Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.25.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue      
Revenues by destination $ 9,479,651 $ 8,549,924 $ 4,843,760
Cruise operating expense      
Total cruise operating expense 5,688,696 5,468,587 4,267,086
Other operating expense      
Marketing, general and administrative 1,434,807 1,341,858 1,379,105
Depreciation and amortization 890,242 808,568 749,326
Adjusted total other operating expense 2,325,049 2,150,426 2,128,431
Operating income (loss) 1,465,906 930,911 (1,551,757)
Non-operating income (expense)      
Interest expense, net (747,223) (727,531) (801,512)
Other income (expense), net 54,224 (40,204) 76,566
Total non-operating income (expense) (692,999) (767,735) (724,946)
Net income (loss) before income taxes 772,907 163,176 (2,276,703)
Income tax benefit (137,350) (3,002) (6,794)
Net income (loss) $ 910,257 $ 166,178 $ (2,269,909)
Weighted-average shares outstanding      
Basic (in shares) 435,278,605 424,424,962 419,773,195
Diluted (in shares) 515,030,548 427,400,849 419,773,195
Earnings per share      
Basic (in dollars per share) $ 2.09 $ 0.39 $ (5.41)
Diluted (in dollars per share) $ 1.89 $ 0.39 $ (5.41)
Passenger ticket      
Revenue      
Revenues by destination $ 6,415,545 $ 5,753,966 $ 3,253,799
Commissions, transportation and other      
Cruise operating expense      
Total cruise operating expense 1,917,443 1,883,279 1,034,629
Onboard and other      
Revenue      
Revenues by destination 3,064,106 2,795,958 1,589,961
Cruise operating expense      
Total cruise operating expense 661,553 599,904 357,932
Payroll and related      
Cruise operating expense      
Total cruise operating expense 1,344,718 1,262,119 1,088,639
Fuel      
Cruise operating expense      
Total cruise operating expense 698,050 716,833 686,825
Food      
Cruise operating expense      
Total cruise operating expense 312,992 358,310 263,807
Other      
Cruise operating expense      
Total cruise operating expense $ 753,940 $ 648,142 $ 835,254