Royal Caribbean Cruises Quarterly Income Statement
NYSE: RCLConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:02 PM ET · Delayed 15 min
Royal Caribbean Cruises revenue and earnings
In the quarter ended Jun 30, 2026, Royal Caribbean Cruises generated $4.83 billion in revenue, up 6.5% from the same quarter a year earlier. Net income was $1.13 billion (-6.8% year over year), for a net margin of 23.3% versus a median of 21.1% in the prior 5 quarters. Gross margin was 47.3% (down from 49.7%) and operating margin 27.0%.
Diluted earnings per share came in at $4.20, down from $4.41.
Summary generated from market data by MetaCap's automated system. Methodology
Royal Caribbean Cruises income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.83B | 4.45B | 4.26B | 5.14B | 4.54B | 4.00B | 3.76B | 4.89B | 4.11B | 3.73B | 3.33B | 4.16B |
| 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% |
| Cost of Revenue | 2.55B | 2.25B | 2.24B | 2.48B | 2.28B | 2.08B | 2.05B | 2.39B | 2.15B | 2.06B | 1.89B | 2.14B |
| Gross Profit | 2.29B | 2.21B | 2.02B | 2.66B | 2.25B | 1.92B | 1.71B | 2.50B | 1.96B | 1.67B | 1.44B | 2.02B |
| Operating Expenses | 978.00M | 1.04B | 1.08B | 958.00M | 926.00M | 975.00M | 1.08B | 861.00M | 859.00M | 922.00M | 871.00M | 758.00M |
| Selling, General & Admin | 513.00M | 582.00M | 630.00M | 522.00M | 508.00M | 562.00M | 673.00M | 451.00M | 466.00M | 535.00M | 503.00M | 393.00M |
| Operating Income | 1.31B | 1.16B | 933.00M | 1.70B | 1.33B | 945.00M | 624.00M | 1.63B | 1.10B | 750.00M | 570.00M | 1.26B |
| Interest Expense | 236.00M | 278.00M | 267.00M | 248.00M | 228.00M | 249.00M | 266.00M | 603.00M | 298.00M | 424.00M | 346.48M | 340.62M |
| Other Income (Expense) | 7.00M | 2.00M | 71.00M | -123.00M | -115.00M | -210.00M | -65.00M | -519.00M | -241.00M | -386.00M | -291.00M | -254.00M |
| Pretax Income | 1.15B | 976.00M | — | — | 1.23B | 751.00M | — | — | — | — | — | — |
| Income Tax | 14.00M | 26.00M | — | — | 17.00M | 16.00M | — | — | — | — | — | — |
| Net Income | 1.13B | 941.00M | 754.00M | 1.57B | 1.21B | 730.00M | 552.00M | 1.11B | 854.00M | 360.00M | 277.00M | 1.01B |
| Net Income growth (YoY) | -6.78% | +28.90% | +36.59% | +41.76% | +41.69% | +102.78% | +99.28% | +10.11% | +86.06% | — | — | +2960.54% |
| EPS (Basic) | 4.21 | 3.49 | 2.80 | 5.79 | 4.45 | 2.71 | 2.06 | 4.22 | 3.32 | 1.40 | 1.09 | 3.94 |
| EPS (Diluted) | 4.20 | 3.48 | 2.76 | 5.74 | 4.41 | 2.70 | 2.27 | 4.21 | 3.11 | 1.35 | 1.15 | 3.65 |
| Shares Outstanding (Basic) | 268.00M | 270.00M | — | 272.00M | 272.00M | 269.00M | — | 263.00M | 257.00M | 257.00M | — | 256.00M |
| Shares Outstanding (Diluted) | 268.00M | 271.00M | — | 274.00M | 275.00M | 276.00M | — | 264.00M | 281.00M | 281.00M | — | 282.00M |
| EBITDA | 1.77B | 1.62B | 1.39B | 2.14B | 1.75B | 1.36B | 1.03B | 2.04B | 1.49B | 1.14B | 938.00M | 1.63B |
| 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% |
| 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% |
| Net Margin | 23.34% | 21.14% | 17.70% | 30.65% | 26.66% | 18.25% | 14.68% | 22.74% | 20.78% | 9.66% | 8.32% | 24.25% |
This table shows 12 quarterly periods of Royal Caribbean Cruises's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow RCL's reporting calendar. What is a income statement?