Royal Caribbean Group (RCL) Financials
Key financial figures for Royal Caribbean Group (Q3 2026).
Royal Caribbean Q3 2026 adjusted EPS of $6.57 came in above its own $6.26-$6.36 guidance range, and full-year adjusted EPS guidance rose to $17.85-$17.95 from $17.73-$17.87. Revenue was $5,591 million, up 8.8% from $5,139 million a year earlier (calculated from the income statement; the release says 9%). Diluted EPS was $6.45 versus $5.74, and Adjusted EPS was $6.57 versus $5.75. Adjusted EPS beat the company's own Q3 guidance of $6.26 to $6.36 given in the Q2 release. The company attributed the beat to strong close-in demand and lower costs due to timing, with part of the cost savings shifting into the fourth quarter. On the outlook: Full year 2026 Adjusted EPS $17.85 to $17.95 (prior range $17.73 to $17.87); fourth quarter Adjusted EPS $3.48 to $3.58; fourth quarter Net Yields +4.4% to +4.9% as-reported (+4.2% to +4.7% Constant Currency); full year Net Yields approximately +2.7% as-reported (approximately +2.1% Constant Currency) and Net Cruise Costs ex. Fuel per APCD approximately +0.4% as-reported; full year capital expenditures approximately $4.6 billion; full year capacity +6.6%. Figures are for Q3 2026, as Royal Caribbean Group reported them.
- Revenue
- $5.6B
- Net Income
- $1.7B
- EPS
- $6.46
- Total Assets
- $44.8B
- Operating Cash Flow
- $1.6B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $5.6B | $1.7B | $6.45 | 33.46% | $937M |
| Q2 FY2026 | $4.8B | $1.1B | $4.20 | 27.05% | -$877M |
| Q1 FY2026 | $4.5B | $941M | $3.48 | 26.1% | $1.3B |
| Q4 FY2025 | $4.3B | $754M | $2.76 | 21.91% | $116M |
| Q3 FY2025 | $5.1B | $1.6B | $5.74 | 33.12% | -$989M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $17.9B | $4.3B | $15.61 | 27.37% | $1.2B |
| FY2024 | $16.5B | $2.9B | $10.94 | 24.91% | $2.0B |
| FY2023 | $13.9B | $1.7B | $6.31 | 20.71% | $580M |
Frequently asked questions
What was Royal Caribbean Group's revenue last quarter?
Royal Caribbean Group reported revenue of $5.59 billion for Q3 FY2026, up 8.8% from the same period a year earlier.
Is Royal Caribbean Group profitable?
Yes. Royal Caribbean Group reported net income of $1.73 billion for Q3 FY2026, a net margin of 30.91% on revenue.
How has Royal Caribbean Group's margin trended?
Operating margin was 33.46% in Q3 FY2026, compared with 33.12% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Royal Caribbean Group generate?
Royal Caribbean Group generated free cash flow of $937.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Royal Caribbean Group on SentiSense, with up to forty quarters and twenty fiscal years of history.