Carnival (CCL) Share-based Compensation (2009 - 2026)
Carnival's (CCL) quarterly Share-based Compensation came in at $81.0 million in Q2 2026, down 44.14% on a YoY basis from $145.0 million in Q2 2025, and down 45.64% quarter-over-quarter from $149.0 million in Q1 2026.
Analysis
Carnival (CCL) Share-based Compensation (2009 - 2026) Analysis & Trends
Carnival (CCL) has reported Share-based Compensation for 18 consecutive years, with $81.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Share-based Compensation fell 44.14% year-over-year to $81.0 million; the trailing twelve-month figure through May 2026 stood at $235.0 million (down 23.2% YoY), and the FY2025 full-year result was $214.0 million, up 160.8% from the prior year.
- Share-based Compensation declined to $81.0 million in Q2 2026 per CCL's latest filing, from $149.0 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $748.0 million in Q2 2023 and bottomed at -$879.0 million in Q3 2023.
- Historically, Share-based Compensation has averaged $31.6 million across 5 years, with a median of $78.5 million in 2025.
- The sharpest annual moves came in 2022 and 2024: Share-based Compensation jumped 204.64% in 2022, then plunged 1212.28% in 2024.
- Over 5 years, Share-based Compensation stood at $158.0 million in 2022, then plunged by 304.43% to -$323.0 million in 2023, then surged by 148.61% to $157.0 million in 2024, then plunged by 51.59% to $76.0 million in 2025, then advanced by 6.58% to $81.0 million in 2026.
- According to Business Quant data, Share-based Compensation over the past three periods registered $81.0 million, $149.0 million, and $76.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 6.00 Mn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 19.35 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 81.00 Mn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 56.82 Mn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | -3.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 81.00 Mn |
| Feb 28, 2026 | 149.00 Mn |
| Nov 30, 2025 | 76.00 Mn |
| Aug 31, 2025 | -71.00 Mn |
| May 31, 2025 | 145.00 Mn |
| Feb 28, 2025 | 64.00 Mn |
| Nov 30, 2024 | 157.00 Mn |
| Aug 31, 2024 | -60.00 Mn |
| May 31, 2024 | 185.00 Mn |
| Feb 29, 2024 | -634.00 Mn |
| Nov 30, 2023 | -323.00 Mn |
| Aug 31, 2023 | -879.00 Mn |
| May 31, 2023 | 748.00 Mn |
| Feb 28, 2023 | 57.00 Mn |
| Nov 30, 2022 | 158.00 Mn |
| Aug 31, 2022 | 321.00 Mn |
| May 31, 2022 | 351.00 Mn |
| Feb 28, 2022 | 44.00 Mn |
| Nov 30, 2021 | -151.00 Mn |
| Aug 31, 2021 | 525.00 Mn |