What is Royal Caribbean Group's net income?

Royal Caribbean Group (RCL) reported net income of $950M in Q1 2026.

How has Royal Caribbean Group's net income changed year-over-year?

Royal Caribbean Group's net income increased by 29.1% year-over-year, from $736M to $950M.

What is the long-term trend for Royal Caribbean Group's net income?

Over 4 years (2021 to 2025), Royal Caribbean Group's net income has grown at a -5.0% compound annual growth rate (CAGR), from -$5.26B to $4.29B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Royal Caribbean Group RCL Net Income

Net Income at other companies

Carnival CorporationCCL

$539M-4.6%

Norwegian Cruise Line Holdings Ltd.NCLH

$104.67M+360%

AirbnbABNB

$160M+3.9%

Expedia Group, Inc.EXPE

-$12M+93.9%

OneSpaWorld Holdings LimitedOSW

$21.33M+39.7%

G-III Apparel GroupGIII

$66.53M+758%

Other financials

Income statement

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Revenue$4.5B+11.3%

Gross profit$2.2B+14.8%

Operating income$1.2B+23.0%

Net income$941.0M+28.9%

EPS (diluted)$3.48+28.9%

Balance sheet

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Cash & equivalents$512.0M+32.6%

Total debt$678.0M-19.9%

Total equity$9.8B+23.2%

Total assets$42.0B+12.1%

Cash flow

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Operating cash flow$1.8B+12.7%

CapEx$500.0M+16.8%

Free cash flow$1.3B+11.3%

Valuation

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Market cap$85.32B+12.0%

Enterprise value$85.49B+12.1%

P/E19×-2.1×

P/S4.6×+0.2×

Profitability

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Gross margin49.7%+1.5pp

Operating margin27.9%+2.2pp

Net margin24.4%+5.0pp

FCF margin20.9%—

Returns & leverage

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Return on equity50.4%+0.9pp

Debt / equity0.1×0.0×

Current ratio0.2×0.0×

Where this comes from

Reported directly by Royal Caribbean Group in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: Royal Caribbean Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royal Caribbean Group's net income?: Royal Caribbean Group (RCL) reported net income of $950M in Q1 2026.
How has Royal Caribbean Group's net income changed year-over-year?: Royal Caribbean Group's net income increased by 29.1% year-over-year, from $736M to $950M.
What is the long-term trend for Royal Caribbean Group's net income?: Over 4 years (2021 to 2025), Royal Caribbean Group's net income has grown at a -5.0% compound annual growth rate (CAGR), from -$5.26B to $4.29B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.