Royal Caribbean

RCL Consumer Discretionary Market cap $68.3B as of Sep 14, 2026 16:00 ET S&P 500

Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 30, 2026

Revenue$4.45B +11% year over year

Gross profit$2.21B 50% margin

Operating profit$1.16B 26% margin

Net profit$0.94B 21% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.45	100%	+11%
Passenger	3.02	68%	+10%
Product & service other	1.43	32%	+14%
Cost of revenue	−2.25	50%
Gross profit	2.21	50% margin	+2pp
SG&A	−0.58	13%	−1pp
Other	−0.46	10%	+0pp
Operating profit	1.16	26% margin	+2pp
Interest & other costs	−0.20
Tax	−0.03
Net profit	0.94	21% margin	+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.26	100%	+13%
Passenger	2.94	69%	+13%
Product & service other	1.32	31%	+14%
Cost of revenue	−2.24	53%
Gross profit	2.02	47% margin	+2pp
SG&A	−0.63	15%	−3pp
Other	−0.45	10%	+0pp
Operating profit	0.93	22% margin	+5pp
Interest & other costs	−0.18
Net profit	0.75	18% margin	+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	5.14	100%	+5%
Passenger	3.64	71%	+5%
Product & service other	1.50	29%	+6%
Cost of revenue	−2.48	48%
Gross profit	2.66	52% margin	+1pp
SG&A	−0.52	10%	+1pp
Other	−0.44	9%	+0pp
Operating profit	1.70	33% margin	+0pp
Interest & other costs	−0.13
Net profit	1.58	31% margin	+8pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.54	100%	+10%
Passenger	3.20	70%	+11%
Product & service other	1.34	30%	+9%
Cost of revenue	−2.28	50%
Gross profit	2.26	50% margin	+2pp
SG&A	−0.51	11%	+0pp
Other	−0.42	9%	+0pp
Operating profit	1.33	29% margin	+3pp
Interest & other costs	−0.12
Net profit	1.21	27% margin	+6pp

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 30, 2026 Operating margin 26% Net profit $0.9B	Jan 1 – Mar 31, 2026	Apr 30, 2026	$4.45B	+11%	26%	$0.9B	21%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 11, 2026 Operating margin 22% Net profit $0.8B	Oct 1 – Dec 31, 2025	Feb 11, 2026	$4.26B	+13%	22%	$0.8B	18%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Oct 28, 2025 Operating margin 33% Net profit $1.6B	Jul 1 – Sep 30, 2025	Oct 28, 2025	$5.14B	+5%	33%	$1.6B	31%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Jul 29, 2025 Operating margin 29% Net profit $1.2B	Apr 1 – Jun 30, 2025	Jul 29, 2025	$4.54B	+10%	29%	$1.2B	27%