Carnival Corporation reported third-quarter 2026 results on September 29, 2026, delivering all-time high net income of $1.9 billion and adjusted net income of $2.0 billion. Diluted EPS reached $1.40, while adjusted EBITDA was $3.0 billion, exceeding June guidance by $110 million. The company completed approximately $1.2 billion in share repurchases year-to-date and redeemed $500 million of seven percent coupon notes. S&P upgraded the firm's credit rating to investment grade, eliminating remaining secured debt. Full-year 2026 operational improvement is now expected at over $150 million in adjusted net income compared to prior guidance. The company operates in the global cruise and leisure travel industry.
