Cruise Itinerary was Royal Caribbean Cruises’s largest product and service line in fiscal 2025, bringing in $11.54B of $12.41B (93%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cruise Itinerary | $5.72B | $8.71B | $10.59B | $11.54B | ||||||
| Onboard & Other Revenues | — | — | — | — | ||||||
| Passenger Ticket Revenues | — | — | — | — | ||||||
| Other Revenues | $458.00M | $668.00M | $788.00M | $864.00M | ||||||
| Port Costs | — | — | — | — | ||||||
| Total | $6.17B | $9.38B | $11.38B | $12.41B |
Royal Caribbean Cruises brought in $12.41B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 9.0% from $11.38B in fiscal 2024. Cruise Itinerary was the largest at $11.54B (93.0%), ahead of Other Revenues at $864.00M (7.0%).
Compared with fiscal 2024, Other Revenues grew 9.6% to $864.00M and Cruise Itinerary grew 8.9% to $11.54B. From fiscal 2022 to 2025, combined revenue from these lines grew from $6.17B to $12.41B, a compound annual growth rate of 26.2%. Cruise Itinerary's share held steady at about 93.0%.
North America was Royal Caribbean Cruises’s largest region in fiscal 2020, bringing in $1.34B of $2.01B (67%).
| Geography | FY 2019 | FY 2020 |
|---|---|---|
| North America | $6.39B | $1.34B |
| Europe | $1.94B | $18.60M |
| Asia/Pacific | $1.53B | $411.87M |
| Other Regions | $567.90M | $241.59M |
| Total | $10.43B | $2.01B |
Royal Caribbean Cruises brought in $2.01B from its four regions in fiscal 2020, the year ended December 31, 2020. That was down 80.7% from $10.43B in fiscal 2019. North America was the largest at $1.34B (66.6%), ahead of Asia/Pacific at $411.87M (20.4%) and Other Regions at $241.59M (12.0%). The remaining region, Europe, brought in $18.60M.
Compared with fiscal 2019, every region above 2% of revenue shrank. Other Regions held up best, down 57.5% to $241.59M, and North America fell the most, down 79.0% to $1.34B.
Royal Caribbean Cruises (RCL) reports its revenue by product and service and by geography. In fiscal 2025, Cruise Itinerary was its largest product and service line, bringing in $11.54B (93.0% of the total), followed by Other Revenues at $864.00M (7.0%).
Cruise Itinerary was Royal Caribbean Cruises' largest product and service line in fiscal 2025, bringing in $11.54B, or 93.0% of the $12.41B total across its two product and service lines.
North America was Royal Caribbean Cruises' largest region in fiscal 2020, bringing in $1.34B, or 66.6% of the $2.01B total across its four regions.
Other Revenues grew faster than Cruise Itinerary in fiscal 2025, up 9.6% from $788.00M to $864.00M. Cruise Itinerary grew 8.9% to $11.54B.
Every figure comes from Royal Caribbean Cruises' annual financial filings, as reported. Each line keeps the name Royal Caribbean Cruises gives it, and years follow its fiscal calendar.
Royal Caribbean Cruises' revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.