Royal Caribbean Cruises Ltd reported second-quarter 2026 results with revenue of $4.83B, up 6.5% from the year-ago quarter, while net income and diluted EPS declined modestly to $1.13B and $4.2, respectively.
Financial Highlights
- Revenue was $4.83B, compared with $4.54B in the prior-year quarter; YoY change 6.5%.
- Net income was $1.13B, compared with $1.21B in the prior-year quarter; YoY change (6.8%).
- Diluted EPS was $4.2, compared with $4.41 in the prior-year quarter; YoY change (4.8%).
Business Highlights
- Total revenues rose 6.5% for Q2 and about 8.7% year-to-date, driven by capacity additions and higher pricing.
- Capacity growth: APCD increased ~4.9% in Q2 (6.5% YTD) as new ship deployments boosted passenger volumes.
- Brand expansion: New ship deliveries including Star of the Seas, Celebrity Xcel and Legend of the Seas broadened global and partner brand offerings.
- Onboard and other revenues increased 11% in Q2 (12.5% YTD), supported by higher per-passenger spend and added capacity.
- Operational milestones included maiden deliveries for joint ventures/partners (Mein Schiff Flow, Legend of the Seas) and increased crew/payroll to support fleet growth.
Original SEC Filing:
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