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

Royal Caribbean Cruises' (RCL) quarterly Share-based Compensation came in at $38.0 million in Q1 2026, down 28.3% year-on-year from $53.0 million in Q1 2025, and down 2.56% quarter-over-quarter from $39.0 million in Q4 2025.

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

Royal Caribbean Cruises has disclosed Share-based Compensation across 11 years of filings, most recently posting $38.0 million for Q1 2026.

  • Share-based Compensation for Q1 2026 came in at $38.0 million, down 28.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $160.0 million (down 41.82% YoY), and the FY2025 annual result was $175.0 million, down 34.46% from the prior year.
  • Share-based Compensation came in at $38.0 million for Q1 2026 at Royal Caribbean Cruises, down 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.
  • The 5-year median for Share-based Compensation is $38.0 million (2024), against an average of $37.8 million.
  • Across the five-year window, Share-based Compensation slumped 175.95% in 2022 and jumped 414.84% in 2023, its largest moves.
  • Royal Caribbean Cruises' Share-based Compensation stood at $11.7 million in 2022, then jumped by 301.2% to $47.0 million in 2023, then jumped by 236.17% to $158.0 million in 2024, then plunged by 75.32% to $39.0 million in 2025, then decreased by 2.56% to $38.0 million in 2026.
  • The last three Share-based Compensation figures came in at $38.0 million (Q1 2026), $39.0 million (Q4 2025), and $44.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Share-based Compensation (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 141.00 Mn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 410.00 Mn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 38.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 28.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 103.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 23.37 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 17.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 13.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

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