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

Royal Caribbean Cruises (RCL) reported Operating Income of $1.2 billion for Q1 2026, up 22.96% on a YoY basis from $945.0 million in Q1 2025, and up 24.54% sequentially from $933.0 million in Q4 2025.

Royal Caribbean Cruises (RCL) Operating Income (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises (RCL) has 18 years of Operating Income data on file, last reported at $1.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income rose 22.96% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $5.1 billion (up 19.15% YoY), and the FY2025 full-year result was $4.9 billion, up 19.58% from the prior year.
  • Operating Income grew to $1.2 billion in Q1 2026, from $933.0 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $1.7 billion in Q3 2025 to a low of -$859.2 million in Q1 2022.
  • A 5-year average of $722.9 million and a median of $771.0 million in 2023 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income slipped 6.18% in 2022 and jumped 4145.18% in 2023, its largest moves.
  • Tracing RCL's Operating Income over 5 years: stood at $13.4 million in 2022, then jumped by 4145.18% to $570.0 million in 2023, then gained by 9.47% to $624.0 million in 2024, then surged by 49.52% to $933.0 million in 2025, then increased by 24.54% to $1.2 billion in 2026.
  • Business Quant data shows RCL's Operating Income at $1.2 billion in Q1 2026, $933.0 million in Q4 2025, and $1.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 1.27 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 1.16 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 86.00 Mn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -2.28 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 1.07 Bn
6 Carnival 34.61 Bn 32.38 Bn - 851.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 251.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 232.94 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 40.29 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 3.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.16 Bn
Dec 31, 2025 933.00 Mn
Sep 30, 2025 1.70 Bn
Jun 30, 2025 1.33 Bn
Mar 31, 2025 945.00 Mn
Dec 31, 2024 624.00 Mn
Sep 30, 2024 1.63 Bn
Jun 30, 2024 1.10 Bn
Mar 31, 2024 750.00 Mn
Dec 31, 2023 570.00 Mn
Sep 30, 2023 1.27 Bn
Jun 30, 2023 771.00 Mn
Mar 31, 2023 272.00 Mn
Dec 31, 2022 13.43 Mn
Sep 30, 2022 298.43 Mn
Jun 30, 2022 -218.64 Mn
Mar 31, 2022 -859.21 Mn
Dec 31, 2021 -1.03 Bn
Sep 30, 2021 -1.01 Bn
Jun 30, 2021 -1.02 Bn