Royal Caribbean Cruises Ltd.

RCL ·Industrials, Marine Shipping, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024
Revenue $4.83B $4.45B $4.26B $5.14B $4.54B $4.00B $3.76B $4.89B
Cost of Revenue $2.55B $2.25B $2.24B $2.48B $2.28B $2.08B $2.05B $2.39B
Gross Profit $2.29B $2.21B $2.02B $2.66B $2.26B $1.92B $1.71B $2.50B
Gross Margin 47.3% 49.5% 47.4% 51.8% 49.7% 48.0% 45.4% 51.1%
Operating Expenses
Research & Development
SG&A Expense $513.0M $582.0M $631.0M $522.0M $508.0M $562.0M $673.0M $451.0M
Operating Income $1.31B $1.16B $934.0M $1.70B $1.33B $945.0M $623.0M $1.63B
Operating Margin 27.0% 26.1% 21.9% 33.1% 29.3% 23.6% 16.6% 33.4%
Interest Expense
Pretax Income $1.15B $976.0M $1.23B $751.0M
Income Tax Expense $14.0M $26.0M $17.0M $16.0M
Net Income $1.13B $941.0M $753.0M $1.58B $1.21B $730.0M $552.0M $1.11B
Net Margin 23.3% 21.1% 17.7% 30.6% 26.7% 18.3% 14.7% 22.7%
EPS (Basic) $4.21 $3.49 $2.80 $5.79 $4.45 $2.71 $2.06 $4.22
EPS (Diluted) $4.20 $3.48 $2.76 $5.74 $4.41 $2.70 $2.27 $4.21
Shares Outstanding (Basic) 268.0M 270.0M 271.0M 272.0M 272.0M 269.0M 261.0M 263.0M
Shares Outstanding (Diluted) 268.0M 271.0M 274.0M 274.0M 275.0M 276.0M 279.0M 264.0M
Dividends Per Share $1.50 $1.50 $1.00 $1.00 $0.75 $0.75 $0.55 $0.40
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