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Royal Caribbean Cruises Ltd (RCL) operating KPIs

RCLNYSEWater TransportationFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 27, 2026Score 11/3035% above fair value
$307.18−3.36 (-1.08%)

Close on Oct 30, 2026Market cap $82.16BP/E 19.0Yield 1.14%

Royal Caribbean Cruises adjusted Gross Margin / Net Revenues ($M) ($M)

Total revenues less commissions, transportation & other and onboard & other expenses

QuarterlyAnnual
Latest, Q3 2026
4,519
Period ended Sep 30, 2026
Change on a year earlier
+9.4%
4,131 in Q3 2025
History
32 quarters
Since Q4 2014
Sources
23
Documents cited below

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedAdjusted Gross Margin / Net Revenues ($M) ($M)Year on yearSource
Q3 2026Sep 30, 20264,519+9.4%Royal Caribbean Form 8-K Earnings Release (FY2026Q3) ↗
Q2 2026Jun 30, 20263,922+6.9%Royal Caribbean Form 8-K Earnings Release (FY2026Q2) ↗
Q1 2026Mar 31, 20263,675+12.2%Royal Caribbean Form 8-K Earnings Release (FY2026Q1) ↗
Q4 2025Dec 31, 20253,508+13.7%Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗
Q3 2025Sep 30, 20254,131–Royal Caribbean Form 8-K Earnings Release (FY2026Q3) ↗
Q2 2025Jun 30, 20253,670–Royal Caribbean Form 8-K Earnings Release (FY2026Q2) ↗
Q1 2025Mar 31, 20253,276–Royal Caribbean Form 8-K Earnings Release (FY2026Q1) ↗
Q4 2024Dec 31, 20243,086–Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗
Q4 2022Dec 31, 20222,289-8.3%Royal Caribbean Form 8-K Earnings Release (FY2022Q4) ↗
Q4 2021Dec 31, 20212,497–Royal Caribbean Form 8-K Earnings Release (FY2022Q4) ↗
Q1 2020Mar 31, 20201,592-18.0%Royal Caribbean Form 8-K Earnings Release (FY2020Q1) ↗
Q4 2019Dec 31, 20192,011+8.5%Royal Caribbean Form 8-K Earnings Release (FY2019Q4) ↗
Q3 2019Sep 30, 20192,497+13.8%Royal Caribbean Form 8-K Earnings Release (FY2019Q3) ↗
Q2 2019Jun 30, 20192,205+20.0%Royal Caribbean Form 8-K Earnings Release (FY2019Q2) ↗
Q1 2019Mar 31, 20191,941+18.6%Royal Caribbean Form 8-K Earnings Release (FY2020Q1) ↗
Q4 2018Dec 31, 20181,853+15.7%Royal Caribbean Form 8-K Earnings Release (FY2019Q4) ↗

Breakdown

What makes up adjusted gross margin / net revenues ($m)

Cite this data

StockData. (2026). Royal Caribbean Cruises Adjusted Gross Margin / Net Revenues ($M) ($M), quarterly Q4 2014–Q3 2026 [Data set]. Compiled from Royal Caribbean Cruises SEC filings and investor materials. https://stockdatahq.com/stocks/rcl/kpis/adj_gross_margin

See every metric in the Royal Caribbean Cruises KPI table. Data updated Oct 28, 2026.