v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue        
Revenues by destination $ 2,517,497 $ 2,372,492 $ 4,645,050 $ 4,563,707
Cruise operating expense        
Total cruise operating expense 1,456,847 1,454,755 2,760,785 2,842,178
Other operating expense        
Marketing, general and administrative 392,315 352,861 783,553 715,319
Depreciation and amortization 243,760 222,405 475,057 445,334
Total other operating expense 636,075 575,266 1,258,610 1,160,653
Operating income 424,575 342,471 625,655 560,876
Non-operating income (expense)        
Interest expense, net (260,013) (205,765) (504,235) (453,183)
Other income (expense), net (167,729) 151,323 77,457 165,874
Total non-operating income (expense) (427,742) (54,442) (426,778) (287,309)
Net income (loss) before income taxes (3,167) 288,029 198,877 273,567
Income tax benefit (expense) (328) (1,549) 467 (2,550)
Net income (loss) (3,495) 286,480 199,344 271,017
Passenger ticket        
Revenue        
Revenues by destination 1,708,985 1,602,076 3,127,669 3,061,890
Commissions, transportation and other        
Cruise operating expense        
Total cruise operating expense 487,835 501,039 883,178 937,249
Onboard and other        
Revenue        
Revenues by destination 808,512 770,416 1,517,381 1,501,817
Cruise operating expense        
Total cruise operating expense 187,684 171,707 326,542 303,743
Payroll and related        
Cruise operating expense        
Total cruise operating expense 346,133 330,578 680,637 674,859
Fuel        
Cruise operating expense        
Total cruise operating expense 157,377 174,964 332,391 372,698
Food        
Cruise operating expense        
Total cruise operating expense 81,323 77,046 156,911 161,754
Other        
Cruise operating expense        
Total cruise operating expense $ 196,495 $ 199,421 $ 381,126 $ 391,875