Royal Caribbean Cruises (RCL) Current Deferred Revenue (2013 - 2026)
Royal Caribbean Cruises (RCL) reported Current Deferred Revenue of $3.5 billion for Q1 2026, up 6.06% on a YoY basis from $3.3 billion in Q1 2025, and down 39.01% sequentially from $5.7 billion in Q4 2025.
Royal Caribbean Cruises (RCL) Current Deferred Revenue (2013 - 2026) Analysis & Trends
Royal Caribbean Cruises (RCL) has 14 years of Current Deferred Revenue data on file, last reported at $3.5 billion in Q1 2026.
- For the quarter ending Q1 2026, Current Deferred Revenue rose 6.06% year-over-year to $3.5 billion; the trailing twelve-month figure through Mar 2026 stood at $3.5 billion (up 6.06% YoY), and the FY2025 full-year result was $5.7 billion, up 4.42% from the prior year.
- Current Deferred Revenue retreated to $3.5 billion in Q1 2026, from $5.7 billion in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $6.4 billion in Q2 2025 to a low of $111.9 million in Q2 2023.
- A 5-year average of $4.0 billion and a median of $3.8 billion in 2022 frame the typical range for Current Deferred Revenue.
- Across the five-year window, Current Deferred Revenue jumped 7806.88% in 2022 and tumbled 97.32% in 2023, its largest moves.
- Tracing RCL's Current Deferred Revenue over 5 years: stood at $4.2 billion in 2022, then gained by 27.42% to $5.3 billion in 2023, then climbed by 3.48% to $5.5 billion in 2024, then climbed by 4.42% to $5.7 billion in 2025, then slumped by 39.01% to $3.5 billion in 2026.
- Business Quant data shows RCL's Current Deferred Revenue at $3.5 billion in Q1 2026, $5.7 billion in Q4 2025, and $5.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 147.33 Bn | 131.30 Bn | 3.46 Bn |
| 2 | Airbnb | 87.37 Bn | 75.37 Bn | 2.10 Bn |
| 3 | Royal Caribbean Cruises | 78.48 Bn | 77.74 Bn | 2.21 Bn |
| 4 | Yatra Online | 56.11 Bn | 56.08 Bn | 10.44 Mn |
| 5 | Viking Holdings | 44.46 Bn | 40.66 Bn | 713.43 Mn |
| 6 | Carnival | 37.05 Bn | 34.81 Bn | - |
| 7 | Expedia | 34.04 Bn | 31.54 Bn | 3.05 Bn |
| 8 | Trip.com | 29.07 Bn | 17.38 Bn | 1.86 Bn |
| 9 | Norwegian Cruise Line Holdings | 8.91 Bn | 8.73 Bn | 953.34 Mn |
| 10 | MakeMyTrip | 5.32 Bn | 4.89 Bn | 199.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.50 Bn |
| Dec 31, 2025 | 5.74 Bn |
| Sep 30, 2025 | 5.60 Bn |
| Jun 30, 2025 | 6.38 Bn |
| Mar 31, 2025 | 3.30 Bn |
| Dec 31, 2024 | 5.50 Bn |
| Sep 30, 2024 | 2.60 Bn |
| Jun 30, 2024 | 3.40 Bn |
| Mar 31, 2024 | 6.04 Bn |
| Dec 31, 2023 | 5.31 Bn |
| Sep 30, 2023 | 2.20 Bn |
| Jun 30, 2023 | 111.86 Mn |
| Mar 31, 2023 | 2.50 Bn |
| Dec 31, 2022 | 4.17 Bn |
| Sep 30, 2022 | 3.77 Bn |
| Jun 30, 2022 | 4.17 Bn |
| Mar 31, 2022 | 3.57 Bn |
| Dec 31, 2021 | 3.16 Bn |
| Sep 30, 2021 | 2.77 Bn |
| Jun 30, 2021 | 52.72 Mn |