Royal Caribbean Cruises (RCL) Revenue — Quarter Ended Jun 30, 2025
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects higher passenger ticket revenues and onboard and other revenues.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects higher passenger ticket revenues and onboard and other revenues.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.5B
Revenue reported for this quarter.
Quarter-over-quarter
+13.5%
Change from the immediately preceding quarter.
Year-over-year
+10.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.2B
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, 2024 | $4.9B | +17.5% |
| Dec 31, 2024 | $3.8B | +12.9% |
| Mar 31, 2025 | $4B | +7.3% |
| Jun 30, 2025 | $4.5B | +10.4% |
Revenue performance
Total revenue rose from the immediately preceding quarter, driven by increases in both passenger ticket revenues and onboard and other revenues.
Quarterly comparison
Compared to the same quarter one year earlier, total revenue was higher, with passenger ticket revenues and onboard and other revenues both showing improvement.
What to watch
Monitor the trend in onboard and other revenues, as it contributed to the quarter's growth alongside ticket revenues.