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| Date | Value |
|---|---|
| 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 |