v3.25.4
Revenue (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table disaggregates our total revenues by geographic regions where we provide cruise itineraries (in millions):
Year Ended December 31,
202520242023
Revenues by itinerary
North America (1)$11,542 $10,594 $8,707 
Asia/Pacific1,716 1,380 993 
Europe2,951 2,697 2,685 
Other Regions (2)862 1,025 847 
Total revenues by itinerary17,071 15,696 13,232 
Other revenues (3)864 788 668 
Total revenues$17,935 $16,484 $13,900 
(1) Includes the United States, Canada, Mexico, and the Caribbean.
(2) Includes seasonality impacted itineraries primarily in South American countries, and Antarctica.
(3) Includes revenues primarily related to cancellation fees, vacation protection insurance, pre- and post-cruise tours and fees for operating certain port facilities. Amounts also include revenues related to procurement and management related services we perform on behalf of our unconsolidated affiliates. Refer to Note 7. Investments and Other Assets for more information on our unconsolidated affiliates.
For the years ended December 31, 2025, 2024 and 2023, our guests were sourced from the following areas:
Year Ended December 31,
202520242023
Passenger ticket revenues:
United States74 %75 %74 %
All other countries (1)26 %25 %26 %
(1) No other individual country's revenue exceeded 10% for the years ended December 31, 2025, 2024 and 2023.