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Carnival reports Q2 net income of $537M, boosts shareholder returns with $450M stock buybacks

Company Fundamentals
23 Jun 2026
PRNewsWire
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Bullish
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Carnival Corporation posted a strong Q2 2026 with net income of $537 million and record adjusted net income of $569 million, driven by robust demand and pricing despite higher fuel costs and geopolitical challenges. The company achieved record revenues of $6.7 billion and all-time high customer deposits of $9 billion, signaling strong future bookings. Carnival also accelerated shareholder returns, repurchasing over $450 million in stock and maintaining a solid financial position with improved debt ratios and a credit rating upgrade. Looking ahead, Carnival expects continued demand growth and operational improvements for the full year 2026.

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