Costa Cruises has just completed another year of great commercial and financial success. The latest financial statements, which ended on 30 November 2025, show that the company generated revenues of up to €4.9 billion (compared to €4.7 billion the previous year), achieved a positive pre-tax result and recorded a net profit of just over €1 billion.
The financial statements also reveal previously unknown details and information. Last spring, the Costa Fortuna was sold to Margaritaville at Sea and is scheduled to retire from the fleet next September. However, it has now been sold again for $90 million. Furthermore, Costa announced that negotiations are underway for the sale of its 25% stake in Venezia Investimenti Srl to the other joint venture partners: Global Ports Holding, MSC Cruises SA and Royal Caribbean. The reason for this decision is unclear, but one possible explanation is that large cruise ships exceeding 25,000 tonnes cannot dock at the Venice Passenger Terminal via the Giudecca Canal.
The management report explains that the Costa Group performed well in the 2025 financial year. Operating profit reached 1.021 billion euros, up from 974 million euros in the previous year. This is an extremely positive result, made all the more remarkable by the fact that it was achieved during a period characterised by unfavourable macroeconomic conditions, particularly inflation and geopolitical uncertainty.' In 2025, the company carried 3.2 million passengers, 1.7 million of whom travelled with Costa (which currently operates a fleet of nine ships), and 1.5 million of whom travelled with AIDA (which operates eleven ships). The average occupancy rate was 108%, peaking at 116% during the third quarter of the financial year.
Finally, in terms of the outlook for operations, Costa believes that 'the 2026 financial year will see growth in both revenues and occupancy levels', despite the retirement of the Costa Fortuna. Further rationalisation of managed capacity will support overall profitability, ensuring operating margins and cash generation are consistent with the Costa Group's financial needs.
Related : Costa Serena will leave Asia to return to the Mediterranean in 2027
That said, the report states that 'the macroeconomic environment continues to present elements of uncertainty'. 'In particular, inflationary pressures on operating costs, alongside a complex geopolitical framework marked by tensions in Eastern Europe and the Middle East, persist. These critical issues have led to itineraries in the most affected areas being reviewed and will require constant monitoring.'
Costa Crociere S.p.A. (Italian pronunciation: [ˈkɔsta kroˈtʃɛːre]), operating as Costa Cruises, is an Italian cruise line founded in 1948 and organised as a wholly owned subsidiary of Carnival Corporation & plc since 2000. Based in Genoa, Italy, the cruise line primarily caters to the European cruise market, but the company's 10 ships, which all sail under the Italian flag, provide itineraries sailing to countries globally
Source : Italian Media
#Costa Cruises # MSC Cruises SA #Royal Caribbean#Global Ports Holding # Giudecca Canal# Costa Fortuna # latest financial statements #AIDA
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