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| Date | Value |
|---|---|
| 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 |