Royal Caribbean Cruises (RCL) Revenue — Quarter Ended Mar 31, 2026
Revenue rose compared with both the prior quarter and the same quarter a year ago, continuing an upward trend. The company delivered higher total revenues in the latest period.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue rose compared with both the prior quarter and the same quarter a year ago, continuing an upward trend. The company delivered higher total revenues in the latest period.
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
+4.5%
Change from the immediately preceding quarter.
Year-over-year
+11.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$18.4B
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 |
|---|---|---|
| Jun 30, 2025 | $4.5B | +10.4% |
| Sep 30, 2025 | $5.1B | +5.2% |
| Dec 31, 2025 | $4.3B | +13.3% |
| Mar 31, 2026 | $4.5B | +11.3% |
Revenue performance
Total revenues increased, driven by growth in both passenger ticket revenues and onboard and other revenues.
Quarterly comparison
Revenue improved from the immediately preceding quarter and was also higher than the same quarter one year earlier.
What to watch
Monitor whether the upward revenue trajectory can be sustained in coming quarters.