Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Operations

v3.25.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Total revenue $ 2,127,553 $ 2,191,215
Cruise operating expense    
Total cruise operating expense 1,303,938 1,387,423
Other operating expense    
Marketing, general and administrative 391,376 362,469
Depreciation and amortization 231,297 222,929
Total other operating expense 622,673 585,398
Operating income 200,942 218,394
Non-operating income (expense)    
Interest expense, net (217,872) (218,177)
Other income (expense), net (24,505) 18,137
Total non-operating income (expense) (242,377) (200,040)
Net income (loss) before income taxes (41,435) 18,354
Income tax benefit (expense) 1,140 (1,001)
Net income (loss) $ (40,295) $ 17,353
Weighted-average shares outstanding    
Basic (in shares) 441,147,186 426,803,519
Diluted (in shares) 441,147,186 431,019,206
Earnings (loss) per share    
Basic (in dollars per share) $ (0.09) $ 0.04
Diluted (in dollars per share) $ (0.09) $ 0.04
Passenger ticket    
Revenue    
Total revenue $ 1,418,684 $ 1,459,814
Commissions, transportation and other    
Cruise operating expense    
Total cruise operating expense 395,343 436,210
Onboard and other    
Revenue    
Total revenue 708,869 731,401
Cruise operating expense    
Total cruise operating expense 138,858 132,036
Payroll and related    
Cruise operating expense    
Total cruise operating expense 334,504 344,281
Fuel    
Cruise operating expense    
Total cruise operating expense 175,014 197,734
Food    
Cruise operating expense    
Total cruise operating expense 75,588 84,708
Other    
Cruise operating expense    
Total cruise operating expense $ 184,631 $ 192,454