Royal Caribbean Cruises (RCL) Non Operating Income (2009 - 2025)

Royal Caribbean Cruises (RCL) reported Non Operating Income of -$123.0 million for Q3 2025, up 76.3% on a YoY basis from -$69.8 million in Q3 2024, and down 6.96% sequentially from -$115.0 million in Q2 2025.

Royal Caribbean Cruises (RCL) Non Operating Income (2009 - 2025) Analysis & Trends

Royal Caribbean Cruises (RCL) has 17 years of Non Operating Income data on file, last reported at -$123.0 million in Q3 2025.

  • For the quarter ending Q3 2025, Non Operating Income rose 76.3% year-over-year to -$123.0 million; the trailing twelve-month figure through Sep 2025 stood at -$513.0 million (up 64.3% YoY), and the FY2024 full-year result was -$1.2 billion, down 3.07% from the prior year.
  • Non Operating Income fell to -$123.0 million in Q3 2025, from -$115.0 million in the prior quarter.
  • In the past five years, Non Operating Income ranged from a high of -$65.0 million in Q4 2024 to a low of -$519.0 million in Q3 2024.
  • A 5-year average of -$295.4 million and a median of -$307.9 million in 2022 frame the typical range for Non Operating Income.
  • Across the five-year window, Non Operating Income plunged 146.88% in 2021 and soared 77.66% in 2024, its largest moves.
  • Tracing RCL's Non Operating Income over 5 years: stood at -$325.1 million in 2021, then tumbled by 58.02% to -$513.7 million in 2022, then surged by 43.35% to -$291.0 million in 2023, then soared by 77.66% to -$65.0 million in 2024, then slumped by 89.23% to -$123.0 million in 2025.
  • Business Quant data shows RCL's Non Operating Income at -$123.0 million in Q3 2025, -$115.0 million in Q2 2025, and -$210.0 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non Op. Inc. (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn -
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn -
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -
6 Carnival 34.61 Bn 32.38 Bn - -
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn -226.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn -165.99 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -10.06 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 -123.00 Mn
Jun 30, 2025 -115.00 Mn
Mar 31, 2025 -210.00 Mn
Dec 31, 2024 -65.00 Mn
Sep 30, 2024 -519.00 Mn
Jun 30, 2024 -241.00 Mn
Mar 31, 2024 -386.00 Mn
Dec 31, 2023 -291.00 Mn
Sep 30, 2023 -254.00 Mn
Jun 30, 2023 -308.00 Mn
Mar 31, 2023 -320.00 Mn
Dec 31, 2022 -513.67 Mn
Sep 30, 2022 -265.46 Mn
Jun 30, 2022 -302.94 Mn
Mar 31, 2022 -307.93 Mn
Dec 31, 2021 -325.06 Mn
Sep 30, 2021 -418.73 Mn
Jun 30, 2021 -323.72 Mn
Mar 31, 2021 -322.49 Mn
Dec 31, 2020 -350.39 Mn