# Carnival made $5.3bn in nine months: $2.2bn repaid debt, $1.5bn went to shareholders, nothing new borrowed

![Carnival made $5.3bn in nine months: $2.2bn repaid debt, $1.5bn went to shareholders, nothing new borrowed](https://aiswingx.com/static/covers/ccl-fy26q3_cover.jpg?v=1790711696)

**Fiscal Q3 2026 10-Q: of $5,303m in operating cash flow, $2,186m repaid long-term debt and $1,547m went to dividends and buybacks. A year earlier there were no dividends and no buybacks**

Carnival (CCL) filed its 10-Q for the third quarter of fiscal 2026 on September 29. Its cash flow statement shows $5,303m of cash from operations in the first nine months. The company used it to repay $2,186m of long-term debt and to return $1,547m to shareholders. It issued no new long-term debt in the period.

- 종목: CCL (Carnival Corporation)
- 분기: FY26Q3 · 10-Q
- 작성: 2026-09-29 19:55 UTC
- 원문: https://aiswingx.com/p/ccl-fy26q3

## 숫자 하나
Operating cash flow for the first nine months of fiscal 2026 (December 2025 to August 2026) was $5,303m.

## 비유 하나
(구독자 전용)

## 출처 하나
Carnival Corporation Ltd. Form 10-Q (fiscal Q3 2026, filed 2026-09-29): consolidated statements of cash flows, income and balance sheets, Note 3 'Debt', MD&A 'Liquidity, Financial Condition and Capital Resources', and the Item 2 share purchase table

## 다음 분기에 볼 것
(구독자 전용)

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## What happened

Carnival (CCL) is the world's largest cruise company. Its fiscal year ends on November 30. On September 29 it filed its 10-Q for the third quarter of fiscal 2026. The report carries the cash flow statement for the first nine months, December 1, 2025 to August 31, 2026.

Cash from operations in that period was **$5,303m**. The company used it to repay **$2,186m** of long-term debt. It paid $618m in dividends and spent $929m buying back shares. That is **$1,547m** returned to shareholders.

Two things stand out. The company issued no new long-term debt in the period. And the cash flow statement for the same period a year earlier shows no dividends and no buybacks.

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(End of free preview. What the numbers mean, why it matters, company context, the next-quarter checklist and the arithmetic are available to subscribers — https://aiswingx.com/pricing)

## FAQ

**Q. Where can I confirm that nothing new was borrowed?**

In financing activities on the cash flow statement, the line for proceeds from issuance of long-term debt. It is empty for these nine months and carries an amount for the same period a year earlier.

**Q. Is this the first time Carnival has paid dividends and bought back shares?**

What this 10-Q shows is that there were neither in the same period a year earlier (December 2024 to August 2025). Earlier periods are not in this report.

**Q. Cash fell. Is there a problem repaying debt?**

The company states in the 10-Q that at August 31 it was in compliance with the covenants under its debt agreements. The specific liquidity and maturity figures are explained in the subscriber section.

**Q. Where can I check these figures myself?**

On SEC EDGAR, in Carnival Corporation Ltd.'s 10-Q for fiscal Q3 2026 (accession 0000815097-26-000107): the consolidated statements of cash flows, Note 3 and the liquidity section of MD&A.