Quarterly ResultApr 30, 2026, 05:17 PM
RCL Q1 Revenue +11.3% to $4.45B; Diluted EPS $3.48
AI Summary
Royal Caribbean Cruises Ltd. reported strong first-quarter 2026 results with total revenues increasing 11.3% to $4.45 billion and diluted EPS rising 28.9% to $3.48. Net income attributable to the company grew 28.9% to $941 million. The company also saw a significant increase in customer deposits to $6.55 billion and continued fleet expansion with new ship orders and associated financing agreements.
Key Highlights
- Q1 2026 Total Revenues increased 11.3% to $4.45 billion.
- Q1 2026 Net Income attributable to RCL rose 28.9% to $941 million.
- Q1 2026 Diluted Earnings Per Share increased 28.9% to $3.48.
- Customer deposits grew to $6.55 billion as of March 31, 2026.
- Issued $2.5 billion in senior notes in February 2026 for refinancing.
- Secured financing for fifth Icon-class ship (up to ~$2.5B) and two Discovery-class ships (up to ~$2.0B each).
- Ordered two new Discovery-class ships and two additional Icon-class ships, expanding fleet.
- Net cash provided by operating activities increased to $1.83 billion.
Price Impact
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