---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-058106"
form_type: "8-K"
ticker: "CUK"
cik: "0001125259"
company_name: "CARNIVAL PLC"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:31:29.484945+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Carnival reports record FY2025 adjusted net income $3.1B, reinstates dividend, guides FY2026 $3.5B

## Summary
- FY adjusted net income $3.1B (+60% YoY) on record revenue $26.6B; adjusted EBITDA $7.2B.
- Q4 adjusted EPS $0.34 (+140% YoY), beating guidance; Q4 revenue $6.3B (+$400M).
- Reinstates dividend after suspension (amount and record date not disclosed).
- Net debt/adjusted EBITDA 3.4x; Fitch investment grade; proposes dual-listed unification.
- FY2026 adjusted net income guided to $3.5B; cumulative bookings at record prices.

## SEC filing metadata
- accession: 0001628280-25-058106
- form_type: 8-K
- ticker: CUK
- cik: 0001125259
- company_name: CARNIVAL PLC
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1125259/000162828025058106/0001628280-25-058106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/815097/000162828025058106/ccl-20251219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-058106
- JSON: https://secwatch.observer/filing/0001628280-25-058106.json
- Plain text: https://secwatch.observer/filing/0001628280-25-058106.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.