Royal Caribbean Cruises (RCL) Current Deferred Revenue (2017 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Current Deferred Revenue came in at $6.5 billion in Q1 2026, up 3.38% year-on-year from $6.3 billion in Q1 2025, and up 111.23% quarter-over-quarter from $3.1 billion in Q4 2025.

Royal Caribbean Cruises (RCL) Current Deferred Revenue (2017 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed Current Deferred Revenue across 10 years of filings, most recently posting $6.5 billion for Q1 2026.

  • Current Deferred Revenue for Q1 2026 came in at $6.5 billion, up 3.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.5 billion (up 3.38% YoY), and the FY2025 annual result was $3.1 billion, up 10.71% from the prior year.
  • Current Deferred Revenue came in at $6.5 billion for Q1 2026 at Royal Caribbean Cruises, up from $3.1 billion in the prior quarter.
  • In the past five years, Current Deferred Revenue ranged from a high of $6.5 billion in Q1 2026 to a low of $1.6 billion in Q3 2022.
  • The 5-year median for Current Deferred Revenue is $2.9 billion (2024), against an average of $3.4 billion.
  • Across the five-year window, Current Deferred Revenue jumped 608.8% in 2022 and sank 47.41% in 2025, its largest moves.
  • Royal Caribbean Cruises' Current Deferred Revenue stood at $4.2 billion in 2022, then slumped by 37.62% to $2.6 billion in 2023, then grew by 7.69% to $2.8 billion in 2024, then grew by 10.71% to $3.1 billion in 2025, then jumped by 111.23% to $6.5 billion in 2026.
  • The last three Current Deferred Revenue figures came in at $6.5 billion (Q1 2026), $3.1 billion (Q4 2025), and $2.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
4 Carnival 37.80 Bn 36.39 Bn -
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
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
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 6.55 Bn
Dec 31, 2025 3.10 Bn
Sep 30, 2025 2.80 Bn
Jun 30, 2025 3.50 Bn
Mar 31, 2025 6.33 Bn
Dec 31, 2024 2.80 Bn
Sep 30, 2024 5.32 Bn
Jun 30, 2024 3.40 Bn
Mar 31, 2024 2.90 Bn
Dec 31, 2023 2.60 Bn
Sep 30, 2023 2.20 Bn
Jun 30, 2023 2.80 Bn
Mar 31, 2023 2.50 Bn
Dec 31, 2022 4.17 Bn
Sep 30, 2022 1.60 Bn
Jun 30, 2022 1.90 Bn
Mar 31, 2022 3.57 Bn
Dec 31, 2021 800.00 Mn
Sep 30, 2021 2.77 Bn
Jun 30, 2021 2.36 Bn