Royal Caribbean Group financials
$260.67+7.45%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 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 |
| 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 |
| Gross margin | 47.3% | 49.5% | 47.4% | 51.8% | 49.7% | 48.0% | 45.4% | 51.1% | 47.6% | 44.8% | 43.3% | 48.6% |
| Operating income | $1.31B | $1.16B | $934.0M | $1.70B | $1.33B | $945.0M | $625.0M | $1.63B | $1.10B | $750.0M | $570.0M | $1.26B |
| Net income | $1.13B | $941.0M | $754.0M | $1.57B | $1.21B | $730.0M | $552.0M | $1.11B | $854.0M | $360.0M | $277.0M | $1.01B |
| Net margin | 23.3% | 21.1% | 17.7% | 30.6% | 26.7% | 18.3% | 14.7% | 22.7% | 20.8% | 9.7% | 8.3% | 24.3% |
| Diluted EPS | $4.20 | $3.48 | $2.76 | $5.74 | $4.41 | $2.70 | $1.90 | $4.21 | $3.11 | $1.35 | $0.88 | $3.65 |
| EBITDA | $1.77B | $1.62B | $1.39B | $2.14B | $1.75B | $1.36B | $1.03B | $2.04B | $1.49B | $1.14B | $570.0M | $1.63B |
| Operating cash flow | $1.86B | $1.83B | $1.62B | $1.47B | $1.75B | $1.63B | $1.47B | $897.0M | $1.57B | $1.33B | $1.12B | $659.0M |
| Free cash flow | -$877.0M | $1.33B | $116.0M | -$989.0M | $910.0M | $1.20B | $915.0M | $563.0M | -$567.0M | $1.09B | -$1.45B | $378.0M |
| Diluted shares | 268.0M | 271.0M | 272.8M | 274.0M | 275.0M | 276.0M | 290.0M | 264.0M | 281.0M | 281.0M | 313.0M | 282.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $875.0M | $512.0M | $825.0M | $432.0M | $735.0M | $386.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $22.84B | $21.11B | $21.34B | $20.28B | $19.01B | $19.39B |
| Total assets | $44.64B | $41.99B | $41.62B | $40.11B | $38.54B | $37.45B |
| Total liabilities | $34.18B | $31.96B | $31.37B | $29.82B | $29.18B | $29.31B |
| Shareholders' equity | $10.46B | $10.03B | $10.24B | $10.29B | $9.36B | $8.14B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology