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