Royal Caribbean Cruises (RCL) Change in Inventory (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Change in Inventory came in at $7.0 million in Q1 2026, up 177.78% year-on-year from $2.5 million in Q1 2025, and up 275.0% quarter-over-quarter from -$4.0 million in Q4 2025.

Royal Caribbean Cruises (RCL) Change in Inventory (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed Change in Inventory across 18 years of filings, most recently posting $7.0 million for Q1 2026.

  • Change in Inventory for Q1 2026 came in at $7.0 million, up 177.78% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.0 million (down 20.0% YoY), and the FY2024 annual result was $17.0 million, down 29.17% from the prior year.
  • Change in Inventory came in at $7.0 million for Q1 2026 at Royal Caribbean Cruises, up from -$4.0 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $49.6 million in Q2 2022 to a low of -$13.0 million in Q4 2022.
  • The 5-year median for Change in Inventory is $6.0 million (2023), against an average of $7.6 million.
  • Across the five-year window, Change in Inventory jumped 688.62% in 2022 and plunged 300.0% in 2024, its largest moves.
  • Royal Caribbean Cruises' Change in Inventory stood at -$13.0 million in 2022, then jumped by 146.29% to $6.0 million in 2023, then jumped by 283.33% to $23.0 million in 2024, then tumbled by 117.39% to -$4.0 million in 2025, then soared by 275.0% to $7.0 million in 2026.
  • The last three Change in Inventory figures came in at $7.0 million (Q1 2026), -$4.0 million (Q4 2025), and $21.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 7.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 3.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 27.65 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 78.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 7.00 Mn
Mar 31, 2026 7.00 Mn
Dec 31, 2025 -4.00 Mn
Dec 31, 2025 -4.00 Mn
Sep 30, 2025 21.00 Mn
Sep 30, 2025 21.00 Mn
Jun 30, 2025 -8.00 Mn
Jun 30, 2025 -8.00 Mn
Mar 31, 2025 -9.00 Mn
Mar 31, 2025 -9.00 Mn
Sep 30, 2024 23.00 Mn
Sep 30, 2024 23.00 Mn
Jun 30, 2024 6.00 Mn
Jun 30, 2024 6.00 Mn
Mar 31, 2024 -12.00 Mn
Mar 31, 2024 -12.00 Mn
Dec 31, 2023 6.00 Mn
Dec 31, 2023 6.00 Mn
Sep 30, 2023 26.00 Mn
Sep 30, 2023 26.00 Mn