v3.26.3
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue        
Total revenue $ 2,946,763 $ 2,938,142 $ 7,918,528 $ 7,583,192
Cruise operating expense        
Total cruise operating expense 1,667,668 1,554,859 4,632,357 4,315,644
Other operating expense        
Marketing, general and administrative 367,188 382,903 1,245,152 1,166,456
Depreciation and amortization 287,703 250,832 819,624 725,889
Total other operating expense 654,891 633,735 2,064,776 1,892,345
Operating income 624,204 749,548 1,221,395 1,375,203
Non-operating income (expense)        
Interest expense, net (190,111) (278,155) (564,473) (782,390)
Other income (expense), net 200,096 (134,429) 341,472 (56,972)
Total non-operating income (expense) 9,985 (412,584) (223,001) (839,362)
Net income before income taxes 634,189 336,964 998,394 535,841
Income tax expense (2,271) (8,731) (4,243) (8,264)
Net income 631,918 328,233 994,151 527,577
Passenger ticket        
Revenue        
Total revenue 1,945,639 2,049,959 5,217,798 5,177,628
Commissions, transportation and other        
Cruise operating expense        
Total cruise operating expense 547,675 521,981 1,429,948 1,405,159
Onboard and other        
Revenue        
Total revenue 1,001,124 888,183 2,700,730 2,405,564
Cruise operating expense        
Total cruise operating expense 236,180 222,002 579,494 548,544
Payroll and related        
Cruise operating expense        
Total cruise operating expense 390,315 355,396 1,165,104 1,036,033
Fuel        
Cruise operating expense        
Total cruise operating expense 195,733 175,913 584,043 508,304
Food        
Cruise operating expense        
Total cruise operating expense 92,043 81,866 260,047 238,777
Other        
Cruise operating expense        
Total cruise operating expense $ 205,722 $ 197,701 $ 613,721 $ 578,827