Carnival (CCL) Change in Inventory (2009 - 2026)

Carnival (CCL) reported Change in Inventory of $3.0 million for Q1 2026, down 82.35% on a YoY basis from $17.0 million in Q1 2025, and down 90.91% quarter-over-quarter from $33.0 million in Q4 2025.

Carnival (CCL) Change in Inventory (2009 - 2026) Analysis & Trends

Carnival has reported Change in Inventory for 18 years, with the latest figure at $3.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory fell 82.35% year-over-year to $3.0 million; the trailing twelve-month figure through Feb 2026 stood at -$16.0 million (down 1700.0% YoY), and the FY2025 full-year result was -$2.0 million, up 77.78% from the prior year.
  • Change in Inventory for Q1 2026 stood at $3.0 million, down from $33.0 million in the prior quarter.
  • The five-year high for Change in Inventory was $42.0 million in Q2 2022, with the low at -$50.0 million in Q2 2025.
  • Historically, Change in Inventory has averaged $10.1 million across 5 years, with a median of $8.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Change in Inventory soared 4300.0% — and 2024, when it plunged 151.35%.
  • Carnival's Change in Inventory stood at $8.0 million in 2022, then surged by 425.0% to $42.0 million in 2023, then plunged by 42.86% to $24.0 million in 2024, then jumped by 37.5% to $33.0 million in 2025, then sank by 90.91% to $3.0 million in 2026.
  • The last three Change in Inventory figures came in at $3.0 million (Q1 2026), $33.0 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 7.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 3.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 27.65 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 78.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Feb 28, 2026 3.00 Mn
Feb 28, 2026 3.00 Mn
Nov 30, 2025 33.00 Mn
Nov 30, 2025 33.00 Mn
Aug 31, 2025 -2.00 Mn
Aug 31, 2025 -2.00 Mn
May 31, 2025 -50.00 Mn
May 31, 2025 -50.00 Mn
Feb 28, 2025 17.00 Mn
Feb 28, 2025 17.00 Mn
Nov 30, 2024 24.00 Mn
Nov 30, 2024 24.00 Mn
Aug 31, 2024 -19.00 Mn
Aug 31, 2024 -19.00 Mn
May 31, 2024 -21.00 Mn
May 31, 2024 -21.00 Mn
Feb 29, 2024 7.00 Mn
Feb 29, 2024 7.00 Mn
Nov 30, 2023 42.00 Mn
Nov 30, 2023 42.00 Mn