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Segment Information
 6 Months Ended
May 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
The chief operating decision maker, who is the Chief Executive Officer of Carnival Corporation and Carnival plc assesses performance and makes decisions to allocate resources for Carnival Corporation & plc based upon review of the results across all of our segments. The operating segments within each of our reportable segments have been aggregated based on the similarity of their economic and other characteristics, including geographic guest sourcing. Our four reportable segments are comprised of (1) North America cruise operations (“North America”), (2) Europe cruise operations (“Europe”), (3) Cruise Support and (4) Tour and Other.
Our Cruise Support segment includes our portfolio of leading port destinations and exclusive islands as well as other services, all of which are operated for the benefit of our cruise brands. Our Tour and Other segment represents the hotel and transportation operations of Holland America Princess Alaska Tours and other operations.
Three Months Ended May 31,
(in millions)RevenuesOperating
expenses		Selling
and
administrative		Depreciation
and
amortization		Operating
income (loss)
2025
North America (a)$4,214 $2,600 $473 $450 $691 
Europe2,011 1,208 248 187 368 
Cruise Support73 46 90 50 (113)
Tour and Other31 32 5 6 (12)
$6,328 $3,886 $816 $692 $934 
2024
North America (a)$3,984 $2,580 $464 $414 $525 
Europe1,697 1,135 230 164 168 
Cruise Support63 39 90 49 (114)
Tour and Other37 44 6 6 (19)
$5,781 $3,798 $789 $634 $560 
Six Months Ended May 31, 2025
(in millions)RevenuesOperating
expenses		Selling
and
administrative		Depreciation
and
amortization		Operating
income (loss)
2025
North America (a)$8,120 $5,036 $993 $884 $1,207 
Europe3,841 2,478 499 356 508 
Cruise Support145 91 163 95 (204)
Tour and Other33 47 9 12 (34)
$12,139 $7,653 $1,663 $1,346 $1,477 
2024
North America (a)$7,558 $4,982 $966 $813 $797 
Europe3,466 2,386 464 328 288 
Cruise Support122 75 162 94 (210)
Tour and Other41 59 10 12 (40)
$11,187 $7,502 $1,603 $1,247 $836 
(a)Beginning in the first quarter of 2025, we renamed the North America and Australia segment to the North America segment.

Revenue by geographic areas, which are based on where our guests are sourced, were as follows:
Three Months Ended
May 31,
Six Months Ended
May 31,
(in millions)2025202420252024
North America$3,774 $3,542 $7,243 $6,663 
Europe1,964 1,631 3,590 3,199 
Australia315 355 735 781 
Other 275 252 570 545 
$6,328 $5,781 $12,139 $11,187