Royal Caribbean Cruises (RCL) Share-based Compensation (2016 - 2026)

Royal Caribbean Cruises (RCL) reported Share-based Compensation of $38.0 million for Q1 2026, down 28.3% on a YoY basis from $53.0 million in Q1 2025, and down 2.56% sequentially from $39.0 million in Q4 2025.

Royal Caribbean Cruises (RCL) Share-based Compensation (2016 - 2026) Analysis & Trends

Royal Caribbean Cruises (RCL) has 11 years of Share-based Compensation data on file, last reported at $38.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Share-based Compensation fell 28.3% year-over-year to $38.0 million; the trailing twelve-month figure through Mar 2026 stood at $160.0 million (down 41.82% YoY), and the FY2025 full-year result was $175.0 million, down 34.46% from the prior year.
  • Share-based Compensation retreated to $38.0 million in Q1 2026, from $39.0 million in the prior quarter.
  • In the past five years, Share-based Compensation ranged from a high of $158.0 million in Q4 2024 to a low of -$12.7 million in Q2 2022.
  • A 5-year average of $37.8 million and a median of $38.0 million in 2024 frame the typical range for Share-based Compensation.
  • Across the five-year window, Share-based Compensation plunged 175.95% in 2022 and jumped 414.84% in 2023, its largest moves.
  • Tracing RCL's Share-based Compensation over 5 years: stood at $11.7 million in 2022, then soared by 301.2% to $47.0 million in 2023, then soared by 236.17% to $158.0 million in 2024, then sank by 75.32% to $39.0 million in 2025, then retreated by 2.56% to $38.0 million in 2026.
  • Business Quant data shows RCL's Share-based Compensation at $38.0 million in Q1 2026, $39.0 million in Q4 2025, and $44.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 141.00 Mn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 38.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 410.00 Mn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 24.05 Mn
6 Carnival 34.61 Bn 32.38 Bn - 22.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 103.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 23.37 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 14.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 38.00 Mn
Mar 31, 2026 38.00 Mn
Dec 31, 2025 39.00 Mn
Dec 31, 2025 39.00 Mn
Sep 30, 2025 44.00 Mn
Sep 30, 2025 44.00 Mn
Jun 30, 2025 39.00 Mn
Jun 30, 2025 39.00 Mn
Mar 31, 2025 53.00 Mn
Mar 31, 2025 53.00 Mn
Dec 31, 2024 158.00 Mn
Dec 31, 2024 158.00 Mn
Sep 30, 2024 26.00 Mn
Sep 30, 2024 26.00 Mn
Jun 30, 2024 38.00 Mn
Jun 30, 2024 38.00 Mn
Mar 31, 2024 45.00 Mn
Mar 31, 2024 45.00 Mn
Dec 31, 2023 47.00 Mn
Dec 31, 2023 47.00 Mn