Carnival (CCL) Current Deferred Revenue (2018 - 2026)
Carnival's Current Deferred Revenue was $7.13 billion in fiscal Q3 2026 (quarter ended Aug 31, 2026), up 6.5% from $6.69 billion a year earlier but down 15.7% from the prior quarter.
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Analysis
Carnival (CCL) Current Deferred Revenue (2018 - 2026) Analysis & Trends
At the end of FY2025 (ended Nov 30, 2025), Current Deferred Revenue at Carnival came in at $6.83 billion, up 6.3% from FY2024.
- Current Deferred Revenue has now increased for five consecutive fiscal years, with a five-year compound annual growth rate of 28.6% (FY2020 to FY2025).
- In earlier fiscal years, Current Deferred Revenue was $6.43 billion in FY2024 (+5.8%), $6.07 billion in FY2023 (+24.6%), $4.87 billion in FY2022 (+56.6%) and $3.11 billion in FY2021 (+60.4%).
- Quarterly Current Deferred Revenue has moved between $3.11 billion (fiscal Q4 2021) and $8.46 billion (fiscal Q2 2026) over five years.
- Compared with a year earlier, Current Deferred Revenue has increased for 21 straight quarters, with growth averaging 5.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Current Deferred Revenue ranged from 2.5% (fiscal Q2 2025) to 138.4% (fiscal Q2 2022).
- Per Business Quant data, CCL's Current Deferred Revenue in the three fiscal quarters before Q3 2026 was $8.46 billion (Q2 2026), $7.47 billion (Q1 2026) and $6.83 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 7.13 Bn |
| May 31, 2026 | 8.46 Bn |
| Feb 28, 2026 | 7.47 Bn |
| Nov 30, 2025 | 6.83 Bn |
| Aug 31, 2025 | 6.69 Bn |
| May 31, 2025 | 8.08 Bn |
| Feb 28, 2025 | 6.85 Bn |
| Nov 30, 2024 | 6.43 Bn |
| Aug 31, 2024 | 6.44 Bn |
| May 31, 2024 | 7.88 Bn |
| Feb 29, 2024 | 6.64 Bn |
| Nov 30, 2023 | 6.07 Bn |
| Aug 31, 2023 | 5.96 Bn |
| May 31, 2023 | 6.89 Bn |
| Feb 28, 2023 | 5.50 Bn |
| Nov 30, 2022 | 4.87 Bn |
| Aug 31, 2022 | 4.47 Bn |
| May 31, 2022 | 4.77 Bn |
| Feb 28, 2022 | 3.37 Bn |
| Nov 30, 2021 | 3.11 Bn |
API Access
Carnival Current Deferred Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=CCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "ticker": "CCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-revenue&ticker=CCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();