OBPAI Geek Team•2026/8/12•0 阅读
Global Cruise Lines of 2026
FY2025 revenue: Carnival $26.6B, Royal Caribbean $17.9B, Norwegian $9.8B, Viking $6.5B; CLIA 37.2M global guests in 2025.
cruiseCarnivalRoyal Caribbean2026
Main table: FY2025 cruise group revenue
Compiled 2026-08-12. Ranked by FY2025 total cruise revenue as reported in annual filings. MSC is privately held; its revenue row is an industry estimate. Ship orders: global shipbuilders ranking.
| # | Group / brand | HQ | FY2025 revenue | Note |
|---|---|---|---|---|
| 1 | Carnival Corporation & plc | US / UK | $26.6B | Nine brands; net income $2.8B; 13.6M guests |
| 2 | Royal Caribbean Group | US | $17.9B | Celebrity / Silversea; Adj. EBITDA $7.0B; 9.45M guests |
| 3 | Norwegian Cruise Line Holdings | US | $9.83B | NCL + Oceania + Regent; ~3.0M guests |
| 4 | Viking Holdings | Switzerland | $6.50B | River + ocean; +21.9% YoY |
| 5 | MSC Cruises | Switzerland / Italy | ~$5.8B (est.) | Private; ~10% global guest share (CLIA) |
| 6 | Disney Cruise Line | US | ~$3.0B (est.) | Within Disney Experiences; six-ship fleet expanding |
| 7 | TUI Cruises | Germany | Not disclosed | 50/50 JV: TUI AG + Royal Caribbean |
| 8 | Genting Hong Kong / Dream Cruises | Hong Kong | — | Operations ceased 2022; historical reference |
Guest volume (millions, FY2025)
| Group | 2025 guests | Note |
|---|---|---|
| Carnival Corporation | 13.6M | 105% occupancy; FY ends Nov |
| Royal Caribbean Group | 9.45M | 108% load factor (4Q); FY ends Dec |
| Norwegian Cruise Line Holdings | ~3.00M | ~103.5% occupancy; FY ends Dec |
| MSC Cruises | ~3.7M (est.) | ~10% of CLIA 37.2M total |
| CLIA global ocean total | 37.2M | Record; +7.7% vs 2024 |
Industry snapshot
| Slice | 2025 | Source |
|---|---|---|
| Global ocean guests | 37.2M (+7.7%) | CLIA State of the Industry 2026 |
| Ticket + onboard spend | ~$72.5B (+7.7%) | Cruise Market Watch estimate |
| Big-four berth share | Carnival 42% / RCL 31% / NCL 10% / MSC 8.5% | CLIA + fleet registry |
How we ranked
Primary sort is FY2025 group revenue; guest counts and CLIA totals are secondary. MSC / Disney estimates are labeled. Board defaults to S–D.
| Source | When | Used for |
|---|---|---|
| Carnival FY2025 | 2025-12 | $26.6B; 13.6M guests |
| Royal Caribbean FY2025 | 2026-01 | $17.9B; 9.45M guests |
| NCLH FY2025 | 2026-03 | $9.83B; ~3.0M guests |
| CLIA 2026 report | 2026-04 | 37.2M global guests |
| Cruise Market Watch | 2025 | $72.5B industry revenue |
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文章来源：OBPAI TierList