v3.26.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue        
Total revenue $ 2,640,544 $ 2,517,497 $ 4,971,765 $ 4,645,050
Cruise operating expense        
Total cruise operating expense 1,586,808 1,456,847 2,964,689 2,760,785
Other operating expense        
Marketing, general and administrative 418,640 392,315 877,964 783,553
Depreciation and amortization 271,205 243,760 531,921 475,057
Total other operating expense 689,845 636,075 1,409,885 1,258,610
Operating income 363,891 424,575 597,191 625,655
Non-operating income (expense)        
Interest expense, net (189,915) (260,013) (374,362) (504,235)
Other income (expense), net (24,843) (167,729) 141,376 77,457
Total non-operating income (expense) (214,758) (427,742) (232,986) (426,778)
Net income (loss) before income taxes 149,133 (3,167) 364,205 198,877
Income tax benefit (expense) (1,132) (328) (1,972) 467
Net income (loss) 148,001 (3,495) 362,233 199,344
Passenger ticket        
Revenue        
Total revenue 1,729,838 1,708,985 3,272,159 3,127,669
Commissions, transportation and other        
Cruise operating expense        
Total cruise operating expense 484,668 487,835 882,273 883,178
Onboard and other        
Revenue        
Total revenue 910,706 808,512 1,699,606 1,517,381
Cruise operating expense        
Total cruise operating expense 191,446 187,684 343,314 326,542
Payroll and related        
Cruise operating expense        
Total cruise operating expense 394,573 346,133 774,789 680,637
Fuel        
Cruise operating expense        
Total cruise operating expense 219,384 157,377 388,310 332,391
Food        
Cruise operating expense        
Total cruise operating expense 87,322 81,323 168,004 156,911
Other        
Cruise operating expense        
Total cruise operating expense $ 209,415 $ 196,495 $ 407,999 $ 381,126