Royal Caribbean Cruises (RCL) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to the prior quarter and rose sharply versus the same quarter last year. The company reported higher passenger ticket revenues and onboard spending.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to the prior quarter and rose sharply versus the same quarter last year. The company reported higher passenger ticket revenues and onboard spending.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.5B
Revenue reported for this quarter.
Quarter-over-quarter
+22.1%
Change from the immediately preceding quarter.
Year-over-year
+61.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$12B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $3B | +555.0% |
| Dec 31, 2022 | $2.6B | +165.1% |
| Mar 31, 2023 | $2.9B | +172.5% |
| Jun 30, 2023 | $3.5B | +61.3% |
Revenue performance
Total revenue for the quarter was higher than the immediately preceding quarter, reflecting continued improvement in demand.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was substantially higher, driven by growth in both passenger ticket and onboard revenues. The sequential increase from the prior quarter was also positive.
What to watch
The filing context does not provide specific risk factors or management discussion beyond standard headings.