FINHUB Insights

RCL · Q2 FY25 · Apr 1 – Jun 30, 2025

Royal Caribbean Q2 FY25: where the revenue came from and where it went

Royal Caribbean Q2 FY25: revenue $4.5B (+10% year over year). Net profit $1.2B. Largest cohort Passenger $3.2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2025
Reported
Jul 29, 2025 10-Q
Sankey diagram of Royal Caribbean's income statement for Q2 FY25: revenue of $4.5 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$4.5B +10% year over year
Gross profit$2.3B 50% margin
Operating profit$1.3B 29% margin
Net profit$1.2B 27% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
ItemValueShare of revenueYear over year
Revenue 4.5 100% +10%
Passenger 3.2 71% +11%
Product and Service Other 1.3 29% +9%
Cost of revenue−2.351%
Gross profit2.350% margin+2pp
SG&A−0.511%+0pp
Other−0.49%+0pp
Operating profit1.329% margin+3pp
Interest & other costs−0.1
Net profit1.227%+6pp
Filing on EDGAR More quarters of RCL

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters