Operator

Greetings, and welcome to the Carnival Corporation Q2 2026 Earnings Results. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Beth Roberts, Senior Vice President of Investor Relations. Thank you, Beth. Please go ahead.

Beth Roberts
Senior Vice President of Investor Relations

Thank you. Good morning, and welcome to our second quarter 2026 earnings conference call. I'm joined today by our CEO, Josh Weinstein; our CFO, David Bernstein; and our Chair, Mickey Arison.

Before we begin, please note that some of our remarks on this call will be forward-looking. Therefore, I will refer you to today's press release and our filings with the SEC for additional information on factors and risks that could cause actual results to differ from our expectations. We will be referencing certain non-GAAP financial measures, including yields, cruise costs without fuel, EBITDA, net income and related statistics for all, which are on a net basis or adjusted as defined, unless otherwise stated.

A reconciliation to U.S. GAAP is included in our earnings press