Carnival

At a glance

Carnival reported 2025 revenue of $26.62B, up 6.4% from $25.02B in 2024. Over 4 years since 2021 ($1.91B), that is growth of about 93.3% a year. Operating margin was 16.8%, up from -371.5% in 2021. 2025 was the highest revenue year in this period. The company posted a loss in 2021 and 2022.

In the last 12 months 5 insiders reported 0 open-market purchases and 5 sales ($14.2M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $12M by CFO & CAO David Bernstein on Feb 12, 2026.

Carnival filed 9 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), change to holders’ rights (2), material agreement (2) and regulation fd disclosure (1). It reported a material agreement or a completed acquisition or disposal 3 times.

3 of the 20 investors tracked here held Carnival at the last quarter end, worth $514.9M combined. It is the largest weight for Viking Global Investors (1.2% of its portfolio), followed by National Pension Service (Korea) (0.1%). Added: Viking Global Investors and National Pension Service (Korea). Reduced: Renaissance Technologies.

Annual results

Fiscal year ends Nov 30 · incorporated in D0

Tracked investors holding (13F)

Weight is the share of each investor's portfolio, as of the quarter end.