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

Royal Caribbean Cruises (RCL) posted Share-based Compensation of $6.0 million for Q2 2026, down 96.76% sequentially from $185.0 million in Q1 2026, and down 81.25% YoY from $32.0 million in Q2 2025.

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

Royal Caribbean Cruises has reported Share-based Compensation for 11 years, with the latest figure at $6.0 million in Q2 2026.

  • Quarterly Share-based Compensation fell 81.25% year-over-year to $6.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $274.0 million (down 0.72% YoY) and the FY2025 annual result came in at $175.0 million, down 34.46% from the prior year.
  • Share-based Compensation slipped to $6.0 million in Q2 2026 per RCL's latest filing, from $185.0 million in the prior quarter.
  • Over five years, Share-based Compensation peaked at $185.0 million in Q1 2026 and troughed at -$12.7 million in Q2 2022.
  • A 5-year average of $44.2 million and a median of $35.0 million in 2024 frame the typical range for Share-based Compensation.
  • The sharpest annual moves came in 2022 and 2023: Share-based Compensation slumped 175.95% in 2022, then soared 414.84% in 2023.
  • Over 5 years, Share-based Compensation 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 plunged by 75.32% to $39.0 million in 2025, then slumped by 84.62% to $6.0 million in 2026.
  • According to Business Quant data, Share-based Compensation over the past three periods registered $6.0 million, $185.0 million, and $39.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 Booking Holdings 159.34 Bn 142.12 Bn 4.98 Bn 123.00 Mn
2 Airbnb 108.60 Bn 96.53 Bn 2.98 Bn 487.00 Mn
3 Royal Caribbean Cruises 81.57 Bn 80.88 Bn 2.29 Bn 6.00 Mn
4 Viking Holdings 44.18 Bn 40.38 Bn 713.43 Mn 24.05 Mn
5 Carnival 38.51 Bn 36.29 Bn - 22.00 Mn
6 Expedia 38.08 Bn 30.96 Bn 3.91 Bn 114.00 Mn
7 Trip.com 29.19 Bn 17.73 Bn 1.86 Bn -
8 Norwegian Cruise Line Holdings 8.73 Bn 8.51 Bn 1.05 Bn 22.73 Mn
9 MakeMyTrip 5.85 Bn 5.09 Bn 212.91 Mn -
10 Global Business Travel 4.94 Bn 4.47 Bn 514.00 Mn 19.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 6.00 Mn
Jun 30, 2026 6.00 Mn
Mar 31, 2026 185.00 Mn
Mar 31, 2026 185.00 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 32.00 Mn
Jun 30, 2025 32.00 Mn
Mar 31, 2025 60.00 Mn
Mar 31, 2025 60.00 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