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Saturday 17 October 2026 Export RCL’s income statement to Excel — free account

Royal Caribbean Cruises Ltd.

RCL Consumer Cyclical Travel Services

Royal Caribbean Cruises Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $17.9 billion, up 8.80% from fiscal 2024. In the quarter to June 2026, revenue grew 6.48%, EPS fell 5.39%, free cash flow fell 196.4% and total debt rose 20.1%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for five.

277.68 2.33 −0.83%
Market cap
$74.9B
P/E
17.1×
Fwd P/E
16.3×
Dividend yield
1.98%
F-score
7/9
Altman Z
2.18
Beneish M
−2.86
Dividend safety
57/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Royal Caribbean Cruises Ltd. (RCL) Revenue

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Royal Caribbean Cruises Ltd.'s revenue for fiscal 2025 was $17.9B, up 8.80% from $16.5B in fiscal 2024. Over the twelve months to 30 June 2026 it was $18.7B. Over the past ten years it has ranged from $1.5B (fiscal 2021) to $17.9B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 4 consecutive fiscal years. Royal Caribbean Cruises Ltd. ranks 3rd of 17 Travel Services companies by revenue.

Revenue, annual

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Annual newest first

Period Revenue Change
FY2025 $17.9B 8.80%
FY2024 $16.5B 18.59%
FY2023 $13.9B 57.24%
FY2022 $8.8B 477.02%
FY2021 $1.5B (30.64%)
FY2020 $2.2B (79.83%)
FY2019 $11.0B 15.34%
FY2018 $9.5B 8.16%
FY2017 $8.8B 3.31%
FY2016 $8.5B 2.38%

Quarterly newest first

Period Revenue Change
Jun 2026 $4.8B 8.54%
Mar 2026 $4.5B 4.53%
Dec 2025 $4.3B (17.12%)
Sep 2025 $5.1B 13.24%
42 more quarters

Against its own ten years

Low $1.5B High $17.9B
Ten-year median $8.8B
Current reading's percentile 100

Revenue against peers

Company Revenue
BKNG Booking Holdings Inc. compare $28.2B
CCL Carnival Corporation compare $27.6B
RCL Royal Caribbean Cruises Ltd. $18.7B
EXPE Expedia Group, Inc. compare $15.7B
ABNB Airbnb, Inc. compare $13.2B
NCLH Norwegian Cruise Line Holdings Ltd. compare $10.2B
TCOM Trip.com Group Limited Sponsored ADR compare $9.6B
VIK Viking Holdings Ltd. compare $7.0B
MMYT MakeMyTrip Limited compare $1.1B

What Revenue is

Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.

Reported line item

The full definition of Revenue →

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