Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue      
Total revenue $ 8,549,924 $ 4,843,760 $ 647,986
Cruise operating expense      
Total cruise operating expense 5,468,587 4,267,086 1,608,037
Other operating expense      
Marketing, general and administrative 1,341,858 1,379,105 891,452
Depreciation and amortization 808,568 749,326 700,845
Total other operating expense 2,150,426 2,128,431 1,592,297
Operating income (loss) 930,911 (1,551,757) (2,552,348)
Non-operating income (expense)      
Interest expense, net (727,531) (801,512) (2,072,925)
Other income (expense), net (40,204) 76,566 123,953
Total non-operating income (expense) (767,735) (724,946) (1,948,972)
Net income (loss) before income taxes 163,176 (2,276,703) (4,501,320)
Income tax benefit (expense) 3,002 6,794 (5,267)
Net income (loss) $ 166,178 $ (2,269,909) $ (4,506,587)
Weighted-average shares outstanding      
Basic (in shares) 424,424,962 419,773,195 365,449,967
Diluted (in shares) 427,400,849 419,773,195 365,449,967
Earnings (loss) per share      
Basic (in dollars per share) $ 0.39 $ (5.41) $ (12.33)
Diluted (in dollars per share) $ 0.39 $ (5.41) $ (12.33)
Passenger ticket      
Revenue      
Total revenue $ 5,753,966 $ 3,253,799 $ 392,752
Commissions, transportation and other      
Cruise operating expense      
Total cruise operating expense 1,883,279 1,034,629 143,524
Onboard and other      
Revenue      
Total revenue 2,795,958 1,589,961 255,234
Cruise operating expense      
Total cruise operating expense 599,904 357,932 54,037
Payroll and related      
Cruise operating expense      
Total cruise operating expense 1,262,119 1,088,639 537,439
Fuel      
Cruise operating expense      
Total cruise operating expense 716,833 686,825 301,852
Food      
Cruise operating expense      
Total cruise operating expense 358,310 263,807 62,999
Other      
Cruise operating expense      
Total cruise operating expense $ 648,142 $ 835,254 $ 508,186