29.6% | $4.48B | 16.8% |
| 2024 | $25.02B | +15.9% | $9.38B | 37.5% | $3.57B | 14.3% |
| 2023 | $21.59B | +77.4% | $7.28B | 33.7% | $1.96B | 9.1% |
| 2022 | $12.17B | +537.8% | $412.0M | 3.4% | $-4,379,000,000 | -36.0% |
| 2021 | $1.91B | -65.9% | $-2,747,000,000 | -144.0% | $-7,089,000,000 | -371.5% |
| 2020 | $5.59B | -73.1% | $-2,651,000,000 | -47.4% | $-8,865,000,000 | -158.5% |
| 2019 | $20.82B | +10.3% | $7.92B | 38.0% | $3.28B | 15.7% |
| 2018 | $18.88B | +7.8% | $7.79B | 41.3% | $3.33B | 17.6% |
| 2017 | $17.51B | +6.8% | $7.01B | 40.0% | $2.81B | 16.0% |
| 2016 | $16.39B | +4.3% | $7.01B | 42.7% | $3.07B | 18.7% |
Full CUK Stock Analysis
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Start ComparisonCUK — Frequently Asked Questions
Quick answers to the most common questions about buying CUK stock.
Is CUK's revenue growth accelerating or slowing?
CUK maintains +6.6% revenue growth, in line with its 5-year CAGR of +36.6%. TTM revenue stands at $26.6B. Growth rate remains consistent with historical average.
What is CUK's long-term revenue growth rate?
Carnival Corporation & plc's 5-year revenue CAGR of +36.6% reflects the sustained expansion pattern. Current YoY growth of +6.6% is near this long-term average.
How is CUK's revenue distributed by segment?
CUK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.