Welcome to our dedicated page for Carnival SEC filings (Ticker: CCL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Carnival Corporation & plc (NYSE: CCL) files a range of documents with the U.S. Securities and Exchange Commission that provide insight into its cruise operations, capital structure and governance. For investors, the SEC filings page is a primary source for official information on material events, financing transactions, earnings results and proposed corporate changes affecting the company’s global cruise portfolio.
Recent Form 8-K filings show how Carnival Corporation & plc uses current reports to communicate significant developments. Examples include a December 19, 2025 Form 8-K furnishing a press release on record full-year revenues, record adjusted net income, all-time high operating income and record adjusted EBITDA, along with the reinstatement of a quarterly dividend and recognition of investment grade leverage metrics. Other 8-Ks describe private offerings of senior unsecured notes due 2029, 2031 and 2032, the planned redemption of existing unsecured notes and repayment of secured term loans, and related indenture details such as interest rates, maturities, redemption provisions and guarantees by certain subsidiaries.
Filings also address topics such as the redemption of convertible senior notes, executive compensation protection and restrictive covenant agreements, and a proposed unification of the dual-listed structure into a single Carnival Corporation entity listed on the New York Stock Exchange, with Carnival plc as a wholly owned subsidiary and a change of legal incorporation to Bermuda under the name Carnival Corporation Ltd. These disclosures help investors understand how the company manages leverage, refinances debt, structures executive arrangements and plans for governance simplification.
On Stock Titan’s SEC filings page for CCL, users can access these current reports alongside the company’s periodic filings, such as annual and quarterly reports when available. The platform highlights key elements of documents like Form 8-K, including earnings announcements, new debt issuances, redemptions, and material agreements, and surfaces information on securities listings noted in the filings, such as common stock under the CCL symbol and American Depositary Shares under CUK. AI-powered tools summarize lengthy filings and point to sections on topics like leverage metrics, dividend decisions, note covenants and proposed structural changes, helping readers quickly identify the items most relevant to their analysis.
Carnival Corporation & plc returned to profitability for the quarter ended February 28, 2026, posting net income attributable to the company of $258 million, compared with a net loss of $78 million a year earlier, or diluted earnings per share of $0.19 versus $(0.06). Total revenues rose to $6.165 billion from $5.810 billion, driven by 5.0% higher passenger ticket revenue and an 8.3% increase in onboard and other revenue, helped by stronger pricing, higher onboard spending and favorable foreign currency.
Operating income improved to $607 million from $543 million, while net interest expense fell as interest expense, net of capitalized interest, declined to $291 million from $377 million on lower average rates and reduced total debt. Operating cash flow strengthened to $1.263 billion from $0.925 billion, supporting $566 million of capital expenditures largely for ship and destination investments and $945 million of debt repayments, reducing total debt to $26.004 billion.
The company ended the quarter with liquidity of $5.9 billion, including $1.4 billion of cash and $4.5 billion available under its revolving facility, plus $10.9 billion of undrawn export credit facilities for ship deliveries. It paid a cash dividend of $0.15 per share, totaling $208 million, and in March 2026 authorized a share repurchase program of up to $2.5 billion, to begin after shareholder meetings expected on April 17, 2026. Management highlights ongoing risks from fuel costs, foreign exchange, greenhouse gas regulation including the EU Emissions Trading System, high leverage and pending litigation, but states current debt covenants are in compliance.
Carnival Corporation & plc reported record first‑quarter 2026 operating results and record bookings, marking a clear earnings turnaround. Revenue reached $6.165 billion, with net income of $258 million versus a prior‑year loss and diluted EPS of $0.19. Adjusted EPS was $0.20, up 50%, and adjusted EBITDA hit a first‑quarter record of $1.267 billion, supported by nearly 10% higher gross margin yields and record net yields in constant currency.
Bookings for 2026 are up double digits, with nearly 85% of the year already booked and customer deposits at a first‑quarter record of nearly $8 billion. For full‑year 2026, the company targets net yields in constant currency up about 2.75% versus record 2025 levels and adjusted cruise costs excluding fuel per ALBD up about 3.1%, implying strong pricing and continued cost discipline. Guidance calls for adjusted EBITDA of approximately $7.19 billion, adjusted net income of about $3.07 billion and diluted adjusted EPS around $2.21.
Carnival introduced its long‑term PROPEL targets through 2029, aiming for more than 50% adjusted EPS growth from 2025, over 16% adjusted return on invested capital, and distributing over 40% of cash from operations (roughly $14 billion) to shareholders while targeting a net debt‑to‑adjusted‑EBITDA ratio of 2.75x and a greenhouse gas emissions rate reduction of more than 25% from 2019. The boards also approved an initial $2.5 billion share buyback program alongside more than $800 million of expected dividends in 2026, signaling confidence in free cash flow as total debt stands at $25.29 billion and remaining 2026 capital expenditures are planned at $2.4 billion.
The Vanguard Group filed Amendment No. 7 to a Schedule 13G/A reporting 0 shares beneficially owned of Carnival Corp common stock, representing 0% of the class.
The filing explains an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries or business divisions to report holdings separately; Vanguard states it no longer is deemed to have beneficial ownership of securities held by those affiliates.
Carnival Corporation & plc proposes to unify its dual-listed company structure and redomicile Carnival Corporation from Panama to Bermuda as Carnival Corporation Ltd., subject to shareholder, regulatory and court approvals.
The Boards recommend exchanging each Carnival plc ordinary share for one Carnival Corporation Ltd. common share, delisting Carnival plc from the LSE and terminating the ADS program. The companies expect completion before the end of Q2 2026, with key meetings on April 17, 2026 and an expected Scheme Effective Date of May 7, 2026, subject to the conditions described in the proxy materials.
Carnival Corporation & plc proposes to unify its dual‑listed structure and redomicile Carnival Corporation to Bermuda. The Boards recommend the DLC Unification and Redomiciliation Transactions, asking Carnival plc and Carnival Corporation shareholders to vote at special meetings and a court meeting on April 17, 2026.
The plan would exchange each Carnival plc ordinary share for one common share of the redomiciled Carnival Corporation Ltd. listed on the NYSE under the symbol “CCL,” terminate Carnival plc’s LSE listing and delist Carnival plc ADSs from the NYSE, and make Carnival plc a wholly owned UK subsidiary. The timetable in the materials anticipates the Scheme Effective Date and Redomiciliation on May 7, 2026, with a long‑stop date of December 31, 2026. The materials state that former Carnival plc shareholders are expected to hold approximately 10.6% of issued common shares post‑transaction and existing Carnival Corporation shareholders approximately 89.4%, based on shares outstanding as of February 17, 2026.
The Boards state there will be no change to strategy, operations, UK presence, executive leadership or material financial statement impact; they cite a single global share price, consolidated liquidity, expected index weighting increases, reduced administrative and reporting costs, and simplified corporate actions as expected benefits. Completion is conditioned on shareholder approvals, Court sanction of the Scheme, and customary regulatory clearances.
Carnival Corporation & plc asks shareholders to vote on 2026 annual meeting proposals while highlighting a strong 2025. The company reports record revenue of $26.6 billion, record operating income of $4.5 billion (up 25% year over year), its highest adjusted ROIC in 19 years, record booking trends and year-end customer deposits up nearly 7%.
Carnival completed a $19 billion refinancing plan and has reduced total debt by over $10 billion since January 2023, surpassing its investment grade leverage metric threshold and reinstating a dividend. It served over 13.5 million guests in 2025, opened the Celebration Key destination, advanced 2030 sustainability goals with a 20% emissions-intensity cut versus 2019 and a 47% food-waste reduction, and proposes unifying its dual-listed structure into a single Carnival Corporation entity incorporated in Bermuda, subject to shareholder, regulatory and court approvals.
Carnival Corporation and Carnival plc have signed a unification agreement to combine their current dual listed company structure into a single company under Carnival Corporation, with Carnival plc becoming its wholly owned UK subsidiary. They also plan to migrate Carnival Corporation’s domicile from the Republic of Panama to Bermuda under the new name “Carnival Corporation Ltd.”.
These DLC unification and redomiciliation transactions are subject to multiple conditions, including regulatory clearances and a scheme of arrangement becoming effective. Certain German regulatory approvals and early termination of the U.S. antitrust waiting period have already been obtained. If all conditions are not met or waived by December 31, 2026, the transactions may not proceed.
Carnival Corporation has filed Amendment No. 1 to a Form S-4/ proxy statement-prospectus describing a proposed reorganization to unify its dual‑listed company structure and to redomicile Carnival Corporation from Panama to Bermuda as Carnival Corporation Ltd.
The plan would exchange each Carnival plc ordinary share for one Common Share of Carnival Corporation Ltd., cancel Carnival plc’s LSE listing and ADS program, and retain NYSE trading under the symbol CCL. The proposals are subject to shareholder, court and regulatory approvals, with shareholder meetings scheduled for April 17, 2026 and a timetable that targets completion before the end of the second quarter of 2026 (Scheme Effective Date shown as May 7, 2026 in the expected timetable). The filing states former Carnival plc shareholders are expected to hold approximately 10.6% of issued Common Shares and existing Carnival Corporation shareholders approximately 89.4% immediately after completion.