Royal Caribbean Cruises (RCL) Net Cash Flow (2009 - 2026)
Royal Caribbean Cruises (RCL) posted Net Cash Flow of $363.0 million for Q2 2026, up 216.35% sequentially from -$312.0 million in Q1 2026, and up 5.52% YoY from $344.0 million in Q2 2025.
Royal Caribbean Cruises (RCL) Net Cash Flow (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has reported Net Cash Flow for 18 years, with the latest figure at $363.0 million in Q2 2026.
- Quarterly Net Cash Flow rose 5.52% year-over-year to $363.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $146.0 million (down 57.18% YoY) and the FY2025 annual result came in at $435.0 million, up 522.33% from the prior year.
- Net Cash Flow improved to $363.0 million in Q2 2026 per RCL's latest filing, from -$312.0 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $398.0 million in Q4 2025 and troughed at -$734.3 million in Q1 2022.
- A 5-year average of -$101.2 million and a median of -$52.0 million in 2024 frame the typical range for Net Cash Flow.
- The sharpest annual moves came in 2025 and 2026: Net Cash Flow surged 1630.77% in 2025, then plunged 7700.0% in 2026.
- Over 5 years, Net Cash Flow stood at $367.8 million in 2022, then plunged by 128.55% to -$105.0 million in 2023, then surged by 75.24% to -$26.0 million in 2024, then soared by 1630.77% to $398.0 million in 2025, then retreated by 8.79% to $363.0 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered $363.0 million, -$312.0 million, and $398.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 1.44 Bn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 1.49 Bn |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 363.00 Mn |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 765.47 Mn |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 808.00 Mn |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 1.30 Bn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 33.05 Mn |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | -50.79 Mn |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 74.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 363.00 Mn |
| Jun 30, 2026 | 363.00 Mn |
| Mar 31, 2026 | -312.00 Mn |
| Mar 31, 2026 | -312.00 Mn |
| Dec 31, 2025 | 398.00 Mn |
| Dec 31, 2025 | 398.00 Mn |
| Sep 30, 2025 | -303.00 Mn |
| Sep 30, 2025 | -303.00 Mn |
| Jun 30, 2025 | 344.00 Mn |
| Jun 30, 2025 | 344.00 Mn |
| Mar 31, 2025 | -4.00 Mn |
| Mar 31, 2025 | -4.00 Mn |
| Dec 31, 2024 | -26.00 Mn |
| Dec 31, 2024 | -26.00 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | -45.00 Mn |
| Jun 30, 2024 | -45.00 Mn |
| Mar 31, 2024 | -59.00 Mn |
| Mar 31, 2024 | -59.00 Mn |