Royal Caribbean Cruises (RCL) Operating Income (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Operating Income came in at $1.2 billion in Q1 2026, up 22.96% year-on-year from $945.0 million in Q1 2025, and up 24.54% quarter-over-quarter from $933.0 million in Q4 2025.
Royal Caribbean Cruises (RCL) Operating Income (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Operating Income across 18 years of filings, most recently posting $1.2 billion for Q1 2026.
- Operating Income for Q1 2026 came in at $1.2 billion, up 22.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.1 billion (up 19.15% YoY), and the FY2025 annual result was $4.9 billion, up 19.58% from the prior year.
- Operating Income came in at $1.2 billion for Q1 2026 at Royal Caribbean Cruises, up 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.
- The 5-year median for Operating Income is $771.0 million (2023), against an average of $722.9 million.
- Across the five-year window, Operating Income slipped 6.18% in 2022 and jumped 4145.18% in 2023, its largest moves.
- Royal Caribbean Cruises' Operating Income stood at $13.4 million in 2022, then surged by 4145.18% to $570.0 million in 2023, then advanced by 9.47% to $624.0 million in 2024, then soared by 49.52% to $933.0 million in 2025, then rose by 24.54% to $1.2 billion in 2026.
- The last three Operating Income figures came in at $1.2 billion (Q1 2026), $933.0 million (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 1.27 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 86.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 1.16 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 607.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 251.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 232.94 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 3.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 159.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 364.00 Mn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 40.29 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 |