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 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 4,832 | 4,452 | 4,259 | 5,139 | 4,538 | 3,999 | 3,760 | 4,886 | 4,110 | 3,728 | 3,331 | 4,160 | 3,523 | 2,886 | 2,603 | 2,993 | 2,184 | 1,059 | 982.11 | 456.96 | |
Revenue Growth (YoY) | 6.48% | 11.33% | 13.27% | 5.18% | 10.41% | 7.27% | 12.88% | 17.45% | 16.66% | 29.18% | 27.95% | 38.99% | 61.29% | 172.46% | 165.09% | 555.00% | 4190.06% | 2421.14% | 2776.89% | - |
Cost of Revenue | 2,547 | 2,247 | 2,242 | 2,479 | 2,283 | 2,079 | 2,052 | 2,391 | 2,152 | 2,056 | 1,890 | 2,137 | 1,955 | 1,793 | 1,785 | 1,966 | 1,680 | 1,185 | 1,217 | 813.69 |
Gross Profit | 2,285 | 2,205 | 2,017 | 2,660 | 2,255 | 1,920 | 1,708 | 2,495 | 1,958 | 1,672 | 1,441 | 2,023 | 1,568 | 1,093 | 818.76 | 1,027 | 504.32 | -125.71 | -234.88 | -356.73 |
Selling, General & Admin | 513 | 582 | 630 | 522 | 508 | 562 | 673 | 451 | 466 | 535 | 503 | 393 | 435 | 461 | 444.43 | 373.12 | 371.43 | 394.03 | 502.98 | 323.42 |
Depreciation & Amortization Expenses | 464 | 461 | 453 | 435 | 417 | 412 | 410 | 410 | 393 | 387 | 368 | 365 | 362 | 360 | 360.91 | 355.09 | 351.54 | 339.47 | 333.49 | 325.91 |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.24 |
Total Operating Expenses | 977 | 1,043 | 1,083 | 957 | 925 | 974 | 1,083 | 861 | 859 | 922 | 871 | 758 | 797 | 821 | 805.34 | 728.2 | 722.97 | 733.5 | 836.47 | 649.09 |
Operating Income | 1,307 | 1,162 | 933 | 1,702 | 1,329 | 945 | 624 | 1,634 | 1,099 | 750 | 570 | 1,265 | 771 | 272 | 13.43 | 298.43 | -218.64 | -859.21 | -1,031 | -1,006 |
Interest Income | 72 | 89 | 108 | 161 | 119 | 50 | 60 | 110 | 60 | 46 | 55 | 94 | 52 | 35 | 41.48 | 85.95 | -6.69 | -27.74 | 5.73 | -25.3 |
Interest Expense | -236 | -278 | -267 | -248 | -228 | -249 | -266 | -603 | -298 | -424 | -347 | -340 | -355 | -360 | -431.45 | -352.19 | -302.71 | -277.66 | -284.01 | -430.66 |
Other Non-Operating Income (Expense) | 7 | 2 | - | -36 | 11 | 5 | - | -26 | -3 | -8 | - | -8 | -5 | 5 | -123.7 | 0.78 | 6.46 | -2.54 | -46.77 | 37.23 |
Total Non-Operating Income (Expense) | -157 | -187 | -159 | -123 | -98 | -194 | -206 | -519 | -241 | -386 | -292 | -254 | -308 | -320 | -513.67 | -265.46 | -302.94 | -307.93 | -325.06 | -418.73 |
Pretax Income | 1,150 | 976 | 774 | 1,579 | 1,232 | 751 | 418 | 1,115 | 858 | 364 | 278 | 1,011 | 463 | -48 | -500.24 | 32.97 | -521.58 | -1,167 | -1,356 | -1,425 |
Provision for Income Taxes | 14 | 26 | - | - | 17 | 16 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 1,136 | 950 | 762 | 1,579 | 1,214 | 736 | 559 | 1,115 | 858 | 364 | 279 | 1,011 | 463 | -48 | -500.24 | 32.97 | -521.58 | -1,167 | -1,356 | -1,425 |
Minority Interest in Earnings | 8 | 8 | 8 | 4 | 5 | 6 | 6 | 4 | 4 | 4 | 2 | 2 | 4 | - | - | - | - | - | - | - |
Net Income to Common | 1,128 | 941 | 754 | 1,575 | 1,210 | 730 | 552 | 1,111 | 854 | 360 | 277 | 1,009 | 459 | -48 | -500.24 | 32.97 | -521.58 | -1,167 | -1,356 | -1,425 |
Net Income Growth (YoY) | -6.78% | 28.90% | 36.59% | 41.76% | 41.69% | 102.78% | 99.28% | 10.11% | 86.06% | - | - | 2960.54% | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 268 | 270 | 271 | 272 | 272 | 269 | 269 | 263 | 257 | 257 | 256 | 256 | 256 | 255 | 255 | 255 | 255 | 255 | 255 | 255 |
Shares Outstanding (Diluted) | 268 | 271 | 273 | 274 | 275 | 276 | 272 | 264 | 281 | 281 | 280 | 282 | 282 | 255 | 255 | 255 | 255 | 255 | 255 | 255 |
Shares Change (YoY) | -2.54% | -1.81% | 0.37% | 3.79% | -2.14% | -1.78% | -2.86% | -6.38% | -0.36% | 10.20% | 9.80% | 10.42% | 10.60% | 0.07% | 0.08% | 0.26% | 0.15% | 4.86% | 13.45% | 18.93% |
EPS (Basic) | 4.21 | 3.49 | 2.78 | 5.79 | 4.45 | 2.71 | 2.06 | 4.22 | 3.32 | 1.40 | 1.09 | 3.94 | 1.79 | -0.19 | -1.96 | 0.13 | -2.05 | -4.58 | -5.33 | -5.59 |
EPS (Diluted) | 4.20 | 3.48 | 2.76 | 5.74 | 4.41 | 2.70 | 2.02 | 4.21 | 3.11 | 1.35 | 1.06 | 3.65 | 1.70 | -0.19 | -1.96 | 0.13 | -2.05 | -4.58 | -5.33 | -5.59 |
EPS Growth (YoY) | -4.76% | 28.89% | 36.63% | 36.34% | 41.80% | 100.00% | 90.57% | 15.34% | 82.94% | - | - | 2707.69% | - | - | - | - | - | - | - | - |
Free Cash Flow | -877 | 1,334 | 116 | -989 | 910 | 1,199 | 915 | 563 | -567 | 1,086 | -1,452 | 378 | 596 | 1,058 | 409.01 | -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% | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow Per Share | -3.27 | 4.92 | 0.42 | -3.61 | 3.31 | 4.34 | 3.36 | 2.13 | -2.02 | 3.86 | -5.19 | 1.34 | 2.11 | 4.15 | 1.60 | -1.06 | -1.87 | -7.42 | -3.07 | -3.03 |
Dividends Per Share | - | 1.500 | 1.000 | 1.000 | 0.750 | 0.750 | 0.550 | 0.400 | - | - | - | - | - | - | - | - | - | - | - | - |
Dividend Growth (YoY) | - | 100.00% | 81.82% | 150.00% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Margin | 47.29% | 49.53% | 47.36% | 51.76% | 49.69% | 48.01% | 45.43% | 51.06% | 47.64% | 44.85% | 43.26% | 48.63% | 44.51% | 37.87% | 31.45% | 34.30% | 23.09% | -11.87% | -23.92% | -78.07% |
Operating Margin | 27.05% | 26.10% | 21.91% | 33.12% | 29.29% | 23.63% | 16.60% | 33.44% | 26.74% | 20.12% | 17.11% | 30.41% | 21.88% | 9.42% | 0.52% | 9.97% | -10.01% | -81.12% | -105.02% | -220.11% |
Profit Margin | 23.51% | 21.34% | 17.89% | 30.73% | 26.75% | 18.40% | 14.87% | 22.82% | 20.88% | 9.76% | 8.38% | 24.30% | 13.14% | -1.66% | -19.21% | 1.10% | -23.88% | -110.19% | -138.12% | -311.75% |
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% |
EBITDA | 1,771 | 1,623 | 1,386 | 2,138 | 1,746 | 1,357 | 1,034 | 2,044 | 1,492 | 1,137 | 938 | 1,631 | 1,132 | 632 | 374.33 | 653.51 | 132.9 | -519.74 | -697.92 | -679.92 |
EBITDA Margin | 36.65% | 36.46% | 32.54% | 41.60% | 38.48% | 33.93% | 27.50% | 41.83% | 36.30% | 30.50% | 28.16% | 39.21% | 32.13% | 21.90% | 14.38% | 21.83% | 6.08% | -49.07% | -71.06% | -148.79% |
EBIT | 1,307 | 1,162 | 933 | 1,702 | 1,329 | 945 | 624 | 1,634 | 1,099 | 750 | 570 | 1,265 | 771 | 272 | 13.43 | 298.43 | -218.64 | -859.21 | -1,031 | -1,006 |
EBIT Margin | 27.05% | 26.10% | 21.91% | 33.12% | 29.29% | 23.63% | 16.60% | 33.44% | 26.74% | 20.12% | 17.11% | 30.41% | 21.88% | 9.42% | 0.52% | 9.97% | -10.01% | -81.12% | -105.02% | -220.11% |
Effective Tax Rate | 1.22% | 2.66% | 0.00% | 0.00% | 1.38% | 2.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |