Royal Caribbean Cruises (RCL) Share-based Compensation (2016 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Share-based Compensation came in at $6.0 million in Q2 2026, down 81.25% year-over-year from $32.0 million in Q2 2025, and down 96.76% quarter-over-quarter from $185.0 million in Q1 2026.
Analysis
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 $6.0 million for Q2 2026.
- In Q2 2026, Share-based Compensation fell 81.25% year-over-year to $6.0 million; the TTM figure through Jun 2026 stood at $274.0 million (down 0.72% YoY), while the FY2025 annual figure was $175.0 million, down 34.46% from the prior year.
- Share-based Compensation came in at $6.0 million for Q2 2026 at Royal Caribbean Cruises, down from $185.0 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $185.0 million in Q1 2026 to a low of -$12.7 million in Q2 2022.
- Average Share-based Compensation over 5 years is $44.2 million, with a median of $35.0 million recorded in 2024.
- Year-over-year, Share-based Compensation sank 175.95% in 2022 and surged 414.84% in 2023.
- Over 5 years, 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 slumped by 75.32% to $39.0 million in 2025, then plunged by 84.62% to $6.0 million in 2026.
- Per Business Quant data, the three most recent Share-based Compensation figures were $6.0 million in Q2 2026, $185.0 million in Q1 2026, and $39.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 6.00 Mn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 19.35 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 81.00 Mn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 56.82 Mn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | -3.52 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 Mn |
| Mar 31, 2026 | 185.00 Mn |
| Dec 31, 2025 | 39.00 Mn |
| Sep 30, 2025 | 44.00 Mn |
| Jun 30, 2025 | 32.00 Mn |
| Mar 31, 2025 | 60.00 Mn |
| Dec 31, 2024 | 158.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Mar 31, 2024 | 45.00 Mn |
| Dec 31, 2023 | 47.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 40.00 Mn |
| Mar 31, 2023 | 26.00 Mn |
| Dec 31, 2022 | 11.72 Mn |
| Sep 30, 2022 | 14.15 Mn |
| Jun 30, 2022 | -12.71 Mn |
| Mar 31, 2022 | 22.84 Mn |
| Dec 31, 2021 | 8.57 Mn |
| Sep 30, 2021 | 19.87 Mn |