Royal Caribbean Cruises (RCL) Revenue — Quarter Ended Dec 31, 2024
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the quarter declined compared to the immediately preceding quarter. However, revenue increased relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8B
Revenue reported for this quarter.
Quarter-over-quarter
-23.0%
Change from the immediately preceding quarter.
Year-over-year
+12.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.5B
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 |
|---|---|---|
| Mar 31, 2024 | $3.7B | +29.2% |
| Jun 30, 2024 | $4.1B | +16.7% |
| Sep 30, 2024 | $4.9B | +17.5% |
| Dec 31, 2024 | $3.8B | +12.9% |
Revenue performance
The reported revenue moved downward from the prior quarter, reflecting a sequential contraction. The year-over-year comparison showed an upward trajectory, indicating growth from the same period last year.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was lower. Compared with the same quarter one year earlier, revenue was higher.
What to watch
The sequential decline in revenue warrants attention given the prior quarters had shown consistent growth.