Royal Caribbean Cruises (RCL) Operating Expenses (2009 - 2026)

Royal Caribbean Cruises (RCL) has 18 years of Operating Expenses data on file, last reported at $582.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 3.56% year-over-year to $582.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (up 4.18% YoY), and the FY2025 full-year result was $2.5 billion, up 25.88% from the prior year.
• Operating Expenses retreated to $582.0 million in Q1 2026, from $630.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $673.0 million in Q4 2024 to a low of $371.4 million in Q2 2022.
• A 5-year average of $488.5 million and a median of $466.0 million in 2024 frame the typical range for Operating Expenses.
• Peak annual rise in Operating Expenses reached 52.7% in 2022, while the deepest fall reached 11.64% in 2022.
• Tracing RCL's Operating Expenses over 5 years: stood at $444.4 million in 2022, then rose by 13.18% to $503.0 million in 2023, then soared by 33.8% to $673.0 million in 2024, then declined by 6.39% to $630.0 million in 2025, then retreated by 7.62% to $582.0 million in 2026.
• Business Quant data shows RCL's Operating Expenses at $582.0 million in Q1 2026, $630.0 million in Q4 2025, and $522.0 million in Q3 2025.