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Royal Caribbean Cruises Ltd. (RCL)
NYSE: RCL · Real-Time Price · USD
322.50
+17.46 (5.72%)
At close: Jul 28, 2026, 4:00 PM EDT
319.69
-2.81 (-0.87%)
After-hours: Jul 28, 2026, 7:59 PM EDT

Royal Caribbean Cruises Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Net Income
1,1369507621,5791,2147365591,1158583642791,010463-48-500.2432.97-521.58-1,167-1,356-1,425
Depreciation & Amortization
464461453436417412410410393387368366361360360.91355.09351.54339.47333.49325.91
Stock-Based Compensation
3038394439531582638454713402611.7214.15-12.7122.848.5719.87
Other Adjustments
-10636-74-110-138-1841220-9136-3622890.0170.98124.9682.06-3.34211.34
Change in Receivables
35-173311726-7765341-57-32-19123-60.4528.05-169.37-32.2443.54-44.97
Changes in Inventories
4-74-21890-23-612-6-265312.96-8.08-49.64-29.24-8.29-9.52
Changes in Accounts Payable
14-8127-1242226735-60786232-2757-4.25-142.5109.32112.4381.7969.14
Changes in Accrued Expenses
172-27919740130-151142-95191-238258-182198-261348.92-13.74135.89-119.07238.9195.76
Changes in Unearned Revenue
187809135-77545838173-921205729279-6444051,103393.37-394.24601.34406.53395.07402.65
Changes in Other Operating Activities
-757-45.5111.5-2-197-25127-83-128-14069-74.99-6212.812.79-80.17-144.48-45.46-48.83
Operating Cash Flow
1,8601,8341,6231,4691,7461,6271,4678971,5731,3281,1166591,3921,310575.74-44.53478.64-528.85-205.23-403.22
Operating Cash Flow Growth (YoY)
6.53%12.72%10.63%63.77%11.00%22.52%31.45%36.12%13.00%1.37%93.84%-190.82%-------

Investing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Capital Expenditures
-2,737-500-1,507-2,458-836-428-552-334-2,140-242-2,568-281-796-252-166.73-225.52-954.66-1,363-575.73-368.1
Sale of Property, Plant & Equipment
------------------0.560
Purchases of Investments
-5-38-12-17-51-26-20-27-11-9-9-22--0.61---0.080
Proceeds from Sale of Investments
---56664-445-25654.975.334.264.445.355.52
Other Investing Activities
699404710010-7446-63-50-14.02-5031344.75-122.6-133.4-84.5-15.04-13.98
Investing Cash Flow
-2,673-529-1,479-2,387-706-440-641-311-2,198-296-2,574-328-787-234-116.05-343.4-1,084-1,443-584.77-376.56

Financing Activities

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Short-Term Debt Repaid
-------------------0.430
Net Short-Term Debt Issued (Repaid)
-------------------0.430
Long-Term Debt Issued
2,9092,8071,5092,4322504809604,6602,5192,1795,8336005037052,5793,3761,4822,350323.921,000
Long-Term Debt Repaid
-1,109-3,084-459-1,130-724-1,221-1,684-5,181-1,867-3,211-4,340-1,057-1,585-2,664-2,594-3,429-699.18-1,008-84.12-1,027
Net Long-Term Debt Issued (Repaid)
1,800-2771,0501,302-474-741-724-521652-1,0321,493-457-1,082-1,959-14.24-52.52782.421,342239.81-27.02
Issuance of Common Stock
------------------0.140
Repurchase of Common Stock
-199-836-504-4140-241--------------
Net Common Stock Issued (Repurchased)
-199-836-504-4140-241------------0.140
Common Dividends Paid
-404-270-272-204-200-148-1070------------
Other Financing Activities
-21-234-20-69-22-61-21-38-72-59-1400.11-23175-28.66-94.35-40.39-104.61-37.07-18.04
Financing Cash Flow
1,176-1,617254615-696-1,191-852-559580-1,0911,353-457-1,105-1,784-91.9-146.86742.031,238202.44-180.43

Net Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Foreign Exchange Rate Adjustments
0-1-5052-40-1-12-1.69--0.94-1.19-2.570.990.7-0.84
Net Cash Flow
363-313393-303349-2-3027-46-60-103-126-501-708368.56-535.99133.7-733.27-586.85-961.04

Free Cash Flow

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Free Cash Flow
-8771,334116-9899101,199915563-5671,086-1,4523785961,058409.01-270.05-476.02-1,892-780.96-771.31
Free Cash Flow Growth (YoY)
-11.26%-87.32%--10.41%-48.94%-2.65%----------
FCF Margin
-18.15%29.96%2.72%-19.25%20.05%29.98%24.34%11.52%-13.80%29.13%-43.59%9.09%16.92%36.66%15.71%-9.02%-21.79%-178.61%-79.52%-168.79%
Free Cash Flow Per Share
-3.274.920.42-3.613.314.343.362.13-2.023.86-5.191.342.114.151.60-1.06-1.87-7.42-3.07-3.03
Levered Free Cash Flow
9571,1471,16886.550049443-2116-7423-114-551.99-1,059443.48-435.75374.46-622.25-697.32-984.57
Unlevered Free Cash Flow
-679.911,614296.5-1,0891,0751,430839833-4011,348-1,177599842.011,220971.4-117.77-105.02-1,657-611.63-538.82
SEC Filings: 10-K · 10-Q