Growth Metrics

Royal Caribbean Cruises (RCL) Cost of Revenue (2016 - 2025)

Royal Caribbean Cruises (RCL) has disclosed Cost of Revenue for 17 consecutive years, with $2.2 billion as the latest value for Q4 2025.

  • Quarterly Cost of Revenue rose 9.26% to $2.2 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $9.1 billion through Dec 2025, up 4.99% year-over-year, with the annual reading at $9.1 billion for FY2025, 4.98% up from the prior year.
  • Cost of Revenue hit $2.2 billion in Q4 2025 for Royal Caribbean Cruises, down from $2.5 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.5 billion in Q3 2025 to a low of $41.8 million in Q1 2021.
  • Historically, Cost of Revenue has averaged $1.7 billion across 5 years, with a median of $2.0 billion in 2022.
  • Biggest five-year swings in Cost of Revenue: crashed 78.47% in 2021 and later surged 2742.07% in 2022.
  • Year by year, Cost of Revenue stood at $118.1 million in 2021, then surged by 1410.82% to $1.8 billion in 2022, then grew by 5.9% to $1.9 billion in 2023, then grew by 8.57% to $2.1 billion in 2024, then grew by 9.26% to $2.2 billion in 2025.
  • Business Quant data shows Cost of Revenue for RCL at $2.2 billion in Q4 2025, $2.5 billion in Q3 2025, and $2.3 billion in Q2 2025.