Published on December 20, 2025
Carnival Corp., a global leader in cruise travel, has announced a remarkable performance in 2025, with record-breaking revenues of USD 26.6 billion and net income reaching an all-time high of USD 3.5 billion. After a banner year, the company is reinstating its dividend, signalling strong financial health and commitment to shareholders. The cruise giant expects even stronger results in 2026, with nearly two-thirds of its inventory already booked.

Carnival Corp.’s Strong Financial Results: A Record Year

Carnival’s outstanding 2025 results demonstrate the resilience of the company, especially amid the challenges posed by geopolitical tensions and economic uncertainties. Q4 net income soared by 40 percent, reaching USD 422 million, driven by strong customer deposits and high demand for cruise travel. Customer deposits hit a record USD 7.2 billion, reflecting growing confidence in the brand and its offerings.

Advertisement
Carnival Corp. CEO Josh Weinstein described 2025 as a phenomenal year, underscoring the company’s ability to overcome external challenges and continue delivering exceptional value to customers. The company has managed to leverage its brand strength and extensive marketing efforts to maintain its competitive edge and record performance across multiple markets. Weinstein attributed the success to Carnival’s broad portfolio, which spans major cruise regions like the Caribbean, Europe, and Alaska.

Carnival’s Growth in Private Destinations and New Developments

As part of its continuous expansion, Carnival Cruise Line has made significant investments in private island destinations. One notable development is the Celebration Key on Grand Bahama Island, which welcomed its 1 millionth guest in December 2025. This private island destination opened in July and has already made a significant impact on Carnival’s itineraries, with Princess Cruises planning to include it in their future sailings.

The company is also undergoing an ambitious redevelopment of RelaxAway Half Moon Cay, its private island in the Bahamas. By 2026, this destination will offer an enhanced experience for Carnival Cruise Line and Holland America Line guests, with upgraded amenities and a new pier to accommodate larger ships like the Mardi Gras. The new pier is expected to be ready by summer 2026, significantly improving the guest experience on the island. These investments underscore Carnival’s dedication to providing exclusive, memorable experiences for its customers.

Unification Proposal to Simplify Corporate Structure

In addition to financial and operational growth, Carnival Corp. is also looking to streamline its corporate structure. The company has proposed a unification of its dual-listed entities, Carnival Corp. and Carnival plc, into a single entity, with Carnival plc becoming a wholly owned subsidiary. This move aims to simplify the company’s structure, reduce complexity, and increase liquidity, all while maintaining a single global share price. If shareholders approve the proposal in the April 2026 meeting, the unification is expected to be completed by Q2 2026.

Advertisement
The unification would lead to greater stock liquidity and a more robust presence in U.S. stock indices, which Carnival believes will benefit its investors. The change also reflects Carnival’s long-term strategy to maintain its leadership in the cruise industry while adapting to evolving market dynamics.

Carnival’s Strong Future in Cruise Travel

With its record-breaking 2025 performance, continued investment in private destinations, and a proposal to unify its corporate structure, Carnival Corp. is positioning itself for even greater success in 2026 and beyond. The reinstatement of its dividend highlights the company’s confidence in the future and its commitment to delivering value to shareholders. For travellers, Carnival’s diverse offerings across popular regions like the Caribbean, Europe, and Alaska continue to promise exceptional cruising experiences with expanded amenities and a growing fleet.
As Carnival continues to innovate and expand its offerings, it remains a key player in the global cruise industry, delivering unparalleled experiences and value to millions of travellers worldwide.

Advertisement
Tags: alaska, Asia, bahamas, caribbean, Carnival Corp.

I want to receive travel news and trade event updates from Travel And Tour World. I have read Travel And Tour World's Privacy Notice .
Saturday, December 20, 2025
Friday, December 19, 2025
Saturday, December 20, 2025
Saturday, December 20, 2025
Friday, December 19, 2025
Friday, December 19, 2025
Saturday, December 20, 2025
Saturday, December 20, 2025

source