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