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