Royal Caribbean Cruises (RCL) Revenue — Quarter Ended Sep 30, 2025
Revenue increased in the current quarter compared to the prior quarter. The growth was driven by higher passenger ticket revenues and onboard and other revenues.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue increased in the current quarter compared to the prior quarter. The growth was driven by 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
$5.1B
Revenue reported for this quarter.
Quarter-over-quarter
+13.2%
Change from the immediately preceding quarter.
Year-over-year
+5.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.4B
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 |
|---|---|---|
| Dec 31, 2024 | $3.8B | +12.9% |
| Mar 31, 2025 | $4B | +7.3% |
| Jun 30, 2025 | $4.5B | +10.4% |
| Sep 30, 2025 | $5.1B | +5.2% |
Revenue performance
Total revenues rose from the immediately preceding quarter, reflecting continued demand for cruise vacations.
Quarterly comparison
Compared to the same quarter one year earlier, total revenues were higher, with increases in both passenger ticket revenues and onboard and other revenues.
What to watch
The filing context does not provide specific risk factors or management discussion beyond standard headings.