Royal Caribbean Group (RCL) income statement
NYSE · Consumer Cyclical · Travel Services · 107,975 employees · CEO Jason T. Liberty
- Price
- $307.18 -1.08%
- Market cap
- $82.2B
- Enterprise value
- $104B
- Last report
- Q3 '26 filed 2026-10-27
- Next report
- 2027-02-04 EPS est. $3.59
Royal Caribbean Group (RCL) reported revenue of $5.59B for Q3 '26 (+8.8% year on year), operating income of $1.87B (33.5% of revenue) and net income of $1.73B. Over the last four quarters revenue was $19.1B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.33B | $3.73B | $4.11B | $4.89B | $3.76B | $4B | $4.54B | $5.14B | $4.26B | $4.45B | $4.83B | $5.59B | |
| Cost of revenue | $1.89B | $2.06B | $2.15B | $2.39B | $2.05B | $2.08B | $2.28B | $2.48B | $2.7B | $2.25B | $2.55B | $2.71B | |
| Gross profit | $1.44B | $1.67B | $1.96B | $2.5B | $1.71B | $1.92B | $2.26B | $2.66B | $1.56B | $2.21B | $2.29B | $2.88B | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $582M | $0 | $519M | |
| Other operating expenses | $368M | $387M | $393M | $410M | $412M | $414M | $418M | $436M | $1M | $461M | $464M | $490M | |
| Operating expenses | $871M | $922M | $859M | $861M | $1.09B | $976M | $926M | $958M | $631M | $1.04B | $977M | $1.01B | |
| Operating income | $570M | $750M | $1.1B | $1.63B | $624M | $945M | $1.33B | $1.7B | $933M | $1.16B | $1.31B | $1.87B | |
| Interest income | $4.14M | $5M | $4M | $4M | $3M | $2M | $12M | $3M | $7M | $5M | $5M | $5M | |
| Interest expense | $346M | $424M | $298M | $603M | $266M | $249M | $228M | $248M | $267M | $278M | $236M | $291M | |
| Other non-operating income (gains on investments, FX ...) | -$55.7M | -$38M | -$57M | -$84M | -$202M | -$41M | -$114M | -$121M | -$111M | -$92M | -$79M | -$182M | |
| Total non-operating income | -$291M | -$386M | -$241M | -$519M | -$64M | -$208M | -$114M | -$127M | -$156M | -$186M | -$157M | -$109M | |
| Income before tax | $279M | $364M | $858M | $1.12B | $560M | $737M | $1.22B | $1.58B | $777M | $976M | $1.15B | $1.76B | |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15M | $26M | $14M | $27M | |
| Net income | $277M | $360M | $854M | $1.11B | $552M | $730M | $1.21B | $1.58B | $754M | $941M | $1.13B | $1.73B | |
| EPS (basic) | $1.09 | $1.40 | $3.32 | $4.22 | $2.02 | $2.71 | $4.45 | $5.79 | $2.78 | $3.49 | $4.21 | $6.46 | |
| EPS (diluted) | $1.06 | $1.35 | $3.11 | $4.21 | $2.00 | $2.70 | $4.41 | $5.74 | $2.76 | $3.48 | $4.20 | $6.45 | |
| Shares (basic, weighted) | 256M | 257M | 257M | 263M | 269M | 269M | 272M | 272M | 271M | 270M | 269M | 267M | |
| Shares (diluted, weighted) | 280M | 281M | 281M | 264M | 277M | 276M | 275M | 274M | 273M | 271M | 270M | 268M | |
| Depreciation & amortization | $368M | $387M | $393M | $410M | $410M | $412M | $417M | $436M | $453M | $461M | $464M | $490M | |
| EBITDA | $993M | $1.18B | $1.55B | $2.13B | $1.24B | $1.4B | $1.86B | $2.26B | $1.5B | $1.72B | $1.85B | $2.54B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.5B | $8.78B | $9.49B | $11B | $2.21B | $1.53B | $8.84B | $13.9B | $16.5B | $17.9B | |
| Cost of revenue | $5.02B | $4.9B | $5.26B | $6.06B | $2.77B | $2.74B | $6.62B | $7.78B | $8.65B | $9.54B | |
| Gross profit | $3.48B | $3.88B | $4.23B | $4.89B | -$556M | -$1.21B | $2.22B | $6.13B | $7.83B | $8.4B | |
| Other operating expenses | $895M | $951M | $1.03B | $1.25B | $2.85B | $1.29B | $1.41B | $1.46B | $1.6B | $1.27B | |
| Operating expenses | $2B | $2.14B | $2.34B | $2.81B | $4.05B | $2.66B | $2.99B | $3.25B | $3.73B | $3.49B | |
| Operating income | $1.48B | $1.74B | $1.89B | $2.08B | -$4.6B | -$3.87B | -$766M | $2.88B | $4.11B | $4.91B | |
| Interest income | $20.9M | $30.1M | $32.8M | $26.9M | $21M | $17M | $36M | $36M | $16M | $24M | |
| Interest expense | $307M | $300M | $334M | $409M | $844M | $1.29B | $1.36B | $1.4B | $1.59B | $992M | |
| Other non-operating income (gains on investments, FX ...) | -$114M | -$181M | -$255M | -$233M | $329M | $98M | $26M | -$228M | -$381M | -$387M | |
| Total non-operating income | -$194M | -$119M | -$79M | -$175M | -$1.17B | -$1.39B | -$1.39B | -$1.17B | -$1.21B | -$605M | |
| Income before tax | $1.28B | $1.63B | $1.82B | $1.91B | -$5.78B | -$5.26B | -$2.16B | $1.7B | $2.9B | $4.3B | |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15M | |
| Net income | $1.28B | $1.63B | $1.81B | $1.88B | -$5.8B | -$5.26B | -$2.16B | $1.7B | $2.88B | $4.27B | |
| EPS (basic) | $5.96 | $7.57 | $8.60 | $8.97 | -$27.05 | -$20.89 | -$8.45 | $6.63 | $11.00 | $15.73 | |
| EPS (diluted) | $5.93 | $7.53 | $8.56 | $8.95 | -$27.05 | -$20.89 | -$8.45 | $6.31 | $10.94 | $15.61 | |
| Shares (basic, weighted) | 215M | 215M | 211M | 209M | 214M | 252M | 255M | 256M | 261M | 271M | |
| Shares (diluted, weighted) | 216M | 216M | 212M | 210M | 214M | 252M | 255M | 283M | 279M | 273M | |
| Depreciation & amortization | $895M | $951M | $1.03B | $1.25B | $1.28B | $1.29B | $1.41B | $1.46B | $1.6B | $1.72B | |
| EBITDA | $2.49B | $2.88B | $3.18B | $3.56B | -$3.65B | -$2.68B | $615M | $4.56B | $6.09B | $7.01B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01